Category: Italy Finance

CashNews.co Finance Colombia » Italian Fugitive Linked to Drug Trafficking Captured in Medellín Finance Colombia !function(e,n,t){var o,c=e.getElementsByTagName(n)[0];e.getElementById Read More #cashnews #Italy #finance

CashNews.co By Giuseppe Fonte and Giulio Piovaccari ROME (Reuters) -Italian Prime Minister Giorgia Meloni plans to cut by some 4.6 billion euros ($5 billion) the funds set aside to support the country’s automotive industry between 2025 and 2030, the text of next year’s budget showed, triggering widespread criticism. The move comes amid a global slowdown […]

CashNews.co By Sara Rossi MILAN (Reuters) – Ratings agency DBRS on Friday revised its trend on Italy to ‘positive’ from ‘stable’, saying it expected an improvement in the country’s fiscal path, in a boost to Prime Minister Giorgia Meloni’s government. The upgrade to the outlook follows a similar one by Fitch last week and shortly […]

CashNews.co By Francesca Landini MILAN (Reuters) – Italian energy group Eni expects 2.5 billion euros ($2.7 billion) in net proceeds from additional disposals that will be completed next year, Chief Transition & Financial Officer Francesco Gattei said on Friday. The group announced on Thursday that U.S. investment group KKR would buy 25% of its biofuel […]

CashNews.co By Gavin Jones ROME (Reuters) – Italian business and consumer confidence both dropped unexpectedly in October, data showed on Friday, with a multi-year low in sentiment among companies casting a shadow over growth prospects for the euro zone’s third-largest economy. National statistics institute ISTAT’s composite business morale index, combining surveys of the manufacturing, retail, […]

CashNews.co The startups get 1-to-1 pitching sessions with investors, amongst others. Singapore and Italy have kicked off the Global Startup Program Demo Day at the Marina Bay Cruise Centre. The Italian Trade Agency (ITA) organized the event in collaboration with Singaporean pre-seed investor Tenity Singapore. This is the third time that Singapore is participating in […]

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An Italian tomato sauce magnate has urged Brussels to protect farmers from the “unfair” competition posed by cheap paste made in China’s Xinjiang region and restore the “dignity” of Italy’s staple red fruit. Francesco […]

CashNews.co Italian insurance and finance group SACE announced on October 24 that it had signed an MoU with the State Capital Investment Corporation (SCIC). SACE and SCIC have signed an MoU to strengthen cooperation between Italy and Vietnam. Source: SACE The signing took place during a Vietnamese delegation’s visit to Italy led by Nguyen Canh […]

CashNews.co MILAN (Reuters) – Italian energy contractor Saipem on Wednesday raised its full-year guidance and confirmed its plan to resume dividend payments next year, after beating expectations for third-quarter results. The group reported adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 340 million euros ($366 million) between July and September, above an analyst […]

CashNews.co Prime Minister Giorgia Meloni is set to get a boost to her national budget thanks to the country’s financial sector. Italy’s tax inflows will be uplifted by €4 billion ($4.3 billion) in the next two years mostly through the postponement of tax deductions on banks, according to a government budget document obtained by Bloomberg. […]