EU probes Alitalia state aid

The European Union is set to open a formal investigation next week into Italy's aid to Alitalia, the struggling national airline.

EU officials suspect that Rome's rescue plan, which the airline and the government agreed in October, may contain illegal state aid, according to The Wall Street Journal.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions