By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Italy aims to follow a cautious fiscal policy in order to…
German economy ministry wants to skim electricity windfall profit from November – draft paper
BERLIN (Reuters) – Germany’s economy ministry wants to begin skimming off electricity providers’ windfall profits retroactively from November, according to…
Nissan lifts profit forecast, but Renault uncertainty remains
By Satoshi Sugiyama TOKYO (Reuters) -Japan’s Nissan Motor Co lifted its full-year profit forecast on Wednesday, buoyed by higher-margin sales…
E.ON, regulator in discussions over German grid returns – CFO
FRANKFURT (Reuters) – E.ON, Europe’s largest operator of energy networks, is in talks with German regulators over how soaring inflation…
Credit Suisse announces new head of product within asset management division
ZURICH (Reuters) – Credit Suisse on Wednesday named Scott Ebner as the new head of product within the bank’s asset…
Siemens Healthineers aims for $300 million in savings
By Alexander Huebner ERLANGEN, Germany (Reuters) -Siemens Healthineers will restructure its diagnostics division to save around 300 million euros ($302…
Commerzbank profit drops; shares tumble as 2024 forecasts disappoint
By Tom Sims and Marta Orosz FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday its net profit fell by 52% in…
Czech proposed power revenue cap to bring much higher revenue than expected, minister says
PRAGUE (Reuters) -A Czech proposal to impose staggered revenue caps on prices charged by electricity producers by the type of…
Italy may allow earlier retirement based on 41 years of work, says minister
ROME (Reuters) – Italy may change its pension system to allow people to retire after paying 41 years of pension…
Euro zone consumers see higher inflation ahead, ECB says
FRANKFURT (Reuters) – Inflation expectations among euro zone consumers continued to rise in September, even as economic growth and income…