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UniCredit increases stake in Commerzbank, nears mandatory bid threshold

Investing.com — UniCredit, Italy’s second-largest bank by assets, has raised its stake in German rival Commerzbank (ETR:CBKG) to 28%, nearing the 30%…
Stock

Kioxia debuts with a 10% surge following $800 million IPO

Investing.com — Kioxia Holdings, a Japanese chip maker, saw its shares rise by 10% in its initial public offering (IPO), closing at…
Investing

McKinsey & Co. to pay $650M to settle opioid consulting probe, ex-partner to plead guilty

McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work…
Investing

From Chili’s to burger chains, here are the restaurant industry winners and losers in 2024

A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller pool of…
Investing

Former Ozy Media head sentenced to nearly 10 years in prison

The former head of Ozy Media has been sentenced to 10 years in prison for his role in an alleged fraud involving…
Investing

Trump and Japan tech conglomerate SoftBank announce $100 billion in U.S. investments

President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort designed to…
Economy

Ukraine Assassinates Senior Russian General in Moscow

In a significant development in the ongoing conflict, Ukraine has confirmed the assassination of a high-ranking Russian military official in Moscow. Lt….
Economy

Israel budget passes but vote shows cracks in Netanyahu’s coalition

By Steven Scheer JERUSALEM (Reuters) – Israeli lawmakers narrowly approved the country’s 2025 state budget in an initial vote despite a rebellion…
Economy

Trump bump? Fed officials prepare projections into new presidential term

By Ann Saphir WASHINGTON (Reuters) – Since Donald Trump’s election to a second term last month, Federal Reserve policymakers including Chair Jerome…
Economy

Spread holiday cheer with this year-end tipping guide

By Chris Taylor NEW YORK (Reuters) – ‘Tis the season for giving, and more Americans are planning to give year-end holiday tips. …
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