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Banco BPM CEO says merger with Credit Agricole Italia would be good for Italy
Reuters· 2025-09-18 15:35
Banco BPM Chief Executive Giuseppe Castagna said on Thursday that a merger with the Italian arm of France's Credit Agricole was the "clearest opportunity" for his bank, but there were others, such as ... ...
FTC accuses Live Nation, Ticketmaster of colluding with ticket brokers
Reuters· 2025-09-18 15:31
The U.S. Federal Trade Commission is suing Live Nation and its ticketing arm Ticketmaster for tacitly allowing ticket brokers to violate its policies and scoop up millions of concert tickets later sold to fans at a significant markup, the agency said on Thursday. ...
Workers at key UK gas plant Shell Bacton vote for strike in pay dispute
Reuters· 2025-09-18 14:42
Workers for industrial group Altrad at the Shell Bacton Gas terminal on Britain's North Sea coast have voted in favour of strike action in a bid to get Altrad to raise pay, the GMB union said on Thurs... ...
Microsoft boosts Wisconsin data center spending to $7 billion
Reuters· 2025-09-18 14:07
Microsoft on Thursday said it plans to build a second massive artificial intelligence data center in Wisconsin, bringing its spending in the state to more than $7 billion. ...
Waymo and Via to offer robotaxis for public transit, starting with Arizona
Reuters· 2025-09-18 13:23
Group 1 - Alphabet's Waymo will provide autonomous rides through Via Transportation's public transit platform [1] - The service will initially launch in Chandler city, Arizona [1]
US House Democrats call on FCC chair to resign after pressuring Disney
Reuters· 2025-09-18 13:20
Group 1 - Democratic leaders in the U.S. House have called for the resignation of the chair of the Federal Communications Commission (FCC) [1] - The call for resignation follows the chair's pressure on Walt Disney and ABC affiliates to stop airing "Jimmy Kimmel Live!" [1]
Atlassian to acquire DX in $1 billion deal
Reuters· 2025-09-18 13:11
Core Viewpoint - Atlassian has announced a definitive agreement to acquire developer intelligence platform DX for approximately $1 billion in cash and restricted stock, which includes DX's cash balance [1] Company Summary - The acquisition is valued at around $1 billion, indicating a significant investment by Atlassian in enhancing its capabilities in the developer intelligence space [1] - The deal includes both cash and restricted stock components, suggesting a strategic approach to integrating DX into Atlassian's existing operations [1] Industry Summary - This acquisition reflects a growing trend in the technology sector where companies are investing in developer intelligence platforms to improve their product offerings and enhance developer productivity [1]
Drug distributor McKesson to restructure segments to focus on high-margin businesses
Reuters· 2025-09-18 13:10
McKesson said on Thursday it will restructure its operations into four main segments from the current quarter as the U.S. drug distributor aims to focus on high-margin businesses such as cancer medicines to boost growth. ...
US holiday shopping growth to cool this year, Mastercard forecasts
Reuters· 2025-09-18 13:03
U.S. holiday sales growth is expected to temper this year, a Mastercard forecast showed on Thursday, as consumers seek discounts and promotions amid inflation and broader macroeconomic uncertainty. ...
VIEW Nvidia's $5 billion bet on Intel
Reuters· 2025-09-18 11:52
Nvidia said on Thursday it will invest $5 billion in Intel , throwing its heft behind the struggling U.S. chip foundry weeks after the White House engineered a deal for the U.S. government to take a massive stake in the company. ...