A Qatari investment fund is looking to buy a stake in the Italian luxury fashion house Gianni Versace, an Italian daily reported on Sunday.

Mayhoola for Investments S.P.C., an investment vehicle backed by a major private investor group from Qatar, has recently met with representatives from the Italian government and Italian corporate world to discuss the deal, Italy's daily Il Messaggero said.

Qatari Investment Fund could be interested in Versace

The fashion house could be the latest luxury business to be swallowed by the Gulf nation

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Fashion

Political/General News

Living/Lifestyle

Audit watchdog sticks with flexible working amid Canary Wharf office shift

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Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.

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The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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Some fear a decline in the world-leading economic statistics underpinning U.S. markets.

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Big stock awards have grown much bigger for the chief executives of Palantir and Broadcom, driven by dramatic market gains and, in some cases, complex multipliers.

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The U.K. Supreme Court said a commission from a bank to a car dealer isn’t considered a bribe and dealers don’t violate rules by not disclosing this commission to customers.

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Demand is up for private aviation, the luxury that separates the 1% from the 0.1%.

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The largest U.S. crypto exchange’s revenue fell short of Wall Street expectations.

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