Monte dei Paschi shares fall 7% after lender launches surprise 13-billion-euro bid for Mediobanca

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  Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca

  Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking sector
  
  ABC News - 12h

• Burberry shares jump 13% after better-than-expected quarterly sales

  Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh efforts to revamp the beleaguered British fashion house.
  
  CNBC - 13h

• Monte dei Paschi launches €13bn takeover offer for Mediobanca

  Move by world’s oldest bank would shake up Italy’s financial sector
  
  Financial Times - 15h

• EA shares drop 7% after company lowers guidance due to weakness in soccer, other games

  Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.
  
  CNBC - 2d
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  Ubisoft Shares Fall After Net Bookings Slump, Assassin's Creed Delay

  The stock dropped after the videogame maker said it expected a decrease in third-quarter net bookings and pushed back the release of its blockbuster game for a second time.
  
  The Wall Street Journal - Jan. 10

• Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company

  Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.
  
  CNBC - Jan. 7
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  Ukraine launches surprise operation in Russia’s Kursk region

  Footage purports to show Ukrainian armoured columns advancing towards village of Bolshoe Soldatskoe. Ukrainian armed forces began a surprise offensive in Russia’s Kursk region on Sunday, in an ...
  
  The Guardian - Jan. 5
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  Shares of alcohol makers fall after US official calls for cancer warnings

  Surgeon-general calls for more prominent warning labels on drinks to raise awareness of the link
  
  Financial Times - Jan. 3
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  Colorado attorney general launches bid for governor

  Colorado Attorney General Phil Weiser (D) announced Thursday he’s running for governor in 2026 to succeed term-limited Gov. Jared Polis (D). “There are many reasons why I’m running to lead this ...
  
  The Hill - Jan. 2

More from CNBC

• Alphabet shares close above $200 for first time on split-adjusted basis

  Investors are growing more bullish on Alphabet as the company speeds up its AI development.
  
  CNBC - 1h

• Trump recommends ending FEMA ahead of California fire site visit

  President Donald Trump will visit California to see the damage caused by wildfires around Los Angeles. FEMA has been involved in response efforts there.
  
  CNBC - 32m

• Target rolls back DEI initiatives, the latest big company to retreat

  Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs.
  
  CNBC - 3h

• Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth

  Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year
  
  CNBC - 2h

• Venture Global closes below IPO price in disappointing debut despite Trump's support of LNG industry

  "The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an interview Friday.
  
  CNBC - 2h

More in Business

• Trump recommends ending FEMA ahead of California fire site visit

  President Donald Trump will visit California to see the damage caused by wildfires around Los Angeles. FEMA has been involved in response efforts there.
  
  CNBC - 32m
• 

  New Yorkers Could Use Paid Sick Leave to Care for Pets Soon

  Legislation could let New Yorkers take paid sick leave for their pets and service animals.
  
  Inc. - 36m
• 

  What’s Your Apple Juice?

  Make it a goal for this year to recharge before it’s too late.
  
  Inc. - 43m

• Target joins Walmart in pulling back on DEI. But this big retailer and its shareholders are staying the course.

  Target said that it was ending its diversity, equity and inclusion goals as it tries to align itself with an “evolving external landscape.”
  
  MarketWatch - 50m
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  Why Age-Gating Social Media is a No-Brainer

  This policy has worked with alcohol and tobacco—let’s try it with social media.
  
  Inc. - 1h