Category Archives:
Telecom Italia confirms CVC bid for stake in services arm, talks with KKR ongoing
MILAN (Reuters) - Italian phone group Telecom Italia (TIM) said on Monday it had received a non-binding proposal from CVC Capital Partners for a minority stake in its enterprise services arm, confirmi...
Mar 28, 2022
Japan PM will order govt to start work on inflation measures on Tuesday
TOKYO (Reuters) - Japan's prime minister will order the government on Tuesday to compile by the end of April emergency measures intended to fight inflation of oil and other goods, fuelled by the Ukrai...
Mar 28, 2022
S.Africa’s Telkom says it can fund $144 million cost for spectrum
JOHANNESBURG (Reuters) - Telkom said on Monday it had enough room on its balance sheet to pay 2.1 billion rand ($143.73 million) for bands of radio frequency spectrum it bought in a recent auction, de...
Mar 28, 2022
German first-quarter dealmaking slides to six-year low due to Ukraine war jitters
By Emma-Victoria Farr and Alexander Hbner (Reuters) - Mergers and acquisitions in Germany in the first three months of 2022 have dropped 10% from the same period in 2021 in what has been the slowest s...
Mar 28, 2022
Oscars organizer says it does not condone violence
(Reuters) - The organizer of the Oscars ceremony on Sunday tweeted that it does not condone violence following an incident in which actor Will Smith slapped presenter Chris Rock in the face on stage d...
Mar 28, 2022
Taiwan sees Ukraine war helping Chinese yuan’s internationalisation
TAIPEI (Reuters) - The war in Ukraine and Russia's effective exclusion from the global currency system could be an opportunity for China to raise the profile of its currency in a challenge to the U.S....
Mar 28, 2022
Apple to cut iPhone, AirPods output – Nikkei
(Reuters) - Apple Inc is planning to cut the output of its iPhone SE and AirPods devices, the Nikkei reported on Monday, citing sources. The company plans to make about 20% fewer iPhone SEs next quart...
Mar 28, 2022
U.S. FDA approves UCB’s drug for rare childhood epilepsy
(Reuters) - UCB SA said on Monday the U.S. Food and Drug Administration (FDA) approved its drug to treat seizures associated with Lennox-Gastaut Syndrome (LGS), a rare form of childhood epilepsy. (Rep...
Mar 28, 2022
Japan to revise foreign exchange law to end crypto loophole for sanctions on Russia
By Kantaro Komiya TOKYO (Reuters) - Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow's invasion of Ukraine through cryptocurrency ...
Mar 28, 2022
Apple TV+ makes history as first streamer to win best picture Oscar
By Dawn Chmielewski (Reuters - Apple TV+ made history on Sunday as the first streaming service to win a best picture Oscar for "CODA," a heartwarming drama about the daughter of deaf parents who pursu...
Mar 28, 2022
Peoria, IL, USA
45 °F Overcast
