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Euro hits 17-month low as political uncertainty in Spain and France rattles markets
Source: CNBC
Original reporting
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CNBC
Russia ramps up attacks on Kyiv infrastructure as U.S. makes fresh push for peace talks
Russia has pledged to intensify strikes on Kyiv and other Ukrainian cities after a drone attack damaged the capital’s key Northern Bridge over the weekend.
The Guardian
BT strikes deal to rescue broadband firm TalkTalk; euro slides amid France debt burden fears – business live
TalkTalk’s wholesale and consumer arms will be sold to BT on a debt-free basis and save 900 jobs In Germany, engineering orders tumbled in August because there were no big orders, according to industry figures. Orders in Germany’s mechanical and plant engineering sector fell 5% in real terms in August from a year earlier, after two months of growth, the industry association VDMA said. There is still a lack of new investment momentum that would point to a sustained economic upswing. We are pleased to have secured the future of the TalkTalk and PXC businesses, safeguarding approximately 900 jobs and ensuring continuity of service for more than 2.4 million customers. TalkTalk and PXC are important businesses within the UK’s connectivity market, with longstanding relationships across customers, suppliers and partners. The transaction gives them a sustainable financial footing under new owne
CNBC
Treasury yields inch lower as investors pare back Fed rate hike bets
U.S. Treasury yields inched lower on Monday after a sharp selloff the week prior, as investors look ahead to the Federal Reserve's last meeting minutes.
BBC Business
BT agrees rescue deal to buy broadband operator TalkTalk
The takeover still needs to be approved by the regulator, but would give certainty to TalkTalk's millions of customers
CNBC4 outlets
Spain's PM Sanchez calls snap election after housing crisis protests
PM says vote will take place on 29 November after parliament rejected two of his government’s emergency relief measures The conservative People’s Party is very pleased with the announcement. “At last,” they say on their X, with a slick election video – set to the EU’s anthem “Ode to Joy” – to go along with it. Spanish prime minister Pedro Sánchez has called a snap election for 29 November, just days after rightwing parties blocked his minority government’s emergency measures on housing amid widespread protests ( 9:10 ). The election will take place on Sunday, 29 November, the earliest possible date procedurally. In a fierce address, Sánchez framed the election as choice between “regressing” under a “far-right coalition” or “keeping moving forward” with his progressive administration ( 9:04 , 9:09 , 9:17 ). He said the election will be about who will guide Spain through a period of disrup
CNBC
Russia hospitalizes almost 200 people after researcher's death from plague: Reports
Nearly 200 people are under medical observation in Russia’s Irkutsk region over suspected exposure to plague, according to local media reports.