 | | | | RCS MediaGroup and Blackstone have reached an agreement to settle the legal row on the disputed sale of the headquarters of the Italian publishing company by the U.S. fund in 2013, a source close to the situation said on Friday. | | | | | | The European Commission is set to adopt on Friday its seventh package of sanctions against Russia, which will add a ban to the import of Russian gold and tweak existing restrictive measures to avoid hampering food exports, two officials told Reuters. | | | | | | U.S. equity funds witnessed outflows for the third week in a row in the week ended July 13, on pessimism over economic growth and earnings outlook as companies are hit by higher borrowing costs and lower margins. | | | | | | The World Bank is seeking to block release of a report prepared for the Group of 20 major economies that calls for lowering the bank's capital requirements to boost its lending capacity, four sources familiar with the matter said. | | | | | | British drugmaker GSK will spin off its consumer health business Haleon worth up to an estimated 48 billion pounds ($57 billion) on Monday in the biggest listing in Europe in over a decade. | | | | | | A government crisis in Italy is complicating a politically sensitive plan devised by the European Central Bank to support indebted euro zone countries on the bond market before it even starts in earnest. | | | | | | U.S. stock index futures eked out gains on Friday as investors braced for retail sales data, while Wells Fargo became the third major U.S. bank to report disappointing earnings. | | | | | | Telecom firm Ericsson has received clearance from the U.S. national security panel to complete a $6.2-billion acquisition of cloud communications firm Vonage , the Swedish company said on Friday. | | | | | | Barry Callebaut said that it would restart the first chocolate production lines as of early August at its factory in Wieze, Belgium, following a salmonella outbreak at the site. | | | | | | Warren Buffett's near 20% stake in Occidental Petroleum has some investors expecting the billionaire to eventually absorb the oil producer and turn it into a "cash machine" that feeds his other investments. | | | | | |
