management

Image for Commerzbank names new CFO amid UniCredit approach
Banking

Commerzbank names new CFO amid UniCredit approach

FRANKFURT (Reuters) – Commerzbank on Thursday named Carsten Schmitt as its new chief financial offic...

21st November, 2024

Image for Northvolt appoints restructuring expert to oversee main battery plant
Uncategorized

Northvolt appoints restructuring expert to oversee main battery plant

COPENHAGEN (Reuters) – Northvolt has appointed restructuring expert Paul O’Donnell to oversee the li...

20th November, 2024

Image for VW plans for factory closures cross several red lines, works council chief says
Business

VW plans for factory closures cross several red lines, works council chief says

WOLFSBURG/BERLIN (Reuters) – Volkswagen is planning to shut factories in every scenario presented to...

20th November, 2024

Image for Polish fashion retailer LPP appoints Marcin Bojko as deputy CEO
Business

Polish fashion retailer LPP appoints Marcin Bojko as deputy CEO

(Reuters) – Poland’s largest fashion retailer LPP said on Friday it has appointed Marcin Bojko as it...

16th November, 2024

Image for Factbox-Seven & i’s reported offer and the biggest management buyouts to date
Business

Factbox-Seven & i’s reported offer and the biggest management buyouts to date

By Kane Wu HONG KONG (Reuters) – Japan’s Seven & i Holdings said on Wednesday it has received a buyo...

13th November, 2024

Image for Endeavor to sell OpenBet, IMG Arena for about $450 million to management-led group
Finance

Endeavor to sell OpenBet, IMG Arena for about $450 million to management-led group

(Reuters) – Endeavor Group will sell its OpenBet and IMG Arena businesses to management-led group OB...

12th November, 2024

Image for Schroders’ new CEO shakes up top team after bruising year
Business

Schroders’ new CEO shakes up top team after bruising year

LONDON (Reuters) – New Schroders CEO Richard Oldfield has more than halved the size of the asset man...

11th November, 2024

Image for Oaktree Capital urges UK’s Indivior to refresh board
Finance

Oaktree Capital urges UK’s Indivior to refresh board

(Reuters) –Investment fund Oaktree Capital Management has urged British drugmaker Indivior to cooper...

9th November, 2024

Image for Nissan to axe 9,000 jobs, cut production on weak China, US sales
Business

Nissan to axe 9,000 jobs, cut production on weak China, US sales

By Daniel Leussink TOKYO (Reuters) -Nissan Motor will cut 9,000 jobs and 20% of its global manufactu...

7th November, 2024

Image for Iveco to accelerate cost cutting plans as Q3 operating profit drops 13%
Business

Iveco to accelerate cost cutting plans as Q3 operating profit drops 13%

By Giulio Piovaccari MILAN (Reuters) -Iveco Group said on Thursday it would accelerate plans to cut...

7th November, 2024

Image for Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units
Business

Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units

(Reuters) – Safran has appointed Stephane Cueille as CEO of its Aircraft Engines unit, replacing Jea...

7th November, 2024

Image for NEW LEADERSHIP TEAM DRIVES MAJOR YEAR-ON-YEAR GROWTH AT INFINOX CAPITAL LIMITED
Business

NEW LEADERSHIP TEAM DRIVES MAJOR YEAR-ON-YEAR GROWTH AT INFINOX CAPITAL LIMITED

Companies House filings show a 117% increase in pre-tax profits and 70% reduction in administration...

6th November, 2024