Headlines

Some Credit Suisse AT1 bondholders seek legal advice -law firms

Some Credit Suisse AT1 bondholders seek legal advice -law firms

By Laura Matthews and Chiara Elisei (Reuters) -Law firm Pallas Partners and a Swiss counsel are working on possible legal action for s..

Telecom Italia in talks with unions on up to 2,000 job cuts in Italy

Telecom Italia in talks with unions on up to 2,000 job cuts in Italy

MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs in Italy through a voluntary early retirement sch..

Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong

Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong

By Jessie Pang and Farah Master HONG KONG (Reuters) -The screening of “Winnie the Pooh: Blood and Honey”, a British slashe..

EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source

EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source

BERLIN (Reuters) – Paris 2024 Olympic torchbearers may not all get to keep their torches as a cherished memento of the Games bec..

Portuguese airline TAP swings to profit earlier than expected

Portuguese airline TAP swings to profit earlier than expected

LISBON (Reuters) – Portuguese airline TAP swung to a profit in 2022, earlier than expected in its restructuring plan, as rising ..

Energy bill support pushes UK budget deficit to February record

Energy bill support pushes UK budget deficit to February record

By Andy Bruce and Sachin Ravikumar LONDON (Reuters) -Britain recorded the largest budget deficit for any February since at least 1993 ..

KKR sells 50% stake in Spain’s X-elio to partner Brookfield

KKR sells 50% stake in Spain’s X-elio to partner Brookfield

MADRID (Reuters) – U.S.-based buyout fund KKR has agreed to sell a 50% stake in Spanish renewable energy company X-elio to Canad..

Maserati aims at driving margins higher before any spin-off talk

Maserati aims at driving margins higher before any spin-off talk

By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on operating profit to 15% in the next 12 months and..

Dollar pauses for breath as Fed swings into focus

Dollar pauses for breath as Fed swings into focus

By Rae Wee SINGAPORE (Reuters) – The dollar steadied in a holiday-thinned Asia session on Tuesday, though it struggled to lift f..

SSE to invest $122 million in Scottish pumped hydro project

SSE to invest $122 million in Scottish pumped hydro project

LONDON (Reuters) – British power generator SSE will invest 100 million pounds ($122 million) in a Scottish pumped hydro scheme w..