management

Image for Disney to cut nearly 6% staff across two units, source saysFinance

Disney to Cut Nearly 6% Staff Across Two Units, Source Says

Image for Campari warns of tariffs impact, sees 2025 as "transition year"Finance

Campari Warns of Tariffs Impact, Sees 2025 as "transition Year"

Image for Vespa maker Piaggio posts record margin despite 'anomalous' economyFinance

Vespa Maker Piaggio Posts Record Margin Despite 'anomalous' Economy

Image for HSBC kicks off search for new UK CEOFinance

HSBC Kicks Off Search for New UK CEO

Image for Mercedes-Benz to cut headcount, lower pay increases amid cost-cutting drive

Mercedes-Benz to Cut Headcount, Lower Pay Increases Amid Cost-Cutting Drive

Date: March 4, 2025

FRANKFURT (Reuters) - Mercedes-Benz has won agreement from its works council to offer buy-outs to staff under a programme to cut costs and jobs, German magazine Wirtschaftswoche reported on Tuesday....

Image for UK's Smiths News says CFO Baker to step down

UK's Smiths News Says CFO Baker to Step Down

Date: March 4, 2025

(Reuters) -Newspapers and magazines distributor Smiths News said on Tuesday its CFO Paul Baker intends to leave the firm after more than three-and-a-half years in the role. During Baker's tenure,...

Image for Exclusive-Activist investor Engaged launches proxy fight at restaurant chain Portillo's

Exclusive-Activist Investor Engaged Launches Proxy Fight at Restaurant Chain Portillo's

Date: March 3, 2025

By Svea Herbst-Bayliss NEW YORK (Reuters) - Activist investor Engaged Capital is ready to run a boardroom fight at restaurant chain Portillo's and has nominated two director candidates to the...

Image for Allegro drawing takeover interest from ON Semiconductor, Bloomberg News reports

Allegro Drawing Takeover Interest From on Semiconductor, Bloomberg News Reports

Date: March 2, 2025

(Reuters) -Sensor integrated circuits provider Allegro Microsystems is drawing takeover interest from larger competitor ON Semiconductor, Bloomberg News reported on Sunday, citing people familiar with...

Image for Russian operator of Syria's Tartous port dismisses reports it has lost its contract

Russian Operator of Syria's Tartous Port Dismisses Reports It Has Lost Its Contract

Date: February 28, 2025

By Gleb Stolyarov (Reuters) - STG Engineering, a Russian company that operates Syria's Tartous commercial port, said on Friday that it was continuing to work as usual and that its contract had not...

Image for Belgium's Proximus to consider internal, external candidates for new CEO

Belgium's Proximus to Consider Internal, External Candidates for New CEO

Date: February 28, 2025

(Reuters) - Belgium's Proximus will consider internal and external candidates for its next CEO after current head Guillaume Boutin announced his unexpected departure to join Vodafone, the telecoms...