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…
Dow futures took a sharp plunge on Wednesday: 5 things to know before Wall Street opens
Dow futures tanked 230 points on Wednesday as the government entered its first shutdown in nearly seven years, stirring market…
From GE to Kraft Heinz to Corteva: why more US giants are choosing spin-offs
US conglomerates are increasingly breaking up into focused, independent companies as spin-offs gain traction as a strategy to unlock shareholder…
Commodity wrap: gold surges to new highs as oil extends losses and copper rises
There is no stopping gold’s rally as prices on COMEX breached the $3,900-per-ounce mark on Wednesday. Increasing safe-haven demand, coupled…
Wall Street opens in red on government shutdown; Nike, Lithium stocks soar
Wall Street opened in the red on Wednesday as the US government officially shut down, igniting fears of a prolonged…
Why is Nvidia stock plunging today? Here’s 3 key reasons
Nvidia stock (NASDAQ: NVDA) tanked at open on Wednesday, plunging almost 2% to $184 as the trading day began amid…
Canada’s factory activity shrinks sharply in September as trade talks stall
Canada’s manufacturing sector contracted at a quicker rate in September, driven down by lower output and new orders amid an…
US manufacturing growth slows in September as tariffs weigh on exports
The US manufacturing sector grew for a ninth straight month in September but at a slower pace, according to S&P…
The Emperor’s new clothes
The September Federal Reserve meeting came and went. The Federal Open Market Committee (FOMC) reduced interest rates by 25 basis…
Europe bulletin: Russia plans asset sale, Germany arrests Hamas members
On Wednesday, Europe witnessed various geopolitical and financial market developments. Investors monitored a potential escalation in Russia-EU tensions, notable gains…