corporate-strategy
Portugal Relaunches Tap Airline Privatisation, Aims to Sell 49.9%
Gerresheimer to Decide on Moulded Glass Spinoff in H2
UK's PageGroup Sees Profit Slump to $30 Million in 2025
Gerresheimer Cuts Its 2025 Revenue Outlook for Second Time
Microsoft Racks up Over $500 Million in AI Savings While Slashing Jobs, Bloomberg News Reports
Date: July 9, 2025
(Reuters) -Microsoft saved more than $500 million in its call centers alone last year by using artificial intelligence, Bloomberg News reported on Wednesday. The tech giant last week announced plans...
Merck to Acquire Verona Pharma for $10 Billion
Date: July 9, 2025
(Reuters) -Merck will buy UK-based Verona Pharma for about $10 billion, the companies said on Wednesday, strengthening the U.S. firm's presence in respiratory treatments as it readies for the patent...
Traton Posts Slight Increase in Q2 Deliveries but US Tariffs Weigh
Date: July 9, 2025
(Reuters) -German truck maker Traton reported on Wednesday a 1% increase in second-quarter deliveries year on year despite ongoing uncertainty over U.S. import tariffs. The Volkswagen subsidiary said...
Ad Group Wpp Cuts Outlook After Big Client Losses, Shares Plunge
Date: July 9, 2025
LONDON (Reuters) -British ad group WPP slashed its profit outlook for the year after trading deteriorated, raising concerns about the group's ability to deal with the technological change driven by AI...
Italy's UniCredit Doubles Equity Stake in Germany's Commerzbank to 20%
Date: July 8, 2025
By Valentina Za, Tom Sims and Emma-Victoria Farr MILAN (Reuters) -UniCredit increased its shareholding in Commerzbank to 20%, giving the Italian lender a bigger stake in the German competitor as it...
Portugal Has No Favourite Among 3 Airlines Interested in Airline Tap, Says Minister
Date: July 8, 2025
By Sergio Goncalves LISBON (Reuters) -Portugal has no preferred pick among the three major European airlines that have shown interest in the flag carrier TAP, whose partial privatisation the...