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IMF team arrives in Ukraine to check on new government

  AFP An International Monetary Fund team arrived in Kiev on Tuesday after the formation of a new Ukrainian government resolved a prolonged political crisis that had stalled the release of vital aid. The mission’s visit was long awaited in the cash-strapped former Soviet country as it grapples with the costs of a two-year conflict in the pro-Russian separatist east ...

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Abertis to buy Italian highways for $677 million in growth drive

  Bloomberg AbertisInfraestructuras SA agreed to pay €594 million ($677 million) to buy control of two Italian highways as the Spanish toll-road operator presses ahead with its international expansion plan. Abertis reached an accord with IntesaSanpaoloSpA, AstaldiSpA and the Tabacchi family to buy the two companies that control 51 percent of A4 Holding, which owns the A4 Brescia-Padova and A31 ...

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Banks see softer side of Brussels as EU readies rule revamp

  Bloomberg After years of aggressive regulation reining them in, Europe’s banks are starting to get some slack from the policy makers in Brussels. The European Union has opened up the entire financial rule book for review, including contentious issues such as the cap on bankers’ bonuses. Faced with weak banks and an anemic economy, regulators have made clear that ...

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