Companies

Van Hool Announces Major Restructuring, Cutting 1,100 Jobs
March 20, 2024
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Van Hool Announces Major Restructuring, Cutting 1,100 Jobs

Belgian bus manufacturer Van Hool has announced a major restructuring plan involving 1,100 job losses and a production shift to Macedonia.

Unilever to Spin Off Ice Cream Unit, Cut 7,500 Jobs in Major Restructuring
March 19, 2024
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Unilever to Spin Off Ice Cream Unit, Cut 7,500 Jobs in Major Restructuring

Unilever announces a major restructuring plan including the spinoff of its ice cream business and 7,500 job cuts to streamline operations and boost growth.

Airbus Scraps Deal to Acquire Atos Cybersecurity Unit
March 19, 2024
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Airbus Scraps Deal to Acquire Atos Cybersecurity Unit

Airbus' decision to abandon its acquisition of Atos' cybersecurity unit sends Atos shares into a freefall, highlighting the troubled tech company's mounting challenges

Ted Baker's European Arm Faces Collapse, 1,000 Jobs at Risk
March 19, 2024
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Ted Baker's European Arm Faces Collapse, 1,000 Jobs at Risk

Ted Baker's European retail and online operations face collapse, putting nearly 1,000 jobs at risk due to ongoing financial challenges

Pfizer to Sell €2.96 Billion in Haleon Shares
March 18, 2024
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Pfizer to Sell €2.96 Billion in Haleon Shares

Pfizer plans to sell a major portion of its stake in consumer health company Haleon (approximately €2.96 billion worth of shares), reducing its ownership from 32% to 24%.

Cellnex Telecom Shifts from Expansion to Efficiency
March 18, 2024
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Cellnex Telecom Shifts from Expansion to Efficiency

Cellnex Telecom, Europe's leading wireless infrastructure operator, shifts its strategic focus from aggressive expansion to debt reduction, asset sales, and a greater emphasis on shareholder returns.

Eni's 2024-2027 Strategic Plan: A Breakdown
March 17, 2024
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3
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Eni's 2024-2027 Strategic Plan: A Breakdown

Italian energy giant outlines plan for reduced spending and increased shareholder returns, while accelerating sustainability initiatives

Vonovia Suffers Billions in Losses as Real Estate Market Shifts
March 16, 2024
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Vonovia Suffers Billions in Losses as Real Estate Market Shifts

Europe's largest housing group, Vonovia, reports a massive €6.8 billion loss due to declining real estate values, despite strong demand for apartments

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