Financial Insights That Matter Trade wars benefit no one, said Italian Deputy Prime Minister and Foreign Minister Antonio Tajani who landed in Delhi on Friday for a bilateral visit, stressing the hope that after pausing reciprocal tariffs for 90 days, the US can engage with the European Union for an agreement, and that India and […]
Financial Insights That Matter Lawrence Summers, conducts an interview during a break at the G20 finance ministers and central bankers meeting in Venice on July 9, 2021. ANDREAS SOLARO/Getty Images CAMBRIDGE, Mass. — Former Harvard University President Lawrence H. Summers delivered a scathing critique of his alma mater’s leadership during a virtual fireside chat hosted […]
Financial Insights That Matter By girling source ROME (Reuters) -Chipmaker STMicroelectronics moved on Thursday to reassure Italy of its commitment to the country as the Rome government puts pressure on the company’s chief executive to quit. STMicro, in which the Italian and French governments own a combined 27.5% share through a holding company, employs 50,000 […]
Financial Insights That Matter Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Italy’s state railway company plans to invest €1bn to launch a high-speed London to Paris rail service through the channel tunnel by 2029, becoming the latest company aiming to end the […]
Financial Insights That Matter Furniture exhibitors in Milan are concerned about the impact of US tariffs (Piero CRUCIATTI) Even the most sumptuous cushions cannot ease the pain that Italian luxury furniture makers — gathered at their annual fair — can already feel from US President Donald Trump’s tariffs. Some companies at the Milan Furniture Fair, […]
Financial Insights That Matter Despite often being portrayed in Hollywood movies as risk-takers who live on the edge, in the financial markets, the average Italian investor would likely give up investing altogether rather than build a portfolio riskier than a default-free bond. For years, Italy has been known for its cautious approach to investing, with […]
Financial Insights That Matter President Trump stated that the administration is fielding calls with some countries — starting with South Korea. “I just had a great call with the Acting President of South Korea,” Trump posted on social media. “We talked about their tremendous and unsustainable Surplus, Tariffs, Shipbuilding, large scale purchase of U.S. LNG, […]
Financial Insights That Matter Italian state railway group Ferrovie dello Stato (FS) on Tuesday revealed plans to launch a high-speed rail service between Paris and London through the Channel Tunnel. The service, set to be launched by 2029, will challenge Eurostar’s long-running monopoly on the route between the UK capital and mainland Europe. FS said […]
Financial Insights That Matter MILAN (Reuters) – Stellantis’ Italian auto production dropped further in the first quarter after output in the country fell to an almost 70-year low in 2024, the FIM Cisl union said on Tuesday, as new models will not support activity before next year. Vehicle production in the January-March period, comprising passenger […]
Financial Insights That Matter By Alberto Chiumento and Laura Contemori (Reuters) – Snam will consider increasing its newly acquired stake in Germany’s largest independent gas transmission operator Open Grid Europe (OGE), the head of finance of the Italian gas grid operator, Luca Passa, said on Tuesday. WHY IT MATTERS Snam bought a 24.99% stake on […]