Russia resumes gas flows via Nord Stream, Europe still wary

Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, the operator said, allaying Europe’s immediate winter supply fears after President Vladimir Putin had warned that flows could be cut further or stopped.

Under-fire Telecom Italia CEO faces board showdown

Telecom Italia (TIM) (TLIT.MI) CEO Luigi Gubitosi faces the board on Thursday at a meeting sought by top investor Vivendi (VIV.PA) following two profit warnings in three months at Italy’s former phone monopoly.