News Wire

Australia's FAR takes final investment decision for Senegal oil project

09h14 Australian oil minnow FAR Ltd said on Monday it has lined up loan funding for its share of the $4.2 billion Sangomar project, Senegal's first oil development block, and made a final decision to proceed.  Full story

Boeing seeks to borrow $10 billion or more amid 737 MAX crisis -source

22h50 Boeing Co is in talks with banks about borrowing $10 billion or more amid rising costs for the U.S. planemaker after two crashes involving its 737 MAX jetliner, a source told Reuters on Monday.. . .  Full story

Macron and Trump declare a truce in digital tax dispute

22h19 French President Emmanuel Macron said on Monday he had a "great discussion" with U.S. President Donald Trump over a digital tax planned by Paris and said the two countries would work together to avoid. . .  Full story

Avolon CEO says greener airlines should pay less to lease planes

21h58 Airlines with the best environmental scores should pay less for leasing aircraft than more polluting competitors, the head of one of the world's top leasing companies said on Monday.. . .  Full story

Huawei CFO Meng's lawyer says "double criminality" at centre of U.S. extradition case

21h44 A lawyer for Huawei Chief Financial Officer Meng Wanzhou argued on Monday that "double criminality" was at the centre of a trial to decide whether Meng can be extradited to the United States, a. . .  Full story

Alphabet CEO backs temporary ban on facial-recognition, Microsoft disagrees

21h33 The EU's proposal for a temporary ban on facial-recognition technology won backing from Alphabet Chief Executive Sundar Pichai on Monday but got a cool response from Microsoft President Brad Smith.. . .  Full story

Brazil's real weakens after minister's comments, Chilean peso up

21h12 Brazil's real weakened on Monday after the country's economic minister flagged weakness in the currency as the "new normal," while the Chilean peso firmed on the back of strong copper prices.. . .  Full story

Majority of CEOs expect global economy to cool in PwC survey

20h30 More than half of chief executives in an annual survey by PwC expect a slowdown in global economic growth this year, in marked contrast to the confidence that has lifted stock markets.. . .  Full story

Oil rises as Libya declares force majeure in oilfields

20h01 Oil prices rose to their highest in more than a week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, risking reducing crude flows from the. . .  Full story

Savannah Petroleum says Nigerian gas purchase is just the start

19h44 London-listed Savannah Petroleum's told Reuters on Monday it would consider oil and gas acquisitions in Nigeria opportunistically, calling a purchase completed late last year the starting kit for further expansion.. . .  Full story

Embraer studies turboprop to be developed through Boeing venture

19h34 Brazilian planemaker Embraer is in the advanced stages of studying the launch of a new turboprop aircraft to be developed through a venture it is planning with Boeing, subject to necessary approvals, a top executive. . .  Full story

Zinc hits two-month high as technicals trigger buying

19h09 Zinc prices rose to two-month highs on Monday after a break of key technical levels triggered a flurry of buying and as the market worried about historically low inventories.. . .  Full story

Thyssenkrupp shortlists 3 private equity consortia in elevator sale -sources

19h06 T hyssenkrupp has shortlisted three private equity consortia in the auction of its prized 15 billion euro ($16.6 billion) elevator business, people close to the matter said, and peer Kone could still submit a. . .  Full story

FTSE slips on BoE bets and Brexit fears; Fevertree slides

18h58 Recurring fears of a hard Brexit and bets that the Bank of England will cut interest rates hit London's FTSE 100 on Monday, while premium tonic water maker Fevertree endured its worst day ever.. . .  Full story

European shares inch lower as data-heavy week looms

18h53 European shares retreated from recent peaks on Monday as investors paused before launching into a week packed with economic data and the European Central Bank's first policy meeting of the year.. . .  Full story

Euro government bond yields slip before central bank meetings

18h53 European government bond yields edged lower on Monday ahead of key economic events this week including multiple central bank meetings where the European Central Bank is expected to launch a strategic review including a rethink. . .  Full story

Sterling falls after Javid comments stoke hard Brexit fears

18h37 The pound fell on Monday after comments by UK finance minister Sajid Javid stoked fears about weak ties between Britain and the European Union following the country's departure from the bloc.. . .  Full story

Gazprom says foreign asset freeze lifted

18h36 The freezing of some of Gazprom's foreign assets at the request of Ukraine's state-owned Naftogaz has been lifted, the Russian gas giant said on Monday.. . .  Full story

Dollar gains as U.S. economic strength supports sentiment

18h32 The dollar rose to its strongest level of 2020 on Monday after last week's run of data confirmed that the U.S. economy is holding up well, while China's yuan briefly hit a new six-month. . .  Full story

Global FDI dips, hit by Hong Kong divestment, Brexit - U.N.

