IBT Staff Reporter

Telecom Italia (TIM) and Italian state investor CDP have signed a preliminary agreement to combine the phone group's fixed network assets with those of state-owned broadband rival Open Fiber, they said late on Sunday.

Telecom Italia (TIM) and state lender CDP said late on Sunday they had signed a preliminary accord to pave the way for a single broadband network, as the country's former phone monopoly works to hive off its landline grid.

Nadal, Djokovic set up French Open quarter-final clash as Alacaraz cruises

Sweden's Marcus Ericsson survived a two-lap shootout to win a dramatic Indianapolis 500 on Sunday, as the Brickyard reclaimed the mantle of the world's biggest single day sporting event, living up to its billing as the 'Greatest Spectacle in Racing".

Sweden's Marcus Ericsson prevailed in a two-lap shootout to win a dramatic Indianapolis 500 on Sunday as the Brickyard reclaimed the mantle of the world's biggest single day sporting event, living up to its billing as the 'Greatest Spectacle in Racing".

Sweden's Marcus Ericsson prevailed in a two-lap shootout to win a dramatic Indianapolis 500 on Sunday as the Brickyard reclaimed the mantle of the world's biggest single day sporting event, living up to its billing as the 'Greatest Spectacle in Racing".

Nepal's economy is expected to expand by 5.8% in the current financial year ending mid-July, helped by a pick-up in economic activity following a fall in COVID-19 cases, the finance minister said on Sunday.

Sri Lanka's Prime Minister Ranil Wickremesinghe said on Sunday his government was working on amending the constitution to make the president and cabinet accountable to parliament.

Sri Lankan Prime Minister Ranil Wickremesinghe said on Sunday his government was working to make the president and cabinet accountable to parliament, after weeks of street protests triggered by the country's worst economic crisis in decades.

The governor of Japan's Niigata prefecture easily defeated his anti-nuclear opponent in an election on Sunday, public broadcaster NHK said, a result that could embolden members of the ruling party who are pushing for the country's largely idled nuclear energy plants to be revived.

Italy is considering tightening a state guarantee scheme designed to help banks shed bad debts while weighing its extension to cushion the hit from the Ukraine war and the pandemic, according to people familiar with the matter.

Italy is considering tightening a state guarantee scheme designed to help banks shed bad debts while weighing its extension to cushion the hit from the Ukraine war and the pandemic, according to people familiar with the matter.

India on Sunday withdrew a warning not to share photocopies of the national biometric identity card after the announcement caused widespread panic on social media.

President Joe Biden on Sunday sought to comfort families in the Texas town of Uvalde following the nation's deadliest school shooting in a decade as federal officials announced they would review law enforcement's slow response.

President Joe Biden tried to comfort families in the south Texas town of Uvalde on Sunday after the nation's deadliest school shooting in a decade as federal officials announced they would review local law enforcement's slow response to the attack.

Search paused in Nepal for missing plane with 22 on board

India's annual monsoon, which delivers about 70% of the country's rainfall, arrived on the coast of southern Kerala state on Sunday, the state-run India Meteorological Department said, two days ahead of the usual time.

Historic leftist win in first round of Colombian presidential vote

A plane operated by a private airline in Nepal went missing on Sunday with 22 people on board, officials told Reuters, saying cloudy weather was preventing search helicopters from flying into the area of the flight's last known location.

A 43-year-old plane operated by a private airline in mountainous Nepal went missing on Sunday with 22 people on board, and officials said cloudy weather was preventing search helicopters from flying into the area of the flight's last known location.

A small passenger plane operated by a private airline went missing in mountainous Nepal on Sunday with 22 people on board during cloudy weather, and officials said search teams had been sent to the site of a fire spotted by local residents.

A small passenger plane with 22 people on board went missing in cloudy weather in Nepal on Sunday and authorities suspended a search in difficult terrain as night fell.

Market day on Ukraine front charts Russia's advance

Colombians voted on Sunday to choose a new president from among a former rebel promising generous social programs, a center-right candidate warning against a leftist economic mode, and an eccentric business magnate.

Colombian leftist Gustavo Petro came out on top in the first round of the Andean country's presidential election on Sunday and will face a surprise contender - businessman Rodolfo Hernandez - in a second round on June 19.

Shanghai announced on Sunday further steps towards returning to more normal life and lifting a two-month COVID-19 lockdown this week, while Beijing reopened parts of its public transport, some malls, gyms and other venues as infections stabilised.

Shanghai said on Sunday "unreasonable" curbs on businesses will be removed from June 1 as it looks to lift its COVID-19 lockdown, while Beijing reopened parts of its public transport as well as some malls and other venues as infections stabilised.

Russian forces intensified their assault on the Ukrainian city of Sievierodonetsk on Sunday after claiming to have captured the nearby rail hub of Lyman, as Kyiv issued new calls for longer-range weapons from the West.

Russian forces intensified their assault on the largest city held by Ukrainian forces in the Donbas region in the east on Sunday as Kyiv said it was hopeful longer-range weapons it desperately needs from Western allies could soon arrive.