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Italy paves way for Lufthansa to take stake in ITA Airways

  Bloomberg Italy cleared the way for the sale of a minority stake in ITA Airways, a key step in ending months of uncertainty over the government’s plans for the successor to bankrupt Alitalia SpA. Rome approved a decree aimed at speeding up the sale procedure for ITA, according to a government official. That could open the way for Deutsche ...

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Amazon urged to tread carefully

  Bloomberg Amazon.com Inc risks violating French luxury shoe designer Christian Louboutin’s European trademark rights by failing to make it clear to buyers when products are being offered by third-party sellers. The European Union’s top court said that Amazon may be confusing people by failing to make a distinction between Louboutin and non-official sellers of the brand’s famous red-soled shoes. ...

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In 2023, City of London hopes for change to bolster growth

Bloomberg After a jarring six months marked by sweeping policy promises, U-turns and four Chancellors of the Exchequer, UK financiers head into 2023 uncertain that the coming year will finally usher in substantive reforms to the City of London. Current Chancellor Jeremy Hunt promised in this month’s Edinburgh Reforms to “turbocharge growth” for the country’s banks, insurers and asset managers. ...

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