“Silvio, Silvio” – Berlusconi divides Italy even at his funeral
By Emilio Parodi and Giulio Piovaccari MILAN (Reuters) -Italy bade farewell to four-times prime minister Silvio Berlusconi on Wednesday at…
Business
Flipkart and PhonePe could be $100 billion businesses in India, Walmart says
By Siddharth Cavale NEW YORK (Reuters) – Walmart’s Flipkart marketplace and PhonePe payments business in India could be $100 billion…
BlackRock CEO Fink says he does not plan to leave the firm ‘any time soon’
By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) – BlackRock Inc chairman and Chief Executive Officer Larry Fink said…
European shares rise on Fed pause hopes
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) – European shares rose on Wednesday, supported by banks and miners, ahead…
Former SoftBank chief launches fund focused on LatAm startups
MEXICO CITY (Reuters) – The former chief executive of SoftBank Group International, Marcelo Claure, on Wednesday launched a fund focused…
France’s indebted Casino set for battle of billionaires
By Mathieu Rosemain, Chiara Elisei and Laura Lenkiewicz PARIS (Reuters) -Jean-Charles Naouri is set to lose his 30-year grip on…
CFPB ‘open banking’ proposal due in October: official
(Reuters) – The Consumer Financial Protection Bureau, the top U.S. agency supervising the retail financial services sector, is due to…
Exclusive-Bill Gates in China to meet President Xi on Friday – sources
By Julie Zhu HONG KONG (Reuters) -Bill Gates, Microsoft Corp’s co-founder, is set to meet Chinese President Xi Jinping on…
US banks have strengthened liquidity after spring turmoil but must remain vigilant -regulator
By Pete Schroeder WASHINGTON (Reuters) – A top U.S. bank regulator said on Wednesday that while banks have strengthened their…
FACTBOX-LVMH roles held by Bernard Arnault’s children
PARIS (Reuters) – LVMH Chairman and CEO Bernard Arnault’s five children are increasingly stepping into the spotlight as they move…