The carmaker projected a drop in fiscal-year net profit, citing heightened competition and high inflation, after it posted lower quarterly net profit.

The Italian payments company launched its up to $538 million buyback program after underlying earnings rose 9% in the first quarter.

Mistral AI is nearing a deal to raise funds at a $6 billion valuation—nearly tripling its level from six months ago.

The Bank of England will likely make its first move in August, despite a weak outlook for economic growth.

Malaysia’s central bank held its benchmark interest rate unchanged again, extending its policy pause to a year as it keeps a watchful eye on growth and inflation.

Hipgnosis had agreed to the $1.25 a-share offer from Concord, but withdrew its recommendation after agreeing to a higher deal from Blackstone.