KKR & Co. is close to involving Italy’s Finance Ministry in its bid on Telecom Italia SpA’s network, as Rome pushes to retain some oversight over an asset it deems strategic, people familiar with the matter said.
US college endowments are rebounding from their worst returns since the Great Recession, but increased costs to pay for buildings, salaries and financial aid are cutting into those gains.
A gauge of core US services inflation watched closely by Federal Reserve officials re-accelerated last month, highlighting the potentially bumpy path back to pre-pandemic levels.
With a machine learning assist, Meta’s Quest becomes a lot more revealing
Ukraine laid out temporary Black Sea routes for ships that are willing to navigate waters threatened by Russia, as it seeks to reclaim control over its maritime trade.
The investment unit of Deutsche Bank AG is the latest asset manager to target the ultra-wealthy in a bid to grow its alternatives business.
Codelco and Anglo American Plc are exploring options to coordinate mining activities at their adjoining copper operations in Chile in a bid to boost output and productivity, people familiar with the matter said.
The Saudi Pro Football League has secured a network of deals to broadcast games featuring superstars such as Cristiano Ronaldo and Karim Benzema around the world.
The US and the UK have imposed sanctions on Lebanon’s scandal-hit former central bank Governor Riad Salameh, days after the end of his three-decade tenure.
Egypt’s inflation accelerated to another record high, with a new surge in food costs heaping more pressure on a country struggling with a debilitating foreign-currency crunch.
