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UniCredit to sell $1.1bn of German realty assets

Bloomberg UniCredit SpA is seeking to sell as much as 1 billion euros ($1.1 billion) of German real-estate assets as part of a plan to boost capital, people with knowledge of the matter said. The Italian bank is working with real estate company Cushman & Wakefield on the sale of office buildings and bank branches belonging to its HypoVereinsbank unit, ...

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Nike soars on earnings beat as Kaepernick campaign pays off

Bloomberg Nike Inc. surged the most since June after its second-quarter results soared past projections, particularly in its two most important regions: North America and Greater China. Domestically, the world’s largest sportswear company posted its third-straight quarter of growth. That sustained momentum is a critical benchmark for investors. Nike was previously in a yearlong slump at home, letting rival Adidas ...

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Indian PM to pump $330mn in Air India

Bloomberg The government of Prime Minister Narendra Modi sought Parliament’s approval for an equity infusion of 23 billion rupees ($330 million) in Air India, effectively ruling out an immediate revival of its plan to sell the ailing carrier. Modi’s bid to turn the airline profitable under his watch comes after the government failed to find any takers for its ambitious ...

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