World news about “Corporate”, including breaking news and archival articles published by euronews.
Kingfisher’s profit risesKingfisher, Europe’s biggest home improvement chain, has unexpectedly posted a 35 percent rise in first-half profit… 17/09/2009 - tags: Corporate, United Kingdom
Zara group doing better than hopedTighter management of costs and stocks as well as better than expected sales because of good weather during the summer… 16/09/2009 - tags: Textiles, Corporate
Metro’s sales fallGerman retailer Metro’s sales and profits fell during the second-quarter.The world’s fourth largest retailer saw… 03/08/2009 - tags: Food, Germany, Corporate
US proposes tough new rules for financial firms.As Washington announced plans to rein in Wall Street’s excesses, the bad news continued to flood out of the United… 26/03/2009 - tags: USA, Economy, Corporate
Dell and Lenovo restructureComputer maker Dell has announced that it is to shift its European manufacturing base from Ireland to Poland. As… 08/01/2009 - tags: Ireland, Poland, Corporate
Commerzbank part nationalisation hits sharesShares of Commerzbank slumped on news that it is to be partly nationalised. The Berlin government is taking a 25… 08/01/2009 - tag: Corporate
Marks & Spencer to cut jobsAfter unveiled its worst sales figures for almost a decade, Britain’s biggest clothing retailer Marks & Spencer has… 07/01/2009 - tags: Unemployment, Corporate
Sales slump halts Toyota productionToyota is planning to stop production at all of its Japanese plants for eleven days in February and March because of a… 06/01/2009 - tags: Cars, Japan, Corporate
Waterford Wedgwood in administrationThe Irish maker of luxury tableware Waterford Wedgwood called in the receivers on Monday. The loss making company had… 05/01/2009 - tags: Ireland, Corporate
Rolls Royce win big Abu Dhabi contractRolls Royce aero engines have signed a deal with Etihad airways of Abu Dhabi worth 410 million euros. The contract is… 23/12/2008 - tags: Corporate, Abu Dhabi
Munich Re snaps up HSB from AIGGerman reinsurer Munich Re has bought AIG’s HSB group for 531 million euros in cash as the American giant struggles to… 22/12/2008 - tags: Corporate, AIG
EDF to become UK’s biggest electricity supplierThe European Union has given a conditional green light to EDF’s takeover of British Energy, the UK’s nuclear operator… 22/12/2008 - tags: Corporate, EDF
Toyota symptom of wider Japanese malaiseWith Japanese carmaker and world number one Toyota’s announcement it will make the first loss in its 71-year history… 22/12/2008 - tags: Japan, Corporate
Natixis slims downFrench bank Natixis is to lay off 840 people as it scales back its investment banking activities. Natixis plans to halt… 19/12/2008 - tags: Banking, France, Corporate
Polaroid in Chapter 11Polaroid has filed for Chapter 11 bankruptcy protection in order to restructure. Polaroid said the move was because of… 19/12/2008 - tags: Photograph, Corporate
BNP suspends Fortis dealThe future of Fortis has become even more uncertain as BNP Paribas said it is suspending a key part of its deal to… 18/12/2008 - tags: Banking, Belgium, France, Corporate
Court rules for Ryanair over CharleroiIrish low-cost airline Ryanair has won a legal challenge to the European Commission blocking aid it got from Belgium’s… 17/12/2008 - tags: Charleroi, Corporate
Goldman Sachs posts first loss in nine yearsThe financial crisis has finally caught up with Wall Street leader Goldman Sachs. The investment bank had, until… 16/12/2008 - tags: Financial Crisis, Corporate, Wall Street
Electrolux to slash 3,000 jobs as demand fallsHousehold appliance giant Electrolux is to cut more than 3,000 jobs globally amid an abrupt downturn in business… 15/12/2008 - tag: Corporate
Alcatel-Lucent still chasing profitsTrying desperately to become profitable, the telecommunications equipment maker Alcatel-Lucent is to further cut costs… 12/12/2008 - tag: Corporate
More cuts at Bank of AmericaBank of America has announced plans to slash as many as 35,000 jobs over the next three years as it wraps up its… 12/12/2008 - tags: Banking, USA, Corporate, Bank of America
HBOS reveals debt worseningMore bad news from Britain’s Halifax Bank of Scotland. Britain’s biggest mortgage lender says bad debts and other… 12/12/2008 - tags: Banking, Corporate
Boeing has again been forced to push back the schedule for its 787 DreamlinerIt’s the fourth major delay for the revolutionary, carbon-composite aircraft. It’s now about two years behind the… 11/12/2008 - tags: Boeing, USA, Corporate
Rio Tinto cutting costsInternational mining company Rio Tinto has announced it is going to lay off 14,000 people, cut its capital spending by… 10/12/2008 - tags: Mining, Corporate
Sony cutbacks underscore Japan’s economic plightDeep cuts announced by Sony are the latest indication that the Japanese economy is in serious trouble. The… 09/12/2008 - tag: Corporate
