U.S. appeals court stays order requiring GM, FCA meet to resolve GM lawsuit

A U.S. appeals court on Monday stayed a lower court’s order requiring officials from General Motors Co (GM.N) and Fiat Chrysler Automobiles (FCHA.MI)(FCAU.N) to resolve GM’s racketeering lawsuit. “In order to provide sufficient time to consider the matters raised in GM’s petition, and having considered the relevant factors, we conclude that a temporary stay is […]

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Italy picks former Poste Italiane CEO to head re-nationalised Alitalia

The Italian government has picked former Poste Italiane (PST.MI) CEO Francesco Caio as Chairman of Alitalia, Prime Minister Giuseppe Conte said, as the carrier prepares to return under state control after 11 years of private management. Fabio Lazzerini, who is currently serving as the carrier’s Chief Business Officer, will be appointed Chief Executive, Conte said […]

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