Dow Jones Top Company Headlines at 3 AM ET: Intesa Plans to Cut 6,100 Jobs by 2029 in Savings Push | Julius ...
Intesa Plans to Cut 6,100 Jobs by 2029 in Savings Push
The lender is looking to strike a balance between expanding its top and bottom lines while continuing to hand excess capital to shareholders.
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Julius Baer Posts Expected Drop in Profit
Julius Baer reported a sharp drop in profits for 2025 due to a series of previously flagged one-offs including credit write-downs and the sale of its Brazilian subsidiary.
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How a Silicon Valley Startup Became a Crypto Lifeline for Venezuela
Cryptocurrency fintech Kontigo, which recently raised $20 million from Coinbase and others, is under fire for its role in helping Venezuelans avoid sanctions.
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Luxury Brands Need a Comeback in China. They Shouldn't Count on It.
Even with a stock market that is outperforming the S&P 500, Chinese shoppers aren't flocking to luxury brands as they once did.
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Oracle amps up its AI bet with a plan to raise as much as $50 billion this year
After issuing an $18 billion bond offering last fall, Oracle intends to tap the debt and equity markets anew in 2026.
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BlueScope Steel Open to Better Offers After Spurning $8.8 Billion Takeover Bid
BlueScope Steel isn't in talks with suitors Steel Dynamics and SGH but would be open to a takeover proposal that meets its expectations, the company's new chief executive officer said in an interview.
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KKR-Led Group Set to Buy Singapore Data-Center Firm Valued at Over $10 Billion
The consortium is nearing a deal to acquire ST Telemedia Global Data Centres valued at over $10 billion.
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The AI Boom Is Coming for Apple's Profit Margins
Parts for iPhones to cost more owing to surging demand from AI companies.
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The $100 Billion Megadeal Between OpenAI and Nvidia Is on Ice
Nvidia CEO Jensen Huang has privately played down the likelihood the original deal will be finalized, although the two companies will continue to have a close collaboration.
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Disney Earnings Need to Show Parks and Streaming Growth
Shareholders have been keenly focused on Disney's streaming growth as linear TV continues to see declines in viewership.
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French Firm to Sell Division That Helps ICE Track Immigrants
Capgemini announced the move after criticism of a contract to identify and find immigrants in the U.S.
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The CEO Steering Hyundai's $26 Billion U.S. Bet-and Its Push Into Robots
In an interview, Jose Muñoz, the automaker's first non-Korean leader, says he wants to build factories in the U.S. faster.
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Elon Musk's SpaceX and xAI Are Planning a Megamerger of Rockets and AI
Combining Musk's artificial-intelligence and space-exploration firms would be the latest tie-up of the entrepreneur's companies
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High-Speed Internet Boom Hits Low-Tech Snag: a Labor Shortage
There aren't enough linemen and other skilled workers to lay all the fiber-optic cable needed to achieve nationwide broadband internet.
(END) Dow Jones Newswires
February 02, 2026 03:15 ET (08:15 GMT)
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