18h26 Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said. . .  Full story

Britain's CDC adds $400 mln of investments in Africa push

18h12 UK government-owned finance agency the CDC Group has signed $400 million worth of African investment deals, part of a wider drive by Britain to develop new trade ties as it prepares to leave the. . .  Full story

Sudanese pound falls to record low on black market

18h11 Sudan's pound fell to a record low on the black market, traders said on Monday.. . .  Full story

Patchy rains boost Ivory Coast's cocoa mid-crop - farmers

17h50 Light showers in some of Ivory Coast's cocoa regions last week are likely to have boosted the April-to-September mid-crop, while heavier rain is needed elsewhere, farmers told Reuters on Monday.. . .  Full story

France seeks to shield EDF, consumers with nuclear power market reform

17h48 The French government plans to introduce a "price corridor" for France's wholesale nuclear power market that will enable state-controlled utility EDF to cover its costs while shielding consumers from volatile electricity price spikes.. . .  Full story

AerCap CEO warns against panic discounts for Boeing 737 MAX jets

17h44 Owners of Boeing's grounded 737 MAX jet must keep cool heads and avoid offering panic discounts on sale or lease prices to avoid undermining its long-term value, the head of one of the world's. . .  Full story

Bosnian region raises $14.7 mln via 6-mo T-bills issue

17h43 Bosnia's autonomous Serb Republic raised 26 million Bosnian marka ($14.7 million), less than targeted, through an auction of six-month treasury bills on Monday aimed at helping it plug a budget gap, the Finance Ministry said. . .  Full story

Gold gains on heightened safe-haven interest, palladium soars

17h42 Gold hit a more than one-week high on Monday as buyers hedged against persistent tensions in the Middle East and impeachment proceedings against U.S. President Donald Trump, while deficit-hit palladium's record run showed no signs. . .  Full story

South African chrome firms warn of more than 1,200 job cuts

17h36 South African chrome firms on Monday warned of more than 1,200 potential job cuts, citing power cuts, rising electricity tariffs and increased competition from overseas.. . .  Full story

JPMorgan says "oui" to Paris expansion post-Brexit

17h33 JPMorgan Chase & Co is the latest investment bank to significantly expand its Paris hub as part of plans to relocate some services from London after Britain's exit from the European Union, snapping up. . .  Full story

Britain and EU ready to do battle again as trade talks near

17h14 The battle lines between Britain and the European Union are taking shape on farming, fish, state aid, banking and a host of other issues ahead of the launch of negotiations for a free trade. . .  Full story

Ukraine reports first H5 bird flu case in three years -OIE

17h12 Ukraine has reported an outbreak of highly pathogenic bird flu on a farm in the west-central part of the country, the first of such outbreak in nearly three years, the World Organisation for Animal. . .  Full story

Central banks can't save the world from climate change, BIS says

17h06 Central banks can't be expected to save the world from climate change, a new book by the Bank for International Settlement said on Monday, urging instead global co-ordination ranging from government policy to financial regulation.. . .  Full story

CANADA STOCKS-TSX trades flat as gains in gold stocks offset by laggard tech

17h03 Canada's main stock index treaded water on Monday as gains in gold stocks were offset by laggard technology shares, while a holiday in the United States prompted languid trade.. . .  Full story

U.S. judge dismisses assault case against British retailer Philip Green -Arcadia

17h02 Prosecutors in the United States have dropped a case against British retailer Philip Green that had alleged assault, his Arcadia company said on Monday, citing court documents.. . .  Full story

Germany confirms case of H5N8 bird flu in wild bird

17h02 A case of H5N8 bird flu has been confirmed in a wild bird in the eastern German state of Brandenburg, German authorities said on Monday.. . .  Full story

Loonie idles ahead of Bank of Canada rate decision this week

16h57 The Canadian dollar was little changed against its U.S. counterpart on Monday as domestic data showed home prices moving higher in December and investors awaited a Bank of Canada interest rate decision this week.. . .  Full story

