Tag: Finance
Cisco acquires Swiss Isovalent for cloud security
(Finance) – Cisco announces its intention to acquire Isovalent, a leader in cloud native networking and open source security, to make the network even more secure on public clouds. The…
Former Ilva, Arcelor Mittal negotiates exit in Italy and invests in France: new partners are being sought
(Finance) – The negotiations for the exit of ArcelorMittal from the former Ilva and the week that opens will be decisive. The lawyers of Invitalia and Arcelor Mittal, with 38…
Pensions, Calderone: harmonizing the system is not easy, interventions already this year
(Finance) – The Minister of Labour, Marina Cauldrondeclared that as regards the pensions “harmonizing the system is certainly not easy, especially when the resources, as happened in 2023 with the…
Bruno Le Maire visiting Dunkirk, the challenge of decarbonizing industry
In France, this is Bruno Le Maire’s first trip to the North since he regained his post in Bercy. This Monday, January 15, the Minister of the Economy is visiting…
Citigroup reports $1.8 billion loss in the fourth quarter
(Finance) – Citigroup recorded one net loss for the fourth quarter 2023 of $1.8 billion, or $1.16 per share, up revenues of 17.4 billion dollars. That compares with net income…
Delta Air Lines cuts earnings guidance, buys 20 Airbus widebody planes
(Finance) – Delta Air Linesa major airline in the United States, reported a Net income of $2.04 billion in fourth quarter of 2023, up from $828 million a year ago.…
Red Sea, merchant trade shock casts shadows on economic prospects
(Finance) – The new ones tensions in the Red Sea are complicating the crisis in the Middle East, with reflected on global trade, which risk jeopardizing the economy and influencing…
Gas bills: increases of up to 177 euros for those who have not switched to the free market
(Finance) – The arrival of 2024 marked the end of the protection service for the gas supply and to non-vulnerable domestic customers cwho have not switched to the free market…
USA, December producer prices below expectations
(Finance) – Disappointing data arrive from US producer prices in December 2023. According to the US Department of Labor (BLS), producer prices fell by 0.1% month on month as in…
Enit brings Italy to the Netherlands: a stand at the Vakantiebeurs until January 15th
(Finance) – In the cold of Holland, at minus 5 degrees, Italian warmth arrives with the stand Enit’s Italy at Vakantiebeurs – Utrechtthe international event that promotes leisure, active and…