Bloomberg Italian lawmakers on Thursday elected an ally of right-wing leader Giorgia Meloni as Senate president, in a vote that exposed early rifts within the coalition backing the likely next prime minister. In its first session since the Sept. 25 elections, the Senate chose Ignazio La Russa, a member of Meloni’s Brothers of Italy party, as president, even as lawmakers ...

  Bloomberg Support for Japanese Prime Minister Fumio Kishida dipped in a major poll below the 30% level considered a danger zone for a premier, as voters have faulted him over measures to fight inflation and not doing enough to cut ties to a fringe church. The approval rating for Kishida’s government fell to 27.4% in a Jiji Press poll ...

  Bloomberg A key gauge of US consumer prices advanced to a 40-year high in September, underscoring persistent, elevated inflation that’s squeezing households and pushing the Federal Reserve towards another steep interest-rate hike. The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982, Labour Department data showed on Thursday. ...