Business
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Stellantis CEO Antonio Filosa Affirms Future for Mirafiori Plant
Turin: New Stellantis CEO Antonio Filosa assured workers on Wednesday that the historic Mirafiori plant in Turin will continue to…
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Placement of MPS Stake ‘Absolutely’ Correct – Giorgetti
Milan: Economy Minister Giancarlo Giorgetti said Wednesday that the government had respected the rules in relation to its placement of…
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Stellantis European Car Sales Decline by 3% in May
Milan: Stellantis experienced a 3% decline in car sales across the European market in May, selling 168,839 vehicles compared to…
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Filosa Takes Over as Stellantis CEO, Presents Team
Rome: Antonio Filosa officially took over as the new CEO of Stellantis on Monday and presented the new board of…
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Italian Gas Prices Exceed Eurozone Average by 5% – Arera
Rome: The average price of gas for domestic consumers in Italy increased by 15.1% in 2024, reaching 13.1 euro cents…
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Meloni Urges Italian Firms to Embrace Ambitious Economic Vision
Rome: Premier Giorgia Meloni said in a video message to Italy’s young industrialists Friday that Italian government and businesses must…
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Bank of Italy Confirms GDP Growth Projections for 2025
Rome: The Bank of Italy on Friday confirmed its GDP estimate released in April: +0.6% in 2025, +0.8% in 2026,…
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Italy’s Extra-EU Exports Decline by 7% in April
Rome: Italy’s extra-EU exports witnessed a significant decline of 7% in April, as reported by Istat on Friday. This marked…
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Spread Drops to 10-Yr Low
Rome: The spread between Italian and German 10-year bond yields dropped to an over 10-year low of 89.8 points on…
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UniCredit Poised for Approval to Increase Commerzbank Stake to 30%
Berlin: UniCredit Andrea Orcel announced on Wednesday that Italy’s second-largest bank is on track to receive “a probable all-clear to…
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