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Italian populists struggle to stay united amid pressure

Bloomberg Italian Deputy Premiers Matteo Salvini and Luigi Di Maio are trying to preserve a five-month-old alliance after their first serious dispute, criticism of their budget from the European Union and a downgrade by Moody’s Investors Service brought tensions to a boiling point. “The government will keep going despite the rating agencies, European commissioners and some internal misunderstandings,” Salvini said ...

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Porsche CFO sees $81bn value unleashed in potential IPO

Bloomberg Porsche AG’s chief financial officer said a share sale of most profitable unit could unlock value to echo Ferrari NV’s successful public offering and help the sports-car maker raise money if needed. The maker of the 911 model could easily be valued “between 60 billion and 70 billion” euros ($69.4-$81 billion), applying multiples for luxury-goods producers such as Ferrari, ...

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Facebook pulls 810 US accounts, pages spreading fake news

Bloomberg Facebook Inc said it removed 559 pages and 251 accounts that were coordinating the spread of misinformation and spam in the US — and most originated from within the country. The social network, which has been under fire for facilitating foreign interference in US politics, has found that domestic actors have also been creating fake pages and accounts to ...

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