TIM to seek new round of higher bids for landline grid – sources
MILAN (Reuters) – Telecom Italia (TIM)’s CEO Pietro Labriola is expected to propose to directors to seek further improvements of…
Europe
Investors pile into cash, but snap up Chinese stocks in tricky markets
LONDON (Reuters) – Uncertainty over the economic outlook and the banking sector prompted investors to move money back into cash…
Global money market funds see big inflows in the week to April 26
(Reuters) – Investors put their cash in the relative safety of global money market funds in the seven days to…
World’s biggest bond markets left picking up the pieces after March mayhem
By Yoruk Bahceli and Davide Barbuscia AMSTERDAM/NEW YORK (Reuters) – In mid-March, as prices for U.S. Treasury bonds swung wildly…
Florida Governor DeSantis meets Britain’s foreign minister in London
LONDON (Reuters) – Ron DeSantis met Britain’s foreign minister James Cleverly during a visit to London on Friday aimed at…
EU sees urgency in bolstering bank resilience after turmoil
By Jan Strupczewski and Balazs Koranyi STOCKHOLM (Reuters) – Last month’s turmoil in the banking sector barely affected European Union…
Scores of world figures urge Putin to free Navalny in open letter
(Reuters) – Scores of famous figures, including writers and actors, have signed an open letter urging Russian President Vladimir Putin…
Wall Street ends sharply lower, Treasury yields slide as recession fears mount
(This April 25 story has been corrected to rectify the name of the firm to Morgan Stanley Investment Management, not…
Russia should not take temporary control of foreign banks’ units -central bank
MOSCOW (Reuters) – Taking over the temporary management of foreign banks’ divisions in Russia would not be appropriate, Central Bank…
Russian central bank keeps future hikes on table as it holds rates
By Vladimir Soldatkin, Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s central bank held its key interest rate at…