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By Giulio Piovaccari MILAN (Reuters) – Nine months after taking the top job, Ferrari CEO Benedetto Vigna will be expected this week to explain how the carmaker will preserve its cachet – and top tier prices – in a future of electrified cars. The Italian luxury sports carmaker is set to unveil its much awaited …

Vigna to set out Ferrari’s route into electric vehicle era Read More »

(Reuters) -British transport operator Go-Ahead said on Monday it had received two separate takeover approaches at a price it planned to recommend to shareholders if the potential suitors tabled a firm offer, sending its shares nearly 20% higher. The two bidders – Australia-based transport service provider Kelsian Group Ltd, and a consortium of Australia’s Kinetic …

Britain’s Go-Ahead attracts takeover approaches from two suitors Read More »

LONDON (Reuters) – Smurfit Kappa has resumed some operations at a packaging plant in central England after a large fire ripped through the facility overnight, the local fire service said on Monday. West Midlands Fire Service said more than 100 firefighters from across the region around Birmingham had made progress containing the blaze that they …

Smurfit Kappa resumes some operations at UK plant hit by fire Read More »

LONDON (Reuters) -Legal & General Investment Management, a significant shareholder in Capricorn Energy and Tullow Oil, said on Monday it has “strong reservations” about a proposed merger between the two companies. Tullow and Capricorn agreed an all-share merger earlier this month in a deal worth around $827 million, paid for in newly issued Tullow shares. …

Shareholder LGIM says has ‘strong reservations’ about Capricorn, Tullow merger Read More »

OSLO (Reuters) – Norwegian oil firms and employees have agreed in principle a new wage deal, avoiding for now a strike at nine fields that could have hit the country’s petroleum output, employers and unions said on Sunday. Two of the three unions that negotiated with oil firms will seek approval from their members before …

Norway oil firms, workers agree wage deal in principle, avert strike for now Read More »

LONDON (Reuters) – Britain’s competition watchdog has been asked by the government to review the retail fuel market to see whether a cut in duty has been passed onto consumers as prices at the pump hit unprecedented highs. Business Secretary Kwasi Kwarteng said on Sunday the investigation would find out why fuel prices were always …

Britain orders review of fuel market as pump prices surge Read More »

(Reuters) -The Netherlands’ antitrust watchdog on Saturday said Apple Inc will allow different payment methods in Dutch dating applications, ending a dispute that resulted in the company being fined 50 million euros ($52.58 million). The Authority for Consumers and Markets (AMC) said in a statement https://bit.ly/3aP3fZp that with this concession, Apple will meet the requirement …

Dutch watchdog says Apple to offer other payment methods in dating apps Read More »