Macau government extends casino licences to December

Casino companies in Macau will have their licences extended by six months, the city's Economy and Finance Secretary said on Thursday, allowing more time for a highly anticipated rebidding process in the world's biggest casino hub.

newspaper

03-03-2022

IKEA temporarily closes stores in Russia, warns of higher prices

IKEA, the world's biggest furniture brand, is closing its stores in Russia and pausing all sourcing in the country and ally Belarus, joining the wave of Western firms curbing business with Russia after its invasion of Ukraine.

newspaper

03-03-2022

IKEA temporarily closes its stores in Russia, halts sourcing in Russia, Belarus

IKEA, the world's biggest furniture brand, is closing all its stores in Russia, and pausing all its sourcing in Russia and Belarus, following Russia's invasion of Ukraine.

newspaper

03-03-2022

Italy's TIM sets out standalone benefits but shares plunge

The new boss of Telecom Italia set out the virtues of his standalone plan as an alternative to a takeover approach from KKR but shares in the company plunged on Thursday after a record loss and a gloomy forecast for this year.

newspaper

03-03-2022

UK satellite company OneWeb suspends Baikonur launches

British satellite company OneWeb said on Thursday it was suspending all launches from Russia's Baikonur Cosmodrome in Kazakhstan after Moscow's space agency demanded guarantees that its spacecraft would not be used for military purposes.

newspaper

03-03-2022

Smirnoff vodka maker Diageo pauses exports to Ukraine and Russia

Spirits company Diageo, the maker of Smirnoff vodka and Guinness, has paused exports to Ukraine and Russia, the company said on Thursday.

newspaper

03-03-2022

With KKR looming, Italy's TIM sets out standalone benefits

Telecom Italia's (TIM) new boss said all shareholders stood to benefit from his standalone plan, setting it out as an alternative to a 10.8 billion euro ($12 billion) approach from U.S. fund KKR.

newspaper

03-03-2022

Italy's TIM says all investors can benefit from its standalone plan

The head of Italy's Telecom Italia said his standalone plan would allow all shareholders to benefit from the additional value created, setting it out as an alternative to a 10.8 billion euro ($12 billion) approach from U.S. fund KKR.

newspaper

03-03-2022

Ladbrokes owner Entain's profit rises on online gambling growth

(Reuters) -Entain rode the popularity of online betting during lockdowns to report higher annual core earnings on Thursday, but the British gambling firm refrained from paying shareholders a dividend.

newspaper

03-03-2022