CashNews.co Published : 1 hour agoon 22/11/2024 MILAN (Reuters) – Italy’s high borrowing costs and weakening economic growth could reduce the profitability of its companies in the near future, especially those with a high debt load, the Bank of Italy said on Friday. Rome has been struggling with modest growth this year which, combined with […]
CashNews.co (Bloomberg) — Alternative asset manager Ares Management Corp. is considering setting up shop in Milan to target lending opportunities to businesses that currently lack access to private credit. The firm is actively considering the move but hasn’t decided yet whether to actually set up a team of professionals in the Italian financial capital, a […]
CashNews.co By Emilio Parodi and Claudia Cristoferi MILAN (Reuters) – The Italian parliament on Thursday approved a bill to change town planning laws to resolve a construction stalemate in Italy’s financial capital Milan caused by dozens of investigations by prosecutors. The bill, dubbed “Save Milan”, was submitted by the ruling centre-right majority with the endorsement […]
CashNews.co Stellantis will temporarily stop production at two of its plants in southern Italy, amid the Italian government’s request for new investments, reported Reuters. The Termoli engine plant will pause from 16 to 22 December, while the Cassino auto factory will halt on 29 November, with workers being furloughed during these periods, the company said […]
CashNews.co MSC Mediterranean Shipping Co and two Italian ropax companies are facing a competition probe over island routes. Italian antitrust regulator AGCM said that restrictions of competition may have occurred following the acquisition of 49% of shipowner Moby’s share capital by MSC’s Shipping Agencies Services in 2022. The other owner involved in the probe is […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Italy will require people riding electric scooters to wear helmets and carry insurance to clamp down on what the Italian government describes as “reckless behaviour” that has turned streets into a “jungle”. The Italian […]
CashNews.co ROME (Reuters) – Stellantis on Wednesday announced new temporary stoppages at two of its plants in southern Italy, while the Rome government called on the automaker to commit to new investments in the country. In two separate statements, the company said it informed unions about a pause in production at the Termoli engine plant […]
CashNews.co Italian Climate Fund: how Italy is really contributing Materia Rinnovabile | Renewable Matter Italian Climate Fund: how Italy is really contributing While Italy has taken on a leadership role and benefits from the expertise of many highly competent professionals, not everything adds up when it comes to the Italian Climate Fund […]
CashNews.co The United Nations Development Programme (UNDP) will serve as the support agency for the newly launched G7 Adaptation Accelerator Hubannounced today at COP 29 in Baku. UNDP’s involvement will be pivotal in providing comprehensive technical and implementation support to operationalize the Hub and assist developing countries in scaling up their adaptation efforts. The G7 […]
CashNews.co FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution […]