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Italy sets sights on 'broadband everywhere'

2016-04-07 14:57:00| Telecompaper Headlines

(Telecompaper) Italian prime minister Matteo Renzi has reiterated his government's goal of "broadband everywhere" at an event in Rome attended by the chief executives of operators Wind, Vodafone Italia and utility giant Enel. Renzi said the first tenders to build a high-speed broadband network in digital divide areas that have been unable to attract private investment (known as clusters C and D) will be launched on 29 April. The event also saw Enel reveal further details of its EUR 2.5 billion plan to help bring ultrafast broadband to around 7.5 million homes in 224 Italian cities via its newly-created Enel Open Fiber venture. Enel CEO Francesco Starace said work would begin in the cities of Perugia, Catania, Cagliari, Bari and Venice, to be followed in the autumn by Florence, Genoa, Naples, Palermo and Padua.

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Treasury Department sets its sights against inversions

2016-04-05 02:28:41| Biotech - Topix.net

" The Treasury Department announced a new package of rules Monday aimed at making "tax inversions" " when U.S. companies move abroad for lower tax rates " less financially appealing. The new regulations, the third round that Treasury has put forward on inversions, seek to limit internal corporate borrowing that shifts profits out of the United States.

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Daimler heir apparent sets path forward for Mercedes

2016-04-05 01:29:52| Automakers - Topix.net

Age: 46 Nationality: Swedish Education: Master's degree in international management and finance and accounting from the Stockholm School of Economics and the University of St. Gallen, Switzerland. Joined Daimler-Benz AG as trainee in 1993.

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FDA sets limit for inorganic arsenic in infant rice cereal

2016-04-05 01:00:00| Food Processing Technology

The US Food and Drug Administration (FDA) has proposed a limit for inorganic arsenic proportion in infant rice cereal.

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WWE sets records with Wrestlemania 32

2016-04-04 22:36:45| Telecom - Topix.net

Wrestlemania 32 was held April 3, 2016 in Arlington, Texas, setting an attendance record for the event held by Stamford, Conn.-based WWE. Photo via BusinessWire.

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