Stocks stay near record highs; focus turns to central banks, earnings

16h48 World stocks traded just below record highs on Monday, pausing ahead of this week's central bank meetings, economic data and earnings, while oil prices rose to their highest in over a week after blockades. . .  Full story

Czech investor Kretinsky lifts stake in French retailer Casino

16h30 Czech businessman Daniel Kretinsky and his junior partner Patrik Tkac said on Monday they had raised their stake in Casino to 5.64% from 4.63%, in a further show of support to the troubled French. . .  Full story

No turning point in sight as IMF predicts sluggish global growth

16h27 Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the outlook uncertain, a top International Monetary Fund official said. . .  Full story

Merkel seeks to delay German Huawei position until after March EU summit - sources

16h22 Chancellor Angela Merkel has asked her conservative lawmakers to wait until after a March EU summit before taking a position on whether China's Huawei can take part in the rollout of Germany's 5G network, sources. . .  Full story

Samancor Chrome notifies trade unions about 599 potential job cuts

16h17 South Africa's Samancor Chrome has notified trade unions about 599 potential job cuts at its smelting operations and corporate offices, a letter to trade unions said.. . .  Full story

Belgian labour authority launches court case against Deliveroo

16h10 Belgium's labour authority launched the first stage of a court case against British food delivery group Deliveroo on Monday, challenging working conditions for the firm's 3,500 riders in Brussels.. . .  Full story

Baltic index hits nine-month low as capesize, panamax rates fall

16h05 The Baltic Exchange's main sea freight index fell to its lowest level since April last year on Monday, dragged by falling rates across the capesize and panamax segments.. . .  Full story

Moody's cuts Hong Kong's rating to 'Aa3' as protests continue

15h58 Moody's downgraded Hong Kong's credit rating to "Aa3" from "Aa2" on Monday, saying its view on the strength in the Chinese-ruled city's institutions and governance is "lower than previously estimated.". . .  Full story

Egypt's debt ratio to beat target this year, minister says

15h37 Egypt is on track to reduce its total debt to a lower-than-expected 83% of GDP by the end of the fiscal year in June, helped by a widening of its primary budget surplus in. . .  Full story

German cabin crew union suspends Lufthansa strike preparations

15h37 German flight attendants' union UFO on Monday said it had suspended its preparations for further walkouts at Lufthansa after the airline submitted a new proposal on how to solve the conflict.. . .  Full story

Malaysia open to Davos talks with India amid palm oil spat

15h21 Malaysia's trade minister is open to meeting his Indian counterpart at the World Economic Forum gathering this week, his ministry said on Monday, after New Delhi said no such encounter was possible amid a. . .  Full story

Slovakia detects second case of H5N8 bird flu

15h14 Slovakia detected its second case of the highly pathogenic H5N8 bird flu virus at a farm in the west of the country, the Agriculture Ministry said on Monday.. . .  Full story

France agrees to take back 43 illegal waste containers from Malaysia

15h14 Malaysia has shipped 43 illegal plastic waste containers back to France as part of a crackdown on illegal trafficking of waste, the two governments said in a joint statement on Monday.. . .  Full story

New Indian law to protect foreign investors to exclude tax demands -documents

15h09 New legislation will improve protection for foreign investors in India by offering relief from possible policy changes but will uphold the state's right to tax them, according to its draft and government documents seen by. . .  Full story

Sri Lanka shares slip for fourth session as consumer, financials weigh

15h07 Sri Lankan shares slid for a fourth straight session on Monday, with consumer and financial stocks accounting for a major portion of the day's losses.. . .  Full story

Belarus and Russia agree on tainted oil compensation approach - RIA cites Belarus govt

15h06 Belarus and Russia have agreed on an approach and method to compensation over tainted oil in the Druzhba pipeline, the RIA news agency said on Monday, citing the Belarusian government.. . .  Full story

Most Australian execs say climate change will damage companies - survey

15h00 More than 80% of Australian business executives believe climate change will damage their companies, a survey published on Tuesday showed.. . .  Full story

COLUMN-China coal imports to rebound in January, rest of 2020 is cloudy: Russell

15h00 China's coal imports are likely to show an impressive bounce in January after customs delays crimped December clearances, but questions remain as to the outlook for 2020 as a whole.. . .  Full story

