Skip to main content
Bloomberg Logo
Bloomberg

Articles by Bloomberg

Bloomberg

Intesa's Offer for Paschi Is the Only 'Real' One, CEO Messina Says

Intesa Sanpaolo CEO Carlo Messina discusses the lender's offer to buy Italian rival Banca Monte dei Paschi for 30.6 billion ($35.3 billion). "The only real offer now in the market is the Intesa Sanpaolo offer," Messina tells Bloomberg's Francine Lacqua, calling Banco BPM's proposal of a merger of equals merely a "love letter."

Read more: Intesa's Offer for Paschi Is the Only 'Real' One, CEO Messina Says
Bloomberg

Stocks Extend Rebound; BofA Warns of 'Bear Market Signposts'

A rebound in equities that began on Wall Street extended into Asia, as cheaper valuations for artificial intelligence shares lured investors. Meanwhile, Bank of America Securities strategists led by Savita Subramanian warned that an increasing number of "bear market signposts" point to an approaching top. Bloomberg's David Savage reports.

Read more: Stocks Extend Rebound; BofA Warns of 'Bear Market Signposts'
Bloomberg

Bombardier Invests $78M to Expand Singapore Service Hub

Paul Sislian, Executive Vice President, Aircraft Sales and Bombardier Aftermarket Services, says it will nearly double the company's Singapore service footprint. The Canadian business jet manufacturer says this expansion represents a significant bet on Asia-Pacific, creating hundreds of highly skilled aerospace jobs. Paul speaks with Haslinda Amin on "Insight with Haslinda Amin."

Read more: Bombardier Invests $78M to Expand Singapore Service Hub