IBT Staff Reporter

13831-13860 (out of 154954)

Atlantia Shares Surge As Rival Bidders Circle

Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of Italian road and airport operator Atlantia last week after talks with its main shareholder, the two funds said.

Benettons Pose Road Block For Atlantia Suitors

Global Infrastructure Partners and Brookfield Infrastructure have pitched a possible takeover of Italian road and airport operator Atlantia but face opposition from the Benetton family, which controls the group.

Shell Raises Russia Writedown To As Much As $5 Billion

Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading activities in the first quarter, the company said on Thursday.

Analysis-Guns And Power: Positioning For New Era In European Stocks

A month of the war in Ukraine briefly erased a year's worth of gains for European equities but the continent's bourses have quickly recovered as investors have poured money into sectors such as energy and defence which are poised to benefit from one of the deepest policy shifts in the region in decades.

Maldives Shelters Sanctioned Russian Billionaires' Yachts

A day after coal and fertilizer billionaire Andrey Melnichenko was placed on the European Union's sanctions list on March 9, his superyacht Motor Yacht A stopped broadcasting its location while in Maldives' waters, maritime data shows.

U.S. And NATO Allies Pledge More Arms To Ukraine

The United States will send new weapon systems to Ukraine, Washington's top diplomat said on Thursday after NATO foreign ministers agreed to accelerate arms deliveries in response to Russia's invasion.

Stock Rebound Wobbles As Investors Zero In On Hawkish Fed

The rebound that saw U.S. stocks surge from last month's lows has started to falter, as investors factor in faster monetary policy tightening by the Federal Reserve, soaring inflation and ongoing geopolitical upheaval stemming from the war in Ukraine.

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