Italy’s Monte dei Paschi to open books to potential partners
Monte dei Paschi di Siena said it would grant access to confidential data to potential merger partners selected by its advisers, as Italy presses ahead
Category: Business
Dollar extends rebound as U.S. yields rise
The dollar edged higher across the board on Monday, extending a rebound from the near three-year low hit last week, taking strength from the recent
Wall Street firms reduce exposure to Chinese telcos as U.S. ban approaches
Wall Street firms in Hong Kong including Goldman Sachs and JPMorgan on Monday moved to reduce exposure to Chinese telecom companies named in a U.S.
Brent crude falls on renewed lockdowns, stronger dollar
Oil prices steadied on Monday after strong gains last week, as tough coronavirus lockdowns around the world renewed concerns about global fuel demand, while a
Stocks fall from records, U.S. yields continue to climb
Stocks fell on Monday, slipping from record highs, partly on caution over rising coronavirus cases globally while elevated Treasury yields continued to support the dollar,
China boycotts are a warning to Western brands
Companies including H&M, Nike (NKE), Adidas (ADDDF) and Burberry (BBRYF) have been caught in the middle of a political firestorm in China — spooking investors
U.S. IPO market faces first big test of 2021
At least eight businesses are set to price initial public offerings (IPOs) in New York in the next three days, seeking to raise a total