management

Image for Prada's Bertelli 'very cautious' about possible acquisitions, he tells newspaper
Headlines

Prada's Bertelli 'very cautious' about possible acquisitions, he tells newspaper

MILAN (Reuters) - Luxury fashion group Prada's leading shareholder Patrizio Bertelli said on Wednesd...

5th March, 2025

Image for Disney to cut nearly 6% staff across two units, source says
Finance

Disney to cut nearly 6% staff across two units, source says

(Reuters) -Disney is planning to cut about 200 positions or 6% of staff at ABC News Group and the Di...

5th March, 2025

Image for Campari warns of tariffs impact, sees 2025 as "transition year"
Finance

Campari warns of tariffs impact, sees 2025 as "transition year"

MILAN (Reuters) - Italian spirits group Campari warned on Tuesday of the potential hit from U.S. tar...

4th March, 2025

Image for Vespa maker Piaggio posts record margin despite 'anomalous' economy
Finance

Vespa maker Piaggio posts record margin despite 'anomalous' economy

(Reuters) - Italy's Piaggio, the maker of the iconic Vespa scooter, reported what it said was its hi...

4th March, 2025

Image for HSBC kicks off search for new UK CEO
Finance

HSBC kicks off search for new UK CEO

LONDON (Reuters) -HSBC has kicked off a process to find a new CEO for its UK business after appointi...

4th March, 2025

Image for Mercedes-Benz to cut headcount, lower pay increases amid cost-cutting drive
Finance

Mercedes-Benz to cut headcount, lower pay increases amid cost-cutting drive

FRANKFURT (Reuters) - Mercedes-Benz has won agreement from its works council to offer buy-outs to st...

4th March, 2025

Image for UK's Smiths News says CFO Baker to step down
Finance

UK's Smiths News says CFO Baker to step down

(Reuters) -Newspapers and magazines distributor Smiths News said on Tuesday its CFO Paul Baker inten...

4th March, 2025

Image for Exclusive-Activist investor Engaged launches proxy fight at restaurant chain Portillo's
Finance

Exclusive-Activist investor Engaged launches proxy fight at restaurant chain Portillo's

By Svea Herbst-Bayliss NEW YORK (Reuters) - Activist investor Engaged Capital is ready to run a boar...

3rd March, 2025

Image for Allegro drawing takeover interest from ON Semiconductor, Bloomberg News reports
Finance

Allegro drawing takeover interest from ON Semiconductor, Bloomberg News reports

(Reuters) -Sensor integrated circuits provider Allegro Microsystems is drawing takeover interest fro...

2nd March, 2025

Image for Russian operator of Syria's Tartous port dismisses reports it has lost its contract
Finance

Russian operator of Syria's Tartous port dismisses reports it has lost its contract

By Gleb Stolyarov (Reuters) - STG Engineering, a Russian company that operates Syria's Tartous comme...

28th February, 2025

Image for Belgium's Proximus to consider internal, external candidates for new CEO
Finance

Belgium's Proximus to consider internal, external candidates for new CEO

(Reuters) - Belgium's Proximus will consider internal and external candidates for its next CEO after...

28th February, 2025

Image for Abrdn hires finance chief from NatWest's Coutts
Finance

Abrdn hires finance chief from NatWest's Coutts

LONDON (Reuters) - British fund manager abrdn said on Friday it would appoint Siobhan Boylan, an exe...

28th February, 2025