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Italy receives offers for its troubled carrier ITA

  Bloomberg The Italian government has received offers from foreign bidders for its new national airline Italia Trasporto Aereo, or ITA, the successor to long-troubled carrier Alitalia, according to people familiar with the matter. The offers are about 200 million euros ($205 million) lower than the initial ones, said one of the people who declined to be named because the ...

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UK shoppers shift to supermarket brands

  Bloomberg Supermarket shoppers in Britain are increasingly opting for own-brand labels in a bid to save pennies on groceries. J Sainsbury Plc is seeing some customers switch into economy own-label goods and rival Tesco Plc said last month that clients are moving to store-brand versions of bread, pasta and beans. Households could save $649 a year by switching from ...

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Rebel Tories plot move against Boris Johnson as ministers quit

Bloomberg Boris Johnson could face a leadership challenge as soon as next week as rank-and-file Conservative MPs meet Wednesday to discuss whether to allow a fresh confidence vote. Members of the Tory 1922 Committee will meet at 5 p.m. to discuss Johnson, a person familiar with the matter said. If there is a majority in favor of another confidence vote, ...

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