Bloomberg Commercial real estate lending bounced back to pre-pandemic levels in 2021, ending more than a year of Covid-driven turbulence. New lending volume rose 48% year-on-year to 49.8 billion pounds ($62 billion), according to a survey of 76 major UK lenders by Bayes Business School. The data also shows that 2021 was the strongest year in the market since ...

  Bloomberg Telecom Italia SpA is near to signing a memorandum of understanding with state lender Cassa Depositi e Prestiti SpA — the carrier’s second-largest investor — for a national single-network project that would merge the company’s landline grid with the one owned by smaller rival Open Fiber. “I’m confident we can reach an agreement on the single network in ...

  Bloomberg Facebook parent company Meta Platforms Inc. is slowing or pausing hiring for some mid- to senior-level positions, part of a broader plan to cut costs and cope with the challenges facing the social media giant. “We regularly re-evaluate our talent pipeline according to our business needs and in light of the expense guidance given for this earnings period, ...