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A new state-owned Italian carrier Italia Trasporto Aereo (ITA  Airways) plane with the new blue livery dedicated to the Italian sprinter Pietro Mennea, is seen at Fiumicino airport, in Rome, Italy, January 11, 2022. Picture taken January 11, 2022. Ita Air

A New Onassis? Italy's Sea Captain Swoops On Reborn Alitalia

Sixty-five years after Aristotle Onassis founded Greece's Olympic Airways, another shipping entrepreneur is planning to take to the skies - this time in Italy, where Gianluigi Aponte's MSC has its sights on the successor company to Alitalia.
Life Insurance Corporation of India (LIC) logo is seen at a metro station in Mumbai, India, January 31, 2022.

India's Life Insurance Corp Files $8 Billion IPO Papers

State-run Life Insurance Corporation of India (LIC) has filed draft papers with the market regulator to sell 5% of its shares to potentially raise nearly $8 billion, dwarfing the biggest IPO in Asia's third-largest economy by a considerable margin.

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