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BERLIN (Reuters) – German consumer sentiment is broadly unchanged heading into April, with a focus on saving highlighting uncertainty among households after last month’s election in Europe’s biggest economy, a survey indicated on Friday. The consumer sentiment index, published by the GfK market research institute and the Nuremberg Institute for Market Decisions (NIM), inched up …

German consumer sentiment almost flat in April, GfK survey shows Read More »

By Giuseppe Fonte ROME (Reuters) -Italy intends to appoint Marcello Sala, head of an economy ministry department that manages state-run firms and asset disposals, as a supervisory board member at chip maker STMicroelectronics, three sources said. The company, in which the French and Italian governments own a 27.5% share through a holding company, employs 50,000 …

Italian top government official seen joining STMicroelectronics supervisory board Read More »

By Akash Sriram, Arsheeya Bajwa (Reuters) -As the global auto world reeled from the potential fallout of U.S. President Donald Trump’s new auto tariffs, one name stood out as less affected than others – electric-vehicle maker Tesla. Shares of the Texas-based company were the rare automaker to trade in the green in U.S. action on …

Trump’s auto tariffs will hit many companies, but Elon Musk’s Tesla less so Read More »

By Toby Sterling AMSTERDAM (Reuters) – The European Commission is looking at ways to cut overlap in tech rules in response to complaints from business about the flood of new EU regulations in recent years, digital chief Henna Virkkunen said on Thursday. Outside a meeting in Amsterdam, Virkkunen told reporters she had no plans to …

EU Commission looks to cut overlap in tech directives -Virkkunen Read More »

(Reuters) -Britain’s media and telecommunications regulator, Ofcom, on Thursday fined OnlyFans, an adults-only website and social media platform, 1.05 million pounds ($1.4 million) over failures to correctly disclose information related to measures to check age. OnlyFans’ operator, Fenix International Limited, had failed to provide accurate information over how it was implementing age checks and how …

UK watchdog fines OnlyFans $1.4 million over age-check disclosure failures Read More »

By Kate Abnett BRUSSELS (Reuters) – The European Commission is considering changes to EU energy laws as part of its next package of proposals to cut the regulatory burden for struggling industries, sources familiar with the matter told Reuters. Brussels has launched a drive to remove layers of bureaucracy that European businesses say set them …

EU targeting energy laws in drive to cut red tape, sources say Read More »

By Valentina Za and Andrea Mandala MILAN (Reuters) -Banco BPM intends to proceed with its bid for fund manager Anima Holding, despite the European Central Bank’s stance on capital treatment that makes the deal more costly, the bank said on Thursday. The ECB has issued a negative opinion on Banco BPM’s plan to use what …

Banco BPM to proceed with Anima bid despite ‘Danish Compromise’ snag Read More »