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$12-billion asset sale will take years, says French Finance Chief

Bloomberg Finance Minister Bruno Le Maire said the French government’s $12 billion divestment program will take years to execute and he’s working on identifying which assets will be sold. “It won’t be in one go — we won’t do the whole thing over 15 days,” Le Maire said in an interview in his Paris office. “That wouldn’t reasonable.” He said ...

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Sprint resumes early talks on T-Mobile merger

Bloomberg Sprint Corp. has resumed preliminary talks about a potential merger with T-Mobile US Inc., people with knowledge of the matter said, as billionaire Masayoshi Son explores ways to build scale for a carrier facing increasing competition in the US wireless market. The two wireless operators restarted discussions after Sprint’s exclusive negotiating period with Comcast Corp. and Charter Communications Inc. ...

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North Korea rules out nuclear talks, says US will ‘pay dearly’

Bloomberg North Korea condemned the latest round of United Nations sanctions and reiterated that it wouldn’t negotiate over its nuclear program until the US ceases “hostile” policies. Kim Jong Un’s regime said it will “make the US pay dearly for all the heinous crime it commits against the state and people of this country,” the Korean Central News Agency reported. ...

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