Turkey's Sabanci Holding sees 2017 industrial sales up 5-15 percent
ISTANBUL, Feb 24 Turkish conglomerate Sabanci Holding said on Friday it expected its industrial group sales to rise 5-15 percent this year.
LONDON Dec 9 Italian bond yields rose, while safe-haven German bond yields extended their falls on Friday on heightened concerns about the future of troubled Italian lender Monte dei Paschi.
A consortium of investment banks that must decide whether to underwrite a privately-backed 5-billion euro rescue plan for the bank believes there is not enough time and no willing investors to execute the deal by a year-end dead line, a source said on Friday.
Another source told Reuters earlier that the European Central Bank had rejected a request by the ailing lender for more time to raise capital, in a move that piles pressure on the Italian government to bail out the bank.
Ten-year Italian yields reversed earlier falls, and were almost 1 bps higher on the day at 2.05 percent, widening the gap with German peers to around 172 bps.
Germany's 10-year Bund yield was down 7 bps on the day at 0.33 percent.
Monte dei Paschi shares tumbled 7 percent.
(Reporting by Dhara Ranasinghe; Editing by John Geddie)
Feb 24 Australian shares finished lower on Friday, as sliding iron ore and copper prices dragged down the materials sector.
* fy net interest income went up by 15 per cent to 65.6 billion pesos