* Measure stems from criminal probe which does not target bank * Prosecutors allege shortfalls in loan approval procedures * Oaktree, Centerbridge signed binding deal in September (Adds detail from Banca Progetto statement in paragraphs 2-3, 6-7; on deal in paragraphs 3-4) By Emilio Parodi MILAN, Oct 24 (Reuters) - Banca Progetto, a small Italian bank which investment firm Oaktree...

Oct 24 (Reuters) - Electric and gas utility DTE Energy ( DTE ) beat Wall Street estimates for third-quarter profit on Thursday, as higher supply rates and warmer weather helped performance of its electricity unit. Shares of the company gained 1% in premarket trading. On an adjusted basis, the Michigan-based company reported operating profit of $2.22 per share for the...

09:16 AM EDT, 10/24/2024 (MT Newswires) -- Alphabet's (GOOG, GOOGL) partnership with artificial intelligence startup Anthropic is facing an investigation from the UK's Competition and Markets Authority as the partnership may result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002, the regulator said Thursday. The CMA intends to announce its phase...

* China's shoppers shift towards locally-made products * Market is expected to remain weak * Demand for infant health foods resilient By Richa Naidu LONDON, Oct 24 (Reuters) - International companies such as Danone and Nestle have deepened price cuts or are seeking to boost online shopping volumes to win over China's increasingly reluctant customers, executives said. China's economy, the...