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Italy central bank to spurn firms that don’t go green

FILE PHOTO: Banca D’Italia (Bank of Italy) sign is seen in downtown Rome, Italy, October 19, 2018. REUTERS/Alessandro Bianchi ROME (Reuters) – The Bank of Italy plans to adopt investment criteria which reward companies that take action on climate change, Read more ›

Vivendi reaffirms support for TIM CEO, decries ‘rumor campaign’

PARIS/MILAN (Reuters) – Top shareholder Vivendi (VIV.PA) reaffirmed its support for Telecom Italia’s (TIM) (TLIT.MI) Chief Executive Amos Genish, while accusing activist fund Elliott of running a “rumor campaign” to discredit him. Telecom Italia CEO Amos Genish gestures during a Read more ›

Vivendi reaffirms support for TIM CEO, decries ‘rumor campaign’

PARIS/MILAN (Reuters) – Top shareholder Vivendi (VIV.PA) reaffirmed its support for Telecom Italia’s (TIM) (TLIT.MI) Chief Executive Amos Genish, while accusing activist fund Elliott of running a “rumor campaign” to discredit him. Telecom Italia CEO Amos Genish gestures during a Read more ›

Versace sale turns up heat on fashion’s independent outliers

PARIS (Reuters) – Michael Kors’ (KORS.N) swoop on Versace leaves a shrinking universe of fashion brands determined to go it alone and fend off luxury empire builders, raising the pressure on those struggling financially to lift sales or sell out. Read more ›

Major automakers report drop in U.S. vehicle sales for July

DETROIT (Reuters) – Μaϳoг automakers оn Wеԁneѕday reported lower U.S. new ѵеhісle sales fог July amid stеeр declines іn passenger cаrѕ, ехсерt Fiаt Chrysler Αutomоbilеѕ NV (FCA) (FCHA.MI) (FCAU.Ν), which sаiԁ its sales сlimbed 6 percent. U.Ѕ. consumers have been Read more ›