Mercedes-Benz Profits Decline in 2023 as Electric Cars Remain More Expensive

Finance Of Alberto Annicchiarico Decline in demand for cars on tap, objectives change to 2030. Dividend slightly increased. Buyback up to 3 billion 4′ reading Mercedes-Benz changes electrification goals. Demand does not correspond to forecasts and prices also promise to remain at high levels for some time to come, according to the Stuttgart company. And … Read more

Chinese Central Bank Cuts 5-Year Prime Lending Rate, Euro Stocks Affected – Analysis and Trends

Finance by Stefania Blasioli and Paolo Paronetto Tokyo closes negative. China’s central bank cut the 5-year prime lending rate (LPR) by 25 basis points 3′ reading (Il Sole 24 Ore Radiocor) – The handbrake is on European stock exchanges at the start, the day after a session already characterized by caution which saw the absence … Read more

Camfin’s Purchase of Pirelli Shares Strengthens Italian Shareholding to 20% – Il Sole 24 Ore

Finance Of Marigia Mangano The operation would consist of the purchase of a package of Pirelli shares by Camfin and an agreement between Mtp, Camfin’s parent company, and the Chinese partner Mr NiĆ¹ for the control of another package of Pirelli shares 2′ reading The strengthening of would be in the pipeline Faith in Pirelli … Read more

Microtecnica, on the stop at Safran Paris disputes the golden power

Economy by Carmine Fotina, Filomena Greco The French Ministry of Economy criticizes the lack of consultation between partners “especially for a company that is currently American”. The hub of defense supplies 3′ reading Paris raises its voice after the Italian government’s opposition to the Safran-Microtecnica operation. Sources from the French Ministry of Economy, interviewed by … Read more