Bloomberg Telecom Italia SpA’s board said it will take every legal action necessary to block activist investor Elliott Management Corp. from pushing ahead with its own slate of directors at the company’s next shareholder meeting. Elliott, Telecom Italia’s second-biggest shareholder after Vivendi SA, wants to replace six Vivendi-backed directors at Italy’s former phone monopoly with its own candidates at the ...

Bloomberg Glencore Plc, the world’s largest commodities trader, started to loosen ties with Russian aluminum tycoon Oleg Deripaska after the US imposed harsh sanctions against his business empire. Glencore won’t proceed with a plan to swap its 8.75 percent stake in aluminum producer United Co. Rusal for shares in another one of Deripaska’s companies, London-listed En+ Group Plc. Chief Executive ...

Bloomberg President Donald Trump said the US will respond “forcefully” to a suspected chemical weapons attack by Syrian President Bashar al-Assad’s regime over the weekend, after suggesting earlier that Russian President Vladimir Putin may share responsibility. “We’re making a decision on what we do in respect to the horrible attack that was made near Damascus and it will be met ...