CNBC's Simon Hobbs reports on all the market moving events in Europe today, including business activity nearing a 3-year high and euro zone debt hitting a record of 92.6% of GDP.» Read More
LONDON, April 24- Global stocks were back on the front foot on Thursday, as upbeat earnings from tech heavyweights Apple and Facebook helped shake off some of the jitters that have hit the sector in recent weeks. European bourses started brightly, with the FTSE 100 up 0.5 percent and the DAX, the CAC 40 and markets in Madrid and Milan between 0.7 and 0.9 percent firmer.
ROME/ MILAN, April 23- An Italian union said on Wednesday that it is willing to enter negotiations to help to meet conditions set by Etihad Airways for investing in Alitalia after talks between the airlines stalled over debt and job cuts.
*Senate must approve legislation by May 19. ROME, April 23- Italian Prime Minister Matteo Renzi easily won a confidence vote on Wednesday over his plans to ease rules for companies that hire temporary workers, part of a broader plan to overhaul labour regulations. The decree must be approved by the Senate by May 19 to become a permanent law.
LONDON, April 23- European shares edged down on Wednesday after three days of gains as signs of a still stuttering Chinese economy and rising worries about Ukraine offset a reassuring set of European economic numbers.
LONDON, April 23- European shares edged down on Wednesday after three days of gains as data showing China's economy was still stuttering offset some broadly reassuring European purchasing manager index numbers.
ROME— Fiat and Chrysler announced plans Saturday to build three new Jeep models in China for that market, the biggest for the vehicles outside the United States, as they attempt to boost sales in a country where they lag behind their competitors.
ROME— Former Italian Premier Silvio Berlusconi says he's glad a Milan court ordered him to help the elderly as part of his punishment for a tax fraud conviction. The 77- year-old media mogul spoke to reporters Thursday about a court order earlier in the week that he must spend four hours assisting at a center for the elderly in northern Italy.
LONDON, April 17- Italian designer Roberto Cavalli is in advanced talks to sell a majority stake in his eponymous fashion house to London- based buyout firm Permira in a sale worth about 450 million euros, four sources close to the deal told Reuters.
ROME— Italy has again pushed back its balanced-budget goal, now aiming for 2016..
*Others want European Central Bank to act. Some of Europe's largest companies including Danone, SAP AG and L'Oreal have posted buoyant first-quarter sales volumes in the past week thanks largely to strong demand in emerging markets such as Brazil and in North America.
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.
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.
*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.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including pressure on Italian stocks, and a rise for London home prices.
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.
CNBC's Ross Westgate reports on all the market moving events from Europe, as the annual rate of inflation in the United Kingdom drops to 1.6 %.
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.