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Luigi Lovaglio

Italian banker, economist and businessman (b.1955)

  • Jul 17

    Monte dei Paschi criticises Intesa Sanpaolo's offer as inadequate, advances talks with Banco BPM

    The board of Banca Monte dei Paschi di Siena issued a preliminary negative opinion on Intesa Sanpaolo's €30.6 billion takeover offer, citing a below-average premium, antitrust risks, and an undervalued branch sale to Unipol, while advancing evaluation of a rival merger proposal from Banco BPM.

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Today’s Brief

Caracas crude heads for Texas

Floods devastate Nepal as Iceland rejects Brussels and Trump taps Venezuelan crude

A lethal Himalayan flood set the grimmest tone, while voters in Iceland cooled another round of European enlargement talk. In Washington, Donald Trump tied energy security to a sweeping Venezuelan oil pact, and NASA sent a new telescope to inspect the parts of the universe we still barely understand.

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  • US strike on Iran's Larak Island

    Targets Larak Island in a direct US strike, following Iran's retaliatory attack in Jordan, further widening the regional military confrontation.

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World · Updated 38m ago

The Middle East after Gaza

US forces struck Iranian territory on Larak Island and Iran retaliated against US bases in Jordan, while Trump threatened sanctions on Chinese banks, extending the pressure campaign beyond the region.

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