Monte dei Paschi said that the European Central Bank approved the direct acquisition of controlling shareholding in Italian investment bank Mediobanca.

In the short-term, Canada is trying to get the U.S. to back down from 50% tariffs on steel and aluminum imports and levies on autos, said Kirsten Hillman, Canada's ambassador to the U.S. The Fed chair ...

Tesla's sales in the European Union logged another steep decline in May, continuing a downward trend for Elon Musk's electric-vehicle maker even as the bloc's EV market shows signs of growth. Even ...

HDB Financial Services will be taking orders from Wednesday to Friday, according to IPO launch details posted on the National Stock Exchange of India. The offer size is 125 billion Indian rupees, ...

Iberdrola Names U.S. Business Head Pedro Azagra as New Group CEO The Spanish utility appoints a company veteran at the helm who most recently led its U.S. business Avangrid. Find insight on Telecom ...

Spain Blocks Legal Merger of BBVA and Sabadell for Up to Five Years The Spanish government said it would approve BBVA's hostile takeover of Banco de Sabadell on condition that the banks temporarily be ...

CaoCao, backed by Chinese carmaker Geely, fell as much as 19% Wednesday morning. The stock was last trading at HK$35.55, down from its listing price of HK$41.94 and giving the company a market ...

At this year’s Morningstar Investment Conference in Chicago, Morningstar equity researchers will share their insights on the ...

Oil rose on fears of supply disruptions caused by a possible resurgence in the Iran-Israel conflict. A preliminary U.S. intelligence report found that the U.S. military's strikes last week on three ...

The Bank of Japan should consider additional interest-rate hikes without delay, a hawkish policy board member said, as inflation could hit its target sooner than expected despite trade uncertainty.

The Miami-based cruise line raised its outlook for the year as it logged higher-than-expected profit and revenue in its fiscal second quarter, boosted by strong demand and consumer spending. Krispy ...