Italy’s state-backed lender is working on a higher bid for Telecom Italia SpA’s landline network, in a move aimed at winning control of an asset considered to be of national interest, according to people familiar with the matter.
Billionaire Ajay Piramal and TPG Inc. are considering selling their stakes in Shriram General Insurance Holdings Co., according to people familiar with the matter.
IAG SA’s British Airways is set to scrap 320 flights at London’s Heathrow airport during the Easter week as security workers plan a 10-day strike over pay.
The reopening rally in China, which has faded, will get another boost in the second quarter as the domestic job and consumption outlook improves, according to Fidelity International.
Philippine Finance Secretary Benjamin Diokno warned of a “fiscal collapse” if the government does not overhaul its military pension system which he said is putting a strain on the national budget.
Petershill Partners Plc has swung to a loss after the Goldman Sachs Group Inc.-backed investor in alternative fund managers marked down the value of its investments, the latest sign of how higher interest rates are hitting the industry.
In the battle for the biggest prize in China’s trillion-dollar pension market, BlackRock Inc. and other global firms have little chance of attracting clients like Judy Deng.
Ocado Group Plc said sales rose in the first quarter as new customers signed up to its online grocery business with Marks & Spencer Group Plc amid a rising cost-of-living crisis.
Much of Europe will get hit by another cold spell next week as frigid temperatures in the north are spreading south across the continent.
European Union negotiators agreed to roll out electric and hydrogen charging points across the region over the next few years in a bid to help spur the transition away from the combustion engine.
