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Covid-19: Italy, Spain move to extend curbs

Bloomberg Italy and Spain are preparing to extend virus restrictions this week as new cases surge in the two countries that were at the epicenter of the initial wave of the coronavirus pandemic in Europe. In Italy, Prime Minister Giuseppe Conte approved a plan to limit opening hours for restaurants, and shut entertainment centres and gyms. Italians will also be ...

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Creditor groups blast Argentina for post-restructuring bond blowup

Bloomberg Two of Argentina’s largest creditor groups excoriated the government for mismanaging the economy, saying the country was headed for disaster just seven weeks after restructuring $65 billion in debt. The investors urged policy makers and International Monetary Fund (IMF) to do their part to set the stage for an economic recovery. They said in a joint statement that the ...

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Telecom Italia kicks off $5b fiber plan

Bloomberg Telecom Italia SpA, Italy’s former phone monopoly, is drawing up a new plan worth between 4 billion and $5.3 billion to speed up its fiber roll-out in the country, according to a document seen by Bloomberg. Telecom Italia earlier this month launched a new tender aimed at widening the company’s fiber-to-the-home coverage to about 10 million Italian households, according ...

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