[PARIS] Lorenzo Bertelli, the 30-year-old son of Prada's co-chief executive officers, has joined the company in a key role, putting him into position as a possible successor to the husband-and-wife duo that turned the Italian luggage maker into a global fashion powerhouse.

(Apr 24): Singaporean mixed martial arts firm One Championship is on track to obtain a valuation of about US$1 billion ($1.32 billion) in its latest round of funding, according to people with knowledge of the matter. The lead investor in this round will account for more than half of the at least US$...