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UPDATE 1-Italy's post office valued at up to 11.4 bln euros by IPO coordinator

MILAN, Sept 28- Italy's post office is valued at between 8.95 billion and 11.42 billion euros by Banca IMI, one of the global coordinators of the group's upcoming initial public offering, a study seen by Reuters showed on Monday. The Italian government plans to sell a stake of up to 40 percent in Poste Italiane next month via a listing on the Milan stock exchange.
Source: Reuters | By: Elisa Anzolin
Swiss watchdog opens precious metals pricing probe

Swiss regulators have opened an investigation into possible manipulation of the precious metals market by several major banks.
Source: CNBC.com | By: Jenny Cosgrave
Businesses hail Renzi's reforms, urge more to speed Italy's upturn

*Cautious optimism at annual business meeting in Italy. CERNOBBIO, Italy, Sept 6- U.S. computer company Hewlett-Packard is considering increasing investments and hiring new workers in Italy after years of downsizing, because, it says, it has faith, for the first time in a while, that the country is on the mend. "There is a lot still to be done, but the glass now is looking...
Source: Reuters | By: Silvia Aloisi and Elvira Pollina
France says debt issuance would be first step for a euro zone budget

CERNOBBIO, Italy, Sept 5- A common euro zone budget should initially be funded through joint debt issuance and taxpayers' money should only be used at a later stage, French Economy Minister Emmanuel Macron said on Saturday. The idea has met opposition in Germany with Vice Chancellor Sigmar Gabriel asking for more details and saying he was strictly against a "euro...
Source: Reuters