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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

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,…
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

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…
Investing

Why Lithium prices may finally stabilise in 2025 after a two-year downtrend

Shuttered mines and rising sales of electric vehicles in China are expected to keep lithium prices stable in 2025, according to a…
Investing

CVS Health stock price rises after Walgreens earnings: is it a buy?

The CVS Health stock price rebounded to $48 on Monday, up 10% from its lowest in December. This rebound continued after the…
Investing

Mazda’s first EV platform slated for 2027 as automaker eyes premium market

Mazda is transitioning toward electrification, marking a shift from its history as a producer of efficient and affordable petrol-powered vehicles. The Hiroshima-based…
Investing

US probe reveals China’s unfair methods to dominate global shipbuilding, potential penalties loom: report

China’s growing presence in the global shipbuilding industry has been a focus of a recent trade investigation by the US Trade Representative…
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