Bloomberg Delta Air Lines Inc will continue to pursue a takeover of Alitalia SpA’s operations after a potential partner dropped out, leaving the Italian government with only one industry suitor willing to take the unprofitable flag carrier off its hands. The US airline said it was continuing discussions with state-controlled railway Ferrovie dello Stato Italiane SpA about taking a stake …

Bloomberg Prada SpA shares fell to the lowest close since 2016 as slower Chinese spending contributed to an unexpected drop in the Italian fashion house’s annual profit. The Hong Kong-listed luxury group attributed a slump in Asia mostly to Chinese tourists reining in spending in Hong Kong and Macau because of the weakness in the yuan. Other luxury brands, including …

Bloomberg Steinhoff International Holdings NV identified eight people, including former Chief Executive Officer Markus Jooste, as those allegedly behind questionable transactions that brought the global retailer to near collapse. The company’s executives were compelled by a South African parliamentary committee to release the names even as Chairwoman Heather Sonn and Chief Executive Officer Louis du Preez warned it could jeopardise …