Author: franperez66q@protonmail.com

A pedestrian pushes a baby stroller past a red Vespa scooter outside a Banca Monte Dei Paschi Di Siena SpA bank in Pescara, Italy.Marc Hill | Bloomberg | Getty ImagesA bidding war over Italy’s Monte dei Paschi di Siena has erupted between rivals Intesa Sanpaolo and Banco BPM, with the two lenders vie for control of the world’s oldest bank.Intesa on Monday announced an unsolicited offer of 30.6 billion euros ($35.3 billion), hoping to usurp its rival and create Europe’s second-biggest ​bank by market capitalization. In a statement, its offer outlined a premium of 12.5% ​versus MPS’s ⁠closing share price on…

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Xi Jinping, general secretary of the Communist Party of China Central Committee and Chinese president, holds talks with Kim Jong Un, general secretary of the Workers’ Party of Korea and president of the State Affairs of the Democratic People’s Republic of Korea, at the Great Hall of the People in Beijing, capital of China, Sept. 4, 2025. Huang Jingwen | Xinhua News Agency | Getty ImagesChinese President Xi Jinping’s visit to Pyongyang is set to start on Monday, as Beijing tests its influence over a neighbor pulled increasingly into Russia’s orbit.The two-day trip will be Xi’s first to North Korea…

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For years, Nokia didn’t just compete in mobile phones — it defined the category. From the iconic 3310 to the best-selling Nokia 1100, the Finnish company built a global empire on durable devices, mass-market appeal and an unmatched ability to scale. At its peak, Nokia was Europe’s most valuable company and one of the most dominant consumer tech brands in the world. But the smartphone era changed where value in the industry was created.For years, Nokia didn’t just compete in mobile phones — it defined the category. From the iconic 3310 to the best-selling Nokia 1100, the Finnish company built a global…

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If the facts change, then I have to change. I learned that from reading the legendary British economist John Maynard Keynes, and it has never steered me wrong. I was a huge bull on this market because of the terrific things happening in artificial intelligence. And because we had a new Federal Reserve chair in Kevin Warsh, who wanted to cut interest rates to support growth, given the frozen housing market and an underclass struggling with higher gas prices, a drop in health care coverage, and the gratuitous cut in food stamps. I made this judgment, as I always do,…

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