Bloomberg Telecom Italia SpA Chief Executive Officer Amos Genish expects to restore the credit rating of Italy’s former phone monopoly to investment grade next year, potentially opening up a cheaper source of financing and a wider pool of investors. Genish plans to demonstrate progress in 2018 on Telecom Italia’s goal of lowering debt to 2.7 times its earnings before interest, …

Bloomberg Britain announced plans to generate savings of as much as 15 billion pounds ($20 billion) a year by improving productivity in sectors such as construction and transport. New programmes to increase efficiency were published alongside the government’s 600 billion-pound infrastructure pipeline, which sets out a series of publicly and privately funded projects over the next 10 years, the Treasury …

Bloomberg China is upending the global plastics market. The world’s biggest user of scrap has stopped accepting shiploads of other countries’ plastic trash as it phases in a new ban. That’s bad news for the recycling industry, as China has been a major consumer of salvaged materials it processes into resin that ends up in pipe, carpets, bottles and other …