Category Archives:
Parties bidding for TIM’s grid want more time for talks
MILAN (Reuters) -The potential bidders for Telecom Italia's (TIM) network assets have asked for more time for talks given the size of the transaction, Italy's biggest phone group said on Monday. Italy...
Oct 10, 2022
France taps strategic fuel stocks to avoid sugar factory stoppages
By Sybille de La Hamaide PARIS (Reuters) - France has released strategic fuel reserves for sugar producers after they warned that a lack of diesel impacting the harvesting of sugar beet could lead to ...
Oct 10, 2022
PayPal says it never intended to fine users for “misinformation” – Bloomberg News
(Reuters) - PayPal Holdings Inc has no intention of fining customers for spreading "misinformation", Bloomberg News reported on Monday, after a new user agreement outlining such a plan from the digita...
Oct 10, 2022
Factbox-Companies sell their businesses in Russia
(Reuters) - Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they seek to comply with sanctions over the Ukraine conflict and deal with threats fr...
Oct 10, 2022
World Bank’s Malpass, IMF’s Georgieva see rising risks of global recession
By Andrea Shalal and David Lawder WASHINGTON (Reuters) - World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of...
Oct 10, 2022
Factbox-Strained emerging economies in focus at the IMF World Bank meeting
LONDON (Reuters) - The annual IMF/World Bank meetings in Washington D.C. from Monday to Saturday will include talks on a number of emerging markets squeezed by rising inflation and borrowing costs aga...
Oct 10, 2022
UK court says Elliott, Jane Street can sue LME for cancelled nickel trades
By Pratima Desai LONDON (Reuters) - A British court has granted permission for U.S.-based hedge fund Elliot Associates and Jane Street Global Trading to sue the London Metal Exchange (LME) for cancell...
Oct 10, 2022
Monte dei Paschi to hold board meeting on cash call on Tuesday – source
MILAN (Reuters) - The board of Monte dei Paschi di Siena will meet on Tuesday over a planned 2.5 billion euro ($2.4 billion) new share sale, a person close to the matter said, while it is still unclea...
Oct 10, 2022
Factbox-Automakers accelerate drive to secure battery raw materials
(Reuters) - Rising demand for electric vehicles (EV) around the world is encouraging automakers such as Tesla Inc, Volkswagen and Stellantis NV to step up efforts to secure raw materials needed for ma...
Oct 10, 2022
In a land of spas, Hungary’s cave bath falls victim to soaring gas prices
By Krisztina Fenyo MISKOLCTAPOLCA, Hungary (Reuters) - Staff turned off the lights and started draining the pools at Hungary's famous Miskolctapolca cave baths on Monday, after the centuries-old attra...
Oct 10, 2022
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