Bloomberg Almost three decades after Italy started privatising many of its biggest industrial assets, Prime Minister Giuseppe Conte is strong-arming companies across the country. The premier is seeking to restart an economy mangled by the coronavirus pandemic and in the process is pushing to toughen vetoes on foreign investments and even in some cases nationalise business with a war chest ...

Bloomberg Rwandan authorities detained exiled Paul Rusesabagina, a former hotel manager who sheltered hundreds of people during the 1994 genocide and whose story was later adopted by Hollywood, on terrorism allegations. Rusesabagina, portrayed as a hero in the Oscar-nominated 2004 movie ‘Hotel Rwanda’, was shown to the media in handcuffs at the headquarters of the Rwanda Investigations Bureau. It wasn’t ...

Bloomberg The German government expects the economic fallout from the coronavirus to be smaller than feared this year, according to a person familiar with forecasts to be published Tuesday. Chancellor Angela Merkel’s ruling coalition predicted in April that the economy would contract by 6.3% in 2020, its worst recession since the nation began a recovery after World War II, before ...