MILAN (Reuters) -Italian luxury brand Valentino said on Monday its Chief Executive Jacopo Venturini was currently on sick leave, responding to media reports of his imminent departure.  A possible change of CEO would, if confirmed, pile further pressure on the high-end business which reported a decline in revenues and profit last year. Italian fashion blog The platform reported on Sunday...

01:54 PM EDT, 06/30/2025 (MT Newswires) -- Meta Platforms ( META ) Chief Executive Mark Zuckerberg said the company is reorganizing its artificial intelligence group with a focus on developing AI superintelligence, referring to systems that can perform tasks as well as or better than humans, Bloomberg reported Monday, citing an internal memo. The new unit, called Meta Superintelligence Labs,...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Investors with a lot of money to spend have taken a bullish stance on Howmet Aerospace ( HWM ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...