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Northvolt appoints restructuring expert to oversee main battery plant
COPENHAGEN (Reuters) – Northvolt has appointed restructuring expert Paul O’Donnell to oversee the li...
20th November, 2024
management
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Business
VW plans for factory closures cross several red lines, works council chief says
WOLFSBURG/BERLIN (Reuters) – Volkswagen is planning to shut factories in every scenario presented to...
20th November, 2024
Business
Polish fashion retailer LPP appoints Marcin Bojko as deputy CEO
(Reuters) – Poland’s largest fashion retailer LPP said on Friday it has appointed Marcin Bojko as it...
16th November, 2024
Business
Factbox-Seven & i’s reported offer and the biggest management buyouts to date
By Kane Wu HONG KONG (Reuters) – Japan’s Seven & i Holdings said on Wednesday it has received a buyo...
13th November, 2024
Finance
Endeavor to sell OpenBet, IMG Arena for about $450 million to management-led group
(Reuters) – Endeavor Group will sell its OpenBet and IMG Arena businesses to management-led group OB...
12th November, 2024
Business
Schroders’ new CEO shakes up top team after bruising year
LONDON (Reuters) – New Schroders CEO Richard Oldfield has more than halved the size of the asset man...
11th November, 2024
Finance
Oaktree Capital urges UK’s Indivior to refresh board
(Reuters) –Investment fund Oaktree Capital Management has urged British drugmaker Indivior to cooper...
9th November, 2024
Business
Nissan to axe 9,000 jobs, cut production on weak China, US sales
By Daniel Leussink TOKYO (Reuters) -Nissan Motor will cut 9,000 jobs and 20% of its global manufactu...
7th November, 2024
Business
Iveco to accelerate cost cutting plans as Q3 operating profit drops 13%
By Giulio Piovaccari MILAN (Reuters) -Iveco Group said on Thursday it would accelerate plans to cut...
7th November, 2024
Business
Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units
(Reuters) – Safran has appointed Stephane Cueille as CEO of its Aircraft Engines unit, replacing Jea...
7th November, 2024
Business
NEW LEADERSHIP TEAM DRIVES MAJOR YEAR-ON-YEAR GROWTH AT INFINOX CAPITAL LIMITED
Companies House filings show a 117% increase in pre-tax profits and 70% reduction in administration...
6th November, 2024
Business
Schneider Electric ousts CEO Peter Herweck
(Reuters) – Schneider Electric said on Monday its board of directors had decided to remove CEO Peter...
4th November, 2024