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Stuff that matters

Atlantia’s big investors tender shares in Benetton, Blackstone bid

Atlantia’s long-term investors, Singapore sovereign fund GIC and Italian banking foundation CRT, have tendered their shares in the takeover offer launched by the Benettons and U.S. investment fund Blackstone (BX.N),

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Russia seen holding benchmark interest rate at 7.5% this week

The Russian central bank is expected to hold its key interest rate at 7.5% on Friday, ending a months’-long rate-cutting cycle, as an inflation slowdown becomes less marked and geopolitical

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Credit Suisse to pay $234 mln to end French tax probe

Credit Suisse (CSGN.S) agreed to pay France 238 million euros ($234 million) to settle a tax fraud and money laundering case on Monday, putting another legal headache behind it as

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U.N. seeks ‘urgent’ steps to relieve backlog in Black Sea exports deal

A U.N spokesperson said on Monday that “urgent” steps are needed to relieve a backlog of more than 150 ships involved in a deal which allows Ukraine to export grain

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Deutsche Bank’s DWS sued by consumer group over alleged greenwashing

A German consumer group said on Monday it is suing Deutsche Bank’s (DBKGn.DE) asset management unit DWS (DWSG.DE) for allegedly misrepresenting a fund’s green credentials in marketing materials. The suit

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UPS could keep outpacing FedEx as e-commerce delivery market dims

United Parcel Service (UPS.N) investors want to see this week how the delivery giant is managing through the bursting e-commerce delivery bubble better than rival FedEx (FDX.N). The global shipping

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Strong equipment, parts demand expected to lift Caterpillar sales

Heavy-machinery maker Caterpillar Inc. (CAT.N) is expected to report a double-digit growth in profit and revenue when it releases quarterly earnings on Thursday, as demand for the company’s equipment and

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