European shares rebound as Italy eases stance on bank levy

(Reuters) – European shares rose on Wednesday, with Italian lenders rebounding from sharp losses in the previous session after the…

Exclusive-Snapchat under scrutiny from UK watchdog over underage users -sources

(Reuters) -Britain’s data regulator is gathering information on Snapchat to establish whether the U.S. instant messaging app is doing enough…

Goldman Sachs’ Rogers to step back from chief of staff role-memo

(Reuters) – John Rogers (NYSE:ROG), an influential Goldman Sachs (NYSE:GS) executive, will step back from his role as chief of…

Under Armour posts surprise profit on easing cost pressures

(Reuters) – Under Armour posted a surprise first-quarter profit and beat sales expectations on Tuesday, as cost pressures eased and…

Apple and Samsung to invest in Arm’s September IPO, according to report

Nikkei Asia reported Tuesday that Arm, SoftBank Group’s (TYO:9984) chip design unit, is planning its initial public offering on the…

Analysis-Fed decoupling boosts emerging market stocks, cools currencies

(Reuters) – Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global…

Italy seeks deal by end of year with Stellantis on car industry plan

(Reuters) – The Italian government aims to agree a broad plan to 2030 for its national automotive industry with carmaker…

India stocks lower at close of trade; Nifty 50 down 0.13%

India stocks were lower after the close on Tuesday, as losses in the Metals, Green Energy and Power sectors led…

Disney creates task force to explore AI and cut costs -sources

(Reuters) – Walt Disney (NYSE:DIS) has created a task force to study artificial intelligence and how it can be applied…

AMC sees ‘explosive start’ to third quarter on ‘Barbenheimer’ frenzy

(Reuters) – Movie theater chain AMC Entertainment (NYSE:AMC) Holdings said the current quarter was off to a strong start driven…