Reuters SG
** Italy's government said negotiations were progressing with Germany's Lufthansa over the sale of a minority stake in ITA Airways, after the two companies jointly approved the Italian carrier's industrial plan. ** E-commerce firm JD.com Inc said it planned to spin off its property and industrial units and list them on the Hong Kong Stock Exchange, the latest revamp in the Chinese technology sector after a sweeping regulatory crackdown. ** CNH Industrial said that it had agreed to buy Hemisphere GNSS, a high-performance satellite positioning technology company, for $175 million to improve automation in its agriculture and construction businesses.