Telecom Italia bounces off record lows as KKR decision looms

MILAN (Reuters) -Shares in Telecom Italia (TIM) recovered from record lows on Monday as the head of Italy’s biggest phone group met investors to convince them of the merits of his plans to revive the former phone monopoly.FILE PHOTO: Telecom Italia (TIM) General Manager Pietro Labriola poses for a portrait next to the company’s name at TIM headquarters in Rome, […]

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Russia's demand for U.S. guarantees may harm nuclear talks, Iran official says

VIENNA (Reuters) -Russia’s demand for written U.S. guarantees that sanctions on Moscow would not damage Russian cooperation with Iran is “not constructive” for talks between Tehran and global powers to revive a 2015 nuclear deal, a senior Iranian official told Reuters on Saturday.FILE PHOTO: The Iranian flag flutters in front the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria […]

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Iran hopes for understanding with IAEA to resolve nuclear issues

VIENNA (Reuters) -Iran hopes to resolve all outstanding issues with the visiting U.N. nuclear chief, a senior Iranian official told state TV on Saturday, in the latest push to secure the revival of a 2015 nuclear deal between the Islamic Republic and world powers.FILE PHOTO: The Iranian flag flutters in front the International Atomic Energy Agency (IAEA) headquarters in Vienna, […]

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Treasuries Move Sharply Higher Amid Continued Ukraine Worries

After ending yesterday’s choppy session modestly higher, treasuries showed a substantial move to the upside during trading on Friday. Bond prices surged early in the session and remained sharply lower throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, tumbled 12 basis points to 1.724 percent. Treasuries benefited from their appeal as […]

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Cathie Wood’s ARK Invest Trades for 3\/3

Futures slumped Friday morning despite the February Employment report adding more jobs than expected. ARK Invest funds gave back more of their gains in Thursday’s session. ARKX performed the best out of the group, with a 2.3% loss on the day, while ARKK did the worst, down 6.4%. The gains from the past year are slowly sliding away, but Cathie […]

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Here's why 'unprecedented' sanctions are a cat and mouse game

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. London (CNN Business)Stocks around the world fell Friday following the news that Russian troops are occupying Ukraine’s largest nuclear power plant. But shares […]

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Detroit's Big Three automakers to let workers stop wearing masks

WASHINGTON (Reuters) – Detroit’s Big Three automakers said on Thursday they will allow autoworkers to stop wearing masks at workplaces where U.S. health officials have said it is safe to do so.Slideshow ( 2 images )General Motors Co Ford Motor Co, Chrysler-parent Stellantis NV and the United Auto Workers union said in a joint statement they would adopt the new […]

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