Business
Stellantis to lay off 400 workers at Detroit parts facility
By Nora Eckert DETROIT (Reuters) -Stellantis added to its rising tally of layoffs on Friday, saying...
9th November, 2024
corporate strategy
Top Stories
Portugal targets 2025 TAP sale as more than 12 potential buyers show interest
By Sergio Goncalves LISBON (Reuters) – Portugal’s government plans to resume the sale of flag carrie...
9th November, 2024
Business
German arms group Rheinmetall targets record sales as political landscape shifts
By Matthias Inverardi and Miranda Murray BERLIN (Reuters) -Germany’s Rheinmetall, boosted by the lif...
8th November, 2024
Business
Under Armour lifts profit forecast on cost savings, shares surge
By Ananya Mariam Rajesh (Reuters) -Under Armour shares shot up 20% on Thursday as the sportswear mak...
8th 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
Top Stories
BMW quarterly profit misses expectations due to weak China sales, brake issues
By Nick Carey and Christoph Steitz LONDON/FRANKFURT (Reuters) -BMW on Wednesday reported a 61% drop...
6th November, 2024
Business
Barry Callebaut sees a second year of flat sales volumes on high cocoa prices
By Andrey Sychev (Reuters) – Swiss chocolate maker Barry Callebaut posted annual profit growth as it...
6th November, 2024
Banking
Commerzbank seeks to fend off UniCredit as both banks hike targets
By Tom Sims and Valentina Za FRANKFURT/MILAN (Reuters) – Germany’s Commerzbank raised some financial...
6th November, 2024
Finance
Germany’s Fresenius raises 2024 forecast after Q3 beat, shares rise
By Tristan Veyet and Rafal Wojciech Nowak (Reuters) – Germany’s Fresenius raised its full-year outlo...
6th November, 2024
Business
Evonik’s cost cuts help it beat Q3 core profit expectations
(Reuters) – German chemicals group Evonik Industries reported third-quarter core profit above market...
6th November, 2024
Business
Germany’s TeamViewer trims revenue forecast on FX headwinds
(Reuters) – German software developer TeamViewer lowered its full-year revenue outlook on Wednesday,...
6th November, 2024