Italy’s TIM leaning towards KKR for talks over grid sale, sources say
By Giuseppe Fonte and Elvira Pollina ROME (Reuters) – Telecom Italia (TIM) is leaning towards entering talks with KKR over…
Economy
Stocks rally stalls, eyes on Powell testimony for US rate clues
By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares fell from 14-month highs hit last week, as investors…
China-U.S. climate partnership vital despite differences, Kerry says
By Philip Pullella VATICAN CITY (Reuters) – U.S. climate envoy John Kerry said on Monday that the United States and…
ECB hawks argue for more hikes even as Lane opens door to pause
FRANKFURT (Reuters) -The European Central Bank should err on the side of further interest rate hikes as inflation could come…
AstraZeneca planning China business spin off -FT
(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in…
IMF working on global central bank digital currency platform
By Ahmed Eljechtimi RABAT (Reuters) – The International Monetary Fund (IMF) is working on a platform for central bank digital…
ECB is data-driven, Sept decision too far off to call – Lane
MADRID (Reuters) – The European Central Bank is likely to raise interest rates again next month but it is too…
GE says all options on the table over engine for stretched A220
PARIS (Reuters) – GE Chairman and GE Aerospace CEO Larry Culp said on Monday all options were on the table,…
Air taxi maker races to serve Paris Olympics as sector struggles for funds
By Allison Lampert, Joanna Plucinska and Maiya Keidan PARIS/TORONTO (Reuters) -A year ahead of the Paris Olympics, flying taxi maker…
Exclusive-World Bank set to approve $700 million for Sri Lanka next week -sources
By Uditha Jayasinghe COLOMBO (Reuters) – The World Bank is likely to approve $700 million in budgetary and welfare support…