Tag: Italy

CashNews.co Italy revises down 2023 GDP growth, budget deficit and debt | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County […]

CashNews.co Piazza Affari confirms the good pitch of the start in a market with a positive mood and taking advantage of the news about the new stimulus package in China to regain some themes, such as luxury and cars, more related to Chinese demand. Support also comes from the performance of Wall Street futures, moderately […]

CashNews.co Italy’s economy was finally back to its pre-financial crisis peak. Getting back to where it started has taken over a decade longer than most other advanced economies, but let’s not be fussy about the details for now… Canada and the US reached their 2007 output levels in already in 2010 and last year output […]

CashNews.co Investing.com – Italy stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher. At the close in Milan, the rose 0.54%. The best performers of the session on the were Tenaris SA (BIT:), which rose 4.35% or 0.57 points to trade at 13.81 at the close. […]

CashNews.co What’s going on here? Italy plans to keep a majority stake in its national rail operator, Ferrovie dello Stato (FS), while considering selling a minority share to outside investors. What does this mean? At a recent event in Berlin, FS CEO Stefano Donnarumma confirmed the potential stake saleemphasizing that only a minority share would […]

CashNews.co By Angelo Amante ROME (Reuters) – The Italian government has proposed spending around 1.6 billion euros ($1.78 billion) on new jets for its aerobatic display team, a parliamentary document showed on Tuesday. The purchase of the 20 T346 jets built by defence group Leonardo will run until 2038 and includes five aircraft for training […]

CashNews.co ROME (AP) — Workers in Italy’s automotive sector will go on strike on Oct. 18, the main metalworkers unions said Tuesday, in protest of declining output from Stellantis, the biggest carmaker in the country. The unions also called for a national demonstration in Rome on the same day. Stellantis, which was created in 2021 […]

CashNews.co (Bloomberg) — Italian Prime Minister Giorgia Meloni is preparing to sell as much as 15% of Poste Italiane SpA as part of a privatization drive aimed at cutting the country’s mammoth debt, according to people familiar with the matter. Italy hopes to receive about €2.4 billion ($2.7 billion) from the sale, said the people, […]

CashNews.co By Giuseppe Fonte ROME (Reuters) – Italy will target domestic savers in its planned public offering of around 14% of Poste Italiane, a government decree seen by Reuters showed on Tuesday. The Italian postal service is valued at around 16.2 billion at current market prices and the proposed share sale is therefore expected to […]

CashNews.co VATICAN CITY (CNS) – Celebrating the feast of St. Matthew with Italy’s financial police, Pope Francis urged them to follow the example of their patron, the tax collector who became an apostle, by not only being just, but also bringing charity and solidarity into their work, especially with migrants and the victims of crime. […]