corporate strategy

Image for Denmark's Maersk to initiate $2 billion share buyback
Finance

Denmark's Maersk to initiate $2 billion share buyback

(Reuters) -Maersk said on Wednesday it has initiated a share buyback program of up to 14.4 billion D...

5th February, 2025

Image for Anglo CEO pursues value as works on De Beers spin-off
Finance

Anglo CEO pursues value as works on De Beers spin-off

By Felix Njini and Clara Denina CAPE TOWN (Reuters) - Anglo American is working to maximise its valu...

3rd February, 2025

Image for Lufthansa CEO sees more airline sector consolidation in Europe
Finance

Lufthansa CEO sees more airline sector consolidation in Europe

By Angelo Amante ROME (Reuters) -There is scope for further consolidation in the European airline se...

3rd February, 2025

Image for Stellantis shakes up management, structure, as CEO search continues
Finance

Stellantis shakes up management, structure, as CEO search continues

MILAN (Reuters) - Stellantis announced on Monday an internal overhaul aimed at simplifying its struc...

3rd February, 2025

Image for UniCredit discloses 4.1% Generali holding, denies any strategic interest
Finance

UniCredit discloses 4.1% Generali holding, denies any strategic interest

MILAN (Reuters) - UniCredit on Sunday disclosed a 4.1% stake in Generali, a move that the bank said...

2nd February, 2025

Image for Porsche starts talks to end CFO, sales chief contracts
Finance

Porsche starts talks to end CFO, sales chief contracts

BERLIN (Reuters) -Porsche's supervisory board has started talks to end finance chief Lutz Meschke's...

2nd February, 2025

Image for UniCredit says focused on BPM, Commerzbank as sources confirm small Generali stake
Finance

UniCredit says focused on BPM, Commerzbank as sources confirm small Generali stake

MILAN (Reuters) - UniCredit remains focused on its takeover bid for Banco BPM and its stake in Comme...

1st February, 2025

Image for Fitch says MPS bid for Mediobanca carries risks, but too early to assess
Finance

Fitch says MPS bid for Mediobanca carries risks, but too early to assess

MILAN (Reuters) - Monte dei Paschi di Siena's acquisition of bigger rival Mediobanca would be challe...

31st January, 2025

Image for STMicroelectronics may cut 2,000-3,000 jobs in France, Italy - Bloomberg News
Finance

STMicroelectronics may cut 2,000-3,000 jobs in France, Italy - Bloomberg News

(Reuters) -French-Italian computer chip maker STMicroelectronics is considering cuts of up to 6% of...

31st January, 2025

Image for Chopard fragrance licensee Give Back Beauty agrees to buy rival AB Parfumes
Finance

Chopard fragrance licensee Give Back Beauty agrees to buy rival AB Parfumes

MILAN (Reuters) - Italy's Give Back Beauty, which makes perfumes for luxury brands such as Chopard a...

31st January, 2025

Image for Smiths Group to break up after activist pressure, shares hit record high
Finance

Smiths Group to break up after activist pressure, shares hit record high

By Yadarisa Shabong and Aby Jose Koilparambil (Reuters) -Britain's Smiths Group said on Friday it pl...

31st January, 2025

Image for Intel's quarterly revenue tops expectations as investors await new CEO
Finance

Intel's quarterly revenue tops expectations as investors await new CEO

By Max A. Cherney and Arsheeya Bajwa (Reuters) - Intel on Thursday posted December-quarter results t...

30th January, 2025