Intesa, UBI line up advisers to face off in takeover battle
Intesa Sanpaolo said on Friday it had hired JP Morgan, Morgan Stanley, UBS and local broker Equita SIM to complete a team of advisers led...
U.S. moves high-level U.S. meeting on China tech, possible new Huawei curbs to March: sources
Trump administration officials have rescheduled for March 11 a critical meeting to discuss potential new U.S. restrictions on sales of technology to Huawei and China,...
Coronavirus outbreak rains on dealmakers’ M&A parade
The steep market drop triggered by the global coronavirus outbreak has led many companies to hit the ‘pause’ button on mergers and acquisitions (M&A), sabotaging...
Wall Street bounce too little, too late as world stocks post shock weekly decline
Coronavirus panic sent world stock markets tumbling again on Friday, with an index of global stocks setting its largest weekly fall since the 2008 global...
USTR vows to push for trade deals with Britain, EU; seeks broader reset at WTO
The Trump administration on Friday said it would focus on concluding trade agreements with Britain, the European Union and Kenya over the coming year, while...
S&P falls for seventh day, suffers biggest weekly plunge since 2008 crisis
The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial...
Fasten your seat belts, U.S. Congress sets hearing on air travel
The airline industry could run into turbulence on Capitol Hill next week as a U.S. Congressional panel tackles passenger complaints about unpleasant airline experiences, holding...
Goldman’s asset management unit ups positions in hotel, cruise line stocks
Goldman Sachs Group Inc’s asset management unit has added to positions in travel stocks, including hotels and cruise lines, as well as Live Nation Entertainment...
Sanofi to pay $11.9 million to resolve U.S. drug charity kickback probe
Sanofi SA has agreed to pay $11.85 million to resolve U.S. allegations that it used a charity that helps cover Medicare patients’ out-of-pocket drug costs...
Harley-Davidson CEO Matthew Levatich steps down
Harley-Davidson Inc said on Friday Matthew Levatich has stepped down as chief executive officer and the motorcycle maker named Jochen Zeitz as the interim CEO....