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SAP revises core business planning software pricing

LONDON / Reuters SAP is revising how it prices its core business planning software after a legal crackdown against high-profile customers Diageo and AB InBev caused a backlash with its wider customer base, who feared they might be hit by hidden, indirect charges. The German company said on Tuesday it will offer a new model for sales, licence audits and ...

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Italian industrial output falls in sign of cooling growth

Bloomberg Italian industrial output unexpectedly declined in February, adding to signs that the euro region’s upswing may have passed its peak. Production decreased 0.5 percent from January, when it fell a revised 1.8 percent, national statistics office said in Rome on Tuesday. Economists had predicted it would expand 0.8 percent in February, according to the median of 24 forecasts in ...

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Telecom Italia to take legal action to stop Elliott

Bloomberg Telecom Italia SpA’s board said it will take every legal action necessary to block activist investor Elliott Management Corp. from pushing ahead with its own slate of directors at the company’s next shareholder meeting. Elliott, Telecom Italia’s second-biggest shareholder after Vivendi SA, wants to replace six Vivendi-backed directors at Italy’s former phone monopoly with its own candidates at the ...

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