Italy’s Superbonus-Stoked Debt Draws Fitch’s Attention
Italy’s return to a trajectory of rising debt risks complicating the task of managing the euro zone’s third-biggest economy and could stoke political tensions, according to Fitch Ratings.
Italy’s return to a trajectory of rising debt risks complicating the task of managing the euro zone’s third-biggest economy and could stoke political tensions, according to Fitch Ratings.
Bank Indonesia raised its benchmark interest rate to a record high, as it moved to support the rupiah that’s hit pandemic-era lows amid evolving external risks.
The rally in European stocks faltered on Wednesday as disappointing earnings in the banking and luxury sectors offset further gains for technology stocks.
Iron ore climbed to the highest level in seven weeks as Fortescue Ltd., the fourth-biggest producer, said full-year shipments are likely to be at the lower end of guidance after disruptions hit supplies at mines in Western Australia.
CVC Capital Partners is exploring options for its controlling stake in Italian drugmaker Recordati SpA, according to people familiar with the matter.
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