Bloomberg Antin Infrastructure Partners is exploring a sale of Dutch fiber-optic network owner Eurofiber that could value the company at more than 1.5 billion euros ($1.7 billion), people with knowledge of the matter said. The Europe-focussed private equity firm has had preliminary contact with potential buyers, including infrastructure funds, to gauge their interest, the people said, asking not to be ...

Bloomberg Volkswagen AG will revise fuel economy labels on several gasoline-powered models and pay $96.5 million to drivers after an investigation discovered software that could optimise efficiency during government tests but not during real-world driving. A joint investigation between the US Environmental Protection Agency and the California Air Resources Board discovered the automaker had equipped roughly 1 million vehicles with ...

Bloomberg As the likelihood of Britain crashing out of the European Union (EU) without a trading agreement rises, Citigroup Inc estimates that such an event could cut domestic banks’ earnings by as much as 25 percent. A “no-deal exit” would curtail the revenue of high street lenders as economic growth slows and interest rates remain depressed, analysts including Andrew Coombs ...