Bloomberg Air France-KLM’s board is preparing to meet on Monday to consider a recapitalisation plan for its French arm, according to people familiar with the matter. The multi-billion-euro package would be up for discussion after a deal was reached between the French government and the European Commission. The commission had antitrust concerns, said the people, who asked not to be …

Bloomberg Deutsche Bank AG paid one of the largest fee shares ever to banks managed by women, minorities and veterans for helping oversee its bond sale, as diverse firms take on more significant roles in debt offerings. Over 60% of the deal’s fees, or about $1.1 million, were split among a group of 11 banks including joint lead managers Academy …

Bloomberg Xiaomi Corp. unveiled plans to invest about $10 billion over the next decade on manufacturing electric cars, embarking on its biggest-ever overhaul to enter China’s booming EV market. Billionaire co-founder Lei Jun announced his intention to lead a new standalone division and spearhead the smartphone giant’s drive into vast but unfamiliar territory, in what he called his final major …