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ROME (Reuters) - Rome and Brussels will start talks next week to iron out technical details for the revamp of ailing carrier Alitalia, three Italian ministers said after what they referred to as a “positive and constructive” first meeting between the two sides on Friday.
FILE PHOTO: An Alitalia Airbus A320-200 passenger aircraft takes off at Fiumicino International Airport in Rome, Italy January 15, 2018. REUTERS/Max Rossi
The new Italian government held a video call with European Union Commissioner Margrethe Vestager over Rome’s plan to nationalise Alitalia, the three ministers, who were involved in the call, said. They said they had agreed with Brussels that it was necessary to ensure economic discontinuity between the old airline and a proposed new carrier.
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NEW YORK (Reuters) - Wall Street and a gauge of global equity markets rose on Friday as investors cheered signs of economic strength in a report that showed faster-than-expected U.S. jobs growth, data that initially stoked inflation concerns.
FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., March 1, 2021. REUTERS/Brendan McDermid
The session was marked by frantic trading across the globe. Asian markets dropped overnight. MSCI’s all-country index was on its longest losing streak in six months before clawing back.
All Wall Street’s main indexes closed higher, bouncing back from early losses. Investors were spooked this week by rising interest rates, which offset optimism about an economic rebound.
Norwegian Air is not asking Ireland's High Court to interfere with legal proceedings between itself and Boeing in the United States over the cancellation of 97 plane orders, a lawyer for the airline said on Friday.
Democrats in the U.S. Senate said Friday they had resolved their differences over unemployment aid in President Joe Biden's $1.9 trillion COVID-19 aid bill, enabling them to move forward with the sweeping package after hours of delay.