In a joint statement on Wednesday, the two companies said the ChatGPT maker would invest directly and indirectly in start-ups developing AI...

The government in March had announced its intention to set up an investment fund to promote projects in the AI sector, backed by CDP, as pa...

Backed by CDP Venture Capital, a unit of state lender Cassa Depositi e Prestiti (CDP), the fund could raise a further 2 billion euros from ...

Italian banks such as Intesa Sanpaolo and UniCredit fell more than 5% after Deputy Prime Minister Matteo Salvini said the 40% levy on banks...

State regulators closed New York-based Signature Bank on Sunday, the third largest failure in US banking history, two days after authoritie...

Shares of Telecom Italia (TIM) jumped 4.1% as Italian state lender CDP said on Sunday its board had approved a non-binding offer for the fi...

SBI has hiked the minimum interest rates for home loans to 7.55 per cent. The move follows a 50 basis points hike in repo rate to 4.90 per ...

FEL owes lenders and bondholders a total of ₹6,778 crore. Out of the ₹1,266 crore, State Bank of India (SBI) received the largest amount of...

Rome typically welcomes foreign investments but demands assurances that investors will follow the country's national interests. The governm...

The global spread of coronavirus holds lesson for global value chains to rethink their future strategies.

Strength among retailers also propped up the market.

KKR was in contention to acquire Jaypee's cement units, which was clinched by Aditya Birla-led UltraTech Cements for Rs 16,000 crore, mostl...

The Bank of Italy gave EUR 2 bn in emergency funds to struggling Monte dei Paschi bank in 2011 but this was not a secret operation.

With a gaping public deficit, the euro zone's second largest economy wants to be sure it is not sucked into the bloc's game of debt-crisis ...

Switzerland is fast emerging as the fund-raising hub for Indian companies, which are looking to borrow from Europe's new pool of money.

Italian auto giant Fiat may launch a fresh push to buy Opel, the European arm of US automaker General Motors, a press report said.

Alitalia said on Monday it had received the euro300 million (US$464 million) loan that the Italian government approved last month to stave ...