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  • MILAN, April 26- Fiat Chrysler Automobiles beat first-quarter profit forecasts on Tuesday, helped by a strong performance in North America, but higher debt pushed its shares lower. FCA, which spun off luxury unit Ferrari at the start of this year, said its net industrial debt rose to 6.6 billion euros at the end of March from 5.1 billion euros three months earlier,...

  • MILAN— With lower gas prices shifting North American driving preferences toward bigger vehicles, Fiat Chrysler has accelerated its transition away from passenger cars with an impact on its manufacturing footprint across the globe. Fiat Chrysler Automobiles CEO Sergio Marchionne gave out pieces of the plan to exit the small- and midsize car business in the...

  • Treasury Under Secretary Nathan Sheets participates in "U.S.- China Economic Engagement in 2016: A Conversation on China" before the 7th Annual China Business Conference hosted by the U.S. Chamber of Commerce- 2130 GMT. NEW YORK- Bank of Canada Governor Stephen Poloz gives a speech to the Investment Industry Association of Canada and Securities Industry and...

  • European stocks in negative territory

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Austria's election.

  • NEW YORK— Walking through most doors at the Tribeca Film Festival means taking a seat in a theater full of chattering moviegoers. "We're trying to build the airplane where we're in flight," says Eugene Chung, chief executive of Penrose Studios, a VR content maker Chung founded after working at Oculus Rift and Pixar Animation. Set in a Venice- like city in the clouds, the...

  • *FTSEurofirst 300 drops 0.4 percent. (ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon (see cpurl:// apps.cp./ cms/? LONDON/ MILAN, April 22 (Reuters)- European shares fell on Friday as automaker Daimler reported disappointing results and said it would investigate its U.S. emissions certification...

  • European stocks down

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including European autos dragging down the region's market.

  • LONDON, April 22- European shares fell slightly on Friday as automaker Daimler reported disappointing results and said it would investigate its U.S. emissions certification process. The pan-European FTSEurofirst 300 index was down 0.3 percent by 1048 GMT, adding to a 0.3 percent fall in the previous session, although it was still headed for a second straight...

  • MILAN, April 21- Salvatore Ferragamo's Chief Executive Michele Norsa will leave his post by the end of the year after a decade at the helm of the Italian luxury goods maker, the company said in a statement on Thursday. The company said Norsa will continue to work with the Florence- based company in a non-executive role until the shareholders' meeting to approve its...

  • European markets close post-ECB

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the ECB's news conference and agitation in the euro/U.S. dollar.

  • ALBANY, N.Y.— The mayors of four cities in upstate New York have joined an effort to allow Uber to expand outside of New York City. Mayors in Ithaca, Utica, Rome and Hornell on Thursday endorsed a proposal before the state Legislature which would create regulations for the expansion. The app-based ride-hailing service is now limited to the New York City area and...

  • MILAN/ LONDON, April 21 (Reuters)- European shares fell on Thursday after the European Central Bank (ECB) kept rates unchanged, with Swedish telecom equipment maker Ericsson and French drinks firm Pernod leading the fall after disappointing updates. ECB President Mario Draghi kept borrowing costs at rock bottom levels, sticking to his course of ultra-loose...

  • MILAN/ LONDON, April 21 (Reuters)- European stocks fell slightly on Thursday, with Swedish telecom equipment maker Ericsson and French drinks firm Pernod leading the fall after disappointing updates. Some investors said there was some profit taking before a European Central Bank (ECB) meeting later in the day which was widely expected to keep interest rates...

  • *Vicenza IPO emerges as test of confidence in Italy banking. MILAN, April 21- Italy's Banca Popolare di Vicenza faces existing and potential legal claims of 1.65 billion euros from clients who allege it mislead them into buying its shares, potentially complicating a state-backed rescue of the struggling bank. However, the legal claims facing Vicenza,...

  • MILAN/ LONDON, April 20- European shares rose on Wednesday, helped by a late rally in crude oil prices and gains among banking stocks. "Overall, it was not exactly a solid report but good enough to keep the bears at bay, at least for the time being," said Fawad Razaqzada, analyst at Gain Capital in London. Traders cited no specific trigger behind the reversal but said there...

  • *Copper targeting $5,140- $5,350- consultant. "I think there's some restocking coming through in China based on some stability in the economy and generally we're seeing some risk appetite coming back. There's a certain warming towards commodities in general, "said Robin Bhar, head of metals research at Societe Generale in London.

  • European stocks flat ahead of ECB

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including markets awaiting the ECB meeting on Thursday and the EU levying antitrust charges against Google.

  • MILAN/ LONDON, April 20- European shares steadied around three-month highs on Wednesday as a fall in crude oil prices was offset by some solid earning updates and gains among banking stocks. "There is probably room for a short-term correction... following the lead from losses in China and in oil prices," said Alessandro Balsotti, portfolio manager at JCI Capital in...

  • Italian banks must tackle a $341 billion load of non-performing loans, the co-founder of a hedge fund with a base in Milan told CNBC on Tuesday.

  • MILAN, April 20- Italy rushed to overcome last-minute hurdles to a plan to restore confidence in its banking industry on Wednesday, as a newly created bailout fund set tough conditions for the rescue of Banca Popolare di Vicenza. Popolare di Vicenza, Italy's eighth largest lender, must raise the cash and list on the stock market to plug a capital shortfall...