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TIT - Telecom Italia SpA News Story

€0.428 0.0  0.1%

Last Trade - 4:38pm

Sector
Telecoms
Size
Large Cap
Market Cap £5.57bn
Enterprise Value £28.59bn
Revenue £13.58bn
Position in Universe 53rd / 725

UPDATE 1-UK Stocks-Factors to watch on April 20

Tue 20th April, 2021 7:43am
(Adds news items)
    April 20 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening 15 points lower at 7,005 on Tuesday, according to
financial bookmakers, with futures  FFIc1  down 0.1%, ahead of
the cash market open.
    
    * AB FOODS: Associated British Foods  ABF.L  reported a
halving in first-half profit, hurt by COVID-19 lockdowns which
shuttered its Primark fashion stores.  urn:newsml:reuters.com:*:nL8N2MD186
    * HAMMERSON: Hammerson  HMSO.L  named a new finance chief
and said it was encouraged by a recovery in footfalls at its
malls in England as the country lifted some coronavirus-related
restrictions this month.  urn:newsml:reuters.com:*:nL4N2MD1KZ
    * JOBS: Britain's unemployment rate unexpectedly fell for a
second month in a row to 4.9% in the December-to-February
period, most of which the country spent under a tight COVID-19
lockdown, official figures showed.  urn:newsml:reuters.com:*:nL8N2MD17C
    * JUPITER: British firm Jupiter Fund Management  JUP.L  said
it recorded net outflows of 776 million pounds in the first
quarter, mainly due to lower client demand for UK and
Europe-focused equity strategies.  urn:newsml:reuters.com:*:nL4N2MD1KM
    * RIO TINTO: The global miner  RIO.AX  reported lower
quarterly iron ore output, as wet weather and labour shortages
impacted its mine and port operations in Western Australia.
 urn:newsml:reuters.com:*:nL4N2MC4CN
    * SUPER LEAGUE: Broadcasters who have spent billions of
dollars to screen Champions League soccer have condemned the
plan by top European clubs to form a breakaway Super League as a
threat to the future of the game that will not succeed.
 urn:newsml:reuters.com:*:nL8N2MC40C
    * ELEMENTIS: The British chemical company  ELM.L  got a
fresh takeover bid from U.S.-based Innospec Inc  IOSP.O  that
values it at over 1 billion pounds, Sky News reported late on
Monday.  urn:newsml:reuters.com:*:nFWN2MC0QV 
    * BT: Italy's competition watchdog said on Monday it had
started a probe over Telecom Italia's  TLIT.MI  proposed
acquisition of two of British telecoms group BT's  BT.L 
business units in the country.  urn:newsml:reuters.com:*:nS8N2L903W
    * BANKS: Britain's top banks may face action to make it
easier for small businesses to open a bank account, lawmakers
said on Tuesday, after companies complained about lenders as
they struggle during the COVID-19 pandemic.  urn:newsml:reuters.com:*:nL8N2MC2FN 
    * INSURANCE: The cost of a comprehensive car insurance
policy in Britain slumped 14% in the first quarter of 2021, the
lowest level since 2015, as different phases of lockdowns kept
motorists off the streets, a survey showed.  urn:newsml:reuters.com:*:nL4N2MC2SN
    * OIL: Oil prices rose as a weaker U.S. dollar supported
commodities and on expectations that crude inventories fell in
the United States, the world's biggest oil user, though rising
coronavirus cases in Asia capped gains.  O/R  
    * London's FTSE 100 ended lower on Monday, dragged down by a
stronger pound and as weaker oil prices weighed on energy firms.
 urn:newsml:reuters.com:*:nL4N2MC1VI
    * For more on the factors affecting European stocks, please
click on:  LIVE/     
    TODAY'S UK PAPERS
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 

 (Reporting by Yadarisa Shabong in Bengaluru; Editing by
Shailesh Kuber)
 ((Yadarisa.Shabong@thomsonreuters.com; Twitter: https://twitter.com/Yadarisa;
 +919742735150;))
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