Core Viewpoint - The trade war initiated by U.S. President Donald Trump is driving U.S. clothing and footwear acquisitions to unprecedented levels this year, as companies seek mergers to mitigate tariff costs [1] Group 1: Industry Impact - The ongoing trade war is influencing strategic decisions within the clothing and footwear industry, prompting companies to pursue mergers and acquisitions [1] - Companies are merging to offset the financial burden imposed by tariffs, indicating a shift in industry dynamics [1] Group 2: Acquisition Trends - The current year is witnessing all-time high levels of acquisitions in the U.S. clothing and footwear sectors, reflecting a significant trend in the market [1]

Mediobanca's CEO Alberto Nagel, poised to step down after losing the battle to resist a takeover bid from Monte dei Paschi di Siena , thanked the bank's staff in a farewell letter on Thursday. ...

South Korea's HD Hyundai Heavy Industries is in talks with multiple companies about buying a U.S. shipyard, a senior company executive said, seeking to tap into President Donald Trump's push to revive... ...

Hyundai Motor said on Thursday it aims to produce more than 80% of the vehicles it sells in the U.S. in America by 2030 in response to U.S. tariff policies, as the South Korean automaker ramps up its capacity at its Georgia plant. ...

Anglo American said on Thursday it had cut a "small number" of jobs at its office in Brisbane in Australia and nearby coal mines as part of the miner's efforts to simplify its operations and adapt to ... ...

Pets At Home on Thursday said its CEO Lyssa McGowan had abruptly left the company after the British retailer issued its second profit warning in two months, sending shares down to their lowest since M... ...

China is willing to maintain dialogue with all parties involved to keep global industrial and supply chains stable, its foreign ministry said on Thursday in response to reports of the Chinese regulato... ...

Deutsche Bank foresees revenue at its fixed-income and currency business exceeding consensus expectations in the third quarter, while consensus forecasts for revenue at its retail business are a bit high, chief financial officer James von Moltke said on Thursday. ...

Indian textile manufacturer Gokaldas Exports plans to boost shipments to the European Union and the United Kingdom, and expand production in Africa, as punitive U.S. tariffs threaten to sap profits, t... ...

Hyundai Motor is recalling more than 568,500 Palisade vehicles in the U.S., as the seat belt buckles that fail to latch may not properly restrain passengers in a crash, the U.S. National Highway Traff... ...