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Economy

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…
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…
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…
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…
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…
Economy

Trump visits Las Vegas to discuss tax on tips

By Nandita Bose LAS VEGAS (Reuters) – President Donald Trump is capping a frenzied first week back in office with a stop…
Economy

Is there a path to avoid US-China trade war?

Investing.com — Donald Trump’s presidential victory raised fears that the U.S. was on a unavoidable path toward another trade war with China,…
Economy

Swiss president forecasts deficits of 3 billion francs in coming years

GENEVA – Switzerland’s President and Finance Minister Karin Keller-Sutter forecast higher annual budget deficits of around 3 billion Swiss Francs ($3.31 billion)…
Economy

From macro to micro, from QE to AI: BofA forecasts the second half of the 2020s

Investing.com – The 2020s kicked off with a global pandemic that forced billions of people into lockdown and heavy government stimulus measures in…
Economy

US House Republicans divided over how to pay for Trump’s tax cuts

By David Morgan WASHINGTON (Reuters) – Republicans who control the U.S. House of Representatives are trying to overcome internal differences on how…
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