 | | | | White House officials on Tuesday could not say how the U.S. government would receive a portion of the proceeds from any sale of TikTok's U.S. operations, one day after President Donald Trump called for a cut of the money. | | | | | | Italy's Atlantia said on Tuesday it had encountered "concrete difficulties" in talks with state lender Cassa Depositi e Prestiti (CDP) over CDP's planned investment in its Autostrade per l'Italia and was studying alternative options. | | | | | | U.S. investment firm KKR has agreed to extend its binding offer for a minority stake in Telecom Italia's secondary grid until end-August at the request of the Italian government, two sources close to the matter said on Tuesday. | | | | | | Gold surged past the $2,000 mark on Tuesday after Democrats and the White House appeared closer to agreement on new stimulus to help the coronavirus-hit economy while stocks on Wall Street traded mixed as investors awaited more aid from Washington. | | | | | | Brent oil futures on Tuesday closed at their highest since early March on hopes the United States is making progress on a new economic stimulus package, as well as curbing the coronavirus spread. | | | | | | Wall Street was mixed on Tuesday, buoyed by Apple and energy stocks but pulled lower by AIG and Microsoft, as investors awaited more U.S. government stimulus to reduce economic fallout from the coronavirus pandemic. | | | | | | Brazil's state-controlled development bank BNDES raised 8.1 billion reais ($1.53 billion) by selling 135 million shares in miner Vale SA in an auction on Tuesday morning, a source familiar with the matter said. | | | | | | (This August 3 story corrects name of Vroom CEO in paragraph 12 to Hennessy) | | | | | | The U.S. Securities and Exchange Commission is investigating the circumstances around Eastman Kodak Co's announcement of a $765 million government loan to make drugs at its U.S. factories, the Wall Street Journal reported on Tuesday. | | | | | | South Africa's Labour Court on Tuesday ordered state defence firm Denel to pay workers outstanding salaries for May, June and July by Friday, Aug. 7, a copy of the court judgment showed. | | | | | |
