Business

Two of Italy's largest banks are deep in discussions with US private equity firm KKR for the creation of a vehicle that would absorb bad loans of the bank.

The legal camp of Coca-Cola Co today has met with a barrage of questions about the labeling of its Minute Maid juice from justices of the US Supreme Court, Reuters reported.

A digital media expert said to Businessweek that television broadcasters might have been afraid of the possibility that the decision on Aereo's service by the US Supreme Court on Tuesday might inspire rich cable and Internet companies to create some form of the streaming startup's business model for their businesses that could challenge the pay-television industry.