CERNOBBIO, Italy (Reuters) -Italy sees its economy expanding by at least 1.2% in 2025, a Treasury junior minister told Reuters, as the government prepares its medium-term structural budget plan to be submitted to the European Commission by Sept. 20. Italian daily Il Sole 24 Ore reported on Sunday Rome would set a 2025 GDP growth …
Italy sees 2025 GDP growth of at least 1.2%, junior minister says Read More »
(Reuters) -Elon Musk denied a report that his artificial intelligence startup xAI has held talks for a share in future Tesla revenue in return for giving Musk’s electric vehicle maker access to xAI’s technology and resources. The Wall Street Journal reported on Saturday that Tesla would license xAI’s artificial-intelligence models to help power its driver-assistance …
Musk denies report his xAI in talks over Tesla revenue Read More »
CERNOBBIO, Italy (Reuters) – The European Union should decide already next year whether to rethink regulation that effectively bans the sale of new petrol and diesel cars in the 27-nation bloc from 2035, Italy’s industry minister said on Saturday. Speaking on the sideline of TEHA business forum in Cernobbio, Adolfo Urso said an intermediate assessment …
Italy calls for early review of EU combustion engine ban Read More »
By Francesca Landini CERNOBBIO, Italy – (Reuters) – Italy plans to draft, by early 2025, rules to allow the use of new nuclear power technologies, the energy minister said on Saturday, signalling a potential reversal of the country’s current ban on nuclear power production. “By the end of the year (the energy ministry’s legal adviser …
Italy inches towards reversing a nuclear energy ban Read More »
CERNOBBIO, Italy (Reuters) – Italian railways operator Ferrovie dello Stato will study whether to seek outside investors, including through a potential bourse listing, its newly appointed chief executive said on Saturday. Asked about a possible stock market flotation of the state-owned group, CEO Stefano Donnarumma said this was a possibility within a wider range of …
Italian state railways will consider bringing in private investors, CEO says Read More »
By David Shepardson WASHINGTON (Reuters) -Chrysler parent Stellantis said Saturday it is recalling 1.46 million vehicles worldwide due to a software malfunction in the anti-lock brake system that can increase the risk of a crash. The recall includes nearly 1.23 million Ram 1500 trucks from the 2019 and 2021-2024 model years in the United States, …
Chrysler-parent Stellantis recalls 1.46 million vehicles worldwide Read More »
ZURICH (Reuters) – UBS would be given time to build up the necessary capital buffers to protect itself against financial difficulties, Swiss National Bank (SNB) Chairman Thomas Jordan said in an interview published on Saturday. Jordan told the Neue Zuercher Zeitung newspaper that improvements were needed in the wake of last year’s Credit Suisse crash …
UBS would be given time to adjust capital levels, says SNB’s Jordan Read More »
CERNOBBIO, Italy (Reuters) – Italy plans to confirm a projected 1% economic growth estimate for this year in its medium-term structural budget plan to be presented to the European Commission by Sept. 20, a Treasury junior minister said on Saturday. “I believe 2024 estimates will be confirmed … with GDP growth of 1%,” Economy Ministry …
Italy budget plan to keep 1% GDP growth estimate, junior minister says Read More »
PARIS (Reuters) – Europe’s autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric vehicles, Renault CEO Luca de Meo said on Saturday. Automakers face tougher EU CO2 targets in 2025 as the cap on average emissions from new vehicles sales falls to 94 grams/km …
Renault CEO says sector could face billions in fines as EV sales slow Read More »
(Reuters) -Apple’s latest iPhone with its A18 chip, which is set to be unveiled at an event on Monday, has been developed using SoftBank-owned Arm’s newest V9 chip design, the Financial Times newspaper reported on Saturday. Apple is set to host its fall event on Sept. 9 at its headquarters in Cupertino, California, where it …
New iPhone will use Arm’s chip technology for AI, FT reports Read More »
