MILAN – A global crunch in semiconductor supply could cost Stellantis up to 220,000 vehicles this year in terms of lost output in Italy, the FIM CISL union said, adding…
ROME – Italy’s manufacturing sector grew at the slowest pace in two years in June, a survey showed on Friday, as firms reported weak demand and increasingly downbeat expectations. The…
ROME – Italy’s Treasury said the country’s economy could grow this year by at least as much as Rome’s official target of 3.1% set in April, despite the negative impact…
By Matthieu Protard PARIS -French bank Credit Agricole is targeting a net profit of more than 6 billion euros ($6.3 billion) by 2025 and sees strong potential for its business…
By Gavin Jones ROME – Diana Parini left her waitressing job at an Italian Alpine resort last month because she was fed up with the pay and conditions: eight euros…
By Giuseppe Fonte and Valentina Za ROME – Italy expects to reach an informal agreement with European Union authorities soon over new restructuring goals for Monte dei Paschi di Siena…
By Gavin Jones ROME – Italy’s economy will grow by 2.8% this year, national statistics bureau ISTAT said on Tuesday, slashing a 4.7% projection made in December as high raw…
MILAN – Electric vehicles are not the only effective route to reducing carbon emissions produced by the car industry, the head of Italy’s automotive lobby said on Tuesday. Other technologies…
ROME, May 26 – Morale amongst Italian businesses and consumers rose in May, data showed on Thursday, with service industries regaining confidence despite the ongoing war in Ukraine while manufacturers…
By Francesco Guarascio BRUSSELS – Italy and Hungary have urged the EU to call explicitly for a ceasefire in Ukraine and peace talks with Russia, putting themselves at odds with…
MILAN – Uber Technologies Inc has clinched a deal to integrate its ride-hailing app with Italy’s largest taxi dispatcher as it seeks to boost its presence in the eurozone’s third-largest…
ROME – Italy’s parliament has extended Rome’s special vetting powers to protect its key national assets by including the hydroelectric sector and new companies that plan to operate in industries…
By Valentina Za, Giuseppe Fonte and Francesco Zecchini MILAN – Gianni Polidori served a final espresso in his freshly renovated cafe in the Italian port of Ancona at the end…
By Giuseppe Fonte ROME – Italy is beefing up a 1.5-billion-euro ($1.6 billion) money pot destined for state-owned bank Monte dei Paschi di Siena (MPS), three sources close to the…
MILAN – Italian bank UniCredit said it had launched a pilot project to train staff in Italy to try to boost retention rates, weeks after rival heavyweight Intesa Sanpaolo announced…
ROME – Italy on Monday approved a new stimulus package worth 14 billion euros ($14.71 billion) to shield firms and families from the economic impact of the war in Ukraine,…
MILAN – Carmaker Stellantis has agreed with unions it will cut 480 jobs this year at its Mifariori facility in Turin through voluntary redundancies, Italy’s FIM-CISL union said on Monday.…
THE HAGUE – Germany has filed a case against Italy at the highest U.N. court because Rome continues to allow victims of Nazi war crimes to claim compensation from the…
ROME – Western leaders agreed on the need to put more pressure on Russia and to increase Moscow’s international isolation following its invasion of Ukraine, an Italian government statement said…
By Giuseppe Fonte ROME – Italy plans to beef up its scrutiny of corporate takeovers with a new dedicated division at the cabinet office to oversee merger deals involving strategic…
By Gavin Jones and Angelo Amante ROME – Italian government forecasts showing a steady decline in education spending triggered an angry reaction on Monday from the country’s trade unions, which…
By Giuseppe Fonte and Gavin Jones ROME – Italy has reduced its estimates for the economic growth impact of European Union funds and reforms connected with its Recovery Plan, a…
ROME – Italian Prime Minister Mario Draghi has signed a decree to allocate 650 million euros ($709 million) per year from 2022 through 2024 for incentives to buy electrified or…
MILAN – Vehicle production from sites owned in Italy by Stellantis and previously its predecessor Fiat Chrysler is set to fall for a fifth consecutive year in 2022 due to…
By Giuseppe Fonte and Francesca Landini ROME – The Italian government wants to clinch a deal on the sale of state-owned carrier ITA Airways by mid-June, two sources close to…