UniCredit’s journey from foreign predator to domestic consolidator

Massimo Tononi, chair of Milan-based Banco BPM, received a call late on Sunday evening from an unexpected caller: Andrea Orcel, chief executive of its crosstown rival UniCredit. Orcel had picked up the phone to inform Tononi that UniCredit would announce an unsolicited €10.1bn takeover bid for his bank first thing on Monday morning. The surprise … Read more

Lando Norris: The factors that undid McLaren driver’s F1 world title bid against Max Verstappen in 2024 | F1 News

After Lando Norris’ bid for a maiden Formula 1 title was officially ended by Max Verstappen, Sky Sports F1 analyse the key issues that caused the McLaren driver to fall short. The Brit’s unlikely challenge concluded at the Las Vegas Grand Prix as Verstappen sealed his fourth successive drivers’ crown with two races to spare. … Read more

Early election showing stuns Romania

An independent candidate with a nationalist background has stunned Romania and alarmed its allies by coming first in the initial round of the presidential elections on Sunday. Calin Georgescu is a 62-year-old expert on sustainable development and agriculture, with no party of his own, but a background in the Alliance for the Union of Romanians … Read more

Firms forced into ‘damage control’ mode after U.K. budget, CBI chief warns

Since the U.K.’s Labour government released its budget last month, the resounding tone within businesses has been of panic and concern over a steep tax increase worth £40 billion, largely funded by hikes in employers’ contributions to national insurance.  Higher business charges will leave firms scrambling to control costs while ensuring profits remain unharmed and … Read more

Mohamed Salah Liverpool contract talks ongoing

Mohamed Salah in action for Liverpool against Southampton (Photo by Michael Steele/Getty Images) Liverpool remain in discussions with Mohamed Salah’s representatives over a new contract, sources close to the club have told CaughtOffside. The Reds are facing a mini crisis at the moment with all three of Salah, Virgil van Dijk and Trent Alexander-Arnold being … Read more