By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) and state lender CDP have signed off a preliminary agreement on Sunday to combine the phone group’s fixed network assets with those of state-backed rival broadband firm Open Fiber, they said on Sunday. The move aims to pave the way to the creation of a single broadband…
(Reuters) – Israeli-Russian billionaire Yuri Milner said on Monday he has renounced his Russian citizenship after leaving the country in 2014. Milner is the founder of internet investment firm DST Global, and made a fortune by betting on Chinese tech companies like e-commerce platforms Alibaba and JD.com. “My family and I left Russia for good…
By Stephen Nellis (Reuters) – Apple Inc’s results beat expectations on Thursday, showing off the tech giant’s resilience in a slowing global economy thanks to better-than-expected iPhone sales and notable inroads in India and other newer markets. Shares of the largest U.S. company by market value rose 2% after Apple exceeded Wall Street’s expectations for…
By Marc Jones LONDON (Reuters) – Stock markets were sluggish and the dollar and bond yields shuffled higher on Thursday as the likelihood of a further jump in global borrowing costs, including a possible 100 basis point U.S. rate hike next week, kept the bears on the prowl. With recession worries still nagging, Wall Street…
(Reuters) – CBS News said on Monday Ingrid Ciprian-Matthews, award-winning journalist and veteran news executive, has been named president, after Neeraj Khemlani stepped down from the position on Sunday. The network also appointed insider Wendy McMahon as president and CEO of CBS News and Stations and CBS Media Ventures. She had previously shared oversight of…
SILVER SPRING, Md. (AP) — U.S. consumer confidence bounced back in March and remains high, though consumers’ short-term outlook is not quite as rosy. The Conference Board, a business research group, said Tuesday that its consumer confidence index — which takes into account consumers’ assessment of current conditions and their outlook for the future —…
By Chris Prentice and Tommy Wilkes WASHINGTON/LONDON (Reuters) – Major U.S. and European equity indexes rose in choppy trade on Wednesday, and the euro dropped to its weakest since 2017 after Russia halted gas supplies to Bulgaria and Poland and investors worried more about the region’s economy. Wall Street rose, rebounding the day after a…
(Reuters) – Apple Inc workers in Maryland voted on Saturday to join a union, becoming the first retail employees of the tech giant to unionize in the United States. More than 100 workers in Towson near Baltimore “have overwhelmingly voted to join the International Association of Machinists and Aerospace Workers,” the union said on its…
CANNES (Reuters) – Johnny Depp pushed back at suggestions he was making a comeback with the Cannes Film Festival’s opening movie “Jeanne du Barry” following a high-profile defamation trial a year ago, though he admitted people had “stopped calling” at the time. “I keep wondering about the word comeback, because I didn’t go anywhere,” Depp…
By Dan Williams JERUSALEM (Reuters) -Israeli Prime Minister Benjamin Netanyahu said he was “doing excellently” after an unscheduled pacemaker implant and would on Monday attend a key judicial reform vote that has brought nationwide protests to a boil and stirred calls for compromise. With the country ensnared in its worst domestic crisis in decades, President…
