Vivendi Seeks Telecom Italia Shareholder Vote on KKR’s Network Bid
Vivendi SE, the largest investor in Telecom Italia SpA, wants the phone carrier’s shareholders to vote on an offer from KKR & Co. Inc. to buy the company’s landline network.
Bloomberg Business
India Realty Tycoon Says He Used Lawmaker’s Login to Query About Adani
An Indian real estate tycoon wrote to a parliamentary ethics committee that he used a lawmaker’s parliament login to raise questions against billionaire Gautam Adani’s conglomerate.
Rapid Dollarization to Stymie Zimbabwe’s Plan to Drop Greenback
The US dollar will remain the dominant currency in Zimbabwe even after the government’s December 2025 deadline to stop its use in the economy, the country’s largest independent asset manager said.
UK Retail Sales Fall More Than Expected in Spell of Warm Weather
UK retail sales tumbled more than expected as unusually warm weather deterred shoppers from spending on clothes for autumn and winter.
Swiss Right-Wing Party Set to Cement Top Position in Election
(Bloomberg) — Switzerland’s anti-immigrant People’s Party is set to consolidate its position as the nation’s strongest political force in an election on Sunday, the most recent example of right-wing gains across central Europe.
Wind-Farm Builders Push UK for Tax Breaks Amid Surging Costs
Wind-farm developers are lobbying the UK government to give them more tax breaks in the fall budget, arguing that rising interest rates and supply-chain costs are putting the viability of some new projects in doubt.
Putin Visits Southern Army Headquarters After China Trip
President Vladimir Putin traveled to the headquarters of Russia’s Southern Military District near the border with Ukraine, following his return from talks with Chinese leader Xi Jinping in Beijing.
Morgan Stanley Warns Against Buying the Dip in Chinese Stocks
Morgan Stanley is advising investors against buying the dip in Chinese stocks, warning that foreign funds may keep selling unless there is further policy easing and sentiment is likely to remain fragile.
Singapore’s DBS Says Mobile Wallet Services Back to Normal
DBS Group Holdings Ltd. said PayLah! services were back to normal after access to the mobile wallet was intermittent on Friday morning.
Bitcoin’s Rival Ether Falters in Shadow of Elevated Treasury Yields
A key pillar of demand for Ether, the second-largest digital token, is weakening against a backdrop of elevated Treasury yields.
