Italy’s BPM asks market watchdog to protect stakeholders after UniCredit bid
MILAN (Reuters) -Italy’s Banco BPM said it has asked market watchdog Consob to adopt measures to protect the bank’s stakeholders and its bid for Anima, after rival UniCredit launched its own bid for BPM. Banco BPM had complained before that…
Amazon: Bernstein hikes price target, says best investment idea for 2025
Investing.com– Bernstein has raised its price target on Amazon.com Inc (NASDAQ:AMZN) over expectations of strong long-term growth driven by operational efficiency and sustained momentum across its business segments. The brokerage raised the target to $265 from the previous $235, maintaining…
Tesla’s China factory head Song Gang leaves company, letter to staff shows
(Reuters) – Tesla (NASDAQ:TSLA)’s Shanghai plant manager Song Gang has left the company, according to a letter he sent to staff on Wednesday. Song, who became Gigafactory Shanghai’s manager in 2018, informed Tesla employees that Wednesday would be his last…
Japan’s Seven & i plans to open 500 stores in US, Canada by 2027
TOKYO (Reuters) – Japan’s Seven & i Holdings said on Wednesday it plans to open 500 new convenience stores in the United States and Canada through 2027. Seven & i’s founding Ito family made an offer, estimated to be worth…
Japan stocks lower at close of trade; Nikkei 225 down 0.73%
Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Marine Transport, Insurance and Railway & Bus sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.73%. The best performers of…
Indonesia anti-graft body searches central bank’s headquarters
JAKARTA (Reuters) – Indonesian anti-graft investigators raided the Jakarta headquarters of the central bank on Monday in relation to a probe into alleged mishandling of a corporate social responsibility programme, the central bank said. A spokesperson for the anti-graft body…