CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a European rally led by a drop in euro zone inflation to 0.5% and a rally in financials.» Read More
NEW YORK— After a nearly 20- year absence, Italian car maker Alfa Romeo is returning to the U.S. market. Alfa CEO Harald Wester said Wednesday the company plans to ship around 100 4 C sports cars to the U.S. this June. Alfa's parent company, Italian automaker Fiat SpA, will release more details next month.
*Corporate governance improving in Italy. MILAN, April 16- Eager to attract foreign investors as it slowly emerges from its longest recession in 70 years, cash-strapped Italy Inc. is taking the first steps to end decades of opaque management and shoddy governance.
April 16- The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed.
PARIS, April 15- Privately owned luxury group Labelux has hired Bank of America Merrill Lynch to advise it on a possible London market flotation of Jimmy Choo this autumn that could value the upmarket shoemaker at over 900 million pounds, industry and financial sources said.
His support is also crucial for a constitutional reform to abolish the Senate sought by Premier Matteo Renzi. He was, however, booted from the Senate and given a two-year ban on running for elected office.
MILAN— Investors signaled concern Tuesday at a change of leadership at the scandal-plagued Finmeccanica defense contractor as part of sweeping management changes announced by Italian Premier Matteo Renzi at four strategic state-backed firms.
CHIANG MAI, Thailand— The bucolic, once laid-back campus of one of Thailand's top universities is under a security clampdown. Thousands have clambered aboard student buses at Chiang Mai University, made a mess in cafeterias and sneaked into classes to attend lectures.
MILAN, April 14- Claudio Descalzi faces a delicate balancing act as he takes the helm of Italian oil major Eni- guaranteeing Italy's gas supply by nurturing relations with Russia, while exploring new drilling frontiers in Africa and Asia to boost profit.
MILAN, April 14- Italy won orders worth 6.72 billion euros for an inflation-linked bond on the first day of sale on Monday, confirming small investors' appetite for a security that often raises record amounts.
*Porsche product drive faced scepticism among fans. MILAN, April 14- As Fiat Chrysler moves to reinvent its small Maserati brand as a serious rival to the world's luxury car makers, the pressure to succeed is all the greater for the startling success of Germany's Porsche.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including pressures from potential QE in the euro zone and a down day for financials and airlines.
CNBC's Ross Westgate reports on all the market moving events from Europe, including news Glencore Xstrata is selling its Peruvian mine.
*Israel in talks with Egypt, Turkey on major gas export deals. MILAN/ LONDON, April 14- Israel's drive to export its new-found natural gas could help to rebuild strained ties with old regional allies Egypt and Turkey, but could deprive Europe of a precious alternative to Russian gas.
U.S. economist Paul Krugman is a critic of Italy's finance minister. The minister's having none of it.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the selloff in tech and the chances of QE in the EU.
*Infosys seen posting 18 pct growth in Q4 net profit, lagging rivals. MUMBAI, April 11- An exodus of senior executives and staff at India's second largest IT outsourcing firm, Infosys Ltd, could hamper efforts to win lucrative contracts in the United States and Europe, and weigh on its profit growth outlook for this year.
Mark Grant, Southwest Securities, explains why he thinks Fed policy is going to force interest rates lower.
Despite its high debt level, Italian Finance Minister Pier Carlo Padoan says Italy has one of the most "sustainable" fiscal systems among advance economies, reports CNBC's Michelle Caruso-Cabrera.
LONDON- Global equities slip to a two-week low, with an escalating selloff on Wall Street led by technology and biotech shares on concerns of stretched valuations spreading to Asia and Europe. Co-op Bank confident of raising funds to secure future.
PARIS/ BERLIN, April 11- Japanese casual wear chain Uniqlo opens its first store in Germany on Friday, as it accelerates expansion in Europe in a bid by its parent company Fast Retailing Co Ltd to become the world's top fashion retailer by 2020.. "We have big goals in Europe- we would like to have the same business in Europe as in the U.S."