Commerzbank AG forecast a profit of more than 1 billion euros ($1.1 billion) this year and said it plans to start returning some of that to investors again through dividends, as Chief Executive Officer Manfred Knof’s turnaround gathers momentum.
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Italy may earmark funding of as much as 1 billion euros ($1.1 billion) per year to help support its stricken auto industry, Economic Development Minister Giancarlo Giorgetti said on Thursday.
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When selling your car or buying one that’s pre-owned, it’s not necessarily bad to have a lot of miles on the odometer.