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MILAN (Reuters) - Telecom Italia (TIM) shares fell for a straight second day on Wednesday following an internal meeting over plans to revamp the former phone monopoly while a takeover approach by U.S. fund KKR remains unanswered.
Microsoft catapulted itself into the big league in one of the world’s most lucrative markets on Jan 18 by announcing a US$69bil (RM289.24bil) deal to take over video game maker Activision-Blizzard – the biggest acquisition in the sector’s history.
AT first glance, it seems like a rare, refreshing moment of high principle in public life: Antonio Horta-Osorio, having twice broken Covid-related rules, resigns as chairman of Credit Suisse Group AG. But it’s not that simple.
LONDON: Portfolio managers purchased oil last week at the fastest rate for 14 months amid growing confidence that the latest wave of coronavirus infections will not have a significant effect on international aviation and oil consumption.
CALGARY: Canadians are shunning their domestic market and investing record amounts abroad, according to National Bank of Canada Financial Markets.
MILAN (Reuters) - Telecom Italia (TIM) General Manager Pietro Labriola will on Tuesday outline to the company's directors his plan to revamp the former phone monopoly, an alternative strategy to weigh against a takeover approach by U.S. fund KKR.
JOHOR BARU: The Opposition has estimated that RM150mil is needed to fund a snap election in Johor, which they say could be better used for the rakyat’s welfare instead.