Corporate

Unicredit to point the capital increase

The new CEO of Unicredit, Jean Pierre Mustier, has clear ideas on how to manage the first phase of work, in particular the capital increase that the bank is called upon to put in. As reported by the newspaper La Repubblica, Mustier aims to lighten the capital increase through a sales program.
In recent weeks, rumors of a possible sale of the stake held in the Polish Bank Pekao had already emerged. Then rumors related to the sale of FinecoBank, not to mention those on possible also movements of Pioneer.

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Apple tax: UK and Turkey ready to welcome Cupertino

The day after the sentence with which the EU has fined Apple for 13 billion euro for unpaid taxes, the first proposals came from other countries. The risk, according to Cupertino, is that the decision "will have profound consequences on investment and on jobs in Europe.

"Apple should move to Turkey," , Mehmet Simsek, deputy MP wrote on Twitter. "Happy to provide more generous tax incentives. Won’t have to deal with EU bureaucracy."
In UK, The Prime Minister’s official spokesman said “The narrative of the Government has been well set out. Britain is open for business,

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Volkswagen is looking for agreement with US authorities

Volkswagen could reach a final agreement with the US authorities by October, "or at least the beginning of November." This was reported by Bloomberg, citing Dietmar Voggenreiter, head of sales and marketing of the Audi brand, interviewed by Reuters in Hong Kong. The comparison between the automaker and US authorities are making "very well," said the manager, predicting the reaching of final agreement in the autumn.

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Statoil finds the way to be profitable at $25 per barrel

Statoil, the Norwegian energy giant, has developed a project to make profitable the huge investment in the Johan Sverdrup field in the North Sea, even if the price of a barrel of oil falls to $ 25, "The situation we’ve been in for the last two years, where we need to find smarter solutions, spurs creativity," Mr. Nylund, Statoil’s head of Norwegian operations, told The Wall Street Journal. The plan is followed with great attention by the domestic energy that is trying to adapt to the low prices of crude oil. In short, it is the traditional manufacturers to launch the competitive challenge in the alternative ones.

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Barclays sells italian retail banking to Mediobanca

Barclays completed the sale of the Italian retail branches to CheBanca !, controlled by Mediobanca. With this, CheBanca! double in size and exceeds the 20 billion in total deposits, taking a further step in the development process and in strengthening the asset management of the Italian families; thanks to the acquisition, it’s realized significant increase in the number of customers (+ 38% to 800 thousand), assets under management (+ 74% to € 6.8 billion), direct deposits (+ 27% to € 13.6 billion) and mortgage loans (+ 50% to € 7.5 billion).

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Marchionne: Magneti Marelli crucial for FCA

CEO Sergio Marchionne has denied the press rumors that were circulating at the weekend about possible news for the Magneti Marelli negotiations between the FCA and Samsung. The rumors that leaked out indicated that the vice president of Samsung Electronics Lee Jae Yong, would be moved to Europe to participate in the appointments to the Board of Directors of Exor, of which he is director.

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Amazon experiments 30-hour work week

The American giant online sales Amazon tries to erase the controversy over the quality of the treatment of its employees and launched the trial of a 30-hour work week, from 40 as a rule, reserved for the moment to teams of a few dozen temporary workers full.

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