Italian bank BPM proposes €50bn merger with Monte dei Paschi
Planned combination of ‘equals’ is latest attempt at banking consolidation in the country
Planned combination of ‘equals’ is latest attempt at banking consolidation in the country
BancTrust’s Carlos Fuenmayor accuses watchdog of impinging on freedom of expression
Anxiety about the technology is set to generate a political backlash
Radiation levels remain ‘within normal limits’, says Ukraine’s state nuclear company
Government should use the best technology for any task, but be wary of ‘lock-ins’
Sean Doyle’s warning comes as jet fuel prices have doubled since Iran war began in February
$850bn start-up to recast hit chatbot as a route to higher-margin products before a potential IPO
Petrol retails for £1.58 a litre in the UK, up about 20% since the start of the year
Morten Wierod calls for urgent deregulation as energy shock from Iran war dents EU competitiveness
From cancelled novels to legal fines, the scale of blunders only halfway through the year suggests the opposite
Masahiro Koike aims to turn Japanese group into top five global insurer within a decade
Public Accounts Committee also criticises lengthy delay to government’s defence investment plan
Bid from group including Orange and Free-Iliad faces showdown with antitrust regulators in Paris and Brussels
Airline had its planes grounded when fighting began but demand for transit through region has recovered
OpenAI has proposed a sovereign-wealth-style fund to ease public anxiety about the impact of artificial intelligence
Lawmakers call for EU sanctions on Oleg Deripaska-linked plant in Ireland if raw material is used in Russian weapons
David Sullivan departs just two weeks after club was relegated from Premier League
Shipowners ploughed windfall into new vessels and are braced for steep drop in rates if Strait of Hormuz reopens
An expanded tournament held in beer-friendly countries will result in an extra 1bn pints being consumed, say analysts
Also in today’s newsletter: The $10bn club, pickleball’s rise and more
Neither candidate, who offer widely differing agendas, obtained 20% in first round of voting
Sir Pascal Soriot says countries will have to spend more on innovative medicines following US trade deal
More people worry about poor sleep than excess weight, but drugmakers have been deterred from entering the market by costs
General counsel resigned after revelations about relationship with disgraced financier but now will stay on as adviser
Agreement comes ahead of a record-breaking initial public offering for Elon Musk’s rockets-to-AI conglomerate
Facebook parent could sell tens of billions of dollars in new stock as it seeks to finance AI infrastructure
How we address the revolution is a question of how we manage its uncertainties
Nasdaq Composite drops 3% as nerves spread ahead of blockbuster SpaceX listing
Register your portfolio now — the 8-week competition starts on 9 June
Retail group has tried to professionalise after previously struggling to find a firm to sign off its accounts
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