Bloomberg PSA Group and Fiat Chrysler Automobiles are exploring a partnership to share investments to build cars in Europe, according to people familiar with the talks. The French carmaker and its Italian-American peer have been holding preliminary discussions to collaborate on a “super platform” — the basic underpinning of a car model — to reduce their investment costs in the ...

Bloomberg Colgate-Palmolive Co is among bidders for the consumer arm of Nestle SA’s skin-health business, people familiar with the matter said, joining an auction process that’s been dominated by private equity firms. Colgate and Unilever NV are both bidding for the consumer-focussed part of Nestle’s business, which includes brands such as Cetaphil moisturisers and cleansers and the Proactiv acne treatment, ...

Bloomberg Luxembourg’s PM Xavier Bettel joked that Brexit is like Samuel Beckett’s “Waiting for Godot.” Unfortunately, many UK citizens in the Grand-Duchy have become the protagonists in a tragicomedy of their own. Since the June 2016 referendum, there’s been an influx of finance workers fleeing the City of London. But other Britons, employed at EU institutions, were essentially forced to ...