(Il Sole 24 Ore Radiocor) - London, 26 Jun - In European stock market dealings, German car maker Volkswagen dropped 1.64% at 104.80 euros after it announced plans to invest around 5 billion dollars in US EV maker Rivian Automotive in a joint venture which will give it access to the start-up's technology.

Shares of Saipem jumped 2.37% at 2.29 euros in Milan trade, leading the gains on the MTSE MIB index, after analysts at the broker Jefferies confirmed a "buy" recommendation as they highlighted expectations the Italian energy and infrastructure engineering and construction company would report a record order portfolio when it releases second quarter results on July 24.

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(RADIOCOR) 26-06-24 18:31:00 (0606) 5 NNNN