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Tesla retreats from next-generation 'gigacasting' manufacturing process - Vimarsana News

Tesla retreats from next-generation 'gigacasting' manufacturing process

Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that...

Italy's doValue posts 19 million-euro 2023 loss as bad loan sector suffers - Vimarsana News

Italy's doValue posts 19 million-euro 2023 loss as bad loan sector suffers

Italy's biggest bad loan manager, doValue, on Thursday posted a 19 million-euro net loss for 2023 as debt collections dropped 10% last year, driving revenue lower. In a blow to...

Former ECB head Draghi sounds out businesses to boost EU competitiveness - Vimarsana News

Former ECB head Draghi sounds out businesses to boost EU competitiveness

Mario Draghi met business leaders in Milan on Wednesday as the former Italian prime minister and European Central Bank chief prepares a report on how to boost the continent's competitiveness. ...

German yields skim 2-1/2 month lows, markets see 100 bps of ECB rate cuts in 2024 - Vimarsana News

German yields skim 2-1/2 month lows, markets see 100 bps of ECB rate cuts in 2024

German government bond yields hit their lowest in more than two months in volatile trading on Friday, as investors upped their bets on global central banks cutting rates earlier and more aggressively... -November 17, 2023 at 11:52 am EST - MarketScreener

Valentino deal fails to lift Kering shares as Gucci woes mount - Vimarsana News

Valentino deal fails to lift Kering shares as Gucci woes mount

French luxury group Kering is bulking up its fashion portfolio with the purchase of a 30% stake in Valentino but that will do little to reduce its dependence on weakening top brand Gucci, at least in...