Category Archives:
Italy govt wants Telecom Italia network under state control
ROME (Reuters) - Italy's new government wants Telecom Italia's network to be under state control to speed up the digitalization of the economy, Industry Minister Adolfo Urso said on Monday. "We need t...
Nov 14, 2022
Ant’s consumer finance unit to boost its capital to $2.62 billion
HONG KONG (Reuters) - The consumer finance unit of China's Ant Group will boost the company's registered capital to 18.5 billion yuan ($2.62 billion) from 8 billion yuan previously, an exchange filing...
Nov 14, 2022
Swedish prosecutor says no evidence of crime in Ericsson bribery probe
OSLO (Reuters) - The Swedish Prosecution Authority on Monday said an investigation into suspected bribery payments made by employees at telecom equipment maker Ericsson had been dropped as there was n...
Nov 14, 2022
Factbox-Key regulatory measures to stabilise China’s embattled property sector
By Clare Jim HONG KONG (Reuters) - Chinese property stocks and bonds rose sharply on Monday after news of further support measures from Beijing to boost liquidity in the sector, hailed by one analyst ...
Nov 14, 2022
India’s smartphone shipments drop 10% in Q3 as prices hit record -IDC
BENGALURU (Reuters) - India's smartphone market fell by 10% year-on-year last quarter to 43.5 million units, marking the lowest third-quarter shipment since 2019, and a high inventory pile-up is expec...
Nov 14, 2022
Factbox-German government’s plan to reform welfare
BERLIN (Reuters) - Germany's upper house of parliament blocked a landmark welfare reform on Monday that was meant to raise payments to people on state benefits and help the unemployed gain new vocatio...
Nov 14, 2022
German antitrust watchdog widens Amazon probe under new regulation
BERLIN (Reuters) - Germany's antitrust watchdog said on Monday it had expanded two probes into U.S. e-commerce giant Amazon.com making use of new regulation allowing it to prohibit any anti-competitiv...
Nov 14, 2022
Brazil’s Embraer to get $413 million BNDES financing for aircraft production, exports
SAO PAULO (Reuters) - Brazilian planemaker Embraer SA said on Monday that the country's state development bank BNDES has approved a 2.2 billion real ($413.15 million) credit line to finance the firm's...
Nov 14, 2022
German upper house blocks landmark welfare reform
BERLIN (Reuters) - Germany's conservative opposition held up a major welfare reform on Monday, raising the prospect of a resolution process that the government hopes can still allow the introduction o...
Nov 14, 2022
Russian and U.S. officials holding talks in Turkey – Kommersant
(Reuters) - Russian and U.S. officials are holding talks in the Turkish capital Ankara, the Russian newspaper Kommersant reported on Monday, citing a source, amid continued high tensions between Mosco...
Nov 14, 2022
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