The shares of the Finnish company, which will have to finance the deal – valued at 1.5 billion – are moving in the opposite direction, partly due to a capital increase

In Paris, Saint-Gobain stands out with the sale of its Dahl assets in Scandinavia to Kesko

Since hitting a low of around €270 last March, following the outbreak of war in Iran, Ferrari has recovered by around 17%

A snapshot of Ferrari following Hamilton’s victory

The ceasefire agreement between the United States and Iran is also bolstering European stock markets, which have reached new highs today, whilst pushing down the price of oil. The Milan FTSE MIB, in particular, has surpassed the 52,000-point mark for the first time, ahead of the official signing of the agreement, scheduled for Friday in Geneva

Stock markets: Wall Street closes sharply higher; Nasdaq up 3.07%. SpaceX soars - 

The Ministry sees no antitrust risks in the $111 billion deal

Paramount: US Department of Justice gives the green light to the acquisition of Warner Bros

Air travel: EU-wide agreement on compensation; the three-hour threshold for delays remains in place

IATA: ‘It will take at least two years to bring jet fuel prices back to pre-crisis levels’

Instagram and Facebook are down: here’s what’s happening with Meta’s platforms

On the Paris stock exchange, all the major groups in the sector are up by around 5% at midday: LVMH, Kering and Hermès

Luxury: European shares rise on speculation of the Strait of Hormuz reopening - 

For the sector, however, this is an opportunity to catch its breath following the recent rallies: since the start of the year, performance has remained largely positive

Selling in oil stocks as crude prices fall. Eni shares slide

Market participants are speculating about possible new developments following the launch of Intesa Sanpaolo’s takeover bid for MPS

Banks surge on the Milan Stock Exchange amid ECB rate hike and risk aversion

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