CashNews.co MILAN (Reuters) -Italy’s data protection authority said on Tuesday Intesa Sanpaolo had underestimated the seriousness of a data breach incident involving thousands of customers, widely reported to include Prime Minister Giorgia Meloni. Last month, the authority asked the bank to provide clarification over the case involving an Intesa employee who allegedly accessed the data […]
Italy Faces Growth Hurdles: Central Bank Warns #ItalyFinance
CashNews.co Published : 21 seconds agoon 06/11/2024 ROME (Reuters) -The Italian government’s growth targets for 2024 and 2025 now look hard to achieve, the country’s central bank and budget watchdog UPB said on Tuesday. The Treasury set a growth target of 1% this year and 1.2% in 2025 in its multi-year budget plan unveiled in […]
Lufthansa, Italy talks stall over Ita airline purchase price #ItalyFinance
CashNews.co Negotiations between German carrier Lufthansa and the Italian government over the sale of state-owned Italian airline Ita have stalled on pricing issues, according to media reports on Tuesday. Just before the deal was agreed, the Italian government and the German airline disagreed over whether the price should be reduced, Corriere della Sera and Il […]
Finance MagnatesItaly’s Consob and Google Partners to Block Fraudulent Investment AdsConsob joined forces with Google to fight online financial fraud. The partnership aims to enhance investor protection by creating a digital….59 minutes ago #ItalyFinance
CashNews.co Finance MagnatesItaly’s Consob and Google Partners to Block Fraudulent Investment AdsConsob joined forces with Google to fight online financial fraud. The partnership aims to enhance investor protection by creating a digital….59 minutes ago Read More #cashnews #Italy #finance
Italy unlikely to reach its 2024-2025 GDP goals, Bank of Italy and budget watchdog say #ItalyFinance
CashNews.co ROME (Reuters) -The Italian government’s growth targets for 2024 and 2025 now look hard to achieve, the country’s central bank and budget watchdog UPB said on Tuesday. The Treasury set a growth target of 1% this year and 1.2% in 2025 in its multi-year budget plan unveiled in September. Italian gross domestic product stagnated […]
Italy readies market sale of Monte dei Paschi stake as longer-term plan elusive, sources say #ItalyFinance
CashNews.co MILAN (Reuters) – Italy is struggling to find a “strategic” buyer for its stake in lender Monte dei Paschi di Siena before a year-end deadline, leaving it with little alternative but to turn to the market and broaden a fragmented shareholder base, two sources close to the sale process said. Italy must cut its […]
Italy Manufacturing PMI Falls Markedly in October #ItalyFinance
CashNews.co Published : 16 hours agoon 04/11/2024 ROME (Reuters) – Italian manufacturing activity contracted for a seventh month running in October and at a faster pace than the month before, a survey showed on Monday, amid persisting declines in output and new orders. The HCOB Global Purchasing Managers’ Index (PMI) for manufacturing in the euro […]
Italy: “EU Listing Act” podcast #ItalyFinance
CashNews.co The first episode of the “EU Listing Act” podcast series is now available. This podcast explores a key topic for the EU financial sector: the “Listing Act”, a comprehensive legislative package adopted on October 8, 2024 to make capital markets more attractive for EU businesses and to facilitate access to capital for SMEs. In […]
Italy’s manufacturing downturn deepens in October, PMI shows #ItalyFinance
CashNews.co ROME (Reuters) – Italian manufacturing activity contracted for a seventh month running in October and at a faster pace than the month before, a survey showed on Monday, amid persisting declines in output and new orders. The HCOB Global Purchasing Managers’ Index (PMI) for manufacturing in the euro zone’s third-largest economy fell to 46.9 […]
BHSI appoints new key executives in Italy #ItalyFinance
CashNews.co Berkshire Hathaway Specialty Insurance (BHSI) has announced the appointment of two key executives in Italy. Vincenza Viele has been named head of claims while Alessandro Majerna will take on the role of head of professional indemnity (PI) and cyber for Executive & Professional Lines. Both are based out of Milan. Majerna has over 15 […]