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UniCredit CEO says prepared to wait on Commerzbank decision
UniCredit CEO says prepared to wait on Commerzbank decision
Economy
by  AFP

UniCredit's chief executive said Wednesday he could wait until 2027 to determine whether a takeover of Germany's Commerzbank made sense for Italy's second-largest bank. "At this point, patience is the most important point because we need to execute on our plan, get it done well," said UniCredit chief executive Andrea Orcel Wednesday.

Global music business raked in $29.6 bn in 2024: report
Global music business raked in $29.6 bn in 2024: report
Economy
by  AFP

The global music industry raked in a record $29.6 billion last year as online streaming propelled revenues to their highest level since records began in the 1990s, new figures showed on Wednesday. Streaming now accounts for more than two-thirds (69 percent) of global revenues, or $20.4 billion.