Alberto Brambilla

A supplier to Stellantis NV plans to hire advisers to help with more than €400 million ($441 million) of debt as softening demand, inflation and sluggish electric vehicle sales impact the sector.

Stellantis NV will halt production of the electric Fiat 500 model in Turin, Italy over the next month due to a lack of orders in Europe.

Saipem SpA was awarded an offshore Engineering, Procurement and Construction contract by QatarEnergyLNG worth about $4 billion.

Ryanair Holdings Plc expects a strike at Boeing Co. to delay its aircraft deliveries by about six weeks, meaning that some planes earmarked for the first half of next year will slip into the back end of 2025.

The Italian government is cutting funds to Stellantis NV and Mercedes-Benz Group AG electric-vehicle battery plant, a project which has faced delays due to a slowdown in EV demand in Europe.

Battery maker plans to resume talks with Italy next year ACC has paused work on planned factories in Italy, Germany

Premier Giorgia Meloni's government has clashed repeatedly with Stellantis in recent months as the carmaker shifted production to lower-cost sites in other countries amid an industry-wide slowdown in EV demand.

Electric-vehicle maker Leapmotor expects to start assembling its urban electric car model in Poland by the end of the year as it looks to expand in Europe.

Italy's Italgas SpA is nearing an agreement on a proposed €5 billion ($5.5 billion) deal to buy its largest domestic competitor, in a deal that would transform it into Europe's biggest gas distribution network operator.

Italgas SpA said its new plan targets nearly €3 billion ($3.3 billion) in profit by 2030 after the gas distributor sealed a deal to buy rival 2i Rete Gas.