Category: General

Soccer: Bove ‘Lucid’ After Collapsing on Field.

FLORENCE: Fiorentina midfielder Edoardo Bove had a quiet night in Florence’s Careggi hospital after collapsing during his side’s Serie A home match against champions Inter on Sunday, sources said on Monday. The player was awake, lucid, and responding …

Stellantis Stock Slides After Tavares Quits.

Milan: Stellantis’s share price dropped by 7% to 11.65 euros in early trading on Monday after the Italian-French-American carmaker announced late on Sunday that Carlos Tavares has quit as CEO.

According to Ansa News Agency, it had already previously…

Italy’s GDP Stagnant in Third Quarter, Reports Istat.

Rome: Italy’s GDP remained unchanged in the third quarter of 2024 compared to the previous three months, showing a modest rise of 0.4% from the same period in 2023, based on seasonally adjusted and calendar-adjusted data released by Istat on Monday.

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Italy’s Manufacturing PMI Hits Yearly Low as New Orders Decline.

Milan: Italy’s manufacturing sector experienced a significant downturn as the HCOB Italy Manufacturing Purchasing Managers’ Index (PMI) dropped to 44.5 in November, marking its lowest point in a year. This decline follows a previous reading of 46.9 in…

Italian Unemployment Rate Declines to 5.8% in October.

Rome: Italy’s unemployment rate fell to 5.8% in October, marking a decrease of 0.2 percentage points from the previous month, as reported by Istat on Monday. This decline reflects a positive shift in the country’s labor market dynamics, with significa…

Richard Palmer Appointed Special Advisor to Elkann.

Richard Palmer: Richard Palmer has been appointed special advisor to Stellantis Chairman John Elkann and will participate in the interim executive committee, the carmaker said Monday. “Palmer was appointed as Special Adviser to the Chairman and will a…

Stellantis Sales in Italy Drop Significantly in November.

Rome: Stellantis’s Italy sales experienced a significant decline of 24.6% in November, with the automotive group selling 30,817 vehicles compared to the same month in 2023, the carmaker announced on Monday. This downturn also affected its market share…