Bloomberg Italian Prime Minister Giuseppe Conte is sizing up his options ahead of a crucial Senate vote this week, including a resignation offer that would position him as the top candidate to lead a new government. The 56-year-old Conte is considering offering his resignation to President Sergio Mattarella, who oversees forming new governments, according to officials who asked not to ...

Bloomberg Portuguese President Marcelo Rebelo de Sousa won re-election to a second five-year term, a sign of political stability as the country tries to contain the pandemic. Rebelo de Sousa, 72, took 61% of vote with 99.9% of the country’s voting districts reporting, according to the government’s election website. Portuguese presidents have usually served two terms. In Portugal, the prime ...

Bloomberg European banks probably failed to live up to US peers’ record fourth-quarter profits as they set aside more money for troubled loans and missed out on the rally in equities trading. Ten of Europe’s biggest lenders probably set aside $15 billion for doubtful credit in the fourth quarter, taking the year’s total to $61.5 billion, the highest since 2012, ...