Exclusive: Boeing deepens strategy cuts as operations take center-stage -sources

[ad_1] A Boeing logo is seen on a 777-9 aircraft on display during the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 18, 2023. REUTERS/Benoit Tessier/File…

Citigroup reorganization to be completed in first quarter, CFO says

[ad_1] The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo…

Exclusive: CNOOC, Vitol among those shortlisted for Shell Singapore assets

[ad_1] A general view of Shell’s Pulau Bukom petrochemical complex in Singapore July 15, 2019. REUTERS/Edgar Su/File Photo Acquire Licensing Rights SINGAPORE, Dec 6 (Reuters) – Shell (SHEL.L) has shortlisted…

Continental prepares for asset sales, tightens 2023 targets

[ad_1] The logo of German tyre company Continental, pictured before the company’s annual news conference in Hanover, Germany, March 7, 2019. REUTERS/Fabian Bimmer/File Photo Acquire Licensing Rights BERLIN, Dec 4…

Brenntag reshuffles business amid calls for full break-up

[ad_1] Dec 5 (Reuters) – German chemicals distributor Brenntag (BNRGn.DE) said on Tuesday it will reorganise its business into two independent divisions from 2024 as it faces pressure from activist…

Swiss Life announces CEO change

[ad_1] The logo of insurer Swiss Life is seen at its headquarters in Zurich, Switzerland January 13, 2022. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights ZURICH, Dec 4 (Reuters) – Swiss…

Sweden’s Viaplay to raise cash, restructure debt, shares plunge 82%

[ad_1] Plans to raise $380 mln from share sale at deep discount Will write off SEK 2 bln in debt Restructuring of SEK 14.6 bln debt More than 30% of…

Commerzbank CEO strikes deal with workers for 10,000 job cuts

[ad_1] A Commerzbank logo is pictured before the bank’s annual news conference in Frankfurt, Germany, February 9, 2017. REUTERS/Ralph Orlowski/File Photo Acquire Licensing Rights Paves way for 10,000 job cuts…

Ghana to default on most external debt as economic crisis worsens

[ad_1] Ghana suspends payments on Eurobonds, commercial loans Announcement a week after IMF staff-level agreement Eurobonds sink up to 3 cents in dollar ACCRA, Dec 19 (Reuters) – (This Dec.…

Credit Suisse delays annual report after SEC call, shares drop

[ad_1] SEC questions earlier Credit Suisse financial statements Questions about consolidated cash flow, related controls Credit Suisse says 2022 financial results ‘not impacted’ Analyst describes bank as ‘major construction site’…