The Fiom-Cgil union said on May 7 that Stellantis would also cut up to 500 jobs through voluntary exits at its Melfi assembly plant in southern Italy, which employs around 5,000 people.

FRANKFURT—The European Central ... isn’t expected to follow suit for months. The ECB said it would reduce its key interest rate to 3.75% from 4%, its first rate cut in almost five years.

This was CNBC's live coverage of the latest European Central Bank monetary policy meeting. The European Central Bank on Thursday confirmed a widely anticipated reduction in interest rates at its ...

The European Central Bank is expected to trim borrowing ... Markets imply the ECB will cut its main deposit rate by 25 basis points to 3.50%, following up a similar sized reduction in June ...

FRANKFURT, Germany (AP) — The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught.

The EU has become the second major global economy to cut its lending rate this week, saying it had made progress in tackling inflation. The European Central Bank (ECB) announced a cut in its main ...

Source: European Central Bank By The New York Times By Eshe Nelson The European Central Bank cut interest rates on Thursday for the third time in about four months, as inflation in the eurozone ...

The European Central Bank is widely expected to deliver a 25-basis-point rate cut on Thursday, rather than a "jumbo" 50-basis-point move previously thought to be on the table. Economists ...

By Eshe Nelson The European Central Bank cut interest rates on Thursday as policymakers grappled with heightened economic uncertainty, particularly from President Trump’s chaotic trade policies ...

Despite sticky price pressures in the eurozone, the European Central Bank (ECB) delivered a widely expected interest rate cut in its June meeting, helping drive regional equities to record highs.

European Central Bank Expected to Cut Rates Again Amid Worries About Trump's Tariffs FRANKFURT, Germany (AP) — Worries about economic growth fueled by U.S. President Donald Trump's tariff ...