Telecom Italia shares fall as KKR's takeover approach falters
Telecom Italia (TIM) shares fell on Monday as the odds for a KKR takeover receded with the U.S fund set to make it clear it will not table any bid without due diligence.
Telecom Italia (TIM) shares fell on Monday as the odds for a KKR takeover receded with the U.S fund set to make it clear it will not table any bid without due diligence.
French President Emmanuel Macron risks seeing high inflation eroding economic gains achieved during his presidency as he seeks a second term.
Russia maintained gas flows through key pipeline routes into Europe on Monday, despite uncertainty over payment terms and as European leaders called for more sanctions against Moscow after war crimes allegations in Ukraine.
Jamie Dimon, CEO of JPMorgan Chase & Co, published his closely watched annual letter to shareholders on Monday, covering critical issues including the war in Ukraine, the energy crisis, sanctions, inflation and interest rates.
(Reuters) -British fashion retailer Ted Baker said on Monday it had launched a formal sale process, after private equity firm Sycamore improved its takeover proposal and another third party also showed interest in bidding for the company.
Russia maintained gas flows through key pipeline routes into Europe on Monday, despite uncertainty over payment terms and as European leaders called for more sanctions against Moscow after war crimes allegations in Ukraine.
Carrefour, Europe's largest food retailer, is joining forces with venture capital firm Daphni to invest in digital retail startups as part of a global plan to step up e-commerce expansion over the next four years, it said on Monday.