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Genoa bank riven by power battle as ECB demands fix

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Bloomberg Whoever wins the very public scrap for control of Italy’s Banca Carige SpA, they won’t have much time to enjoy the victory. A new board proposed by top investor Vittorio Malacalza or one supporting current Chief Executive Officer Paolo Fiorentino will take leadership of a lender that has only weeks to satisfy urgent European Central Bank demands that it ...

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US drafts order to look into Google, Facebook practices

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Bloomberg The White House has drafted an executive order for President Donald Trump’s signature that would instruct federal antitrust and law enforcement agencies to open investigations into the business practices of Alphabet Inc.’s Google, Facebook Inc. and other social media companies. The order is in its preliminary stages and hasn’t yet been run past other government agencies, according to a ...

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Apple planning for ‘in-case-of’ delay in its new London HQ

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Bloomberg Apple Inc. is making contingency plans in case construction of its new London headquarters at the iconic Battersea Power Station is delayed, the Times newspaper reported. The iPhone maker has had early-stage talks about extending existing leases and finding temporary bases if needed, the paper said, citing people in the property market that it didn’t identify. The project’s Malaysian-backed ...

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