Telecom Italia shares rebound as KKR bid hopes rekindled
MILAN (Reuters) -Shares in Telecom Italia (TIM) rebounded on Tuesday after an Italian newspaper reported that U.S. fund KKR was still interested in a takeover deal, albeit at a lower price.
MILAN (Reuters) -Shares in Telecom Italia (TIM) rebounded on Tuesday after an Italian newspaper reported that U.S. fund KKR was still interested in a takeover deal, albeit at a lower price.
Malaysia's Top Glove Corp Bhd has postponed a plan to raise $347 million in a Hong Kong listing due to elevated market uncertainty after Russia's invasion of Ukraine, its managing director said on Tuesday, confirming an earlier Reuters report.
Australian refiner Viva Energy said on Tuesday it would stop buying Russian crude oil, joining a growing number of companies to sever trade ties with the country over its invasion of Ukraine.
At a Kroger station in Atlanta, general contractor L.W. Boyd had two fuel spigots going at the same time - pumping diesel into two giant tanks in the bed of his Ford F150 truck - fearful that already-high gasoline prices will just keep rising.
TOKYO (Reuters) -Japan has frozen the assets of an additional 32 Russian and Belarusian officials and oligarchs following the invasion of Ukraine, the Ministry of Finance announced on Tuesday.
Morgan Stanley urged the U.S. Federal Reserve on Tuesday to take a more cautious approach to raising interest rates as Russia's invasion of Ukraine spurs already sky-rocketing global inflation.
Japan recorded its largest current account deficit since the start of 2014 in January as a jump in oil import costs offset gains in investment incomes, with continuing uncertainty due to the Ukraine crisis and COVID-19 pandemic.