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…
Intel shares soar on surprise profit, but analysts say ‘fight far from over’
Intel shares jumped nearly 10% in Frankfurt and were up more than 8% in US pre-market trading on Friday after…
Ford rises on Q3 beat; cost control progress outweigh supplier fire setback
Shares of Ford Motor Co. rose more than 4% in premarket trading on Friday after the automaker beat Wall Street’s…
Procter & Gamble shares surge after Q1 results beating expectations
Procter & Gamble (NYSE: PG) reported stronger-than-expected fiscal first-quarter earnings and revenue on Friday, driven by higher demand for its…
Analysis: how latest US sanctions may put significant amount of Russian oil supply at risk
The latest US sanctions on two of the largest Russian oil companies are likely to shake up the market. This…
US inflation edges up to 3% in September, slightly below expectations
The US consumer price index (CPI) rose 0.3% in September from the previous month, bringing the annual inflation rate to…
Commodity wrap: bullion prices drop, oil climbs on supply fears
Gold prices are set to end a nine-week winning streak on Friday as the yellow metal declined nearly 2%. Silver…
Bulgaria plans for continuous oil supply for Lukoil-owned refinery after US sanctions
Bulgaria’s Energy Minister Zhecho Stankov announced on Friday that the country is developing strategies to guarantee continuous oil and oil…
Apple Q4 earnings preview: here’s what to expect
Apple Inc. is approaching its October 30 earnings report with renewed investor confidence as analysts grow more optimistic about its…
France’s offshore wind ambitions stalled by political turmoil
A political crisis in France has created uncertainty for offshore wind developers and equipment suppliers, who anticipate a business slowdown. …