Italy’s Iveco ups 2023 guidance but still burns cash in Q1

[ad_1] Details of the front of an Iveco truck exhibited during a news conference in Turin, Italy, July 13, 2022. REUTERS/Massimo Pinca Acquire Licensing Rights Sees FY adj industrial EBIT…

Italy’s Banco BPM to grow investor payback as rates decline

[ad_1] MILAN, Dec 12 (Reuters) – Italy’s Banco BPM (BAMI.MI) on Tuesday pledged to moderately grow profits through 2026 as net fees offset declining interest rates, allowing it to increase…

Exclusive: Petrobras eyes steady investments in new five-year business plan, CEO says

[ad_1] [1/4]Brazil’s state-run oil company Petrobras Chief Executive Jean-Paul Prates attends an interview with Reuters in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes Acquire Licensing Rights RIO DE…

Citigroup reorganization to be completed in first quarter, CFO says

[ad_1] The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo…

Germany’s Continental considers measures to improve competitiveness

[ad_1] A car wheel with a badge showing the logo of German tyre company Continental, pictured before the company’s annual news conference in Hanover, Germany, March 7, 2019. REUTERS/Fabian Bimmer/File…

Clariant to cut 170 jobs after closing Romania plant, downsize German operations

[ad_1] The logo of Swiss specialty chemicals company Clariant is seen at the company’s headquarters in Pratteln, Switzerland August 9, 2017. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights ZURICH, Dec 6…

Continental prepares for asset sales, tightens 2023 targets

[ad_1] The logo of German tyre company Continental, pictured before the company’s annual news conference in Hanover, Germany, March 7, 2019. REUTERS/Fabian Bimmer/File Photo Acquire Licensing Rights BERLIN, Dec 4…

Ash Noronha becomes Fergus Re’s new Head of Business Strategy – Reinsurance News

[ad_1] Clear Blue’s former Chief Reinsurance Officer Ash Noronha has joined Fergus Reinsurance Limited, a Class 3B Segregated Account Company based in Bermuda, as Head of Business Strategy. Fergus Re…

Merck KGaA suffers major blow as MS drug fails in late-stage trials

[ad_1] [1/2]A logo of drugs and chemicals group Merck KGaA is pictured in Darmstadt, Germany January 28, 2016. REUTERS/Ralph Orlowski/File Photo Acquire Licensing Rights FRANKFURT, Dec 5 (Reuters) – Germany’s…

PNC sees growth opportunity in capital-led market disruptions

[ad_1] PNC Financial Services Group President and CEO William Demchak testifies during a U.S. House Financial Services Committee hearing titled “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks”…