GIUSEPPE CACACE | AFP | Getty Images Italy’s largest bank, UniCredit, said on Tuesday it would raise 13 billion euros ($13.83 billion) in the country’s biggest share issue to clean up its balance sheet and boost longer-term profitability. UniCredit’s move comes at a troubled time for Italian banks and the economy, with the third-largest bank, Monte dei Paschi di Siena, at risk of failure, a new government just installed in Rome and early elections expected next year. UniCredit has lost more than half its value this year, weighed down by concerns over profitability, bad loans and a weaker balance sheet…
Author: Deep
Read More
Italy’s new prime minister, Paolo Gentiloni, said on Tuesday that his government would be ready to take action to support the country’s troubled banking sector. Camilla Morandi – Corbis | Corbis Entertainment | Getty Images Paolo Gentiloni Sworn In As Italian Prime Minister “I want to say very clearly that the government … is ready to intervene in order to guarantee the stability of banks and the savings of our citizens,” he told the Chamber of Deputies in his first address as prime minister. Monte dei Paschi di Siena, Italy’s third-biggest lender, is pressing ahead with a last-ditch attempt to…
Robyn Beck | AFP | Getty Images Sen. Elizabeth Warren speaks at a campaign rally for Democratic presidential candidate Hillary Clinton October 24, 2016 at Saint Anselm College in Manchester, New Hampshire. Senator Elizabeth Warren, furious about President-elect Donald J. Trump’s appointments of finance industry insiders, took to Facebook a little over a week ago to fire off a message to her nearly 2.5 million followers. She took aim at an individual she described as a “hedge fund billionaire” who is “thrilled by Donald Trump’s economic team of Wall Street insiders.” The hedge fund manager she condemned was Whitney Tilson,…
Last month, Oxford University set a benchmark by issuing this directive to make sure transgender students were not offended. Oxford University tells its students to use gender neutral “Ze” instead of “he” or she” RELATED STORIES National Education Policy: Government to announce committee in 10 days, says Javadekar #DemonetisationEffect: CBSE schools to go cashless from January UP Board Exams 2017: Cancelled, new date sheets to be released soon School principals to get report cards in Bhopal Cyclone Vardah likely to hit by 1:30 pm: Schools, colleges closed in four districts of Tamil Nadu Oxford University recently directed its students to…
State school and mass education minister Debi Prasad Mishra said the government has planned to include the former chief minister’s biography in the high school syllabus as part of the state’s tribute to the legendary leader on his birth centenary In picture, Former Chief Minister of Odisha Biju Patnaik RELATED STORIES National Education Policy: Government to announce committee in 10 days, says Javadekar #DemonetisationEffect: CBSE schools to go cashless from January UP Board Exams 2017: Cancelled, new date sheets to be released soon School principals to get report cards in Bhopal Cyclone Vardah likely to hit by 1:30 pm: Schools,…
It sure looked like Microsoft was putting MS-DOS out to pasture. Now it’s saying that the MS-DOS command prompt cmd will continue to live on. According to a Microsoft spokesperson, “Microsoft is not removing Cmd from Windows, but rather changing the default shell, launched via File Explorer and the [Win] + [X] power-user menu, from Cmd to PowerShell. Users can opt to change the default shell back to Cmd via Settings and can continue to launch whichever shell they prefer, be it Cmd, PowerShell, or Bash (if enabled) via the Start menu. The Windows Cmd shell has a long heritage…
Apple is releasing its wire-free Bluetooth AirPods in time for Christmas, skating under the wire juuuuust barely by making them available to order online today with an initial ship date of December 21. AirPods will also be available in Apple Stores on December 21, Buzzfeedreports. Apple announced the AirPods back in September alongside the headphone jack-less iPhone 7 and 7 Plus, positioning the $159 earphones as the perfect accessory. But then the pre-announced shipping date—sometime in October—came and went with no AirPods to be seen. Rumors swirled last week that Apple was troubleshooting connectivity issues with the AirPods, which operate independently…
Deals for the Huawei Honor 8 are rather common these days and now we’ve got yet another offer in the US. Specifically, Amazon is selling both 32GB and 64GB models for $100 less than their usual prices. A quick look at Honor’s US website reveals that the models are officially being sold for $399 and $449, meaning purchasing through Amazon will actually save you $100. There’s currently no information on when the offers end, so those planning to avail them may have to act fast. source”cnbc”
There is a lot to like about Samsung’s relatively new “C” family of handsets. All-metal bodies, Super AMOLED panels and new and efficient Qualcomm Snapdragon chipsets. Luckily, the Korean giant overturned its original decision to only keep the line on the Chinese market. And the timing couldn’t be better, now that the upgraded Galaxy C9 Pro is already official in China. Samsung Galaxy C9 Pro in black Samsung Galaxy C9 Pro in black Industry sources are already busy talking of an impending international release, but in the meantime, there is a new black color variant of the handset, making the…
Samsung is reportedly bringing the Y-OCTA display tech, first seen on the Galaxy Note7, to the upcoming Galaxy S8 flagship. Even better, Samsung may end up using the exact same display on the S8. The Galaxy S8 has been subjected to some wild speculations over the past few months. The interest towards the upcoming flagship is huge post the Note7 global recall. Recently we heard the S8 may end up using an RGB AMOLED screen, an arrangement the company last used the Galaxy S II. It was unclear if it will be put on the 5.7″ or the 6.2″ flavors…