Italians vote tests will to endure more economic reform, turnout down in first day of voting
ROME – Italians began voting for a second day Monday in a national election that will determine if they are prepared to stay the course of painful economic reform or send a message of discontinuity to the political class that led the country to the brink of disaster by rallying around a protest party.
Japan to raise $10 billion through Japan Tobacco share sale
TOKYO (Reuters) – Japan's government will sell around a third of its stake in Japan Tobacco Inc , the world's No.3 tobacco com pany, to raise about $10.4 billion for reconstruction of areas devastated by a 2011 earthquake and tsunami. The Ministry of Finance, which owns just over 50 percent of the $62 billion former state monopoly, is selling 333 million shares, according to a regulatory filing on Monday, with the deal to be priced between March 11-13. The offering, the largest such deal since the U.S. Treasury's $20. …
Monday, February 25, 2013
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