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Economy

Economy

China outlines more controls on exports of rare earths and technology

HONG KONG — China outlined new curbs on exports of rare earths and related technologies on Thursday, extending controls over use of…
Economy

Video game maker Electronic Arts to be acquired for $52.5 billion

Electronic Arts, maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired for $52.5 billion in what could…
Economy

Nearly 200,000 BMWs recalled over potential fire risk

The owners of nearly 200,000 BMWs should park their vehicles outside because they risk catching fire while parked or being driven, the…
Economy

YouTube to pay $24 million to settle Trump lawsuit

YouTube said Monday it would settle a lawsuit brought by President Donald Trump for more than $24 million, adding to a growing…
Economy

Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of aid startup

Charlie Javice, the founder of a startup company that sought to dramatically improve how students apply for financial aid, was sentenced Monday…
Economy

Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

The newly formed media corporation Paramount Skydance has acquired The Free Press, an online news and commentary outlet co-founded by Bari Weiss,…
Economy

European tech shares tumble as China’s AI push spooks investors

(Reuters) – European shares slid on Monday as the technology sector joined the retreat in other markets after China’s upgraded low-cost, low-power…
Economy

How Italy’s MPS went from near collapse to bid for revered merchant bank

By Valentina Za, Gianluca Semeraro and Mathieu Rosemain MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Economy

Markets may be repeating the mistake of 2019, Goldman Sachs warns

Investing.com — Markets may be ignoring an important lesson of 2019, according to Goldman Sachs. The Wall Street bank said in a…
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