Italy's Colao welcomes single network deal if competition preserved

Italy wants a stronger national telecoms network, Innovation Minister Vittorio Colao said on Saturday, adding this could be achieved by merging Telecom Italia (TIM) and Open Fiber assets as long as competition in the sector is maintained.

newspaper

03-09-2022

Stock rally fizzles, dollar retreats as U.S. jobs glow fade

A rally in world stocks flagged on Friday, while the U.S. dollar retreated from a 24-year high on the yen, after data that showed the U.S. labor market is starting to loosen failed to allay investor fears about aggressive interest rate hikes from the Federal Reserve.

newspaper

02-09-2022

Dollar set for weekly gain following mixed jobs data

NEW YORK (Reuters) -The dollar eased from a 20-year high on Friday after data showed the pace of U.S. hiring rose more than expected in August, but wage growth moderated and unemployment ticked higher, giving the Federal Reserve some wiggle room when it raises interest rates later this month.

newspaper

02-09-2022

Stock rally fizzles, dollar retreats after U.S. jobs data

A rally in world stocks fizzled on Friday while the U.S. dollar retreated from a 24-year high on the yen, after data that showed the U.S. labour market is starting to loosen failed to allay investors fears about aggressive interest rate hikes from the Federal Reserve.

newspaper

02-09-2022

Stocks zoom up, dollar retreats on US jobs data

World stocks rallied on Friday while the U.S. dollar retreated from a 24-year high on the yen, after data that showed the U.S. labour market is starting to loosen assuaged investor fears about aggressive interest rate hikes from the Federal Reserve.

newspaper

02-09-2022

SoftBank to cut at least 20% of Vision Fund staff - BBG

TOKYO (Reuters) -SoftBank Group Corp plans to cut at least 20% of staff at its Vision Fund investment arm, Bloomberg reported on Friday, after Chief Executive Masayoshi Son pledged to cut costs after a record $50 billion loss at the unit in the half year to June 30.

newspaper

02-09-2022

Former Trump White House counsel appears before grand jury probing Jan. 6

Pat Cipollone, the White House counsel during the Trump administration, appeared at federal court on Friday to testify before a grand jury probing events surrounding the Jan. 6, 2021, attack on the U.S. Capitol.

newspaper

02-09-2022

Former Trump White House lawyer appears before grand jury probing Jan. 6

The White House counsel during the Trump administration, Pat Cipollone, appeared at federal court on Friday to testify before a grand jury probing events surrounding the Jan. 6, 2021, attack on the U.S. Capitol.

newspaper

02-09-2022

Dollar eases from 20-year high as market digests jobs report

NEW YORK (Reuters) -The dollar edged back from a 20-year high on Friday as traders digested a report that showed the pace of hiring rose slightly more than expected in August, giving the Federal Reserve some wiggle room in how aggressively it hikes interest rates later this month.

newspaper

02-09-2022