CashNews.co What’s going on here? Numia has emerged as Italy’s second-largest e-payments player after a strategic alliance between Banco BPM, Gruppo BCC Iccrea, and private equity fund FSI navigated legal and regulatory approvals. What does this mean? Banco BPM, Gruppo BCC Iccrea, and FSI combined their efforts to launch Numia, aiming to challenge Nexi’s dominance […]
CashNews.co Italian renewable energy developer Ortus Power Resources Italy (OPRI), a joint venture between Ortus Climate Mitigation LLC and Omnes Capital’s Capenergie 4 fund, announced the financial close of up to €100 million bond issuance with I Squared Credit. The proceeds of the issuance will finance the construction of up to approximately 740 MW of […]
CashNews.co ROME (Reuters) – Italian Prime Minister Giorgia Meloni met the head of the U.S. fund BlackRock Inc, Larry Fink, in Rome on Monday to discuss possible investments in data centres and supporting energy infrastructure, her office said. The Rome government and the world’s largest asset manager agreed to set up a working group to […]
CashNews.co What’s going on here? Italy’s public debt is projected to decrease from 2027 onwards, according to the Treasury’s multi-year fiscal plan. Meanwhile, the Bank of Italy has maintained the countercyclical capital buffer (CCyB) for lenders at zero, reflecting current macro-financial conditions. What does this mean? Italy’s fiscal plan aims to reverse the upward trend […]
CashNews.co We recently published a list of 10 Best Italian Stocks To Buy Now. In this article, we are going to take a look at where UniCredit S.p.A. (OTC:UNCFF) stands against the other best Italian stocks to buy now. Italy’s economy has shown remarkable resilience in the face of recent crises, but its growth is […]
CashNews.co 1 / 2 Show Caption + Hide Caption – Remo Romiti is a material handler and forklift operator at Army Field Support Battalion-Africa, 405th Army Field Support Brigade. The 63-year-old Italian local national employee said he enjoys working at Leghorn Army Depot, Italy, with AFSBn-Africa because every day there’s something new and he’s always […]
CashNews.co What’s going on here? UniCredit might move its main offices to Germany amid merger talks with Commerzbank, prompting Italy to consider using ‘golden power’ rules to step in. What does this mean? Italy is concerned that UniCredit, one of its leading banks, could shift its headquarters to Germany as part of a potential merger […]
CashNews.co By Giuseppe Fonte ROME (Reuters) – Italy fears that UniCredit may shift its central offices to Germany as part of any deal with Commerzbank, government officials said, adding Rome expects to have a say in the matter based on its ‘golden power’ rules. Milan-based UniCredit has sought to dispel concerns saying that there is […]
CashNews.co LIVORNO, Italy – He started working for the Army in Livorno in 1980, but after 10 years in ammunition surveillance as a material handler he decided to leave and take a corporate job in business finance and insurance. Practically tied to a desk for 25 years, Remo Romiti longed to return to the […]
CashNews.co What’s going on here? Italy is setting its sights on modest economic growth of 1% this year, expanding to 1.2% by 2025, while adjusting its deficit targets downward. What does this mean? Italy’s new growth targets reflect a cautious optimism amid economic challenges. The revised deficit goals signal a conservative fiscal approach to stabilize […]