Lufthansa soars to new heightsGerman flag-carrier Lufthansa is set to become Europe’s biggest airline after signing a deal to buy the loss-making… 05/12/2008 - tags: Airlines, Corporate
End of the line for 12,000 employees at AT&TThe American telecom giant AT&T is to lay off 12,000 employees, equivalent to four percent of its workforce, to cut… 04/12/2008 - tags: USA, Corporate
Credit Suisse to cut 5,300 jobsSwiss banking’s number two, Credit Suisse, has announced it is to cut 5,300 jobs. That means around 11 percent of the… 04/12/2008 - tags: Switzerland, Corporate
Telecom Italia sheds thousands of jobsDebt-riddled Telecom Italia, Europe’s fifth-largest telecoms provider, is to slash 4,000 jobs on top of the 5,000… 03/12/2008 - tags: Europe, Italy, Corporate
German technology giant hit hard by motor trade fall offGerman chipmaker Infineon is warning of a significant drop in revenue as orders from the automotive industry dry up due… 03/12/2008 - tags: Technology, Financial Crisis, Corporate
Ryanair puts in bid for Aer LingusEurope’s largest low-cost airline Ryanair has launched a 750 million euro bid to buy rival carrier Aer Lingus. The new… 01/12/2008 - tags: Airlines, Corporate, Aer Lingus
Sacyr sells to CitigroupSpanish constructor Sacyr Vallehermoso has sold off its Itiniere motorway business to Citigroup for 7.9 billion euros… 01/12/2008 - tag: Corporate
UK govt gets 60% of RBS as share offer bombsThe British government has had to take a 60 per cent stake in the Royal Bank of Scotland, after investors turned their… 28/11/2008 - tag: Corporate
Arcelor-Mittal steels itself against financial crisisThe biggest steelmaker in the world is preparing to cut 9,000 jobs. Arcelor-Mittal plans to offer voluntary redundancy… 27/11/2008 - tag: Corporate
The bitter wind of recession batters UK High StreetsThe downturn in Britain is showing its teeth on the country’s High Streets. One of the country’s oldest and best-loved… 27/11/2008 - tag: Corporate
Porsche puts brakes on VW plansThe German sports car maker Porsche is playing down the possibility that it will take majority control of Volkswagen… 26/11/2008 - tag: Corporate
Lufthansa announces foray into Italian marketThe German airline Lufthansa has announced it is putting a toe into Italy’s market, by launching its own Italian… 26/11/2008 - tag: Corporate
Building downturn hits Sweden’s SkanskaThe slump in the European housing market has headed north, and spread to commercial and civil building in Scandinavia… 25/11/2008 - tag: Corporate
BHP backs off hostile takeoverThe global mining giant BHP Billiton has turned its back on its 50-billion euro hostile takeover of Rio Tinto. … 25/11/2008 - tags: Mining, Corporate
Jaguar pounces on UK govt for help – reportThe luxury car-maker Jaguar Land Rover is reported to be asking the British government for help to secure a 1.2-billion… 24/11/2008 - tags: Cars, Financial Crisis, Corporate
Ford sells Mazda stake to raise cashCash strapped US car maker Ford is selling a big part of stake in Japan’s Mazda. Ford will cut its holding from 34… 18/11/2008 - tags: Cars, USA, Economy, Corporate
Royal Bank of Scotland axes 3,000 jobsThe wave of expected job losses has hit the troubled banking trade as the Royal Bank of Scotland axes 3,000 jobs. The… 14/11/2008 - tag: Corporate
BT cuts jobs and addresses pension problemsBT says it is going to cut 10,000 jobs – six percent of its world wide workforce. That announcement came as the British… 13/11/2008 - tag: Corporate
GM’s liquidity concerns push shares to 65-year lowGeneral Motors says it is in such a bad state that it will need US government help soon. GM’s chief executive Rick… 11/11/2008 - tag: Corporate
Vodafone’s results better than expectedVodafone was one of the few major European companies to see its shares rise on Tuesday after reporting first half… 11/11/2008 - tag: Corporate
Deutsche Post cutting 16,000 DHL jobsDeutsche Post is to layoff 9,500 more people at its loss-making DHL division in the United States. Europe’s biggest… 10/11/2008 - tag: Corporate
Santander in shock capital moveSpain’s biggest bank, Santander, surprised the markets by saying it is to sell 7.2 billion euros worth of new shares to… 10/11/2008 - tag: Corporate
BA boosted by profit forecastBritish Airways shares rose 11.9 percent after it said it is sticking to its forecast for a small operating profit this… 07/11/2008 - tag: Corporate
Panasonic and Sanyo to mergePanasonic is to buy its smaller rival Sanyo to create Japan’s biggest electronics maker. The estimated price is 6.9… 07/11/2008 - tag: Corporate
German engineering workers strike over payThousands of German engineering union members have been on strike, in an increasingly bitter pay dispute. The short… 03/11/2008 - tag: Corporate
SocGen’s quarterly profit dropsFrench bank Societe Generale has reported an almost 84 percent drop in third-quarter net profit, but said it is strong… 03/11/2008 - tag: Corporate
