Quirino Mealha
Business
Telefónica and Liberty Global to buy UK fibre firm Netomnia for €2.3bn
InfraVia, Liberty Global and Telefónica, which together form the telecom joint venture Nexfibre, are set to acquire the UK's alternative network provider Netomnia for £2bn (€2.3bn), according to an announcement on Wednesday.
Economy
ECB says 'no decision made' on Lagarde's potential exit amid reports
Reports on Wednesday indicated Christine Lagarde could step down as ECB President before her mandate expires in October 2027. The ECB asserted that no decision has been made and that the President is focused on her mission, in a response to Euronews.
Markets
Google parent company Alphabet plans to sell rare 100-year bond
Google’s parent company Alphabet is offering a rare 100-year bond in sterling markets after its original $20bn (€16.8bn) US dollar bond sale was massively oversubscribed. This makes it the first tech company to sell a century bond since Motorola in 1997.
Economy
Japan's central bank holds rates steady ahead of elections
The Bank of Japan announced this Friday that its policy interest rate remains unchanged at 0.75%. The decision comes after a huge sell-off in Japanese bonds this week, triggered by Prime Minister Takaichi's call for snap elections, and unfunded tax cuts that fuelled inflation fears.
Economy
Croatia’s central bank chief nominated as next ECB vice president
Eurozone finance ministers unexpectedly selected the Croatian central bank governor to become the next VP of the European Central Bank. In a surprise move, an official from one of the euro's newest members will soon help shape European monetary policy.
Markets
The business of predicting the future is booming despite EU pushback
Prediction markets are ushering in a new era where collective judgement and "crowd wisdom" are no longer theoretical concepts but tradable commodities. Yet despite their growing success, they remain banned in many EU countries.