The S&P 500 and the Dow slipped on Thursday, with shares of banks, industrials and airlines leading declines on concerns that the Federal Reserve's aggressive monetary policy might weigh on economic growth.

MILAN (Reuters) -The Benetton family, which controls Italy's Atlantia, has told Global Infrastructure Partners (GIP) and Brookfield it is not interested in the funds' takeover approach for the Italian road and airport operator.

Shell said on Thursday it diverted $7 billion of its cash flows partly to cover hefty oil and gas margin calls, becoming the first company to publicly acknowledge the pressure commodities traders have faced in 2022 from extreme price rises and volatility.

U.S. stock indexes edged lower at the open on Thursday, with growth stocks under pressure on concerns over a more hawkish Federal Reserve and a setback to the Ukraine peace talks.

U.S. private equity firm KKR & Co Inc plans to take Japanese chip equipment maker Kokusai Electric Corp public in an IPO as early as June, three sources said, in what is likely to be Tokyo's biggest listing in more than three years.

(Reuters) -U.S. stocks were set for a subdued open on Thursday, with growth stocks remaining under pressure after a sharp selloff this week on concerns around a more hawkish Federal Reserve and a setback to the Ukraine peace talks.