UK fintech giant Revolut is set to acquire BNP Paribas’ consumer finance arm, Cetelem, in Argentina, Bloomberg reports. This bold move marks an exciting leap for Revolut as it dives into Latin America’s fast-growing digital finance market
Browsing: corporate news
Amer Sports is thrilled to welcome Jeffery Ma as the new President of Greater China. In this key leadership position, Ma will drive regional operations and champion ambitious growth strategies, propelling Amer Sports to new heights across the vibrant and fast-evolving Greater China market
In a significant shift, Walmart is set to part ways with around 1,500 corporate employees as it embarks on a major restructuring initiative. This decision comes in response to the persistent challenges facing the retail industry, as the retail giant seeks to optimize its operations and boost overall efficiency.
Loacker USA is thrilled to announce the appointment of a dynamic new head of sales for the western region! This exciting development is set to propel the company’s market presence in the bustling snack industry. With this strategic initiative, Loacker aims not only to boost its growth but also to elevate customer engagement like never before.
Adevinta is reportedly considering the sale of its Spain-based assets, a bold strategic move that could significantly transform its footprint in the European market. This decision emerges as the company actively assesses its portfolio, aiming to boost operational efficiency and drive future growth.
Canada’s beloved Hudson Bay brand is set to embark on an exciting new chapter following its sale to a competitor, guaranteeing that this cherished retailer will continue to thrive in the Canadian market. This strategic move is designed to breathe new life into the brand while adapting to the evolving tastes and preferences of consumers.
In an exciting development, Newlat Food has revealed plans to acquire a state-of-the-art production facility in northern Italy from the renowned British beverage giant Diageo. This bold move highlights Newlat’s dedication to broadening its presence in the food industry as it capitalizes on market growth opportunities.
Don’t miss your chance to weigh in! Spain’s public consultation on the exciting proposed merger between BBVA and Sabadell is open until May 16. This is your opportunity to share your thoughts on a deal that promises to boost competitiveness in the nation’s banking landscape.
Mondi has proudly launched operations at its cutting-edge recycled containerboard mill in Italy, heralding a major leap forward in sustainable packaging. This innovative facility is set to revolutionize the circular economy by harnessing recycled materials, reinforcing Mondi’s unwavering dedication to eco-friendly practices.
STMicroelectronics has unveiled a significant restructuring initiative, which will see the company reduce its workforce by 1,000 positions in France. This strategic move reflects the company’s proactive approach to adapting to evolving market demands. Meanwhile, talks about potential job cuts in Italy are still underway, underscoring the challenges faced by the industry.
In a surprising turn of events, Zoho has put the brakes on its bold $700 million chipmaking venture in India. This move represents a major hurdle for the country’s ambitions to enhance semiconductor production. As a result, questions loom over the future of India’s tech manufacturing dreams.
India’s Reliance Industries experienced a remarkable surge in its share prices, fueled by impressive performances in both its telecom and retail sectors that have ignited investor enthusiasm. Analysts highlighted that the company’s dynamic growth strategies are playing a pivotal role in shaping an optimistic outlook for the market.
Citi has made the surprising decision to shut down its office on the stunning Spanish coast, a location that was launched just three years ago with the aim of boosting employee work-life balance. This unexpected move sparks a conversation about the true effectiveness of remote work strategies as companies continue to navigate evolving corporate policies.
Italy has officially stated that the proposed merger terms between UniCredit and BPM are designed to exclude any support for Russia. The government is committed to ensuring that this financial integration adheres strictly to sanctions and international standards, especially in light of the current geopolitical tensions
JVCKENWOOD USA Corporation has unveiled cutting-edge integrated digital wireless solutions tailored for professional user markets, particularly focusing on fire and emergency services. This innovative offering significantly boosts communication efficiency and safety, empowering first responders to perform at their best in critical situations.
Exciting news from Pacific Bay Minerals! The company has officially announced the resumption of trading for its highly anticipated Brazil Gold Property, following a significant update. Investors are on the edge of their seats, eagerly awaiting more details as Pacific Bay advances its exploration and development initiatives in this promising region.
Apple is poised to increase its iPhone production in India, as reported by the Wall Street Journal. This strategic move aims to mitigate potential tariffs and bolster the company’s supply chain resilience amid global trade tensions.
A tragic helicopter crash claimed the lives of several prominent individuals, including a tech CEO from Spain. The incident, reported by FOX 5 New York, underscores the increasing perils of air travel for business leaders and the tech community.
China’s Luxshare Precision Industry is reportedly considering a potential listing on the Hong Kong Stock Exchange this year, according to sources. This move could enhance its funding capabilities amid the growing demand for electronic components globally.
Argentina has temporarily halted Telecom’s acquisition of Telefonica’s local unit, citing regulatory concerns. The decision aims to ensure fair competition in the telecom sector amid ongoing scrutiny of large mergers in the industry.