Carmaker Stellantis has agreed with unions it will cut 480 jobs this year at its Mifariori facility in Turin through voluntary redundancies, Italy's FIM-CISL union said on Monday.

Russian billionaire Vladimir Potanin's Interros group said on Monday it had bought United Card Services, part of Global Payments Inc, its third deal in the space of three weeks as it snaps up financial assets from buyers exiting the Russian market in the wake of Russia's invasion of Ukraine.

LONDON (Reuters) -Russian billionaire Vladimir Potanin's Interros group said on Monday it had bought United Card Services, part of Global Payments Inc, its third deal in three weeks as it snaps up financial assets from buyers exiting the Russian market.

The U.S. benchmark 10-year Treasury yield on Monday hit 3% for the first time since December 2018, a psychological milestone that could have major implications for other financial markets.

The sudden fall in European shares driven by a brief crash in Nordic markets was caused by a single sell order trade by Citigroup Inc, people familiar with the matter told Reuters.

(Reuters) -Oil prices reversed course to trade in positive territory on Monday on fears supply might be crimped by a potential European Union ban on Russian crude.