Latest in Global Restructuring
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FuelCell Energy to cut 17% of its staff as part of a global restructuring plan
FuelCell Energy to cut its workforce by 17% as part of a cost-cutting plan, amid slower-than-expected investments in clean energy.Business - MarketWatch - 6 hours ago -
What Germany’s new naval base means for Baltic security
Also in this newsletter: the UK joins the EU in committing to the G7 loan to UkraineWorld - Financial Times - October 22 -
HSBC Announces Restructuring and Names First Female C.F.O.
The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.Business - The New York Times - October 22 -
Pressure mounts on VW to finally confront the reality of restructuring
The carmaker must overcome internal resistance to changes necessary to boost competitivenessBusiness - Financial Times - October 23 -
Atos Debt Grows as Restructuring Effort Continues
Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.Business - The Wall Street Journal - October 24 -
Aces restructuring front office, cut ties with GM
The Aces will not renew the contract of general manager Natalie Williams as part of a restructuring of their front office, the team announced.Sports - ESPN - October 26 -
Intel takes $18.7bn in restructuring and impairment charges
Smaller than expected sales decline boosts shares as chipmaker tries to recover from misjudging demandBusiness - Financial Times - October 31 -
Surviving a shake-up: is restructuring ever good for staff?
As companies from Amazon to Citi overhaul management, experts warn of consequences beyond job cutsBusiness - Financial Times - 4 days ago -
Nestlé ‘not broken’ says new chief as he announces restructuring
World’s largest food group cuts outlook to more ‘realistic’ sales target amid weak consumer demandBusiness - Financial Times - October 17 -
Intrum seeks U.S. bankruptcy protection to restructure $4.7 billion net debt
Intrum, Europe's biggest debt collector, said on Friday it will file for voluntary Chapter 11 bankruptcy protection in the United States as it seeks to restructure its own finances. The company ...Sports - Yahoo Sports - October 18 -
HSBC embarks on major restructuring, names first female CFO
HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender's first female finance chief.Business - CNBC - October 22 -
Intel books big charges for restructuring, but here’s why its stock is surging
The company says business trends are improving despite ‘noisy’ earnings.Business - MarketWatch - November 1 -
Labour hedge fund donor’s profits drop 76% after restructure
Quadrature made largest single donation to party after UK election called in MayBusiness - Financial Times - November 5 -
The problem with the term ‘global majority’
Endless searching for a label to describe ethnic minority groups is ultimately futileWorld - Financial Times - October 29 -
Bondholders could make $14bn from emerging market restructurings, says Debt Justice
Campaign group says debt resolution in countries from Ghana to Ukraine means potential big profits for investorsWorld - Financial Times - October 18 -
Motion picture academy lays off staff at archive and library amid broader restructuring
The Academy of Motion Picture Arts and Sciences is restructuring its archive and library, cutting 16 staff members as part of a strategic effort to consolidate preservation efforts.Entertainment - Los Angeles Times - October 31 -
Trump nominates Elon Musk and Vivek Ramaswamy to lead new efficiency department to ‘restructure federal agencies’ – live
Tesla CEO and onetime Republican presidential hopeful put forward to lead department to ‘dismantle government bureaucracy’ . Trump’s cabinet picks and likely contenders so far Joe Biden is ...World - The Guardian - 2 days ago -
Taxpayers set to lose out under Gupta’s UK steel unit restructuring plans
Claims by HMRC would be reduced 80% in restructuring of its Speciality Steel UK businessBusiness - Financial Times - 18 hours ago -
It’s localization, not globalization, for the health of the US economy
The U.S. is undergoing a transformative shift away from globalization and toward localization, with initiatives such as the Inflation Reduction Act and the CHIPS and Science Act prioritizing ...Politics - The Hill - October 17 -
Volvo Global Sales Boosted by EVs
The carmaker’s global sales rose 3% in October, with solid performance of its electrified range in Europe, but sales in the U.S. and China declined.Business - The Wall Street Journal - November 4 -
From cars to planes: global manufacturers brace for Trump’s tariffs
Executives across multiple industries expect supply chain upheavalBusiness - Financial Times - November 8 -
AI, Aging and Shifts Globalization Will Shock the American Economy
The combination of an aging work force, artificial intelligence and shifts in globalization will challenge America in ways not seen in decades.Top stories - The New York Times - October 17 -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of Oct. 21Entertainment - ABC News - October 18 -
Fragile confidence hinders global economic recovery
Political and economic uncertainties drag on business and household mood, Brookings-FT Tiger index showsBusiness - Financial Times - October 20 -
The global economy has proved surprisingly resilient
But significant downside risks will continue to pose a challenge for policymakersBusiness - Financial Times - October 22 -
TechScape: Elon Musk’s global political goals
Plus: World of Warcraft, polling and cats. • Don’t get TechScape delivered to your inbox? Sign up here . Hello, and welcome to TechScape. I’m Blake Montgomery, technology news editor at the ...World - The Guardian - October 22 -
IMF warns world to avoid global trade war
Economic fears have been rising over Donald Trump's mega-tariff plan and rising US debts.Top stories - BBC News - October 24 -
Is the UN warning of 3.1C global warming a surprise?
Another dire temperature prediction but it has to be seen in context.Top stories - BBC News - October 24 -
Treasuries sell-off reverberates through global markets
Volatility returns ahead of US election as government debt is hit by stronger economic dataBusiness - Financial Times - October 25 -
Lebanon placed on global money-laundering ‘grey list’
Financial Action Task Force decision comes after political inaction and could complicate remittance paymentsBusiness - Financial Times - October 25 -
Atlas of Finance — a visual aid to the global money maze
An eclectic and ambitious series of maps, graphs and diagrams helps disclose the locations of hidden richesBusiness - Financial Times - October 25 -
Cornish miner hoping to capitalise on global race for lithium
Analysts expect supply deficit to develop as countries race to meet climate targetsWorld - Financial Times - October 27 -
Policymakers warn protectionism threatens global economic recovery
Officials fear rules-based order is under threat as race for US presidency enters final daysBusiness - Financial Times - October 27 -
How the west should re-engage with the global south
The erosion of the post-1945 world order requires the UK and its allies to define new forms of multilateralismWorld - Financial Times - October 31 -
BNP profits rise driven by global markets business
Eurozone’s biggest bank posts gains for third quarter across equities and fixed-income tradingBusiness - Financial Times - October 31 -
How Hermès is bucking the global luxury slowdown
Paris-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.Business - CNBC - October 31 -
Friday Briefing: The Global Stakes of the U.S. Election
Plus, Japan's passion for the World Series.World - The New York Times - October 31 -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of Nov. 4Entertainment - ABC News - November 1 -
Biden to skip global climate summit again
{beacon} Energy & Environment Energy & Environment The Big Story Biden won't attend this year's climate summit President Biden won't attend this year's COP29 climate summit, according to a White ...Politics - The Hill - November 1