By Valentina Za, Gianluca Semeraro and Mathieu Rosemain MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy’s Treasury picked him out to
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under way. BATTLES IN GENERALI AND MEDIOBANCA Caltagirone last year expanded his
Investing.com — Markets may be ignoring an important lesson of 2019, according to Goldman Sachs. The Wall Street bank said in a note that the upcoming January Federal Open Market Committee (FOMC) meeting is unlikely
Investing.com – US stock futures dropped on Monday as markets assessed the release of a Chinese firm’s new artificial intelligence model that may rival OpenAI’s ChatGPT, while the dollar rose in response to a tariff spat
(Reuters) – European shares slid on Monday as the technology sector joined the retreat in other markets after China’s upgraded low-cost, low-power artificial intelligence (AI) model sparked worries about the profits of rivals and the
Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season. Walmart also offered fresh signs that it is shedding its original identity
The United States added 119,000 jobs in September, a stronger-than-expected figure and a sign that the economy was adding jobs at a healthy clip before government shutdown. But the details of the report from the
U.S. stock markets were poised for lift off Thursday, after a strong earnings report from computer chip giant Nvidia signaled that there is still plenty of room to run in the artificial intelligence boom that
Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors worried about lofty tech valuations and bets on near-term U.S. interest rate cuts
What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of the artificial intelligence boom and trimmed hopes of support from the Federal Reserve.
