By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Italian state lender CDP said on Sunday its board had approved a non-binding offer for the fixed-line network of former phone monopoly Telecom Ita[...]
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Australia
Board of Italy’s CDP meets Sunday over bid for Telecom Italia grid
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Italian state investor CDP has called a board meeting on Sunday which is expected to approve a long-delayed non-binding offer for the fixed networ[...]
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Italy close to approve CDP, Macquarie bid for TIM’s grid- Bloomberg News
(Reuters) – Italy is close to granting preliminary approval to a multibillion-euro offer by state lender CDP and Macquarie Group for Telecom Italia’s landline network, Bloomberg News repor[...]
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Wall Street stocks power higher as Treasury yields and dollar ease
By Lawrence Delevingne and Elizabeth Howcroft (Reuters) – Wall Street stocks posted strong gains while Treasury yields and the dollar pulled back on Friday as data pointing to U.S. economic grow[...]
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Dollar heads for first weekly loss in five, crypto falls
By Kevin Buckland and Samuel Indyk LONDON (Reuters) – The U.S. dollar eased from a 2-1/2-month high versus the yen on Friday and looked set for its first weekly loss against major peers since Ja[...]
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Adani Group firms jump after GQG Partners’ $1.88 billion investment
BENGALURU (Reuters) – Shares of four Adani group companies rose between 5% and 10% on Friday, a day after U.S. boutique investment firm GQG Partners Inc picked up shares worth 154.46 billion rup[...]
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Dollar firms after U.S. labor data suggests more rate hikes
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar strengthened on Thursday after unemployment claims pointed to a still strong U.S. jobs market and other data showed growing[...]
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Wall St stocks, dollar power higher despite rate fears
By Lawrence Delevingne and Marc Jones (Reuters) -Global stock markets gained on Thursday, reversing earlier losses, as investors weighed indicators of economic strength with rising bond market costs a[...]
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Record retail theft puts pressure on Australian supermarket giants
By Byron Kaye SYDNEY (Reuters) – Retail theft has hit record levels in Australia, government statistics show, putting pressure on grocery giants Woolworths Group Ltd and Coles Group Ltd that are[...]
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