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Stellantis revises 2024 financial guidance

Stellantis on Monday revised its 2024 financial guidance, citing “performance issues in North America” and the “deterioration of the sector’s global dynamics”. Stellantis said it saw adjusted operating profit margin between 5.5% and 7% for all of 2024, down from its previous “double-digit” estimate, while it expected to burn through

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Morning Briefing: Sept. 30, 2024

ISTANBUL: Here is a rundown of all the news you need to start your Monday with, including Lebanon saying around 1 million people have been displaced due to Israeli attacks, 70 people being killed in an intense Israeli bombardment of Lebanon on Sunday, and the Kremlin saying that an updated

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Culture minister passes final university exam

Culture Minister Alessandro Giuli on Monday passed his final exam at Rome’s La Sapienza University ahead of gaining his philosophy degree. The exam was in theory of theological doctrines and Giuli obtained a 30/30 mark without the laude (honours). “The exam went very well, the minister was extremely well prepared”,

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Inflation falls from 1.1% to 0.7% in September – ISTAT

Inflation in September fell from 1.1% to 0.7% on an annual basis, according to preliminary estimates released by ISTAT on Monday. Inflation at +0,7%, “is the lowest level registered since the start of the year”, said ISTAT. The trolley index of everyday goods such as food and household items returned

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Extra-EU exports up 0.8% in August, imports +0.3%- ISTAT

Italy’s foreign trade with non-EU countries saw exports in August rising 0.8% along with imports, up 0.3%, compared to the previous month, according to preliminary data released by ISTAT on Monday. Meanwhile, on an annual basis, exports to non-EU countries in August decreased by 7.4% and imports sank by 6.5%

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