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Pirelli made an abrupt change to its CEO succession plans

Futures bearish; BoE expected to rate hike

(Alliance News) - European marketplaces according to the futures market signaled a bearish path Thursday, on the day the Bank of England is set to make another interest rate hike. Wednesday s data indicate that a half-point rate hike could be on the ta.

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Italy blocks China from taking control of Pirelli

Italy blocks China from taking control of Pirelli
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Camfin nominates Andrea Casaluci as Pirelli's next CEO

Camfin, a major stakeholder of Pirelli, has nominated Marco Tronchetti Provera and Andrea Casaluci for executive vice chairman and CEO, respectively, of the Italian tire maker.

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Milan well; UK inflation worse than expected

(Alliance News) - Piazza Affari opens in surplus, Wednesday, while other European stock exchanges follow a bearish trend with London doing worse than all after the ONS released data on inflation, which rose 8.7 percent in the UK in May, unchanged from Ap.

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