Bloomberg Luxury-goods group Kering SA agreed to pay 187 million euros ($206 million) to settle an Italian probe on alleged tax evasion at its Bottega Veneta unit, according to people familiar with the matter. Italian financial police found that Bottega Veneta used two Swiss affiliates to avoid paying taxes in Italy, the people said, asking to not be named ...

Bloomberg The European Union said that work is under way on additional sanctions to penalise Russia for what appear to be war crimes in Ukraine, condemning “in the strongest possible terms” alleged atrocities committed against civilians. In a statement on behalf of the 27-nation bloc, Josep Borrell, the EU’s chief foreign envoy, laid the blame for the “haunting images of ...

Bloomberg The two European leaders most closely allied to Russian President Vladimir Putin before he launched his invasion of Ukraine won decisive election victories on pledges to stay out of the war. Hungarian Prime Minister Viktor Orban, who has spent 12 years consolidating his grip on power and clashing with the European Union over democratic values, clinched a fourth consecutive ...