corporate strategy

Image for Hobbycraft-owner Modella buys about half of Claire's UK stores out of bankruptcy
Finance

Hobbycraft-owner Modella buys about half of Claire's UK stores out of bankruptcy

(Reuters) -Hobbycraft-owner Modella Capital will buy most of U.S.-based Claire's UK and Irish operat...

29th September, 2025

Image for Iceland's Fly Play to cease all flights, 400 staff to lose jobs
Finance

Iceland's Fly Play to cease all flights, 400 staff to lose jobs

(Reuters) -Fly Play will cease its activities in a move that will hit around 400 employees, the Icel...

29th September, 2025

Image for GSK CEO Walmsley to exit as insider Miels tapped to rev up pipeline
Finance

GSK CEO Walmsley to exit as insider Miels tapped to rev up pipeline

(Reuters) -British drugmaker GSK said on Monday Emma Walmsley will step down as CEO after nine years...

29th September, 2025

Image for Lufthansa to cut 4,000 jobs, raises profitability targets
Finance

Lufthansa to cut 4,000 jobs, raises profitability targets

(Reuters) -Lufthansa will cut 4,000 administrative jobs by 2030 and set higher profitability targets...

29th September, 2025

Image for ING facing delay in completing the sale of its Russian unit
Finance

ING facing delay in completing the sale of its Russian unit

BRUSSELS (Reuters) -Dutch bank ING said on Friday it was facing a delay completing the previously an...

26th September, 2025

Image for Exclusive-Lufthansa to cut thousands of jobs in pursuit of efficiency
Finance

Exclusive-Lufthansa to cut thousands of jobs in pursuit of efficiency

By Ilona Wissenbach FRANKFURT (Reuters) -Lufthansa is expected to announce several thousand job cuts...

26th September, 2025

Image for VW to overhaul India business amid market pressures, company memo shows
Finance

VW to overhaul India business amid market pressures, company memo shows

By Aditi Shah NEW DELHI (Reuters) -Volkswagen Group is restructuring its business in India, a key gr...

26th September, 2025

Image for Morning Bid: Stocks cop one-two punch
Finance

Morning Bid: Stocks cop one-two punch

A look at the day ahead in European and global markets from Rae Wee Just as the word was slowly fadi...

26th September, 2025

Image for Starbucks closing stores, including iconic Seattle roastery, as CEO deepens restructuring
Finance

Starbucks closing stores, including iconic Seattle roastery, as CEO deepens restructuring

(Reuters) -Starbucks said on Thursday it has approved a restructuring plan to close underperforming...

25th September, 2025

Image for Bosch to cut 13,000 jobs to bring down costs in tough autos market
Finance

Bosch to cut 13,000 jobs to bring down costs in tough autos market

BERLIN (Reuters) -Germany's unlisted automotive supplier Robert Bosch plans to expand an efficiency...

25th September, 2025

Image for Birkenstock lifts sales outlook on demand boost for clogs and shoes
Finance

Birkenstock lifts sales outlook on demand boost for clogs and shoes

(Reuters) -German sandal maker Birkenstock on Thursday forecast fiscal 2025 revenue of at least 2.09...

25th September, 2025

Image for Commerzbank details $1.2 billion buyback as it keeps UniCredit at bay
Finance

Commerzbank details $1.2 billion buyback as it keeps UniCredit at bay

FRANKFURT (Reuters) -Commerzbank said on Wednesday that it would begin to buy back up to 1 billion e...

24th September, 2025