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…
Renault shares tumble after profit warning, leadership shake-up; analysts slash PTs
Shares in Renault plunged over 16% on Wednesday after the French carmaker slashed its 2025 financial guidance and named finance…
Trump to impose 200% tariffs on pharma sooner than expected; here’s what he said
US President Donald Trump on Wednesday indicated that his plans to impose high tariffs on the pharmaceutical sector can star…
UK inflation hits 3.6%; BoE expected to exercise caution on rate cuts, says ING
All eyes are on the UK’s jobs market as Thursday’s upcoming figures are expected to determine the Bank of England’s…
Dow Futures mixed ahead of wholesale inflation data: 5 things to know before Wall Street opens today
Dow Futures pointed to a mixed open on Wednesday, with investors waiting on key earnings reports from major banks and…
Estée Lauder appoints first ever digital chief amid online retail push to regain growth
Estée Lauder is embarking on a major digital transformation as it tries to regain lost ground in the global beauty…
Is Trump handing China a win in the AI chip war?
Nvidia is back in business with China. So is AMD. The Biden-era export controls on advanced AI chips used to…
President Trump considers firing Fed Chair Jerome Powell soon: report
US President Donald Trump is weighing whether to fire Federal Reserve Chair Jerome Powell, according to a Bloomberg report. The…
PPI hits pause in June: cooling services offset rising goods, easing pressure on Fed
US PPI data stayed unchanged in June, marking a surprising pause in inflation after a 0.3% rise in May. The…
Joby stock soars 12%, eyes new all-time high for second straight day; check forecast
Joby stock is on a tear this July, jumping 12% on Wednesday as it flirts with a new all-time high…