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 sectorABC News - 8h -
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 - 9h -
Monte dei Paschi launches €13bn takeover offer for Mediobanca
Move by world’s oldest bank would shake up Italy’s financial sectorFinancial Times - 11h -
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 - 1d -
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 -
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 -
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 linkFinancial Times - Jan. 3 -
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
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