Edition:
United Kingdom

Giulio Piovaccari

Fiat Chrysler in tie-up talks with Renault: sources

25 May 2019

MILAN/PARIS Fiat Chrysler and Renault are in talks on a comprehensive global tie-up that could address some of the main weaknesses of both carmakers, two sources with knowledge of the discussions told Reuters on Saturday.

Ferrari shares race ahead after fast start to 2019

07 May 2019

MILAN Ferrari beat forecasts on Tuesday with a 14 percent rise in first-quarter core earnings, boosting its shares on growing expectations the Italian luxury carmaker might soon raise its full-year financial targets.

FCA sees U.S. pickup trucks hauling profits in rest of 2019

03 May 2019

MILAN/DETROIT Fiat Chrysler Automobiles NV (FCA) said on Friday that new U.S. pickup truck models would help the automaker achieve its 2019 profit targets and offset a weak performance in the first quarter.

Fiat Chrysler CEO sees acceleration as year goes on

12 Apr 2019

AMSTERDAM Fiat Chrysler gave an upbeat forecast for 2019 after a tricky end to last year and a slow start to this one, confirming the carmaker was on track to meet its targets and easing fears of a slowdown on the North American market.

REFILE-Electrolux looks to U.S. to boost professional products sales

27 Mar 2019

PORDENONE, Italy, March 27 Electrolux expects to accelerate annual sales growth at its professional products unit above 7 percent after carving it out next year, its executives told Reuters, citing opportunities to pick up U.S. targets and add fast-food chains as customers.

Electrolux to turn up speed on professional sales growth

27 Mar 2019

PORDENONE, Italy Electrolux expects to lift sales growth at its professional products business above 7 percent after spinning off the unit next year, its executives told Reuters, citing opportunities to buy U.S. targets and add fast-food customers.

REFILE-Shares in Leonardo rise 12 pct as CEO's strategy starts to bear fruit

14 Mar 2019

MILAN, March 14 Shares in Leonardo were set for their biggest one-day rise in more than seven years on Thursday, recouping some of their steep losses since January 2018, after the Italian defence group said net profit surged and it saw sales rising in 2019.

Italian payments firm Nexi readies $9 billion IPO in mid-April: sources

28 Feb 2019

LONDON/MILAN Nexi's advisers are working flat out to list the Italian banking services provider in April, hoping to complete Europe's biggest share sale of 2019 while market conditions allow, sources told Reuters.

Italian payment services group SIA may list on stock market - CEO

20 Feb 2019

MILAN Italian payment services group SIA is considering an initial public offering which could value the company at 3.5 billion euros (3.04 billion pounds), Chief Executive Nicola Cordone said on Wednesday.

World News

Europeans vote, with EU future in balance

Europeans vote on Sunday in an election expected to further dent traditional pro-EU parties and bolster the nationalist fringe in the European Parliament, putting a potential brake on collective action in economic and foreign policy.