US OKs potential sale of missiles and bombs to Italy, Pentagon says
WASHINGTON (Reuters) – The U.S. State Department has approved the potential sale to Italy of air-to-air missiles and small diameter bombs, the Pentagon said on Thursday. Italy has requested to buy 125…
Italy may ratify EU bailout fund reform “if turned into growth instrument” – Meloni
ROME (Reuters) – Italy is ready to consider ratifying the reform of the euro zone’s bailout fund (ESM) for countries and banks cut off from markets “if it is transformed into a…
Germany, Italy push euro zone into trade surplus in Feb
BRUSSELS (Reuters) – The euro zone swung to a trade surplus in February from a deficit a year earlier, non-adjusted data showed on Thursday, mainly thanks to a jump in exports of…
BAT and Amazon in Italy probe over tobacco heater advertising
ROME (Reuters) – British American Tobacco and Amazon are under investigation in Italy over what regulators say is potentially misleading advertising for the Glo Hyper X2 tobacco heater, the Italian Competition Authority…
Italy posts trade surplus in February as energy import prices fall
(Reuters) – Italy’s trade balance with the rest of the world swung to a surplus in February from a deficit a year earlier thanks mainly to the declining cost of energy imports,…
Italy plans extra borrowing worth almost $9 billion this year and next
ROME (Reuters) – Italy plans to raise borrowing by some 8 billion euros ($8.8 billion) this year and next to fund aid measures mainly focused on cutting taxes for employees, the Treasury…
Italy Declares National Emergency As Migrants Pour Off Boats, Flood Shelters
Italy Declares National Emergency As Migrants Pour Off Boats, Flood Shelters Lorenzo Prieto on April 11, 2023 The Italian government declared a six-month nationwide state of emergency Tuesday as thousands of migrants…
Italy set to confirm deficit targets for this year and next -sources
By Giuseppe Fonte ROME (Reuters) – Italy is likely to confirm its budget deficit targets for this year and next, people familiar with the matter said, as the Treasury aims for tighter…
Births in Italy hit record low in 2022, population shrinks further
(Reuters) – Births in Italy dropped to a new historic low below 400,000 in 2022, national statistics bureau ISTAT said on Friday, as the population continued to shrink. Italy’s dearth of babies…
Italy retail sales fall in February as food-buying contracts
(Reuters) – Italy’s retail sales fell both in value and in volume in February from the month before, statistics institute ISTAT said on Wednesday, as families cut down on food purchases. The…
Italy sees 2023 deficit on target despite higher rates, Eurostat setback – sources
By Giuseppe Fonte ROME (Reuters) – Italy estimates a 2023 budget deficit broadly in line with its previous goal of 4.5% of national output, people familiar with the matter said, as Rome…
EU court adviser says Italy antitrust fine may breach Volkswagen’s rights
By Foo Yun Chee BRUSSELS (Reuters) – An Italian antitrust fine levied on Volkswagen over its defeat devices may have infringed the German carmaker’s right not to be penalised twice for the…
Italy agrees to transfer Russian suspect to United States
MILAN (Reuters) – An Italian court on Tuesday agreed to hand over to U.S authorities a Russian national who has been accused of offences including shipping oil from Venezuela in breach of…
Telecom Italia in talks with unions on up to 2,000 job cuts in Italy
MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs in Italy through a voluntary early retirement scheme as part of the former phone monopoly efforts to…
Exxon considers selling stake in LNG terminal offshore Italy
By Sabrina Valle and Francesca Landini HOUSTON (Reuters) – Exxon Mobil Corp. is considering selling its majority stake in the Rovigo LNG terminal offshore Italy as part of a strategy to divest…
Italy says hopes EU acts to shore up banks if needed, after SVB collapse
ROME (Reuters) – Italy’s Economy Minister Giancarlo Giorgetti is closely watching market developments following the collapse of the Silicon Valley Bank (SVB), the ministry said on Monday, adding that the European Union…
More than 1,300 migrants brought ashore in Italy after multiple rescues
By Crispian Balmer ROME (Reuters) -More than 1,300 migrants have been rescued in three separate operations off the southern tip of Italy, the coastguard said on Saturday, two weeks after at least…
Italy working on new retail-dedicated bond, expected before summer – source
By Sara Rossi MILAN (Reuters) – Italy’s Treasury is working on a new bond dedicated to small savers in an effort to increase retail investors’ holdings of the country’s huge debt pile,…
Italy producer prices slow down in Jan due to fall in energy prices
(Reuters) – Italian industrial producer prices saw a marked decline in January, slipping back to levels seen in the summer of 2021 in yearly terms due to a decline in energy prices.…
Italy to boost multiple-vote shares to support Milan bourse, sources say
By Giuseppe Fonte ROME (Reuters) – Italy plans to enhance voting rights to persuade entrepreneurs to float their businesses in Milan without worrying about losing control to other investors, sources briefed on…
Stellantis to make fully electric cars at Cassino plant in Italy
MILAN (Reuters) – Stellantis said on Thursday it will use its Cassino assembly plant in central Italy for making cars based on its STLA Large platform as part of the company’s electrification…
Vodafone targets some 1,000 jobs cuts in Italy – union officials
By Elvira Pollina MILAN (Reuters) -Vodafone is looking to cut about 1,000 jobs in Italy as part of a larger cost saving plan the telecoms giant is pursuing to revamp its operations,…
Italy close to approve CDP, Macquarie bid for TIM’s grid- Bloomberg News
(Reuters) – Italy is close to granting preliminary approval to a multibillion-euro offer by state lender CDP and Macquarie Group for Telecom Italia’s landline network, Bloomberg News reported on Saturday citing people…
Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created
ROME (Reuters) – Italy’s unemployment rate rose slightly to 7.9% in January from an unrevised 7.8% the month before, national statistics bureau ISTAT said on Thursday. A Reuters survey of analysts had…
Italy posts firm growth in 2022, but budget deficit overshoots
By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – Italy posted firm economic growth of 3.7% last year but the budget deficit far exceeded official forecasts due to the cost of tax…
Italy Jan EU-harmonised CPI revised to +10.7% y/y
(Reuters) – Italian EU-harmonised consumer prices (HICP) fell 1.5% month-on-month in January and were up 10.7% from the year earlier, official statistics agency ISTAT said on Wednesday, revising down preliminary data. The…
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