Bloomberg Telecom Italia SpA, the phone carrier targeted in November by KKR & Co, is weighing reducing its Italian workforce by as much as one fifth amid faltering profit during the pandemic and heightened competition in its home market. Pietro Labriola, who took over as the ex-monopolist’s chief executive officer last month, is mulling a three-year restructuring plan that ...

  Bloomberg Colombia’s economy blew away forecasts as it grew at the fastest pace in more than a century last year, driven by a rebound in consumer demand after pandemic curbs were eased, and soaring prices for the nation’s oil, coal and coffee. Gross domestic product (GDP) expanded 10.6% in 2021, the nation’s statistics agency said Tuesday. That’s the fastest ...

  Bloomberg Meta Platforms Inc. was finally allowed to complete its acquisition of Kustomer, a customer service software company, after more than a year of antitrust scrutiny. Meta, which owns Facebook, announced that the deal “complied with all regulatory requirements” in a blog update. Meta first announced the acquisition, valued at more than $1 billion, in November 2020, but the ...