MILAN Veteran Italian manager Luigi Gubitosi is seen ahead in the race to become the new chief executive of Italy's biggest telecoms group Telecom Italia (TIM) , two sources familiar with the matter said.
MARANELLO, Italy Ferrari plans 15 new models, including hybrids, a utility vehicle and special editions in its drive to hit a softened but still exacting mid-term earnings target. | Video
MARANELLO, Italy, Sept 18 Ferrari's
new boss will explain on Tuesday how he intends to deliver on
mid-term targets, aiming to convince investors the supercar
maker can maintain the pace set by his illustrious predecessor.
MILAN Ferrari's new boss has his work cut out on Tuesday to convince investors that the supercar maker can hit mid-term targets he described last month as "aspirational".
ROZZANO, Italy U.S. hedge fund Elliott pulled off a boardroom coup at Telecom Italia on Friday, wresting control away from French media group Vivendi as the fund embarks on a campaign to shake up slumbering companies across Europe.
ROZZANO, Italy Telecom Italia (TIM) Chief Executive Amos Genish was backed by nearly all shareholders present at a general meeting on Tuesday, days before a showdown over board seats between the Italian phone group's top two investors.
MILAN A judge ruled in favor of an appeal by Telecom Italia (TIM) and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed.
MILAN/ROME Italy's communications regulator is considering whether it could force Telecom Italia (TIM) to put its fixed-line network into a separate company to address competition concerns, three sources close to the matter said.
PARIS/MILAN An Italian watchdog ruling that Vivendi has de facto control of Telecom Italia has strengthened Rome's hand as it considers using special powers that could trigger asset sales.
MILAN Italy's new telecoms network company Open Fiber would be in a good position to buy Telecom Italia's (TIM) network, it said on Monday, adding to a growing debate on whether the former phone monopoly should sell its most prized asset.