Levi Strauss sues Italy’s Brunello Cucinelli over trademarked tab
By Jonathan Stempel (Reuters) – Levi Strauss has sued Brunello Cucinelli, accusing the Italian luxury fashion brand of infringing its trademarked rectangular pocket tab. In a complaint filed on Tuesday night in…
Italy’s finances creak as budget deficit climbs in Q1
By Gavin Jones and Giuseppe Fonte ROME (Reuters) – Italy’s budget deficit widened in the first quarter to 12.1% of gross domestic product (GDP) compared with 11.3% in the same period of…
Italy’s manufacturing shrinks at steepest rate since COVID lockdowns – PMI
ROME (Reuters) – Italy’s manufacturing sector contracted in June at the steepest rate in over three years, a survey showed on Monday, signalling a recession ahead unless buoyant services can prop up…
Analysis-Deep distrust of EU leaves Italy’s Meloni in a corner over bailout fund
By Angelo Amante and Giuseppe Fonte ROME (Reuters) – The reluctance of Italy’s right-wing coalition to ratify reform of a vital euro zone bailout fund is rooted in a deep distrust of…
Italy’s TIM enters into exclusive talks with KKR over grid sale
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Telecom Italia (TIM) has granted U.S. fund KKR a period of exclusive negotiations for the sale of its landline grid, the Italian phone group…
Italy’s TIM leaning towards KKR for talks over grid sale, sources say
By Giuseppe Fonte and Elvira Pollina ROME (Reuters) – Telecom Italia (TIM) is leaning towards entering talks with KKR over the sale of its prized landline grid, two sources said, as the…
Italy’s government acts to curb Chinese influence on Pirelli
By Alvise Armellini, Giuseppe Fonte and Giulio Piovaccari ROME (Reuters) -Italy’s government said on Friday it had taken steps to limit the influence of China’s Sinochem on tyremaker Pirelli, including a mandatory…
Italy’s UniCredit expands payments partnership with Mastercard
ROME (Reuters) – Italy’s second-largest bank UniCredit said on Friday it had entered into an enlarged payments partnership with Mastercard. The agreement covers 13 banks in 12 markets, totalling 20 million cards,…
“Cut the price of baby products”, says Italy’s inflation watchdog
ROME (Reuters) – Italy’s industry minister said on Monday that a cut in sales tax on baby products has not produced the expected fall in consumer prices and called for the country’s…
Italy’s Berlusconi sends video message to Forza party from hospital
MILAN (Reuters) – Former Italian prime minister Silvio Berlusconi sent a video message to his Forza Italia party on Saturday in his first appearance since being hospitalised a month ago, saying he…
Adviser to Italy’s Treasury tables proposal for windfall tax on banks
By Giuseppe Fonte ROME (Reuters) – Italy should introduce a tax on banks to claw back extra profits made on the back of rising interest rates that have not been passed on…
Italy’s service sector grows in April at fastest rate since Aug 2021 – PMI
ROME (Reuters) – Italy’s services sector grew for a fourth month running in April and at the fastest rate since August 2021 amid rising confidence and continued growth in new business, a…
Italy’s Treasury says freezes assets of Russian fugitive
MILAN (Reuters) – Italy’s Treasury said it has frozen the assets held in the country by Russian businessman Artem Uss, who dodged Italian authorities trying to extradite him to the United States…
Sale of Italy’s MPS should help create several big banks, says Meloni
MILAN (Reuters) – The privatisation of Italian lender Monte dei Paschi di Siena should foster the creation of several large banking groups in the country, Prime Minister Giorgia Meloni was quoted as…
Italy’s Prada to invest 60 million euros to help boost production capacity
By Elisa Anzolin VALVIGNA, Italy (Reuters) – Italy’s Prada is planning to spend 60 million euros ($66 million) on industrial capital investments this year, a large chunk of which will help double…
Italy’s Golden Goose to spread its wings beyond sneakers
By Elisa Anzolin MILAN (Reuters) – Italian luxury sneaker brand Golden Goose reported a 30% rise in revenues last year and sees scope for further growth by expanding beyond its core product…
Italy’s Illycaffe aims to make a bigger splash in the U.S. market, CEO says
By Elisa Anzolin MILAN (Reuters) – Italian premium coffee maker Illycaffè, which reported a 16% increase in operating profit last year despite cost inflation, aims to expand in the United States, already…
Stellantis, unions agree on layoffs, hiring at Italy’s Atessa plant
MILAN (Reuters) – Italian metalworkers unions said on Wednesday they had reached an agreement with Stellantis for up to 120 layoffs through voluntary redundancies at the group’s Atessa van-making plant in the…
Italy’s language watchdog says ‘no’ to gender-neutral symbols
By Alvise Armellini ROME (Reuters) – Italy’s courts should stick to tradition and avoid the novelty of gender-neutral symbols in official documents, according to the institution that acts as the guardian of…
Italy’s market for ‘green’ tax credits starts to thaw
By Valentina Za MILAN (Reuters) – Bargain-hunters are venturing back into Italy’s market for “green” tax credits, lured by heavily discounted assets and better legal protection against the consequences of possible fraud.…
Italy’s highest court orders new trial for U.S. tourists over policeman’s murder
By Marco Carta ROME (Reuters) – Italy’s highest court late on Wednesday ordered two American tourists to stand a new trial for the 2019 killing of a policeman in central Rome following…
Italy’s Leonardo set to benefit from higher defence spending
ROME (Reuters) – Italy’s Leonardo said on Friday it was set to benefit from higher defence spending following the Russian invasion of Ukraine and that orders for the current year were spread…
Italy’s Eni and CFS speed up plans for fusion energy
MILAN (Reuters) – Italian energy group Eni and U.S.-based Commonwealth Fusion System (CFS) signed a new collaboration agreement on Thursday to accelerate the industrialisation of nuclear fusion energy. The two partners, which…
Italy’s Visco raps ECB colleagues in widening hawk-dove divide
By Gavin Jones ROME (Reuters) – European Central Bank governing council member Ignazio Visco on Wednesday criticized some fellow policymakers for comments on future interest rates that diverged from what had been…
Italy’s manufacturing sector sees growth pick up in Feb -PMI
ROME (Reuters) – Growth in Italy’s manufacturing sector gathered speed in February, helped by a rise in output and a return to expansion of new orders as inflation fears recede, a survey…
After One Hundred Days, Italy’s Right-Wing Prime Minister’s Popularity Surpasses Joe Biden
After One Hundred Days, Italy’s Right-Wing Prime Minister’s Popularity Surpasses Joe Biden Lorenzo Prieto on February 16, 2023 Giorgia Meloni became Italy’s first female prime minister over 100 days ago and is…
Breaking News
