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India's Tata Motors Agrees To Acquire Commercial Vehicle Business Of Italy-Based Iveco Group At $4.4 Billion

India's Tata Motors Agrees To Acquire Commercial Vehicle Business Of Italy-Based Iveco Group At $4.4 Billion

On Wednesday, India's Tata Motors agreed to acquire the commercial vehicle business of Italy-based Iveco Group through an all-cash offer valuing the company at approximately €3.8 billion ($4.4 billion), the company announced. Does The Acquisition...

EU-US trade deal explained – energy aspects

EU-US trade deal explained – energy aspects

(Credit: Unsplash) This article is brought to you in association with the European Commission. EU energy imports from the US The US already is one of the EU’s top energy partners and, by far, the EU’s first supplier of LNG, with55% of our LNG...

Jessica Alves, 42, finds love with 'charming' German engineer after meeting on a plane as they enjoy romantic Italian boat ride

Jessica Alves, 42, finds love with 'charming' German engineer after meeting on a plane as they enjoy romantic Italian boat ride

Jessica Alves has found love with a German engineer and have been going from strength to strength after the pair met on a plane in December. The Brazilian TV star, 42, was swept off her feet when the engineer sat next to her on the flight to join...

Germany and Italy Block EU Proposal to Restrict Israeli Access to Horizon Innovation Fund

40A European Commission proposal to partially suspend Israel’s participation in the Horizon Europe research and innovation programme has failed to achieve the required qualified majority among EU member states, following opposition or hesitation...

Euro area GDP rises 0.1 per cent, EU economy grows 0.2 per cent

Euro area GDP rises 0.1 per cent, EU economy grows 0.2 per cent

Seasonally adjusted gross domestic product (GDP) in the euro area increased by 0.1 per cent during the second quarter of 2025, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical...

Spain and UK Finance News Round-Up, July 31

Spain and UK Finance News Round-Up, July 31

Finance news. Credit: Pavel Danilyuk, Pexels Travel salaries dip UK business travel salaries dropped 4.2 per cent in H1 2025 to an average of £35,544 (€41,234), according to C&M Travel Recruitment. This follows sharp increases in 2023 and 2024....

August 2025 Businesses on the Move

August 2025 Businesses on the Move

Business development International Airport, offering nonstop seasonal service to Fort Myers Jan. 30 through April 13. Flights will depart twice weekly, with service increasing to four times per week starting in late March. N.E.W. Community Clinic...

Italian truck and armoured-car maker Iveco to break up

Italian truck and armoured-car maker Iveco to break up

Leonardo will pay €1.7bn including debt for the military vehicle business, according to a statement. The rest of Turin-based Iveco, which makes a range of commercial trucks and buses, is set to be acquired by Tata for about €3.8bn.

Mediterranean Momentum: Europe’s Emerging Data Center Markets

Mediterranean Momentum: Europe’s Emerging Data Center Markets

A new report reveals how Mediterranean cities are reshaping Europe’s data center landscape, with strategic subsea cable landings and renewable energy resources driving significant infrastructure investment across the region. The study from DCByte...

Barbie Fashion Designers Killed in Car Accident in Italy

Barbie Fashion Designers Killed in Car Accident in Italy

A memorial is planned for Friday for the fashion designer Mario Paglino and the graphic art director Gianni Grossi, who created Magia2000 and who have been killed in a car accident in Italy. The tribute will be held at the Basilica of San...

Economic Watch: Eurozone's economy grows slightly as U.S. tariffs bite

BRUSSELS, July 31 (Xinhua) -- The economic growth of the euro area nearly came to a halt in the second quarter this year as uncertainties triggered by U.S. tariffs took a toll. The Eurozone Q2 GDP increased by 0.1 percent quarter on quarter and...

Tata Motors to Acquire Italy’s Iveco in Rs38,240 Crore All-Cash Deal, Its Biggest Ever Since Jaguar Land Rover Takeover

Tata Motors to Acquire Italy’s Iveco in Rs38,240 Crore All-Cash Deal, Its Biggest Ever Since Jaguar Land Rover Takeover

In a landmark cross-border acquisition, Tata Motors Ltd (TML) has announced that it will acquire Italian commercial vehicle manufacturer Iveco Group NV in an all-cash transaction valued at 3.8bn (billion) euros or around Rs38,240 crore. This marks...

Anarchist News Review: Palestine Action court progress, the Online Safety Act and TAV protests in Italy

Anarchist News Review: Palestine Action court progress, the Online Safety Act and TAV protests in Italy

“They are destroying the planet for profit—We’re here to stop them” ~ Alisa-Ece Tohumcu ~ Two climate defenders have suspended themselves in a coal bucket on the Stockton Mine ropeway, effectively blocking coal from leaving Bathurst Resources’...

Mum slams 'chaos' as Italian seaside town 'shoulder to shoulder with tourists'

Mum slams 'chaos' as Italian seaside town 'shoulder to shoulder with tourists'

A tourist has described her holiday to an Italian seaside town as "complete chaos" claiming she was "shoulder to shoulder" with tourists. Regina Simmons, 38, had high hopes for Positano after falling in love with the “amazing views” and “calm,...

The Commodities Feed: Tariff Developments Roil Commodity Markets

Wednesday, July 30, 2025 11:30 PM EDT Image Source: Pixabay Oil prices strengthened further after President Trump threatened penalties on India for importing Russian energy. Meanwhile, Comex copper prices plunged after the US provided new details...

Rolls-Royce shares soar to new record high; anger over Shell $4.3bn profits – business live

Rolls-Royce shares soar to new record high; anger over Shell $4.3bn profits – business live

Key eventsShow key events onlyPlease turn on JavaScript to use this feature Rolls-Royce valuation soars to record £90bn as shares gain 10%Rolls-Royce’s share price has soared by 10.5% in early trading this morning, to a new record high – with the...

Tata Motors to acquire Italy’s Iveco for US$4.4b, aiming for global CV dominance

Tata Motors to acquire Italy’s Iveco for US$4.4b, aiming for global CV dominance

ROME, July 31 — Tata Motors of India will buy Italy’s Iveco Group for €3.8 billion (RM18.5 billion) in a bid to create a “global champion” in the commercial vehicles sector, the two companies said Wednesday. The deal excludes Iveco’s defence...

E-collecting brings new lease of life to Italian democracy 

E-collecting brings new lease of life to Italian democracy 

A dog waits patiently as its owner votes in a set of referendums on citizenship and job protections at a polling station in Milan, June 8, 2025. Lapresse Listen to the article Listening the article Toggle language selector Select your language...

US-China trade war could push ECB to continue easing

US-China trade war could push ECB to continue easing

The impact of U.S. tariffs on world trade flows will reverberate in numerous ways for years to come, but a potential re-routing of Chinese exports to Europe could slow inflation there and heap pressure on the ECB for further monetary easing. The...

Europe’s economic growth falters as German output falls

Europe’s economic growth falters as German output falls

FRANKFURT, Germany -- Europe's economy barely grew in the April-June quarter as frantic earlier efforts to ship goods ahead of new U.S. tariffs went into reverse and output fell for the continent's biggest economy, Germany. Gross domestic product...

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