Financial Insights That Matter By Emilio Parodi MILAN (Reuters) -Tax police have seized 33 million euros ($36 million) from the Italian unit of Swiss logistics group Kuehne+Nagel International (KNIN.SW) and supermarket chain Iperal Supermercati in an investigation into alleged tax fraud, prosecutors’ documents show. Milan prosecutors accused both companies in two separate 60-page decrees, reviewed […]
Financial Insights That Matter By Antonella Cinelli and Angelo Amante ROME (Reuters) -Italy’s Prime Minister Giorgia Meloni and its top business lobby warned on Wednesday that looming U.S. tariffs would have a major impact on the country’s exports and already struggling economy. U.S. President Donald Trump is expected to announce sweeping new tariffs on global […]
Financial Insights That Matter Despite being a nation of savers, Italians remain largely absent from the financial markets. The average Italian investor would prefer a low-risk, low-return investment with a short- to medium-term holding period. This is mainly due to liquidity needs related to unexpected expenses, lifestyle choices, and family support rather than long-term retirement […]
Financial Insights That Matter MILAN (Reuters) – Tesla’s new car registrations in Italy rebounded sharply in March after a plunge the previous month to stand down 7% year-on-year in the quarter as a whole, data from the Transport Ministry showed on Tuesday. The quarterly number adds to signs that drivers are shunning Elon Musk’s electric […]
Financial Insights That Matter European PE firm Perwyn has appointed Yann Chareton as partner. He will be based in the Milan office, further strengthening its presence in Italy. Chareton has over 17 years of PE investment experience in the Italian market, having established and developed Ardian’s Italian office. His expertise in partnering and investing with […]
Financial Insights That Matter ROME (Reuters) – Italy’s unemployment rate fell to 5.9% in February from 6.2% the month before, hitting its lowest level since April 2007 in a boost for Prime Minister Giorgia Meloni, data showed on Tuesday. National statistics bureau ISTAT reported that a net 47,000 jobs were created during the month. A […]
Financial Insights That Matter By Giuseppe Fonte and Elvira Pollina ROME (Reuters) – Italy is considering raising the ownership thresholds that trigger mandatory takeover bids in public companies, three sources familiar with the matter told Reuters, as part of plans to spur the country’s underdeveloped capital market. Since she took office in late 2022, Prime […]
Financial Insights That Matter AstuteAnalytica India Pvt. Ltd. Italy’s gambling market thrives on centuries-old cultural acceptance, driving cross-generational participation and tourism-led revenue. Digital transformation via mobile platforms and VR immersive experiences fuels growth amid rising competition and regulatory scrutiny. Chicago, March 31, 2025 (GLOBE NEWSWIRE) — As per the newest research from Astute Analytica, the […]
Financial Insights That Matter Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Italian lender Mediobanca has reported two of its top shareholders to the European Central Bank over concerns that they are poised to gain control of three of the country’s top financial […]
Financial Insights That Matter ROME (Reuters) – The Bank of Italy will pay around 644 million euros ($697.65 million) into state coffers despite posting a 2024 gross loss of 7.3 billion euros due to the European Central Bank’s restrictive monetary policy, governor Fabio Panetta said on Monday. The Bank of Italy’s financial results announced by […]