Fiat’s 500 BEV to have entry price of 19,900 euros in Italy, including incentives

© Reuters. FILE PHOTO: Ceremony to mark the installation of the first robot on the production line for the new electric Fiat 500 BEV at the Mirafiori industrial complex MILAN (Reuters) – Fiat Chrysler’s (MI:) new electric 500 will have an entry price of 19,900 euros ($ 23,550), including a 6,000-euro incentive offered by Italy’s […]

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How strong is too strong? Euro’s 10% rally fans fears of side effects

© Reuters. The German Bundesbank presents the new 50 euro banknote at it’s headquarters in Frankfurt By Elizabeth Howcroft LONDON (Reuters) – After years of gloom, euro bulls will be celebrating the single currency’s brisk rally to two-year highs against the dollar, yet the euphoria is now being tempered by caution over what side effects […]

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Italy industry minister says Alitalia had 232 million euros of liquidity as of May 31

© Reuters. An Alitalia airplane is seen before take off from the Leonardo da Vinci-Fiumicino Airport in Rome ROME (Reuters) – Italian Industry Minister Stefano Patuanelli said on Tuesday ailing carrier Alitalia had 232 mln euros of liquidity as of May 31, as the airline sector struggles with huge losses due to the COVID-19 emergency. […]

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France’s SocGen to provision between 3.5 and 5 billion euros this year: CEO

© Reuters. FILE PHOTO: The logo of Societe Generale is seen on the headquarters at the financial and business district of La Defense near Paris PARIS (Reuters) – French bank Societe Generale (OTC:) expects to have to provision 3.5 billion euros to 5 billion euros ($ 3.84 bln-5.49 bln) this year because of losses due […]

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