MILAN (Reuters) - Shares in Monte dei Paschi fell further on Tuesday as the board of Mediobanca gathered to discuss a surprise bid by the smaller rival, the latest move in a series of takeover tussles rattling Italian banking. MPS announced a 13.3-billion euro ($13.9 billion) buyout bid for Mediobanca on Friday but the value of its all-share offer has...

03:57 AM EST, 01/28/2025 (MT Newswires) -- SAP (SAP) reported Q4 non-IFRS earnings from continuing operations Tuesday of 1.40 euros ($1.46) per share, up from 1.12 euros a year earlier. Analysts polled by FactSet expected 1.34 euros. Revenue for the quarter ended Dec. 31 was 9.38 billion euros, up from 8.47 billion euros a year earlier. Analysts surveyed by FactSet...

(Reuters) - France's largest video game maker Ubisoft will close its Leamington site in Britain and restructure operations at Ubisoft Düsseldorf, Ubisoft Stockholm and Ubisoft Reflections, impacting 185 employees, it said on Tuesday, confirming earlier media reports. The decision is a part of efforts to prioritize projects and reduce costs to ensure long-term stability at Ubisoft, it said. Ubisoft has...

MILAN, Jan 28 (Reuters) - Blue Pool, a Hong Kong-based investment firm backed by Alibaba ( BABA ) co-founder Joe Tsai, has bought a 12% stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday. The investment comes after the maker of $600 a pair sneakers abruptly pulled plans for a stock market listing last year....