UK department store retailer Beales enters administration

14h58 British department store retailer Beales has collapsed into administration, a form of creditor protection, putting 1,052 jobs at risk, administrator KPMG said on Monday.. . .  Full story

France's Engie hands UK home energy customers to challenger Octopus

14h53 French power group Engie will quit the British residential energy supply market and hand its 70,000 residential customers to renewables specialist Octopus Energy, the companies said on Monday.. . .  Full story

British pension schemes warn on cost of fossil fuel divestment

14h40 Several of Britain's top pension funds say they would have lost hundreds of millions of pounds had they sold out of oil and gas stocks in recent years, highlighting a potential cost to scheme. . .  Full story

UK confidence signs grow as Bank of England nears rate decision

14h33 British households grew more confident about their finances and a measure of house prices rose by a record amount for January, according to surveys which added to other signs of a brightening mood in. . .  Full story

Hedge funds sell oil as doubts about economy resurface: Kemp

14h26 Hedge funds turned heavy sellers of petroleum last week as the threat of conflict in the Middle East receded and was replaced by renewed concerns about the health of the global economy.. . .  Full story

France: more countries back European-led naval mission in Hormuz

14h17 A European-led naval mission in the Straits of Hormuz - a vital shipping route for world transport that has been impacted by military tensions in the Middle East - has won more political support. . .  Full story

EU won't meet China halfway in investment talks - EU trade chief

14h17 The European Union wants to agree a deal with China this year to protect foreign investment and increase investment market access, but it will not meet Beijing halfway, EU trade chief Phil Hogan said. . .  Full story

Apple's Cook says global corporate tax system must be overhauled

14h14 Everyone knows that the global corporate tax system needs to be overhauled, Apple Chief Executive Tim Cook said on Monday, backing changes to global rules that are currently under consideration.. . .  Full story

BofA raises 2020 oil price view on OPEC+ curbs, Mideast supply risks

14h07 Bank of America Global Research raised its 2020 oil price forecasts on Monday, citing risks to supply from the Middle East, an improving demand outlook and higher OPEC+ compliance to deepen output cuts.. . .  Full story

ECB lending rules must cover climate risk, Villeroy says

14h00 The European Central Bank should build climate risk into its lending rules and economic models rather than just gobble up green bonds in its multi-trillion-euro purchase scheme, French central bank Governor Francois Villeroy de Galhau. . .  Full story

Higher-yielding Mexico set to lure fresh capital inflows in 2020

14h00 Fueled by high interest rates, Mexico is in 2020 primed to build on recently resurgent capital inflows following a year long overshadowed by uncertainty over a new North American trade deal and U.S.-Chinese economic tensions.. . .  Full story

Six bankers got $33 mln in bonuses in alleged German tax fraud - prosecutor

13h46 Six former bankers accused of involvement in an illegal trading scheme in Germany earned $33 million in bonuses from the alleged fraud, prosecutors said on Monday.. . .  Full story

Spain's 2019 tourist arrivals hit new record high, minister upbeat on trend

13h37 The number of international visitors to Spain hit an all-time high of 83.7 million in 2019 in a seventh straight year of records, Industry and Tourism Minister Reyes Maroto said on Monday, adding that. . .  Full story

A thousand EU financial firms plan to open UK offices after Brexit

13h31 More than a thousand banks, asset managers, payments companies and insurers in the European Union plan to open offices in post-Brexit Britain so they can continue serving UK clients, regulatory consultancy Bovill said on Monday.. . .  Full story

Asia Distillates-Gasoil cash premiums edge lower, front-month spread widens

13h18 Asia's cash premiums for 10 ppm gasoil edged lower on Monday, hurt by weaker deals in the physical market, but the front-month spread for the transportation fuel widened its backwardation amid expectations for. . .  Full story

Palm oil climbs 2% on firmer soyoil, weaker ringgit

13h03 Malaysian palm oil futures rose 2% on Monday after falling sharply last week, as rival soybean oil prices firmed and the ringgit weakened but worries about demand from top edible oil buyer India persisted.. . .  Full story

