A Century-Old Dynasty Overhauls Its Billions in Rare M&A Bet
Over the past century, the Viessmanns built one of the world’s biggest fortunes with a manufacturing empire spawned from a small workshop in the German state of Bavaria.
Over the past century, the Viessmanns built one of the world’s biggest fortunes with a manufacturing empire spawned from a small workshop in the German state of Bavaria.
Bain Capital has rapidly built a stake in Software AG, raising the prospect of a takeover battle for the German company, people with knowledge of the matter said.
The biggest swings in bonds in more than a decade this year are a fresh challenge to the time-honored 60/40 investment strategy.
A rate hike by Colombia’s central bank Friday aimed at calming markets won’t be enough to lure in investors after the most tumultuous week so far in Gustavo Petro’s presidency. For now, emerging-market money managers are waiting to see what the leftist president does next.
Italy’s economy is growing more than expected which means extra fiscal space to aid families and businesses, Finance Minister Giancarlo Giorgetti said.
France’s credit rating was cut by Fitch Ratings in another blow to politically embattled President Emmanuel Macron as he tries to bolster the country’s public finances with unpopular overhauls.
Squid Game’s director, K-Pop stars and Korean traditional music featured in Louis Vuitton’s runway show in Seoul to unveil the French brand’s pre-fall women’s collection.
A key proxy adviser told Enel SpA shareholders to reject the Italian government’s choice for the company’s next chairman, as investors turn up the heat in a battle over nominations made by Prime Minister Giorgia Meloni.
When fire weather warnings go out in the Northeast, ‘the hair should stand up on the back of your neck.”
The European Union is considering granting additional time to member states to balance their budgets if they invest in ramping up ammunition production, a priority following Russia’s invasion of Ukraine.