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Banco BPM raises 2022 and 2023 EPS guidance after Q3 profit beats
MILAN (Reuters) - Italy's Banco BPM on Tuesday said it had raised its outlook on net earnings per share in 2022 and 2023 after profits in the third quarter beat expectations thanks to higher rates. It...
Syndicated Content Nov 08, 2022
Stellantis to halt Melfi plant operations in Italy for two days
MILAN (Reuters) -Stellantis will halt operations at its Melfi plant in southern Italy on Wednesday and Thursday due to a shortage of a component that uses micro chips, a trade unionist said. Marco Lom...
Syndicated Content Nov 08, 2022
Exxon says it is dealing with ‘operational matter’ at Britain’s Fawley refinery
LONDON (Reuters) - Exxon Mobil said it was dealing with an "operational matter" at its Fawley oil refinery in Britain, according to the plant's Twitter page. The oil major did not provide any further ...
Syndicated Content Nov 08, 2022
US EIA cuts 2023 world oil demand growth forecast
WASHINGTON, Nov 8 (Reuters) - The U.S. Energy Information Administration on Tuesday cut its 2023 world oil demand growth forecast by 320,000 barrels per day to 1.16 million bpd. In its monthly forecas...
Syndicated Content Nov 08, 2022
Ferragamo’s nine-month sales rise 13% driven by Europe
MILANO (Reuters) -Sales at Italian luxury goods group Salvatore Ferragamo rose by 12.7% annually at constant exchange rates in the first nine months, driven by strong demand in Europe. Revenues reache...
Syndicated Content Nov 08, 2022

California Powerball player to claim record $2 billion jackpot
UPDATED 1:13 P.M. ATLANTA (Reuters) -A Powerball player in California holds the only winning ticket in Tuesday’s drawing for the $2.04 billion jackpot, according to the game’s website, end...
Julia Bradley Nov 08, 2022
Brazil central bank has to work on reducing 2024 inflation expectations, says director
BRASILIA (Reuters) - Brazil's central bank Monetary Policy Director Bruno Serra said on Tuesday that policymakers "have to work" to bring 2024 inflation expectations to the target. At an event hosted ...
Syndicated Content Nov 08, 2022
EU eyes longer, negotiated debt reduction paths in rules review
By Jan Strupczewski BRUSSELS (Reuters) - The European Commission will on Wednesday propose changes to the EU's debt rules that would allow each of the bloc's 27 countries to negotiate its own debt red...
Syndicated Content Nov 08, 2022
Telecom Italia CEO sticks to turnaround plan as govt weighs alternatives
MILAN (Reuters) - The head of Telecom Italia (TIM) on Tuesday signalled he still backed a turnaround plan centred on the spinoff of its landline grid in the face of an alternative project championed b...
Syndicated Content Nov 08, 2022
EU antitrust regulators to probe Microsoft’s $69 billion Activision bid
BRUSSELS (Reuters) - EU antitrust regulators on Tuesday opened a full-scale investigation into Microsoft's $69 billion bid for "Call of Duty" maker Activision Blizzard, warning the deal may hurt compe...
Syndicated Content Nov 08, 2022
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