Finance
Renault lowers 2025 guidance, names finance chief Minto as interim CEO
By Dominique Patton PARIS (Reuters) -Renault named its finance chief Duncan Minto as interim CEO on...
15th July, 2025
corporate strategy
Headlines
Volvo Cars books $1 billion impairment charge due to tariffs, launch delays
STOCKHOLM (Reuters) -Sweden-based Volvo Cars will book a one-off, non-cash impairment charge of 11.4...
14th July, 2025
Finance
Orange, Bouygues, Iliad-owned Free exploring carve-up of Patrick Drahi's SFR, FT reports
(Reuters) -French telecom operators Orange, Iliad-owned Free and construction-to-telecoms conglomera...
14th July, 2025
Finance
Thyssenkrupp steel, workers agree deep cuts in major overhaul
FRANKFURT (Reuters) -Thyssenkrupp and trade union IG Metall on Saturday said they had agreed on redu...
12th July, 2025
Finance
Kraft Heinz explores grocery business spinoff worth up to $20 billion, source says
(Reuters) -Packaged food maker Kraft Heinz is preparing to break itself up, the Wall Street Journal...
11th July, 2025
Headlines
Germany's ZF to cut costs even more if car production declines, says CFO
(Reuters) -Germany's second-largest automotive supplier ZF Friedrichshafen plans to take even more s...
10th July, 2025
Headlines
Portugal relaunches TAP airline privatisation, aims to sell 49.9%
LISBON (Reuters) -Portugal's government has re-launched a long-delayed privatisation of flag carrier...
10th July, 2025
Finance
Gerresheimer to decide on moulded glass spinoff in H2
By Isabel Demetz and Marleen Kaesebier (Reuters) -German packaging and medical equipment maker Gerre...
10th July, 2025
Finance
UK's PageGroup sees profit slump to $30 million in 2025
(Reuters) -British recruiter PageGroup forecast on Thursday an annual operating profit of about 22 m...
10th July, 2025
Finance
Gerresheimer cuts its 2025 revenue outlook for second time
(Reuters) -German packaging and medical equipment maker Gerresheimer cut its revenue guidance for 20...
10th July, 2025
Finance
Microsoft racks up over $500 million in AI savings while slashing jobs, Bloomberg News reports
(Reuters) -Microsoft saved more than $500 million in its call centers alone last year by using artif...
9th July, 2025
Finance
Merck to acquire Verona Pharma for $10 billion
(Reuters) -Merck will buy UK-based Verona Pharma for about $10 billion, the companies said on Wednes...
9th July, 2025