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Italy Consumer Confidence At 13-Month High

Italy's consumer confidence strengthened for the second straight month in March, reaching its highest level in just over a year, survey results from the statistical office Istat showed on Tuesday. ....

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Alibaba Group To Split Into Six Independently Managed Groups

Alibaba Group Holding Ltd. (BABA) announced Tuesday a new organizational and governance structure to empower all its businesses to become more agile, enhance decision making, enable faster responses to market changes, and promote innovation to capture opportunities in their respective markets and industries, thereby unlocking the value of Alibaba Group's various businesses. ....

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TravelCenters Of America Issues Update On ARKO's Proposal

TravelCenters of America Inc. (TA) confirmed that the Board has determined that the conditional, unsolicited and unfinanced proposal from ARKO Corp. (ARKO) to acquire TravelCenters of America is neither superior to the transaction it previously agreed to with BP Products North America Inc. ....

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Core & Main Q4 Results Miss Estimates; Guides FY22 Revenues Above View

Core & Main, Inc. (CNM), a distributor of water, wastewater, storm drainage and fire protection products, reported on Tuesday that net income attributable to the company for the fourth quarter grew to $54 million or $0. ....

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Banking crisis: Saudi bank chairman quits after Credit Suisse turmoil

The chairman of Credit Suisse’s largest shareholder has quit after his comments helped trigger the slump in its shares that led to its rescue. ....

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