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Economy

European tech shares tumble as China’s AI push spooks investors

(Reuters) – European shares slid on Monday as the technology sector joined the retreat in other markets after China’s upgraded low-cost, low-power…

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Economy

Futures slip as investors eye China’s latest AI push – what’s moving markets

Investing.com – US stock futures dropped on Monday as markets assessed the release of a Chinese firm’s new artificial intelligence model that may…

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Economy

Markets may be repeating the mistake of 2019, Goldman Sachs warns

Investing.com — Markets may be ignoring an important lesson of 2019, according to Goldman Sachs. The Wall Street bank said in a…

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Economy

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 that is…

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Economy

How Italy’s MPS went from near collapse to bid for revered merchant bank

By Valentina Za, Gianluca Semeraro and Mathieu Rosemain MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since…

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Stock

China Vanke’s CEO, chairman resign amid growing liquidity worries

(Reuters) – Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns…

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Stock

Italy’s MPS shares fall ahead of Mediobanca board meeting on bid

By Giulia Segreti and Valentina Za ROME/MILAN (Reuters) – Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday’s losses,…

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Stock

Fuji Media, rocked by sexual misconduct allegations, says executives to resign

By Rocky Swift TOKYO (Reuters) -Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step…

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Stock

British Land stock drops following stake sale

Investing.com — Shares of British Land (LSE:LON:BLND) fell 1.5% after the company announced the sale of a 50% stake in Broadgate REIT,…

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Stock

UMG shares rally after new multi-year pact with Spotify

Investing.com — Universal Music Group (AS:UMG) and Spotify (NYSE:SPOT) have announced a new multi-year deal for recorded music and publishing, the companies…

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