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 […]
Financial Insights That Matter FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era […]
Financial Insights That Matter This week, Italy announced plans to reduce capital gains taxes on cryptocurrency in the upcoming 2025 budget, which will be finalized later this month, according to Reuters. A previous proposal looked at increasing the capital gains tax on crypto from 26% to 42%. “The tax increase will be significantly reduced during […]
Financial Insights That Matter A long-term power purchase agreement (PPA) with an undisclosed international technology provider was secured for the projects. The financing was done through a club deal structure, with Dutch financial entities ING and Rabobank serving as lenders and mandated lead arrangers. The funding includes €114 million in non-recourse senior debt, alongside €51 […]
Financial Insights That Matter MILAN, Dec. 11, 2024 /PRNewswire/ — Enfinity Global Inc., a leader in renewable energy, has closed €165 million in financing aimed at building a portfolio of three utility-scale solar power plants with a combined capacity of 147 MW, located in Italy’s Lazio region. The projects are expected to be operational by […]
Financial Insights That Matter ROME (Reuters) – Italy will scale back plans to increase taxes on cryptocurrency capital gains, ruling politicians said on Tuesday, following criticism from the affected industry and rows within the party of the economy minister. “The tax increase will be significantly reduced during the parliamentary work,” lawmaker Giulio Centemero and Treasury […]
Financial Insights That Matter ROME (Reuters) – Italy’s Industry Minister Adolfo Urso announced a deal on Tuesday to avert 249 layoffs at suppliers to Stellantis, saying he hoped the breakthrough would help repair strained relations with the carmaker. Stellantis and Italy’s government have been at loggerheads for months, with politicians in Rome accusing Fiat’s parent […]
Financial Insights That Matter BloombergItaly Is Planning to Sell Off a Minority Stake in Rail Operator FerrovieItaly is preparing to sell a minority stake in rail operator Ferrovie dello Stato Italiane SpA as the government looks to dispose of assets….41 minutes ago Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated […]
Financial Insights That Matter ROME (Reuters) – Italy will ask Stellantis to continue investing in the country, and the automaker is giving the government reassuring signals, the deputy prime minister said on Tuesday. “Stellantis cannot leave Italy,” Deputy Prime Minister Antonio Tajani told state broadcaster RAI, stressing the close link between the country and the […]
Financial Insights That Matter By Emilio Parodi MILAN (Reuters) – Italian prosecutors have wrapped up a probe into alleged tax evasion of 887.6 million euros ($937.93 million) by Facebook parent company Meta involving two executives of its Irish unit, the Milan prosecutor’s office said on Monday. Closing the investigation is the formal step before prosecutors […]