By Elvira Pollina and Giuseppe Fonte ROME (Reuters) -Italy’s Treasury is ready to back a joint purchase proposal for Telecom Italia’s (TIM) grid by KKR and state lender CDP in a bid to end a stalemate over the sale process of the phone group’s prized asset, sources told Reuters. TIM directors on Thursday set a …
Italian Treasury ready to back KKR-CDP joint bid for Telecom Italia’s grid Read More »
MADRID (Reuters) – Spanish media company Prisa said on Friday its second-largest shareholder Vivendi, had obtained the Spanish government’s go-ahead to raise its stake in the publisher of the El Pais newspaper. The Spanish government has given authorisation for Vivendi to exchange the Prisa convertible bonds it acquired in February into equity, Prisa said in …
Spain gives Vivendi approval to raise stake in media group Prisa Read More »
By Philip Pullella VATICAN CITY (Reuters) -Pope Francis on Friday praised the work of an international Vatican commission on sexual abuse prevention, following the recent acrimonious resignation of a high-profile member who accused it of lacking transparency. In an address to a plenary session of the Pontifical Commission for the Protection of Minors, Francis made …
After acrimonious resignation, Pope tells abuse commission to ‘move forward’ Read More »
MADRID (Reuters) – Spain’s main unions and representatives of employers reached a preliminary agreement on Friday to grant a 4% wage increase across the board in 2023, El Pais newspaper reported, citing unidentified sources close to the negotiation. The agreement also included wage increases of 3% in 2024 and in 2025, the newspaper as well …
Spain’s unions and employers agree to raise wages by 4% in 2023 Read More »
By Farouq Suleiman LONDON (Reuters) – Heavy bursts of rain could dampen King Charles’ coronation celebrations in London on Saturday, according to Britain’s Met Office forecaster. Rain is likely to hit the capital from mid-morning, Chief Meteorologist Matthew Lehnert said. Charles is due to leave Buckingham Palace and travel along a mile-long ceremonial procession through …
Long to rain over us: Heavy showers could hit King Charles’ coronation Read More »
By Antonio Bronic DUBONA, Serbia (Reuters) – Eight people were killed and at least 10 were wounded in a shooting in the town of Mladenovac, south of Belgrade, local media reported, with police setting up roadblocks in their hunt for the gunman. The shooting comes less than 48 hours after a 13-year old boy shot …
Eight dead in second Serbian shooting, police hunt killer Read More »
By Praveen Menon and Roushni Nair (Reuters) -Australia’s Macquarie Group on Friday forecast higher short-term income from its lucrative commodities trading business as price volatility and increased hedging boosted the company’s annual profit to a record high. The Ukraine war and unpredictable weather in North America have turned Macquarie’s oil, gas and power trading unit …
Macquarie posts record profits on higher income from commodities arm Read More »
By Pavel Polityuk KYIV (Reuters) -Russian drones attacked the Ukrainian capital Kyiv on Thursday evening, the fourth assault in as many days subjecting residents to spasms of gunfire and explosions, and at least one drone was shot down. City authorities had declared an alert for Kyiv and the surrounding area. Residents who had gone to …
Drones attack Ukrainian capital, Moscow says US behind Kremlin drone Read More »
WASHINGTON (Reuters) -Azerbaijan and Armenia have made “tangible progress” towards a peace agreement in negotiations this week in Washington, U.S. Secretary of State Antony Blinken said on Thursday. Armenia and Azerbaijan have fought two wars over 30 years focusing on the territory of Nagorno-Karabakh, recognised as part of Azerbaijan but populated mainly by Armenians. In …
Blinken says Armenia and Azerbaijan make ‘tangible progress’ in peace talks Read More »
By Nandita Bose and David Shepardson WASHINGTON (Reuters) -President Joe Biden met with CEOs of top artificial intelligence companies including Microsoft and Alphabet’s Google on Thursday and made clear they must ensure their products are safe before they are deployed. Generative artificial intelligence has become a buzzword this year, with apps such as ChatGPT capturing …
Biden meets Microsoft, Google CEOs on AI dangers Read More »
