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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…
Investing

How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing…
Investing

U.S. lawmakers move to ban China’s DeepSeek from government devices

A bipartisan congressional bill is being introduced to ban China’s DeepSeek artificial intelligence software from government devices. U.S. Reps. Darin LaHood, R-Ill.,…
Investing

Some tariff concessions from Canada and Mexico touted by Trump lack substance, experts say

President Donald Trump and his supporters have heralded his use of tariff threats to extract concessions on drug trafficking and border security…
Investing

Lara Trump to host weekend show on Fox News

President Donald Trump’s daughter-in-law Lara Trump will host a weekend show on Fox News, the news channel announced Wednesday. ‘My View with…
Investing

All Quiksilver, Billabong and Volcom stores to close in U.S.

All Quiksilver, Billabong and Volcom stores in the United States will close after their operator filed for bankruptcy protection.  Altogether over 100…
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…
Investing

USPS resumes shipments from China in abrupt about-face

The U.S. Postal Service has agreed to resume accepting shipments from China, less than 12 hours after announcing it would stop doing…
Investing

Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses…
Investing

Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet

Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut…
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