Key events in Huawei CFO Meng Wanzhou's extradition case

13h00 Meng Wanzhou, chief financial officer of Huawei Technologies Co Ltd, will appear in a Vancouver, Canada, courtroom on Monday for the first day of her extradition trial, a process expected to take months - possibly. . .  Full story

Air Lease chairman hopes Boeing's 737 MAX cleared to fly within 90 days

12h55 The executive chairman of aircraft leasing firm Air Lease Steven Udvar-Hazy on Monday said he was hopeful that Boeing's grounded 737 MAX would be cleared to fly by regulators within 90 days, but. . .  Full story

Shipping firm MSC and St Nazaire shipyard win 2 bln euros cruise liner deal

12h52 Shipping company MSC and France's Saint Nazaire shipyard won a 2 billion euros ($2.2 billion) deal to build two cruise liners, in a contract unveiled by the companies on Monday in the presence of. . .  Full story

Fevertree loses its sparkle as Britons' taste for premium tonic sours

12h52 Drinks maker Fevertree issued its second revenue warning in three months, sending its shares down 20% on Monday as disappointing Christmas sales raised fears that Britain's premium tonics' market has lost its fizz.. . .  Full story

As Brexit nears, UK's Johnson pushes for deeper trade ties with Africa

12h51 Prime Minister Boris Johnson called for deeper investment ties between Britain and Africa at a summit for leaders of 21 African countries on Monday that comes days before his country will leave the European. . .  Full story

India's thermal coal imports extend fall as economy slows

12h49 India's thermal coal imports have dropped for three months running, their longest sustained fall in over two years, as an economic slowdown stifles demand from key industrial consumers.. . .  Full story

Spain tourism alert sent in error

12h44 The alert on Spanish tourist arrivals sent at 10:35:43 GMT was sent in error and has been deleted. The data has not yet been released.. . .  Full story

If nuclear issue is referred to UN, Iran will pull out of the NPT- Iran foreign minister

12h11 If Iran's nuclear file is sent to the United Nations Security Council, then Iran will withdraw from the Non-Proliferation Treaty (NPT), Iran's Foreign Minister Mohammad Javad Zarif said on Monday, according to the official IRNA. . .  Full story

SE Asia Stocks-Philippines at lowest close in 3 mths on real estate, infra stocks

11h59 Philippine stocks dropped over 2% to their lowest close in over three months, hurt by losses in the real estate and infrastructure sectors, while banking shares dragged down the Thai index.. . .  Full story

Debt-laden mall operator Intu turns to investors for cash

11h53 British shopping centre operator Intu Properties is in talks with shareholders and potential new investors to raise funds to shore up its balance sheet after being hit by a spate of high-profile failures in. . .  Full story

Germany's Sono says has raised 50 mln euros for solar powered car

11h36 German solar-powered electric car startup Sono Motors said it had raised 50 million euros from a crowd-funding campaign to develop a solar-powered vehicle.. . .  Full story

BAE spends $2.2 bln to boost U.S. electronic systems business

11h18 British defence company BAE Systems is spending $2.2 billion to expand its U.S.-based electronic systems operations, buying two businesses being offloaded as a result of the merger of U.S. rivals Raytheon and United Technologies.. . .  Full story

EM stocks, currencies flat ahead of key central bank meetings

11h15 Emerging market stocks and currencies were flat on Monday as investors braced for major central bank meetings later in the week, while Turkish and Russian equities scaled all-time highs.. . .  Full story

Philippines sweetens rules on REITs with lower public float, tax perks

11h14 Philippine real estate investment trust (REIT) companies will be allowed to maintain control of their firms and enjoy tax breaks under revised government rules to attract fresh capital to sustain property market growth, authorities said. . .  Full story

Capitalism seen doing "more harm than good" in global survey

11h13 A majority of people around the world believe capitalism in its current form is doing more harm than good, a survey found ahead of this week's Davos meeting of business and political leaders.. . .  Full story

GRAPHIC-Take Five: A week in central banking

11h10 1/THE ORACLES SPEAK Geopolitics overshadowed monetary policy for the first time in many months in early January. But such distractions tend to be short-lived nowadays, with investors getting back to central bank-watching swiftly.. . .  Full story

Taiwan Dec export orders rebound, but 2019 fall worst in a decade

11h09 Taiwan's export orders in December rose for the first time in 14 months, boosted by a pick-up in global demand for electronics amid easing trade tensions between the United States and China.. . .  Full story

