CashNews.co Italy’s antitrust watchdog is investigating the online fast fashion giant Shein for potentially making misleading claims about its sustainability practices. The country’s independent competition authority said in a statement that the greenwashing probe would focus on Infinite Styles Serves Co. Limited, a Dublin-based company that does business as Shein and operates the online retailer’s […]
CashNews.co By Giuseppe Fonte and Marta Di Donfrancesco ROME (Reuters) – Italy’s public debt will only start decreasing as a proportion of economic output from 2027 despite expected falls in the deficit, the Treasury said on Friday, outlining Rome’s multi-year budget plan. Italy’s debt, already the second largest in the euro zone as a share […]
CashNews.co By John O’Donnell BERLIN (Reuters) -Germany’s finance minister has conveyed to Italy’s Treasury his concerns about any takeover of Commerzbank by Italian lender UniCredit, two people familiar with the matter said, as Berlin looks to halt a hostile deal. Christian Lindner outlined his position to the Treasury – Italy’s economy and finance ministry, led […]
CashNews.co (Bloomberg) — Premier Giorgia Meloni’s government plans to get Italy’s deficit down to 2.8% within two years, according to a new fiscal plan which also pencils in a potential pre-election spending boost. With the country now in a special European Union monitoring regime to ensure its debt becomes more sustainable, numbers released by the […]
CashNews.co By John O’Donnell BERLIN (Reuters) -Germany’s finance minister has conveyed to Italy’s Treasury his concerns about any takeover of Commerzbank (ETR:) by Italian lender UniCredit, two people familiar with the matter said, as Berlin looks to halt a hostile deal. Christian Lindner outlined his position to the Treasury – Italy’s economy and finance ministry, […]
CashNews.co reuters_tickers This content was published on September 27, 2024 – 12:24 By John O’Donnell BERLIN (Reuters) – Germany’s finance minister has underscored to Italy’s Treasury his concerns over any hostile takeover of Commerzbank by Italy’s UniCredit in recent days, according to two people familiar with the matter, in a wider bid by Berlin to […]
CashNews.co Germany’s finance minister underscores concern over Commerzbank takeover approach to Italy, say sources XM does not provide services to residents of the United States of America. XM does not provide services to residents of the United States of America. Home Trading Trading At XM we offer Ultra Low Micro and Ultra Low Standard […]
CashNews.co Watson Farley & Williams (“WFW”) advised Banco Santander, S.A. (“Banco Santander”) on a financing granted through its Italian subsidiary, Banco Santander, S.A., Milan Branch, to Trina Solar ISBU (International Systems Business Unit) (“Trina Solar ISBU”) a subsidiary of Trina Solar Group Co., Ltd. (“Trina Solar”), for the acquisition, construction and development of a pipeline […]
CashNews.co By Crispian Balmer ROME (Reuters) -Italian Deputy Prime Minister Matteo Salvini said on Thursday he would not want UniCredit to shift its legal base to Germany as part of a possible deal with Commerzbank, and that Rome was still considering its position on a tie-up. UniCredit this month said it had bought a 9% […]
CashNews.co By Giuseppe Fonte ROME (Reuters) – Italy is targeting 1% economic growth this year and 1.2% in 2025 and has revised down its deficit goals as a proportion of gross domestic product (GDP) for both this year and next, sources said ahead of the publication of the figures on Friday. Italy’s huge public debt, […]