Reuters

By Giuseppe Fonte and Francesca Landini

ROME (Reuters) -Italy's Treasury on Wednesday sold a 2.8% stake in energy group Eni, pocketing around 1.4 billion euros ($1.52 billion) in its drive to raise cash to bolster the country's creaking public finances.

Rome carried out the transaction through an accelerated bookbuilding procedure (ABB) and placed the shares at 14.855 euros each, offering a 1.7% discount to Wednesday's closing price, the... (continue reading...)

(Reuters) - The Federal Reserve Bank of Kansas City on Wednesday said its annual central banking conference in Jackson Hole, Wyoming, will take place from Aug. 22-24.

The event, one of the premier global central bank gatherings of the year, which typically features a keynote speech from Federal Reserve Chair Jerome Powell, will focus on the topic "Reassessing the Effectiveness and Transmission of Monetary Policy," the bank said.

By John Kruzel

WASHINGTON (Reuters) - The U.S. Supreme Court preserved - for now - a Louisiana electoral map with two of the state's six congressional districts majority Black - a ruling on Wednesday with implications for the Nov. 5 election that will determine which party controls the U.S. House of Representatives.

The justices granted a request by state officials and a group of Black voters to temporarily halt a federal three-judge... (continue reading...)

By Dietrich Knauth

NEW YORK (Reuters) - Major League Baseball, the National Hockey League and the National Basketball Association said on Wednesday that bankrupt broadcaster Diamond Sports may not survive without a new deal with cable distributor Comcast.

The sports leagues told a bankruptcy judge at a court hearing in Houston that they need more information about a negotiating impasse that caused Diamond's Bally Sports-branded channels... (continue reading...)

By Guy Faulconbridge

MOSCOW (Reuters) - Russian President Vladimir Putin will visit China on Thursday for talks with Xi Jinping that the Kremlin hopes will deepen a strategic partnership between the two most powerful geopolitical rivals of the United States.

China and Russia declared a "no limits" partnership in February 2022 when Putin visited Beijing just days before he sent tens of thousands of troops into Ukraine, triggering the... (continue reading...)