Telecom Italia Starts Debt Exchange With €5 Billion Notes
Telecom Italia SpA has started an offer to move some of its euro and dollar denominated bonds to the unit that’s set to buy the firm’s network.
Telecom Italia SpA has started an offer to move some of its euro and dollar denominated bonds to the unit that’s set to buy the firm’s network.
As Ukraine’s ammunition stocks dwindle some of the country’s biggest allies are expressing growing concern that it may not be able to defend itself for much longer against Russia’s invasion. Group of Seven foreign ministers gathering on the Italian island of Capri will call for stronger support.
Nigeria’s cocoa planting and mid-crop harvest will be disrupted as the Hydrological Service Agency has warned of heavy flooding in the country’s main cocoa growing areas.
Rio Tinto Group and Saudi Arabia’s state-backed Manara Minerals Investment Co. are among suitors considering bids for a stake in First Quantum Minerals Ltd.’s Zambian copper mines, according to people familiar with the matter.
Stocks advanced with Treasuries as global markets steadied after turbulence driven by misfiring bets over the scale and timing of interest rate cuts by the Federal Reserve.
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