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France’s Iliad eyes Telecom Italia’s consumer services unit – sources
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Inflation in Russia hits highest in more than 20 years
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Global equities waver on inflation view as falling oil supplies lift prices
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UK midcaps slip as inflation hits 3-decade high; Tesco slides
Credit Agricole tells Rome no plans to win control of Banco BPM – sources
Date: April 13, 2022
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Credit Agricole has told Italy’s Treasury it has no plans to take control of Banco BPM, two sources close to the matter told Reuters, after the French lender’s purchase of a 9.2% stake last week raised the prospect of a full bid. Given the French group’s...
Meta to take nearly half of sales made by its metaverse creators as fees
Date: April 13, 2022
(Reuters) – Facebook parent Meta Platforms will charge creators around 47.5% on sales of digital assets and experiences made inside the company’s virtual reality platform Horizon Worlds. The overall charge comprises of 30% hardware platform fee for sales made through Meta Quest Store, where it sells apps and games meant for its virtual reality headsets,...
Delta sees return to profit as travel demand hits ‘historic’ levels
Date: April 13, 2022
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines Inc on Wednesday posted a smaller-than-expected quarterly loss and forecast returning to profit in the current quarter on the back of a booming travel demand, sending its shares higher. The company said robust consumer demand not only helped it post a “solid” profit in the month...
After weeks of bombardment, 1,000 Ukraine marines surrender in Mariupol, says Russia
Date: April 13, 2022
By Pavel Polityuk and Oleksandr Kozhukhar KYIV/LVIV, Ukraine (Reuters) -More than 1,000 Ukrainian marines have surrendered in the port of Mariupol, Russia’s defence ministry said on Wednesday, signalling that it had moved closer to capturing the ruined city, its main strategic target in eastern Ukraine. If the Russians take the Azovstal industrial district, where the...
Cryptoverse: NFT bubble gets that shrinking feeling
Date: April 13, 2022
By Elizabeth Howcroft (Reuters) – The NFT bubble isn’t popping, but it may have sprung a leak. A year on from when a single non-fungible token sold for $69.3 million in crypto at Christie’s auction house, with the buyer paying to be recorded on blockchain as the owner of a digital file that anyone can...
Japanese yen falls to 20-year low as dollar outlook bright
Date: April 13, 2022
By Saikat Chatterjee LONDON (Reuters) – The Japanese yen weakened past the 126 yen per dollar mark on Wednesday for the first time since 2002, while the euro was pinned at a one-month low as investors bought the U.S. currency after hawkish comments by Federal Reserve officials. The prospect of fast and aggressive U.S. interest...