Fidelity cuts stake in Saipem to 1.935 pct - Consob

MILAN Tue Feb 5, 2013 6:25am EST

MILAN Feb 5 (Reuters) - Fund manager Fidelity reduced its stake in oil service group Saipem to 1.935 percent from a previous 2.641 percent, according to filings of Italian market regulator Consob dated Jan. 31.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.