A consortium of investors led by Italian state lender Cassa Depositi e Prestiti (CDP) is expected to approve a binding offer for Atlantia's 88per cent stake in motorway unit Autostrade per l'Italia on Tuesday, two sources close to the matter said.
Electric vehicle sensation Lucid Motors has set the market alight this week with a US$24 billion blank check deal to list in New York, but it has also sparked concerns among some investors of a short circuit in the valuation of electric vehicle makers.
Top executives at Texas-based software company SolarWinds, digital giant Microsoft and cybersecurity firms FireEye and CrowdStrike are expected on Tuesday to defend their companies' responses to a sprawling series of breaches blamed on Russian hackers when they face the U.S. Senate's Select ...
U.S. bank profits fell 36.5per cent in 2020 from the year prior as banks set aside massive amounts to guard against potential losses, but the industry showed signs of strengthening in the fourth quarter as the economy begins to recover from the pandemic, a regulator reported Tuesday.
Just Energy Group Inc said on Tuesday its storm-battered residential customers in Texas will be protected from higher energy rates for February, a day after the Canadian company raised doubts about its ability to continue as a going concern.
Facebook said on Tuesday it would restore Australian news pages after negotiating changes with the government to a proposed law that forces tech giants to pay for media content displayed on their platforms.
Bank of America (BofA) Global Research lifted its forecast for Brent crude oil prices for this year citing tighter supplies due to the Texas freeze and OPEC+ output curbs and unmatched global monetary stimulus, it said in a note dated Monday.
Nikola Corp on Tuesday disclosed details on its hydrogen fuel-cell-powered product lineup that will include vehicles with a driving range of up to 900 miles.
L Brands' bankers at Goldman Sachs would begin pitching buyout firms about a potential sale of its Victoria's Secret lingerie brand as soon as this week, the New York Times reported on Tuesday, citing people with knowledge of the matter.
Plans by Britain and the European Union to set up a new financial cooperation forum by the end of March have made some progress but this will not automatically lead to market access, senior officials said on Tuesday.
