CashNews.co MILAN (Reuters) – Italy is struggling to find a “strategic” buyer for its stake in lender Monte dei Paschi di Siena before a year-end deadline, leaving it with little alternative but to turn to the market and broaden a fragmented shareholder base, two sources close to the sale process said. Italy must cut its […]
CashNews.co Published : 16 hours agoon 04/11/2024 ROME (Reuters) – Italian manufacturing activity contracted for a seventh month running in October and at a faster pace than the month before, a survey showed on Monday, amid persisting declines in output and new orders. The HCOB Global Purchasing Managers’ Index (PMI) for manufacturing in the euro […]
CashNews.co The first episode of the “EU Listing Act” podcast series is now available. This podcast explores a key topic for the EU financial sector: the “Listing Act”, a comprehensive legislative package adopted on October 8, 2024 to make capital markets more attractive for EU businesses and to facilitate access to capital for SMEs. In […]
CashNews.co ROME (Reuters) – Italian manufacturing activity contracted for a seventh month running in October and at a faster pace than the month before, a survey showed on Monday, amid persisting declines in output and new orders. The HCOB Global Purchasing Managers’ Index (PMI) for manufacturing in the euro zone’s third-largest economy fell to 46.9 […]
CashNews.co Berkshire Hathaway Specialty Insurance (BHSI) has announced the appointment of two key executives in Italy. Vincenza Viele has been named head of claims while Alessandro Majerna will take on the role of head of professional indemnity (PI) and cyber for Executive & Professional Lines. Both are based out of Milan. Majerna has over 15 […]
CashNews.co Published : 22 seconds agoon 04/11/2024 PRAGUE (Reuters) – The Czech Republic will join Italy in seeking to prevent carmakers from facing heavy penalties from next year when tougher CO2 emission rules take effect in the European Union, Czech Transport Minister Martin Kupka said on Sunday. Kupka said carmakers will face problems meeting new […]
CashNews.co MILAN, Oct 31 (Reuters) – Fitch Ratings on Thursday increased its long-term rating on UniCredit’s (CRDI.MI)opens new tab debt to BBB-plus, one notch above Italy’s sovereign level, in a move that reflects the bank’s restructuring progress and geographical diversification. With a strong presence in Germany and Austria and operations across 13 countries, UniCredit has […]
CashNews.co BY GIUSEPPE FONTE Italy’s economy minister has defended his decision to raise taxes on cryptocurrency capital gains as part of next year’s budget, despite pressure from some lawmakers in his own party to backtrack. Giancarlo Giorgetti said savers should make a distinction between investments that finance tangible projects and cryptocurrencies, whose value he said […]
CashNews.co ROME (Reuters) – Italy’s economy minister on Thursday defended his decision to raise taxes on cryptocurrency capital gains as part of next year’s budget, despite pressure from some lawmakers in his own party to backtrack. Giancarlo Giorgetti said savers should make a distinction between investments that finance tangible projects and cryptocurrencies, whose value he […]
CashNews.co Ministero dell’Economia e delle FinanzeGiorgetti in Washington for IMF, G20 and G7Washington, 25 October 2024 – Minister of Economy and Finance Giancarlo Giorgetti in Washington for the Annual Meetings of the International….8 hours ago Read More #cashnews #Italy #finance