Economy · Pollar

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Tesla unveils Roadster that lifts off the ground in a demo, production planned for 2028

Tesla presented the Roadster at SpaceX's test site in McGregor, Texas, on Thursday, 15 October, with a demonstration of short airborne manoeuvres. Reservations are open for two road-going versions, while the single-seat Rocket is invitation-only.

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Business·from Oct 15·upd. 15h ago

France and Germany agree to ease 2035 car CO2 target and tighten 'Made in Europe' rules

The joint declaration, issued on Friday, 16 October, would require carmakers to cut CO2 by 90% by 2035 with no offsets for the remaining 10%. Germany also accepts stricter 'Made in Europe' criteria for companies receiving public funds.

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Business·4h ago

Panzani and Cerealis enter exclusive talks to form €1.8 billion European food group

Portuguese pasta maker Cerealis and Panzani, owned by CVC Capital Partners, have entered exclusive negotiations to create a group with about 1,800 staff and roughly €1 billion in annual revenue.

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Business·from Oct 15·upd. 9h ago

Porsche unveils Mission S concept, a mid-engined supercar to sit above the 911

Porsche presented the Mission S concept in New York on 15 October as a preview of a mid-engined supercar that will sit above the 911. Powertrain, price and production timing have not been officially announced.

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Energy & Trade·from Oct 15·upd. 10h ago

Truckers' fuel price protests block roads in southern Italy, Rome meeting set for 27 October

Truckers, farmers and sailors protested fuel prices across southern Italy on 16 October, closing motorway exits in Salerno and leaving parts of Calabria short of petrol. The Ministry of Infrastructure and Transport has called a meeting with haulage representatives for 27 October.

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Energy & Trade·9h ago

Italy and EU agree on energy bills decree as Meloni seeks greater flexibility

Palazzo Chigi says the deal covers the rise in gas costs but not ETS costs. Meloni, speaking in Brussels after the European Council, said she was optimistic that Italy would get the greater flexibility it has requested.

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Business·from Oct 14·upd. 17h ago

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Netflix replaces chief content officer Bela Bajaria with ex-Disney executive Peter Rice

Netflix names Peter Rice, a former Disney and Fox executive, to succeed Bela Bajaria. The move follows layoffs of about 1,000 staff announced on Wednesday, 14 October.

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Business·11h ago

Eurowings examines short-time work and cuts flights as kerosene costs surge

The Lufthansa subsidiary is talking to the Federal Employment Agency about short-time work for winter. It has already dropped its first Dubai flights from Cologne and Stuttgart as kerosene costs run almost 250 million euros over budget this year.

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Macro·9h ago

Bank of Italy raises 2026 growth forecast to 1%, warns of 2027-28 contraction in adverse case

The Bank of Italy now expects GDP to grow 1% in 2026, up from its June forecast, but says output could turn negative in 2027 and 2028 if commodity prices spike sharply.

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Business·6h ago

France and Germany ease 2035 EU car CO2 target and widen Made in Europe rules

The compromise would cut new-car CO2 by 90% from 2035 instead of 100%, and could let Britain count as Made in Europe under a separate deal. The draft still has to win backing across the EU.

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Business·11h ago

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MSCI proposes stand-alone downgrade for Indonesia as Jakarta index plunges 11%

MSCI has launched a consultation on moving Indonesia to stand-alone status, which would remove it from all of its indexes. Jakarta's IDX Composite fell about 11% on Friday, 16 October, its sharpest one-day drop since January 1998.

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Business·from Oct 13·upd. 11h ago

Ex Ilva strike ends in Taranto as unions lift road blocks before Rome talks

Unions lifted the blockades at the Eni refinery and on the SS7 before the strike ends at 23:00, while fuel shortages hit Puglia and the Rome talks loom for 27 October.

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