Chief Financial Correspondent, Italy, Milan
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Apr 27, 2013
Apr 26, 2013

Italy’s six-month borrowing costs fall to record low

MILAN (Reuters) – Italy’s six-month debt costs fell to a record low at an auction on Friday as investors expected prime minister-designate Enrico Letta to bring together rival parties and quickly form a government.

Analysts also said expectations of an interest rate cut in the euro zone and the current hunt for returns were also helping to drive down Italian borrowing costs.

Apr 25, 2013
Apr 25, 2013
Apr 25, 2013
Apr 25, 2013
Apr 25, 2013
Apr 25, 2013
Apr 24, 2013
Apr 22, 2013

Hutchison not targeting Telecom Italia fixed network-source

MILAN, April 22 (Reuters) – Hutchison Whampoa is
targeting Telecom Italia’s mobile business and would
not oppose a spin-off of its fixed-line network, thus removing a
major political hurdle to a deal, a source familiar with the
matter told Reuters.

Italy’s biggest phone operator and the Hong Kong-based
conglomerate are in preliminary contacts over a possible tie-up
that would see Hutchison owning 29.9 percent of Telecom Italia
after selling its 3 Italia mobile business to the group and
buying out some other shareholders.

    • About Lisa

      "I have been a correspondent for 13 years, reporting on banks, financial regulation and EU politics from London, Brussels, Zurich and Milan. I have also written about a variety of business sectors, general news, the arts and sport. As Chief Financial Correspondent for Italy, I keep a close eye on top Italian business stories, particularly Fiat and banking."
      Hometown:
      Milan
      Joined Reuters:
      1998
      Languages:
      English, Italian, French, German, Dutch, Spanish
      Awards:
      2010 Reuters Star Performer Award
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