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What happens to Italian tycoon Del Vecchio’s $29 billion fortune?

By Valentina Za and Claudia Cristoferi MILAN (Reuters) – Leonardo Del Vecchio leaves a business empire worth 27 billion euros ($29 billion), ranging from the eyewear company that was his.

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Bernstein Believes Apple TV+ Will ‘Likely Never be Material Financially’

By Sam Boughedda Bernstein analyst Toni Sacconaghi believes that Apple’s (NASDAQ:AAPL) streaming service will likely never be material financially for Apple. In a note to clients Monday, Sacconaghi explained that.

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AstraZeneca gets EU backing for targeted breast cancer therapies

(Reuters) – AstraZeneca (NASDAQ:AZN) said on Monday two of its existing therapies were recommended for treating patients with some forms of high-risk breast cancers in the European Union, in a.

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Amazon Still the ‘King of Summer Sales’ – Jefferies

By Sam Boughedda According to Jefferies analyst Brent Thill, Amazon (NASDAQ:AMZN) remains the king of the summer sales season. In a research note released Monday, the analyst said they estimate.

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U.S. Supreme Court won’t hear Apple’s bid to revive Qualcomm patent challenges

By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear Apple Inc (NASDAQ:AAPL)’s bid to revive an effort to cancel two Qualcomm (NASDAQ:QCOM) Inc smartphone patents.

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Empty shelves, huge discounts as Russia’s Decathlon stores close

MOSCOW (Reuters) – Empty shelves and prices discounted by as much as 70% greeted shoppers who visited Decathlon stores in Russia over the weekend before the French sports equipment retailer.

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U.S. court upholds Arizona land swap deal for Rio Tinto copper mine

(Reuters) – A U.S. appeals court has ruled that the federal government may transfer thousands of acres in Arizona to Rio Tinto (NYSE:RIO) Plc for a copper mine in a land swap.

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Global M&A braces for dry spell as boardrooms put expansion on hold

By Pamela Barbaglia and Anirban Sen LONDON/NEW YORK (Reuters) – Global dealmaking is entering an arid season as raging inflation and a stock market rout curb the appetite of many.

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China proposes rules to regulate private pension investment via mutual funds

SHANGHAI (Reuters) – China’s securities regulator proposed rules to regulate private pension investment via mutual funds, setting the criteria for qualified products and sales agents under a scheme that will.

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Pfizer/BioNTech say Omicron-based COVID shots improve response vs that variant

By Michael Erman NEW YORK (Reuters) – Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) said on Saturday that a booster dose of updated versions of their COVID-19 vaccine, modified specifically to combat.

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