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After Wild West start, scooter providers chase scale to survive

By Nick Carey and Carolyn Cohn LONDON, Oct 14 (Reuters) - The era of breakneck growth for electric scooter firms is giving way to more selective expansion focused on profits as they face tougher regulations, more demanding customers and wary insurers. Hurt badly by global coronavirus lockdowns last year, companies offering by-the-minute rental of e
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Mediobanca, top investor Del Vecchio reach truce on bylaws changes

By Gianluca Semeraro and Valentina Za MILAN, Oct 8 (Reuters) - Mediobanca MDBI.MI on Friday endorsed a request by its top shareholder Leonardo Del Vecchio to ditch a rule reserving up to three board seats to managers of the Italian merchant bank. Welcoming the decision "with deep satisfaction," Del Vecchio in turn withdrew a second proposal to amen
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Mediolanum not necessarily looking at selling stake in Mediobanca - CEO quoted

MILAN, Oct 6 (Reuters) - A power struggle at Italy's Mediobanca does not necessarily mean that Banca Mediolanum BMED.MI would sell its 3.3% stake in the merchant bank, Mediolanum's chief executive was quoted as saying. Billionaires Leonardo Del Vecchio and Francesco Gaetano Caltagirone have built up stakes in Mediobanca and have been at odds with M
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Berenberg sees $2-3 bln reinsurance losses from European floods, overall losses higher

By Carolyn Cohn and Tom Sims LONDON/FRANKFURT, July 19 (Reuters) - Reinsurance losses from the recent European floods are likely to total $2-3 billion, Berenberg analysts said on Monday, but the bank and industry experts said overall losses could be much higher. Flooding has devastated parts of Western Europe since last Wednesday, with the German s
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Berenberg sees $2-3 bln reinsurance losses from European floods

LONDON, July 19 (Reuters) - Reinsurance losses from the recent European floods are likely to total $2-3 billion, Berenberg analysts said on Monday. Flooding has devastated parts of Western Europe since last Wednesday, with the German states of Rhineland Palatinate and North Rhine-Westphalia, as well as parts of Belgium, among the worst hit. "The Eu
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