MUNICH (Reuters) - Allianz and Amundi have paused discussions about combining their asset management businesses into a European investment giant that would manage nearly 2.8 trillion euros ($3 trillion) in assets, a source close to Allianz said. Germany's Allianz has been examining options for its Allianz Global Investors unit, including a possible merger or partial sale of the division, Reuters...

The stock of Rigetti Computing Inc. ( RGTI ) has hit a new 52-week high, reaching $3.67. This represents an impressive 237.14% increase over the past year, indicating a surge in investor confidence in the company’s future. What Happened: According to data from Benzinga Pro, Rigetti Computing’s stock has been steadily climbing, with an average trading volume of 23 million shares over the past...

Dec 7 (Reuters) - Authorities are closing in on the man suspected of killing UnitedHealth ( UNH ) executive Brian Thompson, New York City Mayor Eric Adams was quoted as saying on Saturday by the New York Post. The net is tightening, Adams told reporters at a Police Athletic League holiday party in Harlem, according to the Post. He declined...

Dec 8 (Reuters) - President-elect Donald Trump's transition team has invited five major tech companies, including Google, Microsoft ( MSFT ) and Meta Platforms ( META ) to a meeting in mid-December about dealing with online drug sales, The Information reported on Sunday. A representative for Jim Carroll, the drug czar during Trump's first term, and Trump's transition team emailed...