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Pirelli shares jump after reported buyout of tire maker

Pirelli shares jump after reported buyout of tire maker

Following a report coming from an Italian newspaper that new investors have come up with a takeover bid, the shares of Italian tire maker Pirelli & C. SpA soared to a 12-year high in Milan trading. The “Corriere della Sera” daily reported Pirelli might undergo a reorganization strategy that would […]

Akio Toyoda Plans to Reshuffle Toyota’s Top Executives

Akio Toyoda Plans to Reshuffle Toyota’s Top Executives

This week Toyota will reshuffle its top executives, according to anonymous sources. Akio Toyoda, who became president of the company in 2009, has reduced the number of board directors and offered more power to executives in key markets, part of his effort to refocus the automaker on manufacturing and quality […]

F1: Teams must agree to Bahrain calendar reshuffle

F1: Teams must agree to Bahrain calendar reshuffle

(Inautonews.com/GMM) The FIA will have broken its own rules if the Bahrain grand prix goes ahead in October without the teams’ consent. That is the claim of the governing body’s former president Max Mosley, as the intrigue surrounding the rescheduled race in the troubled island Kingdom deepens this week. Last […]