UniCredit submits €10 billion bid for Banco BPM November 28, 2024 UniCredit strikes again at European banking sector. It has submitted a bid for Banco BPM for 10.09 billion euros. UniCredit said it would offer…
Skechers: How is the game changing against Nike and Adidas? October 31, 2024 With an increase of up to 16%, it closed for Skechers this year’s third quarter compared to the previous year, setting another record in…
Peru: Mega-port built by China will connect Asia – South America October 24, 2024 Peru’s huge port of Chancay, which authorities hope will become a major shipping hub for trade between South America and Asia, will dispatch two…
How did UniCredit quietly “wipe out” Commerzbank without the Germans realizing it? October 3, 2024 UniCredit increased its stake in Commerzbank from 9% to 21% in a maneuver that mirrored the tactics made notorious in hostile takeover battles more…
Why ‘easy money’ caused a bubble in tech companies? September 19, 2024 From the beginning of 2022, it is known that the main trend in the technology industry was “artificial intelligence”. While the concept isn’t new…
Battle for Commerzbank! September 19, 2024 The potential acquisition of Commerzbank by Italy’s UniCredit has created a strong dynamic in the European banking sector, especially in Germany. The news that…
Germany’s mistakes towards Russia lead to the collapse of its car industry September 12, 2024 Germany’s once-mighty car industry, once recognized around the world for its high-quality, innovative internal combustion engine cars, is winding down. Owning a German car…
Landmark Partnership: McGraw Hill and Binary Logic Join Forces in IT September 12, 2024 McGraw Hill has announced an exclusive partnership with Binary Logic, a leading company in Information Technology and ICT Education. According to a related announcement,…
The Americans are pulling the “rug” from under the once beloved Nvidia September 5, 2024 The US Department of Justice has issued subpoenas to Nvidia and other companies, seeking evidence that the chipmaker violated antitrust laws. Bloomberg’s exclusive news…