management

Image for Campari plans restructuring to ensure financial health
Finance

Campari plans restructuring to ensure financial health

MILAN (Reuters) - Italian spirits group Davide Campari said on Thursday it needed to take some "toug...

20th February, 2025

Image for Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings
Finance

Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings

(Reuters) - German luxury automaker Mercedes-Benz's passenger car division on Thursday reported a 40...

20th February, 2025

Image for Bumble shares slide after weak forecast signals slow dating app turnaround
Finance

Bumble shares slide after weak forecast signals slow dating app turnaround

(Reuters) - Bumble's shares fell 16% on Wednesday after the dating app operator forecast first-quart...

19th February, 2025

Image for U.S. investors to lead activist charge in Europe in 2025, study says
Finance

U.S. investors to lead activist charge in Europe in 2025, study says

By John Revill ZURICH (Reuters) - Activist investors are expected to step up their campaigns across...

19th February, 2025

Image for HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns
Finance

HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns

By Selena Li and Sumeet Chatterjee HONG KONG (Reuters) -HSBC posted annual profit on Wednesday that...

19th February, 2025

Image for Merck KGaA to replace two executives with company veterans
Headlines

Merck KGaA to replace two executives with company veterans

FRANKFURT (Reuters) - Germany's Merck KGaA said on Tuesday its lab equipment division and its pharma...

18th February, 2025

Image for Commerzbank signs 15-year contract for new high-rise Frankfurt office
Finance

Commerzbank signs 15-year contract for new high-rise Frankfurt office

FRANKFURT (Reuters) - Commerzbank, which last week announced job cuts in Germany as it fends off a t...

18th February, 2025

Image for Britain's Airport Coordination beats Qantas-Virgin JV to manage slots in Sydney
Finance

Britain's Airport Coordination beats Qantas-Virgin JV to manage slots in Sydney

By Nikita Maria Jino (Reuters) - Britain's Airport Coordination Limited (ACL) won a government-led t...

18th February, 2025

Image for Nokia picks Intel's AI and data centre leader Hotard as new CEO
Finance

Nokia picks Intel's AI and data centre leader Hotard as new CEO

COPENHAGEN (Reuters) - Finland's Nokia on Monday said Pekka Lundmark would step down as CEO, and tha...

10th February, 2025

Image for Britain's M&S says clothing boss Richard Price to leave business
Finance

Britain's M&S says clothing boss Richard Price to leave business

LONDON (Reuters) - British retailer Marks & Spencer said on Thursday that Richard Price, the boss of...

6th February, 2025

Image for Italy's Ferragamo parts ways with former Burberry chief Gobbetti
Finance

Italy's Ferragamo parts ways with former Burberry chief Gobbetti

MILAN (Reuters) -Italian luxury goods group Salvatore Ferragamo said CEO Marco Gobbetti would step d...

3rd February, 2025

Image for Russian court hands UAE-owned warehouse assets over to Russian state, company says
Headlines

Russian court hands UAE-owned warehouse assets over to Russian state, company says

(Reuters) - All 16 warehouses of Russia's largest warehouse owner have been handed over to the Russi...

3rd February, 2025