By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Telecom Italia (TIM) has granted U.S. fund KKR a period of exclusive negotiations for the sale of its landline grid, the Italian phone group said on Thursday. TIM’s board unanimously mandated CEO Pietro Labriola to start talks with KKR aimed at obtaining a binding offer no later…
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Telecom Italia (TIM) has granted U.S. fund KKR a period of exclusive negotiations for the sale of its landline grid, the Italian phone group said on Thursday. TIM’s board unanimously mandated CEO Pietro Labriola to start talks with KKR aimed at obtaining a binding offer no later…
(Reuters) – General Electric’s aerospace unit said on Thursday it has signed an agreement with India’s state-owned Hindustan Aeronautics Ltd to make fighter jet engines for the Indian Air Force. The development comes at a time when Indian Prime Minister Narendra Modi is on an official state visit to the United States. The agreement includes…
(Reuters) – A debris field that was found near the wreckage of the Titanic in the North Atlantic has been assessed to be from the missing Titan submersible’s external body, CNN reported on Thursday, citing sources. (Reporting by Rami Ayyub in Washington; Editing by Eric Beech)
BRASILIA (Reuters) -Brazilian financial markets on Thursday showed many traders still betting the central bank will kick off a cycle of interest rate cuts in August, even as some economists ruled it out based on the tone of the bank’s latest policy statement. The central bank held its benchmark interest rate at a six-year high…
By David Morgan WASHINGTON (Reuters) – U.S. House Republicans turned aside an attempt by hardline conservatives to force an impeachment vote against President Joe Biden on Thursday, in the first of what could prove to be a series of impeachment efforts by members of the far right. The House of Representatives voted 219-208 along party…
By Khalid Abdelaziz PORT SUDAN (Reuters) – Elsafi Mahdi was separated from his wife and three younger children on June 1 near Sudan’s border with Egypt. He does not know when he’ll see them again. Like many families fleeing the war in the capital Khartoum, Mahdi, a prominent music teacher and conductor, left home without…
By Sara Merken (Reuters) -Plaintiffs’ lawyers have asked a San Francisco federal judge to award more than $181 million in legal fees as part of a $725 million data privacy settlement with Facebook parent company Meta Platforms resolving claims over sharing of user information with third parties. Co-lead counsel at plaintiffs law firms Keller Rohrback…
By Luc Cohen NEW YORK (Reuters) -Donald Trump’s push for a new trial in the civil case in which a Manhattan jury last month found the former U.S. president had sexually abused and defamed the writer E. Jean Carroll is “magical thinking,” Carroll’s lawyers said on Thursday. Trump, the front-runner for the 2024 Republican presidential…
By Hyunjoo Jin and Greg Bensinger SAN FRANCISCO (Reuters) – Forget about famed boxing bouts like the Rumble in the Jungle or the Thrilla in Manila — billionaire social media moguls Elon Musk and Mark Zuckerberg have been egging each other into a mixed martial arts cage match in Las Vegas. In recent days, Twitter…
