Shares of Italy’s UniCredit jump 10% and hit eight-year high on earnings beat
Shares of Italian bank Unicredit hit their highest level since 2015 Monday, after announcing that it would return 8.6 billion euros ($9.2 billion) to investors.
European markets close slightly lower as investors ponder Fed Powell’s comments; Unicredit jumps 8%
European markets moved slightly lower Monday as investors digested the latest comments from U.S. Federal Reserve Chair Jerome Powell.
Turkey’s inflation sees biggest monthly jump since August, nears 65% year on year
In January, Turkish inflation saw its biggest monthly jump since August, rising 6.7% from the month prior, according to the Turkish central bank.
Delivery Hero reverses losses to climb 5% after reporting sales growth in line with targets
Delivery Hero put out preliminary results Monday, earlier than they were expected to drop, after the company saw 26% erased from its share value last week.
UniCredit vows to match 2023 income this year after beating forecast
Net income in the October-December period came in at 2.8 billion euros, more than double a 1.2 billion euro ($1.3 billion) average analyst consensus forecast provided by the bank.
CNBC Daily Open: A scorching start for U.S. jobs growth
U.S. jobs growth kicked off the year firing on all cylinders.
Why is Switzerland home to so many billionaires?
Switzerland is home to an estimated 110 billionaires — one for every 80,000 people — with a combined wealth of $338 billion, outranking other super-rich hotspots. What makes it such an attractive place for the uber-rich, and how does that extreme wealt…
Samsung chief Lee cleared of charges in 2015 merger case
Samsung Electronics Chairman Jay Y. Lee was found not guilty by a Seoul court in a case related to irregularities in a 2015 merger of Samsung affiliates.
Taylor Swift makes Grammys history with fourth album of year win
Pop superstar Taylor Swift set another record on Sunday, winning the Grammy award for album of the year for an unprecedented fourth time.
Mitsui Fudosan shares hit record high after Elliott reportedly calls for over $6.5 billion share buyback
Reportedly, Elliott has also demanded the company sell-down its $3.6 billion stake in Oriental Land, which runs Tokyo Disneyland.
