PAL to undertake capital restructuring - The Philippine Star
San Miguel plans to put up nickel refinery - Philippine Daily
NOTE: Reuters has not verified these stories and does not vouch for their accuracy. (Compiled by Manila Newsroom)
Fininvest says to challenge ECB decision on Mediolanum stake in court
MILAN, Oct 28 Italy's Fininvest said on Friday it will challenge in court a decision by the European Central Bank that could force it to reduce its 30 percent stake in asset gatherer Banca Mediolanum.
Fitch Revises 4 Italian Banks' Outlooks to Negative on Sovereign Outlook Revision
(The following statement was released by the rating agency) MILAN/LONDON, October 28 (Fitch) Fitch Ratings has revised the Outlooks of Intesa Sanpaolo (IntesaSP), Credito Emiliano (Credem), Mediobanca and Banca Nazionale del Lavoro (BNL) to Negative from Stable while affirming their Long- and Short-Term Issuer Default Ratings (IDRs). A full list of rating actions is available at the end of this rating action commentary. The four banks' Outlook revision to Negative follows the revision of Ita