management

Image for Porsche tasks former McLaren boss Leiters with leading revival
Finance

Porsche tasks former McLaren boss Leiters with leading revival

By Rachel More BERLIN (Reuters) -Porsche has agreed on a successor to CEO Oliver Blume, who will ste...

17th October, 2025

Image for What's in Nestle's sprawling food empire as new CEO wields axe?
Finance

What's in Nestle's sprawling food empire as new CEO wields axe?

By Alexander Marrow AMSTERDAM (Reuters) -Nestle's new CEO Philipp Navratil has started with a bang,...

16th October, 2025

Image for Giorgio Armani group names long-time executive Marsocci as CEO
Headlines

Giorgio Armani group names long-time executive Marsocci as CEO

MILAN (Reuters) -Giorgio Armani's deputy managing director Giuseppe Marsocci is set to be named as n...

16th October, 2025

Image for Nestle to cut 16,000 jobs as new CEO ignites 'turnaround fire'
Finance

Nestle to cut 16,000 jobs as new CEO ignites 'turnaround fire'

By Alexander Marrow (Reuters) -Nestle will axe 16,000 jobs as it tries to raise sales volumes, new C...

16th October, 2025

Image for Austria's Raiffeisen names insider Kamila Makhmudova as CFO
Headlines

Austria's Raiffeisen names insider Kamila Makhmudova as CFO

(Reuters) -Austria's Raiffeisen Bank on Wednesday named company veteran Kamila Makhmudova as chief f...

15th October, 2025

Image for Novo Nordisk begins round of layoffs in United States, sources say
Headlines

Novo Nordisk begins round of layoffs in United States, sources say

By Maggie Fick and Dan Levine LONDON/SAN FRANCISCO (Reuters) -Drugmaker Novo Nordisk has begun a rou...

15th October, 2025

Image for Wood Group CEO to exit following Sidara takeover vote
Finance

Wood Group CEO to exit following Sidara takeover vote

(Reuters) -British oilfield services and engineering firm Wood Group on Wednesday said its chief exe...

15th October, 2025

Image for Inside Novo Nordisk's 'Club 5,000' as Danish staff cuts gain pace
Headlines

Inside Novo Nordisk's 'Club 5,000' as Danish staff cuts gain pace

By Maggie Fick, Soren Jeppesen and Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) -Romel Amineh...

15th October, 2025

Image for Ukraine authorities order mass evacuations from around devastated Kupiansk
Headlines

Ukraine authorities order mass evacuations from around devastated Kupiansk

(Reuters) -Local authorities in Ukraine ordered the evacuation of families from dozens of villages o...

14th October, 2025

Image for Heineken says Amsterdam HQ reorganization to affect about 400 jobs
Headlines

Heineken says Amsterdam HQ reorganization to affect about 400 jobs

AMSTERDAM (Reuters) -Dutch brewer Heineken's Amsterdam headquarters reorganization will affect appro...

14th October, 2025

Image for Cricket-England Ashes preparations 'borderline arrogant', says Botham
Headlines

Cricket-England Ashes preparations 'borderline arrogant', says Botham

(Reuters) -Former England all-rounder Ian Botham has criticised the team's Ashes preparations, sayin...

14th October, 2025

Image for Virgin Atlantic names Koster as new CEO as Weiss to step down
Finance

Virgin Atlantic names Koster as new CEO as Weiss to step down

LONDON (Reuters) -Virgin Atlantic named Corneel Koster as its new chief executive on Monday, promoti...

13th October, 2025