Financial Insights That Matter Global and Europe Giancarlo Giorgetti, Italy Giancarlo Giorgetti is The Banker’s Finance Minister of the Year, having won respect for his attempts to reduce Italy’s growing deficit and sustain public investment, with a longer-term plan to bring down the country’s towering debt-to-GDP ratio. Being Italy’s finance minister is a thankless task. […]
Financial Insights That Matter (Bloomberg) — Italy is in advanced talks with Elon Musk’s SpaceX for a deal to provide secure telecommunications for the nation’s government — the largest such project in Europe, people with knowledge of the matter said Sunday. Most Read from Bloomberg Discussions are ongoing, and a final agreement on the five-year […]
Financial Insights That Matter (Bloomberg) — CK Hutchison Holdings Ltd.’s Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a €3.4 billion ($3.6 billion) asset sale to Cellnex Telecom SA. The investigation by Italy’s finance police hinges on whether Wind Tre SpA, the country’s third-biggest phone company, failed to […]
Financial Insights That Matter Published : 13 seconds agoon 19/12/2024 By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – Italy’s uncharacteristic political stability is likely to boost its government bonds next year, analysts say, as uncertainty over Germany and France undermines investor confidence in them. While most of the risks that have made Italian bonds […]
Financial Insights That Matter Published : 21 seconds agoon 19/12/2024 By Andrey Sychev and Alessandro Parodi (Reuters) – New car sales growth in Europe turned negative again in November, after showing a meagre growth in October, weighed by sharp declines in France and Italy, and a stagnation in Germany, industry data showed on Thursday. The […]
Financial Insights That Matter (Bloomberg) — Italy’s Ferrovie dello Stato Italiane SpA is set to receive a €2 billion ($2.1 billion) loan from Intesa Sanpaolo SpA, which would help the state-controlled rail operator fund maintenance and beef up its infrastructure. The four-year credit is backed by Italy’s state insurance and financial group Sace, according to […]
Financial Insights That Matter Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UniCredit has gained control of about 28 per cent of Commerzbank’s voting rights, as the Italian lender escalated its pursuit of the German bank at the same time as going after […]
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Financial Insights That Matter From: Mercom Capital Group DRI, a renewable energy company based in Amsterdam and a subsidiary of the DTEK Group, has announced the signing and completion of a purchase agreement to develop a 166 MWp solar portfolio in Sardinia, Italy. The portfolio, named Project Nox, comprises four solar projects acquired from Enerland, […]
Financial Insights That Matter ROME (Reuters) – All Stellantis Italian production sites will remain active and will increase output from 2026 thanks to new models being introduced, Jean-Philippe Imparato, the chief of the carmaker’s European operations, said on Tuesday. Imparato was quoted by a company spokesperson as speaking at a meeting in Rome with Italy’s […]