Assisi has long been a place of pilgrimage, but these days the faithful come not for Saint Francis but for a tech-savvy teen soon to become the first millennial saint.
While restructurings have been on the rise for sometime, M&As may soon become a new force in the distressed space and everyone, from the industry leaders to middle market players, will stand to benefit from it.
The US Senate on Wednesday confirmed Mike Huckabee, an evangelical Christian who has said Israel enjoys a divine right to the West Bank, as ambassador to Israel.
German auto giant Volkswagen said Wednesday that tariffs on car imports into the United States ordered by President Donald Trump had dragged down its first quarter operating profit.
The US retail giant Amazon is preparing to launch Wednesday its first full batch of Project Kuiper satellites, marking a crucial milestone in the battle with Elon Musk's Starlink to provide high-speed internet.
Delta Air Lines withdrew its full-year profit forecast Wednesday and shelved some planned capacity hikes, pointing to a weakening demand outlook amid recession worries and whipsawing trade wars.
NASA will prioritize sending astronauts to Mars, President Donald Trump's pick to lead the US space agency said Wednesday, shifting focus beyond a long-planned return to the Moon -- but insisting both were achievable.
US Defense Secretary Pete Hegseth said Wednesday during a visit to Panama that the United States does not seek war with China, but will counter what he called the threats it poses in the Americas.
Rescue workers raced Wednesday to find any remaining survivors under the rubble of a Dominican Republic nightclub, a day after the roof collapsed, killing at least 124 people in the country's worst disaster in two decades.
US President Donald Trump brushed off global market panic Wednesday after China and the European Union announced retaliatory tariffs, telling Americans to stay "cool" despite his spiraling trade war.
China on Wednesday rejected Ukrainian President Volodymyr Zelensky's claim that many Chinese citizens were fighting for Russia, calling it "absolutely groundless".
Germany's next leader, the conservative Friedrich Merz, vowed Wednesday to "move the country forward again" by boosting the economy and defence as he presented a deal to launch his coalition government by early next month.
Indian-owned steelmaking giant Tata Steel announced Wednesday it was slashing around 1,600 of the 9,200 jobs at its plant in the Netherlands, sparking a furious reaction from union leaders.
For Tony Healy, an Irish whiskey producer in Dundalk, near the UK border with Northern Ireland, US tariffs of 20 percent on EU alcoholic drinks were a huge and unexpected "curve ball".
Microsoft surpasses Apple as the world's most valuable company after tariffs trigger a sharp drop in Apple's stock.
While Donald Trump spared pharma companies from his tariff announcement last week, he revealed yesterday plans to announce tariffs on the industry soon.
The dour mood at Germany's crisis-hit auto giant Volkswagen has given way to angst and fury as US President Donald Trump has escalated a trade war against friends and foes alike.
Chinese consumers in Beijing mulled their their spending habits and said they are prepared to forego American brands if that means avoiding the pinch from the escalating trade war with Washington.
