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Carige: Chenavari Fund retains 4.9%

Genova - The British investment fund Chenavari now holds less than 5% of Carige, reducing the size of the stake that it wound up with after the bank’s capital increase - according to CONSOB’s press release on significant equity investments

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Seaman nabbed for harassing female worker

Ulsan - A Russian crewman of a car carrier has been arrested on charges of forcibly hugging and kissing a South Korean female welfare center worker, the maritime police in Ulsan said Monday. The 44-year-old, identified only as “A,”is suspected of having molested the woman

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Gavio, from motorways to cereal

Turin - In 2010 the Gavio group joined the company, subsequently taking it over completely in 2013.

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Light quake shakes San Francisco; no immediate damage reported

Oakland - The United States Geological Survey said the quake was of magnitude 4.4 and its epicentre was at a depth of 13 kilometres (8 miles) east south east of Berkeley.

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Oil trades near strongest levels since mid-2015 on Iranian unrest

Singapore - Oil prices posted their strongest start to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid large anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia.

China will strictly implement U.N. resolutions on North Korea
Seoul Gov’t considers even shutting down Bitcoin exchanges
Ten killed in Iran protests and security forces repulse attacks
India’s steel exports rise in 2017 as China’s plunge
Iraq’s exports from southern oilfields hit record 3.535 mln bpd in Dec

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