corporate strategy

Image for Stellantis to scrap target of 100% EVs by 2030, says Europe chief
Headlines

Stellantis to scrap target of 100% EVs by 2030, says Europe chief

MUNICH (Reuters) -Franco-Italian carmaker Stellantis will no longer pursue a target of producing onl...

8th September, 2025

Image for UK insurer Phoenix's lower book value drags shares, plans rebrand to Standard Life
Finance

UK insurer Phoenix's lower book value drags shares, plans rebrand to Standard Life

(Reuters) -British insurer Phoenix Group said on Monday it would rebrand as "Standard Life Plc" in M...

8th September, 2025

Image for Mercedes keeps 'value over volume' approach in tough Chinese market
Finance

Mercedes keeps 'value over volume' approach in tough Chinese market

By Christoph Steitz and Christine Uyanik MUNICH (Reuters) -German luxury automaker Mercedes-Benz is...

7th September, 2025

Image for Marchon-owner VSP Vision buys maker of Tom Ford glasses Marcolin from PAI
Finance

Marchon-owner VSP Vision buys maker of Tom Ford glasses Marcolin from PAI

MILAN (Reuters) -California-based VSP Vision, the owner of eyeglasses manufacturer Marchon, has agre...

5th September, 2025

Image for Safran weighs sale of aircraft interiors assets worth $1.76 billion, FT reports
Finance

Safran weighs sale of aircraft interiors assets worth $1.76 billion, FT reports

(Reuters) -French aerospace and defense group Safran is exploring the sale of a large part of its ai...

5th September, 2025

Image for BBVA set to launch 14.9 billion euro hostile bid for Sabadell on Monday
Finance

BBVA set to launch 14.9 billion euro hostile bid for Sabadell on Monday

MADRID (Reuters) -Spain's stock market supervisor on Friday approved BBVA's takeover offer to acquir...

5th September, 2025

Image for Thyssenkrupp Steel workers approve restructuring plan, await financing
Headlines

Thyssenkrupp Steel workers approve restructuring plan, await financing

BERLIN (Reuters) -Workers at Thyssenkrupp Steel Europe (tkSE) voted to approve a sweeping restructur...

5th September, 2025

Image for Orsted cuts profit outlook ahead of $9.4 billion rights issue vote
Headlines

Orsted cuts profit outlook ahead of $9.4 billion rights issue vote

COPENHAGEN (Reuters) -Danish wind farm developer Orsted cut its operating profit outlook for 2025 on...

5th September, 2025

Image for Austrian oil company OMV plans to cut a evening twelfth of staff worldwide, Kurier reports
Finance

Austrian oil company OMV plans to cut a evening twelfth of staff worldwide, Kurier reports

Vienna (Reuters) -Austrian oil, gas and chemicals group OMV plans to cut 2,000 of its 23,000 worldwi...

5th September, 2025

Image for Berlusconi-backed MFE scores German win in European TV game
Finance

Berlusconi-backed MFE scores German win in European TV game

FRANKFURT (Reuters) -MFE-MediaForEurope said on Thursday it secured a 75.61% stake in ProSiebenSat.1...

4th September, 2025

Image for UniCredit CEO says shareholders have the last say on Commerzbank
Finance

UniCredit CEO says shareholders have the last say on Commerzbank

FRANKFURT (Reuters) -Job losses if UniCredit were to take over Commerzbank would probably be "signif...

4th September, 2025

Image for UK's Anglo American sells Valterra Platinum stake for $2.5 billion
Finance

UK's Anglo American sells Valterra Platinum stake for $2.5 billion

(Reuters) -Global miner Anglo American on Thursday said it has raised about $2.5 billion from the sa...

4th September, 2025