Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 15, 2025 ROME (Reuters) – The Italian government has no plans to strengthen its “golden power” legislation to intervene in mergers and takeovers in the financial sector, Economy Minister Giancarlo Giorgetti said on Wednesday. The golden power rules, designed at the […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 15, 2025 By Sara Rossi MILAN (Reuters) – Italy’s public debt rose further in November, exceeding 3 trillion euros ($3.1 trillion) and hitting a record high, the central bank of the euro zone’s third-largest economy said on Wednesday. The sustainability of […]
Financial Insights That Matter Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key Takeaways ROME (AP) â Italy, Albania and the United Arab Emirates signed a three-way clean energy cooperation deal Wednesday that calls […]
Financial Insights That Matter Bitcoin (BTC), continues to get further entrenched into the traditional finance system. Italy’s largest bank by assets, Intesa Sanpaolo, has bought 11 BTC for over $1 million, according to a Reuters report. Reuters saw an internal message that said, “As of today, Jan. 13, 2025, Intesa Sanpaolo owns 11 bitcoins”. Intesa […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 14, 2025 ROME (Reuters) – Italy adopted a decree on Tuesday to issue effective tax incentives for the purchase of government bonds, part of Rome’s efforts to boost domestic holdings of its almost 3 trillion euro ($3.08 trillion) public debt. Announced […]
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 14, 2025 ROME (Reuters) – Italian industrial output was marginally stronger than expected in November, rising 0.3% from the month before, data showed on Tuesday, but the country’s manufacturing sector continues to struggle. In the three months to November output was […]
Financial Insights That Matter Posted By Global Banking and Finance Posted on January 14, 2025 (This Feb. 8, 2024 story has been corrected to fix the funding to 500,000 euros, not 500 million euros, in paragraph 2) ROME (Reuters) – Italy will help with the rebuilding of a cathedral in the Ukrainian city of Odesa […]
Financial Insights That Matter Posted By Global Banking and Finance Posted on January 14, 2025 MILAN (Reuters) – Italy’s biggest bank Intesa Sanpaolo on Monday completed its first proprietary bitcoin trade investing 1 million euros ($1.03 million) into the world’s largest digital currency, an internal memo showed. Intesa set up a proprietary trading desk for […]
Financial Insights That Matter RENAULT PRESS RELEASEParis, France â 14 January 2025 MOBILIZE AND AUTOSTRADE PER LâITALIA FORGE A STRATEGIC ALLIANCE TO POWER SUSTAINABLE MOBILITY IN ITALY Renault Group through its Mobilize brand and Autostrade per lâItalia through its subsidiary Free To X have signed a framework agreement to develop fast-charging infrastructure in Italy. As […]
Financial Insights That Matter (Bloomberg) — Italy is preparing to start a formal review of UniCredit SpAâs unsolicited offer for Banco BPM SpA, people familiar with the matter said, a process under the governmentâs âGolden Powerâ rules that may impose conditions should a deal be approved. Most Read from Bloomberg Prime Minister Giorgia Meloniâs government […]