Financial Insights That Matter What’s going on here? Italy’s navigating a complex economic landscape, with new public finance data and strategic nuclear tech partnerships, as companies like Salvatore Ferragamo and Pirelli experience varied fortunes. What does this mean? The Bank of Italy’s March figures on public finances, borrowing, and debt will shed light on the […]
Financial Insights That Matter In the wake of the United Kingdom’s tax overhaul, Italy has come out on top. The Mediterranean nation has seen an influx of ultra-wealthy foreigners entering its borders over the past six weeks, ever since the U.K officially ended its tax breaks for “non-doms,” a.k.a., the country’s foreign residents, last month. […]
Financial Insights That Matter Ammon News – The Cabinet, in its session held Wednesday, headed by Prime Minister Dr. Jafar Hassan, decided to approve an agreement with Italy, and a financial agreement with the Italian Development Bank, to contribute to financing the national carrier project through a soft loan worth 50 million euros, and a […]
Financial Insights That Matter A second undersea power cable connecting Greece and Italy via the Adriatic Sea was one of the more prominent highlights of Monday’s second high council of cooperation, which was headed by Italian PM Giorgia Meloni and her visiting Greek counterpart, Kyriakos Mitsotakis. A MoU signed in Rome is valued at 1.9 […]
Financial Insights That Matter BRUSSELS — Russia’s economy is under growing strain as its invasion of Ukraine drags on and Western sanctions are undermining President Vladimir Putin’s ability to sustain his war, a leading European economist said after briefing finance ministers on Tuesday. The economist, Torbjörn Becker, Director of the Stockholm Institute of Transition Economics, […]
Financial Insights That Matter By Elvira Pollina MILAN (Reuters) – Italy’s Satispay said on Monday it would start offering its 5.5 million users a way to earn a return on their cash, in a move that heightens the mobile payment firm’s competition with high street banks. Founded in 2013, Satispay provides a mobile app for […]
Financial Insights That Matter Homepage > News > Finance > Trump’s ‘crypto’ could risk global finance: Bank of Italy Italy’s top bank has warned that the increasing intertwining of ‘crypto’ and the financial industry poses a risk to the global economy. In its “Financial Stability Report,” Banca d’Italia noted that there has been a sharp […]
Financial Insights That Matter By valentina za MILAN (Reuters) – Italy’s second-biggest bank UniCredit lifted its 2025 outlook on Monday after posting a surprise increase in quarterly profit but remained resolute that it would not do deals at any cost. CEO Andrea Orcel has placed UniCredit at the heart of the consolidation wave sweeping Italian […]
Financial Insights That Matter By valentina za MILAN (Reuters) – Italy’s second-biggest bank UniCredit lifted its 2025 outlook on Monday after posting a surprise increase in quarterly profit but remained resolute that it would not do deals at any cost. CEO Andrea Orcel has placed UniCredit at the heart of the consolidation wave sweeping Italian […]
Financial Insights That Matter Stellantis is reportedly planning to implement up to 200 voluntary redundancies at its Termoli plant in central Italy. This decision, agreed upon with trade unions, is part of Stellantis’ broader strategy to rejuvenate its workforce in Italy, reported Reuters. The initiative follows similar announcements for other Italian plants, aiming to reduce […]