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Intesa Sanpaolo Bids €30.6 Billion for Monte dei Paschi, Igniting Italian Banking Battle
Businessbloombergcnbcfaz+10le-figarola-repubblicapublicoYahoocapital-bgil-sole-24-orela-vanguardianaftemporiki+2 more2mo ago13 sources

Intesa Sanpaolo Bids €30.6 Billion for Monte dei Paschi, Igniting Italian Banking Battle

Intesa Sanpaolo has launched a €30.6 billion bid for Monte dei Paschi di Siena, Italy's third-largest bank, intensifying a consolidation wave in the Italian financial sector. This offer counters a previous proposal from Banco BPM, setting off a bidding war for the world's oldest bank.

Analysis: US-China rivalry could define the century
Worldrzeczpospolita3mo ago

Analysis: US-China rivalry could define the century

An analysis suggests that the US-China rivalry is defining the current century, questioning whether a 'total war' is approaching as the unipolar world order gives way to a new, more brutal reality.

Moving away from unipolarity to inclusive global order
WorldDawn5mo ago

Moving away from unipolarity to inclusive global order

Global South countries face persistent development challenges, compounded by mounting external pressures from unilateralism, protectionism and hegemonism. To navigate the intertwined crises and changes, the Global South must forge shared values, strengthen institutional foundations and deepen solidarity. The rise of the Global South is reshaping the world economy. In 2025, Global South economies are projected to grow by 4.2 per cent overall, more than triple the average growth rate of the G7 ...

Milan stock market suffers more major losses
FinanceANSA5mo ago

Milan stock market suffers more major losses

(ANSA) - ROME, MAR 3 - After closing down 1.97% on Monday amid the financial turmoil triggered by war in the Middle East, the Milan stock exchange suffered more major losses in early trading on Tuesday, with the FTSE Mib index shedding 2%. Finance stocks were the hardest hit again, with Unipol (-4%), Prysmian and A2a (-3.6%), Generali (-3.4%), Mediobanca (3.7%), Unicredit (-3.3%) Popolare Sondrio (-3.2%), Bper (-3%), Banco Bpm (-3.1%), Mps (-3%) among the biggest losers. Shares in luxury and ...