Financial Insights That Matter MILAN (Reuters) -Stellantis will assign a new mass-market model to one of its Italian plants as part of a long-term production plan due to be presented on Tuesday to the Italian government, two sources familiar with the matter told Reuters. Industry Minister Adolfo Urso is due to host a meeting in […]
Financial Insights That Matter Published : 1 hour agoon 17/12/2024 By Gavin Jones ROME (Reuters) – Italy’s growth rebound from the COVID-19 pandemic is petering out much faster than expected as structural weaknesses resurface, raising risks for the fragile public finances of the euro zone’s third largest economy. After gross domestic product unexpectedly stagnated in […]
Financial Insights That Matter Published : 4 minutes agoon 16/12/2024 MILAN (Reuters) – Banca Akros, the investment bank of Banco BPM, said on Monday it had acted “properly and transparently” in handling last month’s placement of a 15% stake in Monte dei Paschi on behalf of the Rome government. The Financial Times had reported in […]
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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. A month ago, the Italian Treasury announced the successful sale of a 15 per cent stake in Monte dei Paschi di Siena — a big step in the reprivatisation of the […]
Financial Insights That Matter ROME (Reuters) – The Italian government is willing to work with Stellantis NV on the carmaker’s future strategy provided it keeps jobs and factories in the country, Prime Minister Giorgia Meloni said on Sunday. “We evaluate the economic cases on their own merits,” Meloni told an event of her Brothers of […]
Financial Insights That Matter By Giselda Vagnoni ROME (Reuters) – Italy’s Prime Minister Giorgia Meloni said on Sunday she would lead the government responsibly until the end of its mandate as parliament debates a budget aimed at supporting the euro zone’s third-largest economy while trimming its debt. Rome, which was put under the EU’s excessive […]
Financial Insights That Matter ROME (Reuters) – Italy expects to be a central part of Stellantis’ future strategy and wants the Fiat automaker to safeguard the factories on its territory, Industry Minister Adolfo Urso said on Saturday. “There must be an assertive Italy plan within Stellantis’ industrial plan that protects national factories,” Urso told an […]
Financial Insights That Matter MILAN (Reuters) – The Italian economy will expand by 0.7% both this year and next, the country’s central bank said on Friday, cutting estimates made in October as the monthly flow of data continues to weaken. The projections are below those of the Italian government, which officially forecasts growth of 1.0% […]
Financial Insights That Matter The Virgin Galactic SpaceShipTwo space plane Unity and mothership flies above Spaceport America, near Truth and Consequences, New Mexico on July 11, 2021 (Patrick T. FALLON) US space company Virgin Galactic announced Thursday it is exploring the possibility of opening a new base in Italy, potentially bringing suborbital flights to tourists […]