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 note that the upcoming January Federal Open Market Committee (FOMC) meeting is unlikely to provide substantial new information. Its
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 currently under way. BATTLES IN GENERALI AND MEDIOBANCA Caltagirone last year expanded his investments in Italy’s financial sector and is
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 arriving in Siena in early 2022, when Italy’s Treasury picked him out to revive the fortunes of the world’s
Analysis-To weather Trump, emerging market investors look to the frontier
By Libby George LONDON (Reuters) – The new era of unpredictability, marked by tariff threats and rising global tensions, is prompting emerging market investors to look for shelter in frontier markets that are relatively safe from U.S. President Donald Trump’s trade
Chinese AI startup DeepSeek overtakes ChatGPT on Apple App Store
BEIJING (Reuters) – Chinese startup DeepSeek’s AI Assistant on Monday overtook rival ChatGPT to become the top-rated free application available on Apple (NASDAQ:AAPL)’s App Store in the United States. Powered by the DeepSeek-V3 model, which its creators say “tops the leaderboard