CashNews.co Published : 1 hour agoon 06/12/2024 ROME (Reuters) – Amazon said on Thursday it had successfully completed an initial test of using delivery drones in Italy, the first European country where the e-commerce giant plans to introduce the service. The test was carried out on Wednesday in San Salvo, a town in the central […]
Italy and AfDB Sign €400m Climate Finance Deal #ItalyFinance
CashNews.co Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion […]
Italy’s Economy Slowed in 2024, Finance Ministry Official Confirms #ItalyFinance
CashNews.co Italy’s economy probably grew much less than forecast this year, according to a Finance Ministry official. The official confirmed that forecasts by the country’s Istat statistics agency predicting expansion of just 0.5% in 2024 are “not a surprise.” The government’s projection is currently 1%. Istat also slashed next year’s growth target to 0.8% from […]
Italy’s ‘golden powers’ have limited sway over UniCredit’s BPM bid, sources say #ItalyFinance
CashNews.co Item 1 of 2 UniCredit bank logo is pictured in Rome, Italy, November 25, 2024. REUTERS/Yara Nardi/File Photo [1/2]UniCredit bank logo is pictured in Rome, Italy, November 25, 2024. REUTERS/Yara Nardi/File Photo Purchase Licensing Rightsopens new tab Some ministers have called for use of ‘golden powers’ Golden powers allow only limited curbs on deal, […]
Italy’s Banks Are Headed for a Showdown With a Blockbuster Cast – BNN Bloomberg #ItalyFinance
CashNews.co (Bloomberg) — Italy has emerged as a hotbed of European bank consolidation as multiple deals are set to transform the country’s finance industry, with knock-on effects across Germany, France and beyond. UniCredit SpA’s surprise bid for Banco BPM SpA came just weeks after the smaller rival embarked on a takeover attempt of its own, […]
Italy’s gambling taxes bring in €2.22 billion in Q3 #ItalyFinance
CashNews.co Italy’s gambling taxes bring in €2.22 billion in Q3 – Gaming Intelligence Share Close Read More #cashnews #Italy #finance
Italy’s tax system is so out of whack that the wealthiest 7% benefit from lesser tax compared with its lowest earners #ItalyFinance
CashNews.co Italy’s “regressive” tax system, made up of starkly inconsistent tax rates, has exacerbated inequalities between the country’s richest and poorest. The European country has made few changes to its taxation policy over the years. That’s meant a lower return on investment for lower- to middle-income Italians than their high-income counterparts, a new study published […]
Italy’s deputy prime minister blames billionaire heir for Vauxhall-owner crisis #ItalyFinance
CashNews.co Italy’s deputy prime minister has hit out at Vauxhall parent Stellantis, saying its problems are as much the fault of billionaire investors the Agnelli family as its ousted boss Carlos Tavares. Matteo Salvini, who also serves as transport minister in Italy’s coalition government, said the issues at Stellantis are “more about its ownership” than […]
Italy to Require Companies Buy Insurance for Climate Risks #ItalyFinance
CashNews.co Breadcrumb Trail Links PMN Business As the fastest-warming continent, Europe’s climate losses have increased by 2.9% a year from 2009 to 2023. Author of the article: Bloomberg News Gautam Naik Published Dec 03, 2024 • 4 minute read You can save this article by registering for free here. Or sign-in if you have an account. […]
Italy’s small defense firms ride high amid military spending boon #ItalyFinance
CashNews.co ROME — Italy’s small, family-owned defense companies are more profitable and are growing faster than the country’s massive state-run firms or the foreign players in the Italian market, a new report has revealed. Family-run firms have long been the backbone of Italian capitalism, pushing the country to become the eighth biggest manufacturing power in […]