Paris: The fate of the European automotive industry is being played out this year, Stellantis President John Elkann and Renault CEO Luca De Meo stated in an interview with Le Figaro on Monday. They highlighted the significant challenges and strategic …
Rome: Ita Airways has announced a milestone achievement with its operating result turning positive for the first time in 2024, closing at 3 million euros. This development marks a significant turnaround for the airline, which was formerly known as Ali…
Rome: Istat said Tuesday that its seasonally adjusted turnover indices for Italian industry and services were down in February.
According to Ansa News Agency, the national statistics agency reported that the industry index decreased by 0.4% in value…
Rome: Istat said Tuesday that contractual wages were 8% lower in real terms in March 2025 compared to January 2021. The national statistics agency highlighted a particularly unfavourable wage situation in the private services and public administration…
Rome: Italian business and consumer confidence have dropped further this month, Istat said on Tuesday. The national statistics agency highlighted a notable decrease in both sectors, signaling ongoing economic challenges.
According to Ansa News Agency…
Milan: Mediobanca said Monday that it was launching a 6.3-billion-euro bid to take over Banca Generali, a wealth management firm controlled by Italian insurance giant Generali. Mediobanca, which itself is the target of a takeover bid by Monte Paschi d…
Rome: Eni said Thursday that it made an adjusted net profit of 1.41 billion euros in the first three months of 2025, a drop of 11% compared to the same period in 2024. The Italian energy giant also reported that hydrocarbon production fell by 5% in th…
Rome: Stellantis sold 215,190 cars on the European market, including the EU, EFTA, and the UK, in March, marking a 5.9% decrease compared to the same month last year.
According to Ansa News Agency, the Italian-French-American group’s share of the Eur…