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Bank of Italy head could leave post early – paper
ROME (Reuters) - The governor of the Bank of Italy could leave his post in October, a year ahead of schedule, paving the way for the appointment of a successor before a general election due in the fir...
Syndicated Content Jun 28, 2022
G7 leaders agree to study Russian energy price caps – officials
GARMISCH-PARTENKIRCHEN, Germany (Reuters) - G7 leaders have agreed to study potential price caps on Russian oil and gas in a bid to limit Moscow's ability to fund its invasion of Ukraine, G7 officials...
Syndicated Content Jun 28, 2022
IMF delivers targets to Pakistan in step toward restoring bailout
By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD (Reuters) - Pakistan said on Tuesday that it has received economic and financial targets from the International Monetary Fund (IMF) that once agre...
Syndicated Content Jun 28, 2022
Elevator maker Kone divests Russia business
COPENHAGEN (Reuters) - Finnish elevator maker Kone said on Tuesday it will sell its business in Russia to local management for an undisclosed amount. The firm had already reduced its activities after ...
Syndicated Content Jun 28, 2022
Hedge funds turn tail as commodities crumble on recession rumble: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) - Buy and hold, maximum long. That has basically been the strategy for commodity hedge funds for the last couple of years, but it is fast losing its luster. C...
Syndicated Content Jun 28, 2022
Australia’s Sayona, partner approve restart of Quebec lithium plant operation
(Reuters) - Lithium producer Sayona Mining and its U.S.-based partner Piedmont Lithium Inc approved restart of their spodumene plant in Canada at a cost of C$98 million ($76.19 million), the Australia...
Syndicated Content Jun 28, 2022
Ericsson’s $6.2 billion Vonage takeover delayed over U.S. review
OSLO/STOCKHOLM (Reuters) - Ericsson said on Tuesday the closing of its $6.2 billion Vonage acquisition was delayed to the end of July, from the first half of the year, due to a pending investigation b...
Syndicated Content Jun 28, 2022
Valeo strikes deal to deliver driving assistance systems to BMW’s electric vehicle platform
PARIS (Reuters) - French car parts company Valeo said on Tuesday it had won a major contract with BMW to equip the German carmaker's upcoming electric vehicle platform with its advanced driving assist...
Syndicated Content Jun 28, 2022
Julius Baer CEO says Switzerland needs two big banks to fuel competition – report
ZURICH (Reuters) - Switzerland needs two big banks to fuel competition, the chief executive officer of Julius Baer said in a newspaper interview amid speculation about the future of Credit Suisse, the...
Syndicated Content Jun 28, 2022
Boost for luxury London property prices as Russians locked in
By Carolyn Cohn and Kirstin Ridley LONDON (Reuters) - The war in Ukraine is making it hard for even unsanctioned Russians to sell exclusive residential property in Britain, adding to a shortage of sup...
Syndicated Content Jun 28, 2022
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