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…
AWS layoffs hit hundreds as Amazon restructures amid AI push
Amazon Web Services (AWS), the cloud computing wing of Amazon, laid off several hundred employees on Thursday as part of…
Japan’s June core inflation cools to 3.3%, still well above Bank of Japan’s target
Japan’s key measure of consumer prices cooled slightly more than expected in June, but remained well above the Bank of…
Israel’s stock market hits record high despite Israel-Hamas war, political crisis
Israel’s stock market has defied the odds to become the strongest performer in the Middle East over the past 22…
Saab shares climb over 12% as defense firm lifts 2025 sales forecast after strong Q2
Swedish defense group Saab reported stronger-than-expected second-quarter earnings and raised its 2025 sales guidance, as rising global defense budgets continue…
China threatens to block $22.8B port sale without Cosco stake
China is reportedly threatening to obstruct the sale of over 40 ports, currently owned by Hong Kong-based CK Hutchison, to…
EU Inc: can Europe finally build its own Silicon Valley?
Europe is full of smart founders, strong universities, and brilliant engineers. But most of its startups stay small or move…
Donald Trump set to open the US retirement market to crypto investments
Donald Trump’s administration is preparing to sign an executive order that could radically transform the US retirement landscape by opening…
Burberry’s soft sales drop sparks sharp stock rise, analysts cheer signs of revival
Burberry reported a smaller-than-anticipated decline in comparable retail sales for its fiscal first quarter, offering investors an early glimpse of…
Supreme Court backs 1,400 layoffs at US Education Department
The US Supreme Court has allowed the Trump administration to proceed with sweeping staff cuts at the Department of Education,…