Billionaire Sawiris May Buy Telecom Italia Shares

Egyptian billionaire Naguib Sawiris, founder of Orascom Telecom Holding SAE, has expressed interest in acquiring shares in Telecom Italia SpA, the Italian phone company said today, sending the stock as much as 7.8 percent higher in Milan trading.

BHP to Take a Charge of More Than $1B on Dam Spill
32:25 - BHP Billiton shares are up after it revealed a charge of more than $1B after last year's tailings dam spill in Brazil. Bloomberg's Paul Allen reports on "Daybreak Asia." (Source: Bloomberg)
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