Edition:
United States

Silvia Aloisi

Italy economy minister fears trade war more than battle of currencies

Jan 25 2018

DAVOS, Switzerland Italy's economy minister said on Thursday he was more worried about a possible international trade war than a tussle over currency exchange rates, following comments by the U.S. Treasury Secretary welcoming a weaker dollar.

Italy economy minister fears trade war more than battle of currencies

Jan 25 2018

DAVOS, Switzerland Italy's economy minister said on Thursday he was more worried about a possible international trade war than a tussle over currency exchange rates, following comments by the U.S. Treasury Secretary welcoming a weaker dollar. | Video

Europe's Brexit serenade failing to lure many London bankers

Jan 24 2018

FRANKFURT/DAVOS/PARIS Frankfurt and Paris are set to see a trickle rather than a wave of London bankers arrive in 2018, with the prospect of a softer Brexit discouraging them from leaving Britain immediately, executives and lobbyists say. | Video

NYSE sees no need to 'bend over backwards' to woo Aramco IPO

Jan 23 2018

DAVOS, Switzerland The New York Stock Exchange took a swipe on Tuesday at its London rival in their battle to attract the foreign listing of shares in oil giant Saudi Aramco, saying it didn't need to "bend over backwards" to lure what could be the world's biggest IPO. | Video

Heavy snow humbles the global elite at Davos summit

Jan 23 2018

DAVOS, Switzerland The global economy and geopolitical tensions are taking a back seat to a more immediate problem at this year's Davos summit of political and business leaders: heavy snow is burying the venue. | Video

Heavy snow humbles the global elite at Davos summit

Jan 23 2018

DAVOS, Switzerland The global economy and geopolitical tensions are taking a back seat to a more immediate problem at this year's Davos summit of political and business leaders: heavy snow is burying the venue. | Video

Intesa Sanpaolo's top priority in plan is cutting bad loans: CEO

Jan 23 2018

DAVOS The top priority in Intesa Sanpaolo's new business plan will be cutting the Italian bank's exposure to non-performing loans, Chief Executive Carlo Messina said on Tuesday. | Video

SocGen CEO expects better market conditions in 2018 and beyond

Jan 23 2018

DAVOS Societe Generale chief executive Frederic Oudea is "very positive" about the French bank's set-up in capital markets and expects to see better market conditions in 2018 and beyond, he told Reuters on Tuesday.

EU parliament head challenges ECB over bad loan guidelines

Oct 10 2017

MILAN The head of the European parliament has challenged the European Central Bank over how new guidelines for bank bad loans are being set, escalating a row between Italy and the ECB over the proposed measures.

Monte dei Paschi reports 3.1 billion euro loss as state steps in

Aug 11 2017

MILAN Monte dei Paschi di Siena reported a 3.1 billion euro ($3.7 billion) second-quarter loss after additional writedowns on the bad loans Italy's fourth biggest bank is selling as part of its bailout by the state.

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