Italy market turmoil: Winners and losers
By Bloomberg
31 May 2018 |
8:40 am
Italian markets have erased all of 2018's gains after shares were hit by political uncertainty.
Related
5 Feb
Almost all European chambers of commerce remain active in Myanmar nearly two years on from a military coup that ousted a democratically-elected government and sparked a civil war.
4 Feb
Battery electric vehicles have climbed to a record share of new car sales in the EU, albeit still a modest 12.1%. In the last quarter, alternatively-powered vehicles outsold petrol and diesel for the first time.
3 Feb
The Adani Group conglomerate has seen tens of billions of euros wiped off its market value since a short-seller's report accused it of pulling "the largest con in corporate history" last week. It has now cancelled a €2.2 billion ($2.5 billion) share sale meant to help reduce debt levels. Billionaire founder Gautam Adani maintains that the "fundamentals" of the group are "strong".
25 Feb
This week saw the release of a wide-ranging investigation into the lucrative disinformation industry, published by a media consortium led by the French NGO Forbidden Stories. At the centre of the story is a shadowy Israeli group nicknamed "Team Jorge" who claims it has influenced 33 elections worldwide with a potent combination of phone hacking and thousands of fake profiles.
2 Mar
The disappearance of Chinese banker Bao Fan has renewed concerns about Beijing's crackdown on entrepreneurs. Experts say the trend will cause investors to lose confidence in China.
8 Mar
France is growing older. However, Europe's record-breaking life expectancy has a downside: in order to pay for its increasingly healthy legion of retirees, the French right wing says there's no other option but to raise the retirement age from 62 to 64.
17 Mar
European markets have calmed down after Credit Suisse secured a lifeline of up to 50 billion Swiss francs from the country's central bank. The crisis is just the latest to hit the embattled lender, which has suffered a string of scandals and management issues. Jitters over the banking sector remain as the European Central Bank decides on the next rate hike.
25 Mar
On March 20, 2003, a US-led coalition invaded Iraq. Years of conflict and insecurity followed, with wide-ranging consequences to this day. In mid-April 2003, as American troops advanced on Baghdad amid the collapse of Saddam Hussein's regime, the Baghdad Museum was looted and tens of thousands of pieces disappeared. Twenty years later, many of these priceless artefacts are still missing and antiquity trafficking remains a serious problem in Iraq. Our correspondent reports.
28 Mar
Three decades after China enshrined the goal of a "socialist market economy" in its constitution, the era of "reform and opening up" appears to have ended, say experts.
Tinubu will give Nigeria effective leadership – Buhari, Fire razes building in Lagos market and more
28 Mar
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
9 Apr
Tanzanian traders doing business in Kenya have raised concerns that the weekly demonstrations by the opposition are negatively affecting their business. Kenya is the main destination for Tanzania's corn exports.
8 Apr
Disney CEO Bob Iger has criticised Florida governor and Republican presidential hopeful Ron DeSantis as being "anti-business" and "anti-Florida". The comments are part of an ongoing feud between the entertainment giant and DeSantis that started when Disney voiced its opposition to a state law banning education on LGBT issues in schools.
Latest
1 day ago
Although climate change has been conspicuously absent from Nigeria's political agenda, the tangible effects of global warming are undeniably present. The country has one of the highest rates of desertification in the world, many of its cities are under threat from rising sea levels, and the 2022 floods resulted in hundreds of fatalities and displaced over a million people.
1 day ago
A divided U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hardline conservatives and avoid a catastrophic default.
1 day ago
For the first time in nine years, leaders from the regional bloc formerly known as the Union of South American Nations have convened this week in Brazil. The gathering of these 11 countries has demonstrated a renewed spirit of cooperation. A notable highlight is Brazilian President Lula da Silva's meeting with Venezuela's authoritarian President Nicolas Maduro, a significant move, as diplomatic relations were severed under Lula’s predecessor, Jair Bolsonaro.
1 day ago
The wildfires have displaced thousands and continued to endanger communities on the outskirts of Halifax, Nova Scotia.
1 day ago
A child was among those killed in the missile attacks on Kyiv's eastern outskirts, according to Ukrainian officials.
1 day ago
On one page of 15 pages of early drafts for the rock opera, songwriter Freddie Mercury wrote the words “Mongolian Rhapsody” near the top – but crossed out the first word and wrote “Bohemian” above it, the New York Times reports.