corporate strategy

Image for Chevron staffers absorb long-awaited layoffs as CEO pledges accountability
Finance

Chevron staffers absorb long-awaited layoffs as CEO pledges accountability

By Ernest Scheyder and Sheila Dang HOUSTON (Reuters) - During an internal town hall meeting last wee...

19th February, 2025

Image for BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports
Finance

BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports

(Reuters) - Oil major BP is considering a potential sale of its lubricants business, Castrol, which...

18th February, 2025

Image for Italy's Poste ready to raise Telecom Italia stake as M&A looms
Finance

Italy's Poste ready to raise Telecom Italia stake as M&A looms

MILAN (Reuters) - State-backed Poste Italiane is ready to increase its recently acquired stake in Te...

18th February, 2025

Image for Continental to cut further 3,000 jobs in R&D in automotive branch
Finance

Continental to cut further 3,000 jobs in R&D in automotive branch

(Reuters) -Continental's automotive branch plans to cut 3,000 jobs in its research and development s...

18th February, 2025

Image for Commerzbank signs 15-year contract for new high-rise Frankfurt office
Finance

Commerzbank signs 15-year contract for new high-rise Frankfurt office

FRANKFURT (Reuters) - Commerzbank, which last week announced job cuts in Germany as it fends off a t...

18th February, 2025

Image for Edenred sees 2025 headwinds overshadow profit beat; shares fall
Finance

Edenred sees 2025 headwinds overshadow profit beat; shares fall

By Dimitri Rhodes and Hugo Lhomedet (Reuters) - French vouchers provider Edenred said on Tuesday it...

18th February, 2025

Image for Edenred beats annual profit expectations, driven by medium-term strategic plan
Finance

Edenred beats annual profit expectations, driven by medium-term strategic plan

(Reuters) - French vouchers provider Edenred reported higher-than-expected annual core profit on Tue...

18th February, 2025

Image for HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says
Finance

HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says

By Selena Li and Scott Murdoch HONG KONG/SYDNEY (Reuters) -HSBC has laid off around 40 investment ba...

18th February, 2025

Image for Factbox-Key elements of Commerzbank's strategy update as it fends off UniCredit
Finance

Factbox-Key elements of Commerzbank's strategy update as it fends off UniCredit

FRANKFURT (Reuters) - Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitio...

13th February, 2025

Image for Schindler upbeat on North America, says local sourcing means no US tariff hit
Finance

Schindler upbeat on North America, says local sourcing means no US tariff hit

By Bartosz Dabrowski and Bernadette Hogg (Reuters) -Swiss lift and escalator maker Schindler on Wedn...

12th February, 2025

Image for Henkel to sell retailer brands business in North America
Finance

Henkel to sell retailer brands business in North America

(Reuters) - German consumer goods maker Henkel said on Friday it would sell its retailer brands busi...

7th February, 2025

Image for India's Jupiter, Poland's PFR ready offers for Spanish train maker Talgo, El Confidencial reports
Finance

India's Jupiter, Poland's PFR ready offers for Spanish train maker Talgo, El Confidencial reports

MADRID (Reuters) - India's train maker Jupiter Wagons and Poland's state-owned investment PFR are re...

7th February, 2025