Interviews

Leadership shake-up to test Mexican central bank as inflation soars

Mexican President Andres Manuel Lopez Obrador’s surprise shakeup of the nomination process for the Bank of Mexico’s (Banxico) next chief has cast doubt over the bank’s rate-tightening cycle as it battles to keep high inflation in check.

Nokia to team up with YADRO to build 4G, 5G base stations in Russia

Nokia (NOKIA.HE) and Russia’s YADRO plan to set up a joint venture to build 4G and 5G telecom base stations in Russia, the two equipment makers said on Wednesday, as a deadline for building networks using only Russian equipment approaches.

Italy’s Enel cranks up spending to become carbon-free by 2040

Europe’s biggest utility Enel (ENEI.MI) will spend 170 billion euros ($191.2 billion) to 2030 and will seek to draw in additional funds from partners and others for its projects as it brings forward plans to become a carbon-free company by 2040.

Asian shares on edge as U.S. bond yields rise, oil volatile

Share markets were jittery in early Asia on Wednesday as trading was buffeted by a step-up in U.S. Treasury yields as well as volatile oil prices in the face of price-cooling moves by the United States and other nations.

Leadership shake-up to test Mexican central bank as inflation soars

Mexican President Andres Manuel Lopez Obrador’s surprise shakeup of the nomination process for the Bank of Mexico’s (Banxico) next chief has cast doubt over the bank’s rate-tightening cycle as it battles to keep high inflation in check.

Nokia to team up with YADRO to build 4G, 5G base stations in Russia

Nokia (NOKIA.HE) and Russia’s YADRO plan to set up a joint venture to build 4G and 5G telecom base stations in Russia, the two equipment makers said on Wednesday, as a deadline for building networks using only Russian equipment approaches.

Italy’s Enel cranks up spending to become carbon-free by 2040

Europe’s biggest utility Enel (ENEI.MI) will spend 170 billion euros ($191.2 billion) to 2030 and will seek to draw in additional funds from partners and others for its projects as it brings forward plans to become a carbon-free company by 2040.

Asian shares on edge as U.S. bond yields rise, oil volatile

Share markets were jittery in early Asia on Wednesday as trading was buffeted by a step-up in U.S. Treasury yields as well as volatile oil prices in the face of price-cooling moves by the United States and other nations.

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