Asian shares slipped on Monday while the euro took a fresh spill after Russia shut a major gas pipeline to Europe, leading some governments there to announce emergency measures to ease the pain of soaring energy prices.

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.

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.

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.

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.

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.