KKR strengthens lead in Telecom Italia race by raising its bid
By Elvira Pollina and Akriti Sharma MILAN (Reuters) -U.S. fund KKR strengthened its lead in the race to secure the…
Business
Sri Lanka lifts import limits on 286 items as crisis eases
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday,…
Rheinmetall could be worth 17 billion euro over medium term-CEO
BERLIN (Reuters) – The CEO of Germany’s largest defence contractor Rheinmetall said he expected a further boost to the company’s…
Sweden’s Essity divests Russian operations
(Reuters) – Swedish hygiene products group Essity has divested its operations in Russia, the company said in a statement on…
Analysis-City distances itself from hedge fund boss Odey in tentative #MeToo shift
By Nell Mackenzie, Sinead Cruise and Naomi Rovnick LONDON (Reuters) – Big banks and investors quickly sought to distance themselves…
Swiss National Bank Chairman hints at rate rises to tackle inflation
ZURICH (Reuters) – The Swiss National Bank could raise interest rates to tackle inflation which remains above target, Chairman Thomas…
Twitter to pay verified creators for ads in replies, Musk says
(Reuters) -Twitter will soon begin paying verified content creators for ads in their replies, with the first payment block of…
FTX customer names will not be revealed by bankruptcy court
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt crypto exchange FTX received court permission on Friday to remove customer names…
U.S. stocks end a tad higher as Tesla rallies
By Sruthi Shankar, Shristi Achar A and David Carnevali (Reuters) – The S&P 500 closed higher on Friday but off…
US Chamber of Commerce sues over government’s drug pricing power
By Jonathan Stempel (Reuters) -The U.S. Chamber of Commerce on Friday sued the federal government, challenging a new law that…