Italy’s TIM leaning towards KKR for talks over grid sale, sources say
(Reuters) – Telecom Italia (BIT:TLIT) (TIM) is leaning towards entering talks with KKR over the sale of its prized landline…
ECB hawks argue for more hikes even as Lane opens door to pause
(Reuters) – The European Central Bank should err on the side of further interest rate hikes as inflation could come…
Paris air show takes off with record 500-plane Airbus deal
(Reuters) – Airbus announced a record 500-plane deal with Indian airline IndiGo on day one of the Paris Airshow on…
IMF working on global central bank digital currency platform
(Reuters) – The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable…
Chile’s Codelco must kick-start lithium industry while reviving copper output
(Reuters) – Chilean President Gabriel Boric, seeking to expand the country’s long-stalled lithium industry, has tasked state-owned Codelco, the world’s…
Oil falls on China growth uncertainties
(Reuters) -Oil prices fell on Monday as questions over China’s economy outweighed OPEC+ output cuts and the seventh straight drop…
AstraZeneca planning China business spin off -FT
(Reuters) – Drugmaker AstraZeneca (NASDAQ:AZN) is drafting a plan to spin off its China business, and listing a separate unit…
Air taxi maker races to serve Paris Olympics as sector struggles for funds
(Reuters) – A year ahead of the Paris Olympics, flying taxi maker Volocopter wants to prove to executives at the…
5 big analyst picks & cuts: ASML and Applied Materials slashed to Neutral
ASML downgraded to Neutral ASML (NASDAQ:ASML) shares fell more than 2% on Friday after New Street Research downgraded the company…
Stocks rally stalls, eyes on Powell testimony for US rate clues
(Reuters) – Global shares drifted on Monday from 14-month highs hit last week, as investors awaited testimony from U.S. Federal…