Advertisement
UK markets close in 2 hours 20 minutes
  • FTSE 100

    8,116.32
    +37.46 (+0.46%)
     
  • FTSE 250

    19,781.56
    +179.58 (+0.92%)
     
  • AIM

    754.70
    +1.58 (+0.21%)
     
  • GBP/EUR

    1.1671
    +0.0015 (+0.13%)
     
  • GBP/USD

    1.2516
    +0.0005 (+0.04%)
     
  • Bitcoin GBP

    51,178.91
    +759.89 (+1.51%)
     
  • CMC Crypto 200

    1,383.71
    -12.82 (-0.92%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CRUDE OIL

    84.24
    +0.67 (+0.80%)
     
  • GOLD FUTURES

    2,358.40
    +15.90 (+0.68%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,046.00
    +128.72 (+0.72%)
     
  • CAC 40

    8,049.09
    +32.44 (+0.40%)
     

Telecom Italia CEO Under Fire After Bashing Directors

Telecom Italia CEO Under Fire After Bashing Directors

Telecom Italia Chief Executive Officer Amos Genish is expected to face tough questions at the phone carrier’s June 25 meeting after he criticized unidentified directors for feeding "untrue and unreliable speculation," according to people familiar with the matter. The CEO, who was installed by the company’s biggest investor Vivendi SA in 2017, will be asked to explain his unusually frank comments made to reporters who were summoned to a briefing on Wednesday, said the people, who asked not to be named discussing a management issue. Genish’s position could be at risk if he doesn’t address the concerns of some board members, they said.