CashNews.co ROME (Reuters) – Italy’s economy minister said on Thursday he was ready to review proposals to raise a tax on cryptocurrency capital gains, after pressure from some lawmakers in his own party to drop the plan. “I am willing to consider different forms of taxation for people who keep investments in their portfolio,” Minister […]
Italy opens procedure against China’s Sinochem for possible breach of Pirelli governance #ItalyFinance
CashNews.co MILAN (AP) — Italy has opened an administrative procedure against China’s Sinochem, the largest shareholder in Italian tiremaker Pirelli, for a possible breach of restrictions designed to protect national strategic assets. Pirelli announced Wednesday that the procedure was launched under the so-called “golden power” provisions, which include restrictions to the access of some information […]
Italy Web Tax Standoff with US Over Big Tech #ItalyFinance
CashNews.co Published : 1 hour agoon 07/11/2024 By Giuseppe Fonte ROME (Reuters) – The United States has recently renewed calls for Italy to repeal its domestic web tax, people familiar with the matter told Reuters, saying the U.S.’ insistence increases the risk of retaliation if Rome ignores the request. Italy intends to maintain the tax […]
Italy opens procedure against Sinochem over Pirelli possible governance breach #ItalyFinance
CashNews.co MILAN (Reuters) – Pirelli said on Wednesday that Italy’s Prime Minister’s Office opened an administrative procedure against its largest shareholder, China’s Sinochem, for a possible breach of provisions Rome imposed to shield the tyremaker’s autonomy. Italy’s right-wing government last year used its “Golden Power” legislation, aimed at protecting assets deemed strategic for the country, […]
Finance MagnatesProp Trading Regulation: “Consob’s Attention Is Very High,' Says Fintokei’s Italy ManagerProp trading brand Fintokei recently expanded its operations into Italy, with its newly appointed Country Manager aiming to acquire 3000….3 hours ago #ItalyFinance
CashNews.co Finance MagnatesProp Trading Regulation: “Consob’s Attention Is Very High,’ Says Fintokei’s Italy ManagerProp trading brand Fintokei recently expanded its operations into Italy, with its newly appointed Country Manager aiming to acquire 3000….3 hours ago Read More #cashnews #Italy #finance
Italy’s privacy watchdog raps Intesa over data breach incident #ItalyFinance
CashNews.co MILAN (Reuters) -Italy’s data protection authority said on Tuesday Intesa Sanpaolo had underestimated the seriousness of a data breach incident involving thousands of customers, widely reported to include Prime Minister Giorgia Meloni. Last month, the authority asked the bank to provide clarification over the case involving an Intesa employee who allegedly accessed the data […]
Italy Faces Growth Hurdles: Central Bank Warns #ItalyFinance
CashNews.co Published : 21 seconds agoon 06/11/2024 ROME (Reuters) -The Italian government’s growth targets for 2024 and 2025 now look hard to achieve, the country’s central bank and budget watchdog UPB said on Tuesday. The Treasury set a growth target of 1% this year and 1.2% in 2025 in its multi-year budget plan unveiled in […]
Lufthansa, Italy talks stall over Ita airline purchase price #ItalyFinance
CashNews.co Negotiations between German carrier Lufthansa and the Italian government over the sale of state-owned Italian airline Ita have stalled on pricing issues, according to media reports on Tuesday. Just before the deal was agreed, the Italian government and the German airline disagreed over whether the price should be reduced, Corriere della Sera and Il […]
Finance MagnatesItaly’s Consob and Google Partners to Block Fraudulent Investment AdsConsob joined forces with Google to fight online financial fraud. The partnership aims to enhance investor protection by creating a digital….59 minutes ago #ItalyFinance
CashNews.co Finance MagnatesItaly’s Consob and Google Partners to Block Fraudulent Investment AdsConsob joined forces with Google to fight online financial fraud. The partnership aims to enhance investor protection by creating a digital….59 minutes ago Read More #cashnews #Italy #finance
Italy unlikely to reach its 2024-2025 GDP goals, Bank of Italy and budget watchdog say #ItalyFinance
CashNews.co ROME (Reuters) -The Italian government’s growth targets for 2024 and 2025 now look hard to achieve, the country’s central bank and budget watchdog UPB said on Tuesday. The Treasury set a growth target of 1% this year and 1.2% in 2025 in its multi-year budget plan unveiled in September. Italian gross domestic product stagnated […]