Telecom Italia shares jumped 30% on Monday after U.S. private equity giant KKR launched a 10.8 billion euro buyout bid for Italy's largest phone company.
China's central bank deleted several phrases in a quarterly report on monetary policy, a move that economists said signals a shift toward more stimulus.
The steel market is going through several changes, including China's evolving role in the market and costs rising, said Tata Steel's CEO, T.V. Narendran.
Ole Gunnar Solskjaer said he is "honoured" to have managed the team but accepts he paid the price for not being able to "take the next step," Sky Sports reports.
With uncertainty in China's junk bond market, CNBC asked 5 strategists if they would still advise investors to buy Asia high-yield bonds. Here's what they said.
Facebook now Meta Platforms is primarily an ad revenue company and Madison Avenue already is at work on figuring out how to rethink ads for the virtual future.