Andrea Ragnetti

EasyJet Ends Alitalia’s Monopoly Over Rome-Milan Route

Alitalia SpA’s monopoly over flights linking Rome Fiumicino and Milan Linate airports ends today as discount operator EasyJet Plc commences services between Italy’s capital city and its biggest financial center.

Alitalia Targeting Break-Even This Year as Search for CEO Begins

Alitalia SpA, whose Chief Executive Officer Andrea Ragnetti resigned last month after the full-year loss widened, said it plans to break even in 2013.

Alitalia CEO Departs on Widening Loss at Italian Flag Carrier

Alitalia SpA said Chief Executive Officer Andrea Ragnetti has resigned one year into his post, as the Italian flag carrier reported its loss quadrupled last year.

Philips Names Pieter Nota as Consumer Lifestyle Chief to Replace Ragnetti

Royal Philips Electronics NV , Europe’s biggest consumer-electronics maker, named Pieter Nota as head of its consumer-lifestyle unit as of Sept. 1.

Philips Posts Profit on Job Cuts, Emerging Markets

Royal Philips Electronics NV, the world’s biggest lighting company, posted a first-quarter profit that beat analysts’ estimates, helped by job cuts and growing demand in emerging markets.

Philips Moves Domestic Appliances Headquarters to Shanghai in China Push

Royal Philips Electronics NV , Europe’s biggest maker of consumer electronics, will move the headquarters of its domestic appliances business to Shanghai early next year to spur revenue growth in China and the region.

Philips’ Rusckowski Resigns, DiSanzo New Healthcare CEO

Royal Philips Electronics NV, the world’s biggest lightbulb maker, said the chief of its health care unit resigned, the latest departure in a management reshuffle led by Chief Executive Officer Frans van Houten.

Philips Will Stop Selling Sexual Massage Products

Royal Philips Electronics NV , Europe’s largest maker of consumer electronics, will stop selling sexual massage products because of a lack of demand.

Italy