Prestigious Milanese bank has become latest pawn in government consolidation efforts
LNG exporter initially sought market value exceeding energy giant BP’s before scaling back IPO
People treated with amycretin lost up to 22% of their body weight after 36 weeks
The tycoons may benefit simply from setting the cat among the pigeons
Policy includes 24/7 hotline and 60-day plan to manage negative media coverage
Support comes as Saudi Arabia’s STC increases its stake in telecoms champion and requests board seat
Viktor Orbán floats new demand as EU rushes to renew restrictions on Moscow
Move by world’s oldest bank would shake up Italy’s financial sector
Plus, Austrian property tycoon René Benko is arrested after his empire unravels
Bettina Orlopp insists on written proposal from Italian lender before engaging with Andrea Orcel
Analysts say the sport’s rising popularity justifies the sponsorship but it still represents a gamble to boost sales
Friedrich Merz says Berlin will not help businesses if they are forced to write off investments
Surge in sales and cash deployment at private equity firm follows years of companies struggling to offload investments
German brand launches cost cuts as results highlight diverging fortunes with rival Adidas
Signa founder taken into custody more than a year after collapse of his property conglomerate
Also in this newsletter: The ICC asks why Italy released an alleged war criminal
Spotify founder’s body-scanning start-up valued at $1.7bn in new funding round
Dividends have exceeded pre-crisis levels while lenders have topped up returns with buybacks
Sector knocked by disappointing sales, an unexpected trial result and questions about the size of the market
Traders divert ships from Asia and Colombia to take advantage of rising regional prices
Teresa Ribera says European Commission weighing up measure demanded by Germany
Carmaker backed by China’s Geely maintains US growth strategy despite mounting uncertainty
European Commission wants to prolong existing arrangements that benefit City of London
Proposed spending comes after carmaker’s chair met Donald Trump before his inauguration
Higher costs being passed on to customers either directly or through ‘shrinkflation’
