MILAN (Reuters) -Italy will use a proposal presented by a consortium that includes Telecom Italia (TIM) as a blueprint in the national cloud tender it plans to launch in the first weeks of 2022, the digital innovation ministry said on Monday. Known as the National Strategic Hub, the infrastructure is part of the government’s strategy …
Italy to use TIM-led project as blueprint in national cloud tender Read More »
By Anisha Sircar (Reuters) -European shares ended higher in thin trading on Monday, led by gains in technology and healthcare stocks, with Roche rising on regulatory approval for COVID-19-related products. The pan-European STOXX 600 rose 0.7% with technology shares and defensive sectors like healthcare and construction <.SXOP> leading gains. The technology sub-index is on-track to …
Tech and healthcare help European shares above one-month highs Read More »
MOSCOW (Reuters) – Russian gas giant Gazprom has not booked gas transit capacity for exports via the Yamal-Europe pipeline for Dec. 28, auction results showed on Monday. The pipeline that normally brings Russian gas into western Europe flowed in reverse for a seventh day on Monday, a situation Moscow blames on German speculation, despite surging …
Gazprom has not booked gas transit capacity via Yamal pipeline for Dec. 28 Read More »
(Reuters) -S&P Global and IHS Markit said on Monday they would sell a couple of businesses to satisfy antitrust requirements attached to the $44 billion merger of the financial information providers. S&P Global will sell securities data solutions provider CUSIP Global Services (CGS) to financial data services firm FactSet for $1.93 billion in cash, while …
S&P, IHS to offload units ahead of merger to meet antitrust conditions Read More »
LONDON (Reuters) – Visitor numbers in London’s main shopping and entertainment district were just over half of the pre-pandemic level on Dec. 26 and also fell compared to a week earlier, data for one of the year’s traditionally busiest shopping days showed. Britain is undergoing a record surge in COVID-19 infections driven by the highly …
Shoppers largely steer clear of central London Boxing Day sales Read More »
MILAN (Reuters) – Italian infrastructure group Atlantia said on Monday it had reached an agreement with unions to extend to all employees share incentive schemes and bonuses previously reserved for senior management. The group controlled by Italy’s Benetton family said the new remuneration model would come into effect in 2022. Under the scheme, all workers …
Atlantia extends share incentives and bonuses to all employees Read More »
By Vladimir Soldatkin MOSCOW (Reuters) -A pipeline normally bringing Russian gas into western Europe flowed in reverse for a seventh day on Monday, a situation Moscow blames on German speculation, despite surging European heating costs. President Vladimir Putin said last week that Germany was reselling Russian gas to Poland and Ukraine rather than relieving an …
Russian gas flowing east in protracted pipeline reversal Read More »
ATHENS (Reuters) – Piraeus Bank said on Monday it had sold a portion of its securitised bad loans to Intrum and Serengeti Asset Management as part of efforts to clean up its balance sheet. Greek banks have been reducing a large stock of impaired loans built up during the country’s decade-long financial crisis and aim …
Piraeus Bank pursues balance sheet clean up with bad loan sale Read More »
MILANO (Reuters) – Italian regional utility A2A said on Monday it had agreed to buy a majority stake in north-eastern peer Volta Green Energy, adding the deal would more than double its 300 megawatts (MW) of solar and wind assets. A2A said the binding accord for Trento-based Volta Green Energy brought in a pipeline of …
Italy’s A2A buys majority stake in rival Volta Green Energy Read More »
By Valentina Za MILAN (Reuters) – Banking mergers should be aimed at European expansion, UniCredit Chairman Pier Carlo Padoan said in a newspaper interview on Monday, warning against deals that make lenders more domestically focused. UniCredit last year lost its domestic leadership to rival Intesa Sanpaolo, which took over mid-sized UBI to create a national …
UniCredit chairman says banking M&A needs European focus -La Stampa Read More »