Hong Kong stocks fall ahead of Chinese New Year on weak sentiment

11h01 Hong Kong shares fell on Monday, led by consumer stocks, reflecting pessimism toward the local economy as the city's tourism industry reels under the impact of prolonged anti-government protests. ** Contributing to the sluggishness in. . .  Full story

Japan, U.S. lead survey's corporate climate change action 'A List'

11h00 BT <BT,K>, Danone, Microsoft and Sony are among 178 companies with top marks in the latest global ranking of transparency and action on climate change.. . .  Full story

EU industry chief: EU ready to act on digital tax, if OECD fails

10h55 European industrial policy chief Thierry Breton said on Monday that if discussions at the OECD level on taxation for digital companies such as Amazon or Google do not bear fruit, the European Union will take. . .  Full story

Thai eases housing loan rules to help home buyers

10h46 Thailand's central bank has further relaxed mortgage lending rules to help home buyers, a deputy governor said on Monday, after tighter rules were imposed last year to rein in bad debt.. . .  Full story

Stainless steel maker Outokumpu shares up 16% on Q4 beat

10h30 Finnish stainless steel maker Outokumpu said on Monday its October-December core operating profit would be better than expected due to tighter management of its raw material costs, sending its shares 16% higher.. . .  Full story

Private equity firm Peninsula invests in fashion group Zadig & Voltaire

10h29 French fashion label Zadig & Voltaire said on Monday that it had received new investment funding from private equity firm Peninsula.. . .  Full story

Anglo American to buy fertilizer maker Sirius Minerals

10h17 Anglo American on Monday agreed to buy Sirius Minerals for 404.9 million pounds ($526.2 million) in cash, marking the global miner's return to fertilizer and throwing a lifeline to the struggling Sirius.. . .  Full story

China revises up GDP growth for 2014-2018, on track to double economy

10h03 China has revised up its economic growth by 0.1 percentage points each year between 2014 and 2018, the National Bureau of Statistics said, making it easier for Beijing to fulfil its goal of. . .  Full story

UK Stocks-Factors to watch on Jan. 20

10h01 Britain's FTSE 100 index is seen opening 12 points higher at 7,686 on Monday, futures up 0.1%, according to financial bookmakers.. . .  Full story

Indonesia unions hold protests over planned labour reform

09h47 Several thousand Indonesian workers held a rally on Monday outside parliament to protest against planned changes to labour laws as part of government reforms aimed at creating jobs and boosting investment in Southeast Asia's biggest. . .  Full story

Kazakhstan to ban livestock exports after meat price surge

09h44 Kazakhstan will soon ban exports of livestock until April and may later extend the ban in order to protect the domestic market where meat prices have surged, the Central Asian nation's agriculture ministry said. . .  Full story

China stocks end higher, tourism shares tumble as coronavirus spreads

09h39 China stocks closed higher on Monday following signs that the economy may be stabilizing, and as hopes rose for more stimulus measures to aid growth.. . .  Full story

S.Korean stocks end higher as solid U.S. data fuels risk appetite

09h24 Round-up of South Korean financial markets:. . .  Full story

Australian budget surplus in doubt as bushfire funding boosted

09h11 Australia on Monday boosted emergency funding for small businesses hit by bushfires that have ravaged the country for months, as the mounting costs of the disaster cast doubt on the government's ability to deliver. . .  Full story

Nikkei inches up to 15-month high, take-over bids energise constructors

09h06 Japanese shares edged higher to 15-month highs on Monday on strong U.S. housing data and investor optimism after last week's U.S.-China trade deal, with take-over bids boosting some in the construction and machine sector.. . .  Full story

Climate change pushes investors to take their temperature

09h00 Move over revenue growth and dividend payouts: it's time to take your portfolio's temperature.. . .  Full story

Ready, steady, review: Five questions for the ECB

09h00 The European Central Bank's first meeting of the year is set to bring the formal launch of a strategy review, most likely including a rethink of an inflation goal the bank has failed to. . .  Full story

Telecoms group Iliad formally launches 1.4 bln euro capital increase

08h51 French telecoms and media group Iliad formally launched on Monday its previously announced plan for a 1.4 billion euros ($1.6 billion) capital increase, which will be used to finance a share buyback offer.. . .  Full story