Stellantis vows to invest in Italy as it seeks thaw with Rome

Stellantis pledges invest $2.1 million in Italian production in 2025 during talks with government

The Stellantis automaker has pledged to invest 2 billion euros or $2.1 billion in Italian production next year and spend another 6 billion euros or $6.3 billion in the supply chain

ABC News - 9h

Stellantis Swiftly Reshapes Strategy Under Elkann After CEO’s Exit

The auto group chairman is hustling to fix relations with its dealer network and suppliers, and needs to move quickly.

Inc. - 1d

My 500-Mile Journey Across Alaska’s Thawing Arctic

I had read about how the rapid warming of the Arctic was upending the landscape and its people. Now I’ve seen it.

The New York Times - 2d

Colombia seeks renegotiation of investment treaty with the UK

Trade minister says current deal favours companies over the state

Financial Times - 3d

Italian PM Meloni grants citizenship to Argentina's Milei in Rome

Yahoo News - 3d

Critics Complain That Italy’s Government Is Interfering in the Arts

Italy’s culture ministry dismissed experts preparing an exhibition on Futurism and put in its own appointees, who created a show that seems to glorify the Mussolini years.

The New York Times - 4d

UK leader Starmer invited to EU meeting in latest sign of post-Brexit thaw

U.K. Prime Minister Keir Starmer will attend a meeting of European Union leaders early next year

ABC News - 5d

Stellantis to extend stoppage at Mirafiori plant until Jan. 20, union says

Stellantis will extend the stoppage of car production at its Italian Mirafiori plant by a further two weeks, until Jan. 20, the head of the FIOM-Cgil trade union at the site said on Thursday. ...

Yahoo Sports - 5d

How mafias cash in by preying on hotels, restaurants in Italy

Organized crime groups preying on vulnerable companies are taking home $3.5 billion a year, a research institute warned.

CBS News - 6d

Trump vows to speed up permits for anyone investing $1bn in the US

President-elect pledges to loosen environmental rules for big developers

Financial Times - Dec. 10

Stellantis and CATL's 2003 Vision Takes Shape

Yahoo News - Dec. 10

Stellantis and CATL to invest €4.1 bn in joint Spanish battery plant

Yahoo News - Dec. 10

Investing in America

The third annual FT-Nikkei Investing in America report looks at how overseas companies are negotiating the newly uncertain investment climate in the US

Financial Times - Dec. 10

Stellantis, CATL to Invest $4.3 Billion in Battery Plant in Spain

The companies said production is planned to start by end of 2026 and the plant could reach 50 gigawatt hours of capacity.

The Wall Street Journal - Dec. 10

China’s CATL to build $4.3bn battery factory with Stellantis in European expansion

Deal for Spanish plant comes despite EU efforts to reduce reliance on Chinese technology

Financial Times - Dec. 10

Syrian rebels seek to consolidate control

HTS issues amnesty for conscripted military but Israel grabs territory on border

Financial Times - Dec. 9

An explosion at a fuel depot in central Italy kills 2 and injures 9

Italian authorities say at least two people have been killed in a fuel depot explosion in the central region of Tuscany

ABC News - Dec. 9

Stellantis Shakes Up North American Executive Ranks

The moves mark the automaker’s most visible shake-up under an interim management committee headed by Chairman John Elkann.

The Wall Street Journal - Dec. 9

Music Review: The National bring a burst of energy to their brooding music on live album, 'Rome'

The indie rock band The National bring an abundance of energy for a brooding middle-aged group, as evidenced on their new live album, “Rome.”

ABC News - Dec. 9

That’s amore: Inside Italy’s best family-run, hidden-gem hotels

Yahoo News - Dec. 8

Crédit Agricole lifts stake in Italy’s Banco BPM in blow to UniCredit bid

French lender’s stake-building comes in wake of €10.1bn takeover offer from Andrea Orcel’s bank

Financial Times - Dec. 6

Stellantis recalls over 300,000 Ram trucks over potential brake failure

A faulty hydraulic control unit on the trucks could cause certain braking and tracking systems to fail.

CBS News - Dec. 6

OpenAI seeks to unlock investment by ditching ‘AGI’ clause with Microsoft

Start-up discusses removing provision to protect powerful technology from being misused for commercial purposes

Financial Times - Dec. 6

Italy’s slowing economy raises pressure on Meloni

Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budget

Financial Times - Dec. 5

Rome needs a small miracle to pull off the Vatican’s jubilee

The city’s overstretched infrastructure faces its toughest test with an expected influx of Catholic pilgrims

Financial Times - Dec. 5

Streets of Little Italy plowed after city received additional equipment

Yahoo News - Dec. 4

Italy's Meloni and Hungary's Orbán pledge deeper cooperation on migration and Ukraine

Italy’s Premier Giorgia Meloni has met her Hungarian counterpart Viktor Orbán in Rome, where the two discussed the situation in the Middle East, their support for a just and lasting peace in ...

ABC News - Dec. 4

Italy's Meloni and Hungary's Orbán pledge deeper cooperation on migration and Ukraine

Yahoo News - Dec. 4

Ex-boyfriend sentenced to life in femicide that rocked Italy

A 23-year-old Italian man has been sentenced to life in prison after admitting to stabbing his ex-girlfriend in a closely watched case that sparked public outcry.

NBC News - Dec. 4

Italy bans Airbnb self-check-ins

Yahoo News - Dec. 3

An Arctic Hamlet Is Sinking Into the Thawing Permafrost

Canada is losing its permafrost to climate change. The Indigenous residents of Tuktoyaktuk know they’ll have to move but don’t agree on when.

The New York Times - Dec. 3

Airbnb ‘Gladiator’ Experience at the Colosseum Prompts Outcry in Rome

An initiative by officials at the monument in a partnership with Airbnb has prompted an outcry among those who feel it will demean a cultural treasure.

The New York Times - Dec. 3

Sovereign investment dispute resolution is broken

(for everyone except the lawyers, naturally)

Financial Times - Dec. 3

Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign

The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.

Inc. - Dec. 3

Man jailed for life for murder of university student that horrified Italy

Brutal killing of Giulia Cecchettin, 22, triggered protests across country and cast grim spotlight on femicide in Italy. Filippo Turetta has been sentenced to life in jail for the murder of Giulia ...

The Guardian - Dec. 3

Killer in femicide that shocked Italy sentenced to life in jail

Giulia Cecchettin was killed by her ex-boyfriend in 2023, sparking an outpouring of grief and soul-searching.

BBC News - Dec. 3

Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits

Company is at loggerheads with Italian government, which claims it has not invested enough in the country. Business live – latest updates The Italian prime minister, Giorgia Meloni, has said ...

The Guardian - Dec. 3

How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job

Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.

The Wall Street Journal - Dec. 2

Why Stellantis’ chief executive Carlos Tavares was axed

Portuguese boss refused to budge on pace of EV transition as cries from suppliers, workers and government grew louder

Financial Times - Dec. 2

Stellantis vows to invest in Italy as it seeks thaw with Rome

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