MILAN (Reuters) – Mediobanca (OTC:MDIBY)’s board will meet on Tuesday to discuss a bid for the Italian merchant bank by state-backed Monte dei Paschi di Siena (MPS), a person close to the situation said. On Friday, MPS joined the consolidation wave

Investing.com — UBS warned of near-term downside risks to U.S. natural gas prices due to milder weather forecasts for February, but raised its price forecasts for the second half of the year on rising liquefied natural gas exports and tightening inventories. Colder-than-average

BEIJING (Reuters) – Profits at China’s state-owned enterprises rose 0.4% in 2024 from the previous year, the Ministry of Finance said in a statement on its website on Sunday. That compares with a 7.4% rise in state firm profits in

Investing.com — Europe’s space sector is grappling with a turbulent period marked by project delays, cost overruns, and mounting competition from global players. Airbus, a leading player in the industry, has absorbed €1.5 billion in charges in its satellite division over the

Investing.com — President Donald Trump’s comments on potential 25% tariffs targeting imports from Canada and Mexico have sparked concerns among European companies that have supply chains in these two countries, but a larger revenue than asset exposure to the US. In