Bloomberg A consortium that includes CNIC Corp and GIC Pte are nearing a deal with China Three Gorges Corp for a 25% stake in its overseas asset portfolio that could be valued at as much as $2 billion, according to people familiar with the matter. The group could reach a deal to buy the stake in China Three Gorges’ international …

Bloomberg The successor to bankrupt Italian flag-carrier Alitalia SpA faces an uphill battle to establish itself after low-cost rivals took advantage of the pandemic and a long restructuring process to grab chunks of its home market. Italia Trasporto Aereo SpA, known as ITA, plans to start services on October 15, after months of talks with European Commission officials over terms …

Bloomberg The UK government abruptly reimposed quarantine rules on travellers returning to England from France days before it was due to ease the restrictions for most of Europe, drawing immediate anger from tourism bodies and airlines. Citing concern about the spread of the beta variant of the virus, UK ordered that anyone arriving after Monday from across the Channel will …