corporate-strategy
Lufthansa Group Is More Closely Integrating Subsidiaries
S&P Places Mediobanca's Long-Term Rating on Creditwatch Negative
Stellantis Close to Final Scenario on Tariffs With US Administration, CEO Says
Iberdrola Raises Stake in Brazil's Neoenergia to 84% for $2.2 Billion
German Auto Supplier Zf to Replace CEO at End of Month
Date: September 11, 2025
FRANKFURT (Reuters) -German automotive supplier ZF Friedrichshafen will replace Chief Executive Holger Klein at the end of the month after he decided to step down early by mutual agreement, the...
Covestro Shares Climb as Adnoc Plans EU Concessions
Date: September 11, 2025
-Shares in German chemicals maker Covestro rose on Thursday after Reuters reported that ADNOC was preparing to make concessions in response to an EU subsidy investigation of its 14.7 billion euro ($...
Coach Parent Tapestry Expects to Offset Tariff Costs by 2028, Plans $3 Billion Buyback
Date: September 10, 2025
By Neil J Kanatt and Savyata Mishra (Reuters) -Tapestry expects to fully mitigate the impact of current U.S. tariffs by fiscal year 2028, executives said at its investor day on Wednesday, as the...
Kering Delays Full Valentino Acquisition to 2028 Amid Debt Concerns
Date: September 10, 2025
PARIS (Reuters) -Kering said on Wednesday that it will not fully acquire Italian fashion house Valentino until at least 2028, in its first major move under new CEO Luca de Meo. Kering's committment to...
Wizz Air to Cease Vienna Base Operations by March 2026
Date: September 10, 2025
(Reuters) -Wizz Air will cease its base operations in Vienna by March 2026, the Hungarian low-cost airline said on Wednesday, following a strategic review. "The airport cost base in Vienna, as well...
Lufthansa Making Progress With Turnaround Plan, CEO Says
Date: September 10, 2025
By Ilona Wissenbach and Joanna Plucinska FRANKFURT (Reuters) -Lufthansa group is making progress with its turnaround plan, though 2025 and 2026 will be transitional years as it works to stem...