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Italy ranks 25th out of 28 EU member states in terms of take-up of ultrafast Internet, also raising questions about the possible returns for massive broadband rollout platinum cufflinks uk sale. TIM management has argued Elliott’s calculations for the ServiceCo’s cashflow and dividends were too optimistic and a NetCo spinoff risked leaving a much weaker stub behind, without the financial benefits that vertically integrated telcos enjoy, potentially putting thousands of jobs at risk. “They have no idea what they are up against. If not done right, this will be financial suicide,” one source said..

NEW YORK (Reuters) – California utility PG&E Corp (PCG.N), facing investor concerns over its possible role in the deadly Camp Fire in Northern California, has reported another power-line outage that it experienced on the morning of Nov. 8 when the blaze started. The incident report, which was filed on Friday with the safety division of the California Public Utilities Commission (CPUC), said a line near the area of Concow in Butte County suffered an outage at 6:45 a.m platinum cufflinks uk sale. on Nov. 8. The information in the report is preliminary, according to a spokesman for PG&E, who said the company was cooperating with any investigations..

The utility has said it could face liability that exceeds its insurance coverage if its equipment were found to have caused the Camp Fire. The cause of the blaze, which was 60 percent contained on Sunday, is under investigation. In a previous regulatory report, PG&E, which operates in the northern part of California, said it experienced an outage on a transmission line on the morning of Nov. 8 near the town of Pulga, near where the fire is thought to have started. Authorities were still searching for signs of the 1,276 people listed as missing after the Camp Fire tore through the mountain town of Paradise platinum cufflinks uk sale. The remains of 76 people have been recovered so far in what is considered the state’s deadliest-ever wildfire..

A CPUC spokesman confirmed that the agency received the second report on Friday, and said the incident would be incorporated into its investigation “to assess the compliance of electric facilities with applicable rules and regulations in fire impacted areas.” platinum cufflinks uk sale. Investors are watching for clues about whether California’s government will step in to save PG&E should it eventually be found responsible for the fire and should any potential liability exceed the utility’s resources..

LONDON (Reuters) – Brexit will be foremost in investors’ minds in the coming week, though a smattering of data will offer further indications as to how much global economic growth, bogged down by politics and trade wars, is slowing platinum cufflinks uk sale. British Prime Minister Theresa May is fighting for her political life after the draft divorce deal she agreed with the European Union provoked an exodus of senior ministers and open mutiny in her ruling Conservative party. With little over four months to go until Britain is due to leave the EU, pitching the world’s fifth largest economy into the unknown, it is still unclear just how – and on what terms – it will do so..