Telecom Italia: ponders sale.  Photographer: Andrey Rudakov/Bloomberg

Telecom Italia may sell a controlling stake in Telecom Argentina to investment fund Fintech, as part of a new strategy aimed at raising €4 billion to (...)

Janet Yellen: US stocks fluctuated, after the benchmark index’s biggest two-day decline since June, as a report that  Ms Yellen was picked to lead the Federal Reserve offset concern that the debt impasse will harm the economy. Photograph: Reuters/Gary Cameron

Deadlock in Washington was the main topic on the floors of stock markets yesterday, prompting investors to mark time and wait to see what happens.The (...)