Bloomberg Italy will impose a windfall profit tax of 10% on some energy companies to finance a 4.4 billion-euro ($4.9 billion) package of measures to protect consumers and businesses from soaring prices. The levy will be calculated on the increase in profit that energy companies reported between October 2021 and March 2022, compared with the same period the previous year. …

  Bloomberg Mexico City’s newest airport, opening on March 21, is meant to relieve traffic at the mega-city’s main hub. The eight daily flights it will start with won’t achieve this — but that’s beside the point for President Andres Manuel Lopez Obrador. The Felipe Angeles airport, located about 50 kilometres (31 miles) north of Mexico City’s centre, is a …

Bloomberg A Superior Court judge dismissed Washington’s lawsuit accusing Amazon.com Inc of anticompetitive behaviour, saying there wasn’t evidence supporting the claim that the e-commerce giant inflated prices for consumers. Attorney General Karl Racine sued Amazon last year, alleging it encourages higher-than-necessary consumer prices through policies that guarantee the tech giant a minimum profit on each item sold, while discouraging the …