UniCredit’s Orcel was plotting bid before Banco BPM forced hand, sources say
By Valentina Za and Giuseppe Fonte MILAN (Reuters) -UniCredit CEO Andrea Orcel has been drawing up plans to take over Banco BPM for years and was almost ready to pull…
Inditex shares down after RBC Capital Markets downgrades to ‘underperform’
Investing.com — Inditex (BME:ITX), the parent company of Zara, saw its shares fall over 2% on Thursday after RBC Capital Markets downgraded the company’s rating to “underperform” from “sector perform.” …
Factbox-ECB sets 2025 SREP requirements for Italian banks
(Reuters) – Italian banks have started to disclose the minimum best-quality capital requirements for 2025 set by the European Central Bank under its Supervisory Review and Evaluation Process (SREP). The…
Lonza shares gain on plan to divest CHI unit and focus on drug development
Investing.com — Lonza’s shares rose over 6% on Thursday following the company’s announcement of plans to divest its Capsules & Health Ingredients (CHI) unit as part of a strategy to…
EBRD launches 110 million euro guarantee for Ukraine war-risk insurance
By Libby George LONDON (Reuters) – The European Bank for Reconstruction and Development is launching a 110 million euro guarantee to jumpstart war risk reinsurance for inland transport in Ukraine.…
Adobe slides as weaker annual revenue guidance offsets Q4 results beat
Investing.com — Adobe reported Wednesday fiscal fourth-quarter results that beat estimates, but softer revenue guidance weighed on the stock in extended trading. Adobe Systems Incorporated (NASDAQ:ADBE) over 9% in premarket…
Currys surge over 11% on strong H1 results, profitability gains
Investing.com — Shares of Currys (LON:CURY) soared over 11% on Thursday after the retailer delivered standout results for the first half of fiscal 2025, showcasing strong profitability growth across key…
What next for the Nifty 50 index and Indian rupee (USD/INR)?
The Nifty 50 index and the USD/INR exchange rate were on edge as investors reflected on the changes to the Reserve Bank of India (RBI). The blue-chip index was trading…
Here’s why EVgo stock price could surge by 92% in 2025
EVgo stock price has bounced back this year, helped by its balance sheet improvement and its growing business. It has soared by about 300% from its lowest level in May,…
Here’s why the IONQ and Rigetti Computing stocks have surged
Rigetti Computing (RGTI) and IonQ (IONQ) stock prices have done well this year, as investors rotate to quantum computing companies. RGTI shares soared to a high of $6.87, its highest…