Bloomberg Business

Italy Starts €1 Billion Sovereign Fund for Key Supply Chains

Italy announced it will set up a €1-billion ($1.1 billion) sovereign fund to channel funding to companies it deems strategic, furthering Premier Giorgia Meloni’s vision to shore up domestic production and secure key supply chains.

Polish Leader Pushes Back Against US Rebuke of Russian Probe

Poland’s president hit back at criticism from the US and the European Union over a law that would potentially put the country’s opposition leader under investigation ahead of a crucial election, saying the objections are unjustified.

Tesla Plans to Showcase Updated Model 3 With Musk in Shanghai

Tesla Inc. plans to give an early glimpse of its revamped Model 3 sedan as part of Chief Executive Officer Elon Musk’s first visit to the carmaker’s Shanghai factory in years, according to people familiar with the matter.

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