Alitalia buyers to pull out source saysAlitalia’s future is up in air again as the only potential investor is reportedly refusing to make a formal bid for the… 31/10/2008 - tag: Corporate
Barclays boosts balance sheetBarclays is turning to Mideast investors to repair its balance sheet, so that it does not have to take money from the… 31/10/2008 - tag: Corporate
VW stock drops on Porsche moveA rollercoaster ride for Volkswagen’s shares is over. Having rocketed this week, the stock dived after VW’s biggest… 29/10/2008 - tag: Corporate
Boeing strike heading for settlementPlane maker Boeing and its biggest union have agreed a tentative deal to end a strike at its plants. The machinists‘… 28/10/2008 - tag: Corporate
Whirlpool cutting jobsWhirlpool is to lay off 5,000 people – seven percent of its work force. At the same time it made that announcement, the… 28/10/2008 - tag: Corporate
Danone stands firm on sales targetsFrance’s biggest food producer Danone does not seem to be too worried by the economic slowdown, saying it will stick to… 22/10/2008 - tag: Corporate
Nissan reportedly wants part of ChryslerNissan is proposing buying around 20 percent of Chrysler, according to a report in a Detroit newspaper. That would… 22/10/2008 - tag: Corporate
Swiss banks raise emergency fundsSwitzerland’s top two banks have taken emergency measures to shore up their finances. Credit Suisse is raising new… 16/10/2008 - tag: Corporate
Merrill and Citi again hit by writedownsThe toxic shock from the US subprime mortgage meltdown continues to ripple through the financial world. US investment… 16/10/2008 - tag: Corporate
Ongoing Boeing strike threatens 787 first flightA top Boeing executive has said that the first flight of its crucial 787 Dreamliner could be pushed back. That comes… 14/10/2008 - tag: Corporate
Pepsi cutting workers as demand fallPepsi is laying off 3,300 workers, almost two per cent of its work force worldwide. That as the soft drinks and… 14/10/2008 - tag: Corporate
Volvo announces more job lossesVolvo, the Sweden-based car maker owned by Ford, is to lay off 3,300 people in addition to cuts it announced earlier… 08/10/2008 - tag: Corporate
Opel and other carmakers cut productionA number of car makers are cutting production in Europe in response to falling sales. General Motors has shut its Opel… 07/10/2008 - tag: Corporate
UniCredit down after capital callShares in Italy’s UniCredit dropped 5.5% on Monday after the bank made a abrupt U-turn at the weekend and said it would… 06/10/2008 - tag: Corporate
UBS to make ‘small profit’A rare piece of good news from the banking world. Switzerland’s UBS has told its shareholders it expects to make “a… 02/10/2008 - tag: Corporate
Fortis asset sell off blockedThe Dutch central bank has said it is not going to let the Belgian-Dutch lender Fortis sell 709 million euros worth of… 01/10/2008 - tag: Corporate
Alitalia’s last unions back bailoutItaly’s national airline Alitalia has avoided collapse by winning grudging support for an investor bailout from its… 29/09/2008 - tag: Corporate
Fortis denies liquidity crisisFortis has been strongly denying it has liquidity problems. Worried investors have been dumping the Belgian-Dutch… 26/09/2008 - tag: Corporate
HSBC job cutsEurope’s largest bank HSBC is cutting 1,100 people from its investment banking operation worldwide and 800 of the… 26/09/2008 - tag: Corporate
Alitalia bailout resurrectedThere has been a breakthrough in the last-ditch efforts by the Italian government to try to save Alitalia from… 25/09/2008 - tag: Corporate
Hewlett-Packard’s European layoffs revealedMore details have emerged of US technology giant Hewlett-Packard’s plans to lay off 24,600 people over the next three… 25/09/2008 - tag: Corporate
Anger over further Renault job cutsRenault workers have been holding stoppages and demonstrations after the carmaker announced final details of 2,000 more… 25/09/2008 - tag: Corporate
Easy does it on financial marketsFinancial markets showed some signs of stabilising on Wednesday, after Goldman Sachs Group Inc won three billion euros… 24/09/2008 - tag: Corporate
EDF deal to buy British EnergyFrench utility EDF has launched a nine-billion-euro offer for British Energy, adjusting its bid to control Britain’s… 24/09/2008 - tag: Corporate
Merkel to continue defence of “Volkswagen Law”Germany’s government wants to keep the so-called “Volkswagen Law,” allowing the state of Lower Saxony a blocking… 23/09/2008 - tag: Corporate
Google ready for foray into mobile phonesGoogle is set to take on the mobile phone market as it prepares to launch its first handset, powered by its Android… 23/09/2008 - tag: Corporate
Alitalia closer to the endAlitalia could be grounded within days. Italy’s aviation authority, ENAC, has said it will take away its operating… 22/09/2008 - tag: Corporate
End of an era in investment bankingGoldman Sachs and Morgan Stanley, the two big survivors of Wall Street’s recent turmoil, have given up their status as… 22/09/2008 - tag: Corporate
