Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 29, 2025 By Crispian Balmer ROME (Reuters) – Italian Prime Minister Giorgia Meloni has been placed under investigation over a government decision to release a Libyan police officer wanted by the International Criminal Court (ICC). Here is the background to the […]
Italy seizes $48.4 million from FedEx’s unit over alleged tax fraud #ItalyFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 29, 2025 MILAN (Reuters) – Italian tax police have seized 46.6 million euros ($48.4 million) from FedEx’s local unit, FedEx Express Italy srl, following an investigation into alleged tax fraud linked to illicit labour supply, prosecutors’ documents showed on Wednesday. In […]
Italy business and consumer morale pick up in January #ItalyFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 29, 2025 ROME (Reuters) – Morale among Italian businesses and consumers improved unexpectedly in January, data showed on Wednesday, brightening prospects for the euro zone’s third largest economy which has stalled in recent months. National statistics institute ISTAT’s composite business morale […]
FTI Consulting Strengthens Business Transformation Capabilities in Italy with Addition of Senior Managing Director #ItalyFinance
Financial Insights That Matter FTI Consulting, Inc. MILAN, Jan. 29, 2025 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Giuseppe Farinacci as a Senior Managing Director in the firm’s Business Transformation practice. Mr. Farinacci, who is based in Milan, will provide strategic advice to corporations and investors on financial and […]
Italy’s Meloni under investigation over release of Libyan suspect #ItalyFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 28, 2025 ROME (Reuters) – Italian Prime Minister Giorgia Meloni said on Tuesday she had been placed under judicial investigation over her country’s surprise release of a Libyan police officer wanted by the International Criminal Court. In a video message on […]
Italy regulator seeks info from DeepSeek on data protection #ItalyFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 28, 2025 ROME (Reuters) -Italy’s data protection authority said on Tuesday it was seeking answers from Chinese artificial intelligence (AI) model DeepSeek on its use of personal data. The Italian regulator, which is also known as the Garante, said it wanted […]
Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi #ItalyFinance
Financial Insights That Matter MILAN (AP) — Italian bank Mediobanca on Tuesday rejected a surprise takeover attempt by domestic rival Monte dei Paschi di Siena. Mediobanca said in a statement that the offer “is devoid of industrial and financial rationale.” Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last […]
TOP ITALIAN AND U.S. LIFE SCIENCES EXECUTIVES AND ITALIAN GOVERNMENT LEADERS SHARED BUSINESS SUCCESS STORIES WITH INVESTORS AT “ITALY ON THE MOVE 2025” SIDE EVENT DURING J.P. MORGAN HEALTHCARE CONFERENCE #ItalyFinance
Financial Insights That Matter Over 230 Italian and U.S. executives, Italian government leaders, and investors attended the eighth edition of “Italy On the Move” Seven life sciences executives provided business insights during “Navigating Transatlantic Partnerships in Life Sciences” panel discussion and five Italian startups pitched their unique breakthroughs and investment opportunities Director General for the […]
Italy Firm Got Carlyle Cash and Allegedly Paid for Yacht, Winery #ItalyFinance
Financial Insights That Matter (Bloomberg) — It seemed like a low-risk bet when in 2020 Carlyle Group Inc. agreed to provide around €200 million ($210 million) in private bonds to Pro-Gest SpA, a family-owned paper and packaging company based near Venice. Most Read from Bloomberg The papermaker’s finances came under pressure in 2019 as production […]
Italian ship carrying migrants picked up offshore reaches Albania #ItalyFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 28, 2025 TIRANA (Reuters) – An Italian navy ship carrying 49 migrants picked up in international waters arrived in Albania on Tuesday, amid a new attempt by Italy to push ahead with a legally contested plan to relocate migrants to the […]