German family-owned logistics company Zeitfracht said on Tuesday it had expressed its interested in bidding for insolvent airline Air Berlin, citing opportunities for air freight business, Reuters reported. “Ideally, we would like to keep Air Berlin intact in its entirety,” the company said in a statement on Tuesday, adding it expected to be given access to Air Berlin’s books swiftly so it could submit a formal offer by the Sept. 15 deadline.

The European Commission on Monday approved a German bridging loan for Air Berlin that will keep the insolvent airline’s planes flying while it tries to find buyers for its assets, Reuters reported. Air Berlin, Germany’s second-largest airline, filed for bankruptcy protection in August after shareholder Etihad Airways withdrew funding following years of losses.

Gold miner Avocet Mining Plc said on Monday it will consider filing for insolvency of its subsidiary Societe des Mines de Belahouro (SMB), which operates the Inata gold mine in Burkina Faso, after the unit’s standstill agreement with its creditors expired, Reuters reported. The boards of SMB and Avocet will meet on Sept. 8 to consider “all available options, including the potential filing of an insolvency petition by SMB”, Avocet said in a statement. SMB’s financial and trade creditors could not agree among themselves on an extension of the agreement, the company said.

Rome’s mayor on Friday launched an attempt to save the city’s ailing public transport company from bankruptcy, asking creditors to support a restructuring of its 1.3 billion euros ($1.54 billion) of debt, Reuters reported. Virginia Raggi, a prominent face of Italy’s anti-establishment 5-Star Movement, said she would ask magistrates to approve the plan for a “total renewal” of the company to keep it operating as a public body. Atac’s workforce, of around 12,000 people, has been criticized as bloated and its fleet of buses, trams and metros as old and badly maintained.

Ryanair will bid to operate 90 planes under the Alitalia brand and using existing staff as part of the Italian airline’s restructuring, Chief Executive Michael O’Leary said on Thursday. Ryanair has until Oct. 2 to make a binding bid for all or part of the Italian carrier, which has been put under special administration for the second time in less than a decade, Reuters reported. “We will be submitting an offer for the 90 jet aircraft, with their pilots, cabin crew, routes etc,” O’Leary told journalists at a press briefing in London.

The number of employed Italians has risen above 23m for the first time since 2008, boosting hopes that the recovery in the eurozone’s third-largest economy is gathering pace, the Financial Times reported. Istat, Italy’s statistical agency, said on Thursday that employment had increased in July by 59,000 compared with the previous month. Combined with upward revisions to June data, this lifted employment to the same level it was at in the early stages of the financial crisis. The data add to evidence that Italy is latching on to the eurozone recovery.

A group of institutional investors in OW Bunker said they plan to sue Morgan Stanley and Carnegie for about $80 million, accusing the two investment banks of misleading them ahead of the 2014 listing of the now bankrupt marine fuel oil supplier, Reuters reported. Denmark’s OW Bunker was valued at $1 billion when it floated in March 2014, but the company filed for bankruptcy in November that year after suffering hedging losses of almost $300 million, sending shockwaves through the global shipping and oil trading industry.

The field of bidders for Air Berlin’s assets appeared to narrow further on Thursday when aviation investor Hans Rudolf Woehrl stepped back from the process to search for a partner, Reuters reported. Air Berlin, Germany’s second-largest airline, filed for bankruptcy protection in August after shareholder Ethical Airways withdrew funding following years of losses. Now the carrier is to be carved up, most likely among several buyers, with about 140 leased aircraft and valuable take-off and landing slots in Germany up for grabs.

Inflation in the eurozone rose faster than expected in August, but underlying measures that exclude volatile energy prices remained stagnant, adding to the headaches facing the European Central Bank ahead of its monetary policy meeting next week, the Financial Times reported. Prices rose 1.5 per cent year on year, up from 1.3 per cent in the year to July and higher than consensus forecasts of 1.4 per cent. However, energy was by far the largest driver of the increase, with energy prices rising 4 per cent year on year. The next largest increase was in services, at just 1.6 per cent.

The nationalization of Russia's biggest private bank sounds anachronistic: There's no global or regional financial crisis, and the latest World Bank report on the Russian economy described the country's financial sector as "largely stabilized," with about 10 percent non-performing loans, a lower level than in Portugal, Italy or Ireland, a Bloomberg View reported. But the fate of the Otkritie financial group is not really about traditional banking problems. It's about the state's oversized and still growing role in the Russian economy. One could tell Otkritie's story as a purely financial one.