Bank of England’s Bailey forgoes pay rise again

LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Thursday he would forgo a pay rise for a third year in a row after he urged people in Britain to show wage restraint in the face of fast-rising inflation. Bailey said he had turned down …

Italy’s Fincantieri sales rise 18% in Q1

MILAN (Reuters) – Italy’s Fincantieri said its sales rose 18% in the first-quarter to 1.7 billion euros ($1.76 billion) driven by a strong performance of its core shipbuilding business. Earnings before interests, taxes, depreciation and amortization (E…