Bloomberg Business

Italy Backs Telecom Italia Deal in New Meloni Activist Push

Italy approved a decree on Monday that empowers the state to take a stake in Telecom Italia SpA’s network business, part of an effort by Prime Minister Giorgia Meloni’s increasingly activist government to assert more control over strategic assets.

Vedanta Seeks to Identify Bondholders as $2 Billion Debt Looms

Billionaire Anil Agarwal’s Vedanta Resources Ltd. said it has started an exercise to identify its dollar bondholders, as the miner prepares to repay about $2 billion of notes next year, a record annual amount for the company.

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