business

Image for Italy could become Europe's second largest auto producer, says Stellantis manager

Finance

Italy could become Europe's second largest auto producer, says Stellantis manager

Image for Portugal calls for joint EU funding for defence spending

Finance

Portugal calls for joint EU funding for defence spending

Image for BP's offshore wind head to step down

Finance

BP's offshore wind head to step down

Image for EU extends sanctions on Congolese officials for another year

Finance

EU extends sanctions on Congolese officials for another year

Image for Italy's Forgital awaits binding bids on Monday, Cinven and Stonepeak in the race, sources say

Italy's Forgital awaits binding bids on Monday, Cinven and Stonepeak in the race, sources say

Date: December 9, 2024

MILAN (Reuters) - Three private equity firms are left in the race to buy Italy's Forgital, which manufactures forged components mainly for the aerospace sector, two sources close to the matter said on...

Image for Stellantis' former head of Ram returns to run the brand

Stellantis' former head of Ram returns to run the brand

Date: December 9, 2024

By Nora Eckert DETROIT (Reuters) - Stellantis' former head of Ram is returning to the company just months after announcing his retirement, as the automaker seeks to strengthen its leadership team...

Image for Sweden mulling social media age limit to stop gangs recruiting young people

Sweden mulling social media age limit to stop gangs recruiting young people

Date: December 9, 2024

By Johan Ahlander STOCKHOLM (Reuters) - Ministers in Sweden's government are considering imposing age limits on social media platforms if tech companies find themselves unable to prevent gangs from...

Image for Dutch F-35s intercepted three Russian aircraft over the Baltic Sea

Dutch F-35s intercepted three Russian aircraft over the Baltic Sea

Date: December 9, 2024

AMSTERDAM (Reuters) - Dutch F-35 fighter jets intercepted three Russian aircraft over the Baltic Sea on Friday and escorted them at a distance over international waters to the border of the NATO area...

Image for China's BYD to focus on plug-in hybrid cars in European expansion

China's BYD to focus on plug-in hybrid cars in European expansion

Date: December 9, 2024

MILAN (Reuters) -Hybrid technology will be key for the European expansion of Chinese EV giant BYD amid soft demand for fully-electric vehicles, the special adviser in the region for the manufacturer...

Image for UK's Starmer pledges to step up engagement in Middle East for long-term stability

UK's Starmer pledges to step up engagement in Middle East for long-term stability

Date: December 9, 2024

LONDON (Reuters) - British Prime Minister Keir Starmer has pledged to step up the country's engagement in the Middle East to support long-term stability, the government said on Monday. "The stability...