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Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Economy

Markets may be repeating the mistake of 2019, Goldman Sachs warns

Investing.com — Markets may be ignoring an important lesson of 2019, according to Goldman Sachs. The Wall Street bank said in a…
Economy

European tech shares tumble as China’s AI push spooks investors

(Reuters) – European shares slid on Monday as the technology sector joined the retreat in other markets after China’s upgraded low-cost, low-power…
Economy

How Italy’s MPS went from near collapse to bid for revered merchant bank

By Valentina Za, Gianluca Semeraro and Mathieu Rosemain MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since…
Stock

China Vanke’s CEO, chairman resign amid growing liquidity worries

(Reuters) – Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns…
Stock

UMG shares rally after new multi-year pact with Spotify

Investing.com — Universal Music Group (AS:UMG) and Spotify (NYSE:SPOT) have announced a new multi-year deal for recorded music and publishing, the companies…
Stock

British Land stock drops following stake sale

Investing.com — Shares of British Land (LSE:LON:BLND) fell 1.5% after the company announced the sale of a 50% stake in Broadgate REIT,…
Stock

Fuji Media, rocked by sexual misconduct allegations, says executives to resign

By Rocky Swift TOKYO (Reuters) -Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step…
Stock

Italy’s MPS shares fall ahead of Mediobanca board meeting on bid

By Giulia Segreti and Valentina Za ROME/MILAN (Reuters) – Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday’s losses,…
Investing

Is it safe to buy these high-yielding S&P 500 stocks?

The S&P 500 index has been one of the best-performers of all time. Launched in 1950s when it was trading at $45.4,…
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