Bloomberg Business

KKR’s Bid for Telecom Italia Grid Tops Italy’s State Lender

KKR & Co. raised its bid for Telecom Italia SpA’s landline network, giving the US private equity firm an edge over its rival, the Italian state lender Cassa Depositi e Prestiti SpA, according to people familiar with the matter.

Nigeria’s Suspended Central Bank Governor Taken Into Custody

Nigeria’s secret police took the nation’s suspended central bank governor into custody, hours after he was removed by the nation’s new president, as a power struggle in Africa’s biggest economy took a dramatic turn.

Ukraine Recap: Zelenskiy Gives Signal That Offensive Has Begun

President Volodymyr Zelenskiy gave his strongest signal yet that Ukraine’s much-discussed ground offensive is under way — a day after Russia’s Vladimir Putin acknowledged as much, and as Kyiv’s military commanders pointed to small advances on the eastern front, including near the contested city of Bakhmut. The counteroffensive is thought to be active in at least four areas and comes against a backdrop of continued missile and drone bombardments by Russia of targets across Ukraine, often but not

Trump’s Die-Hard Base Faces New Loyalty Test Over Indictment

The federal charges against Donald Trump will test his supporters’ tolerance for the growing scandals weighing on his White House comeback bid, as Republican rivals look to wrest the 2024 nomination from the former president.

Iraq, US Talks Lead to ‘Substantial’ Iran Gas Dues Arrangements

Iraq’s Foreign Minister Fuad Hussein and his U.S. counterpart Secretary of State Antony Blinken have held talks while meeting in Riyadh during an international conference on combating terrorism, foreign ministry spokesman Ahmed Al-Sahhaf said in a statement.

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