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 right poised to win regional vote after national triumph
By Crispian Balmer ROME (Reuters) – Italy’s two most important regions hold elections this weekend that will provide Prime Minister Giorgia Meloni and her right-wing allies with their first ballot-box test since…
Italy’s CDP sounds out banks, funds on rival bid for TIM grid, sources say
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Italian state lender CDP is sounding out banks that could help finance its offer for Telecom Italia’s landline grid while also speaking to…
Goldman Sachs among investors interested in financing Italy’s Serie A – sources
MILAN (Reuters) – Goldman Sachs is one of various fund and bank investors that have expressed interest in financing the growth of the media business of Italy’s top-flight soccer league, two people…
Italy’s pandemic recovery plan must halt demographic “tsunami” in south – ISTAT
(Reuters) – Italy’s south is on track for a “demographic tsunami” if it fails to capitalise on European Union pandemic recovery funds to bridge the gap with the productive north, statistics bureau…
Italy’s Intesa convinces investors on payouts
By Valentina Za MILAN (Reuters) -Italy’s top bank Intesa Sanpaolo has convinced investors of its ability to reward them, lifting its shares on Monday after they were hit by concerns about regulatory…
Italy’s Enel X partners with Toyota on electric mobility
ROME (Reuters) – Enel X Way, the e-mobility division of Italy’s biggest utility Enel, will make available its domestic and street charging services to Toyota and Lexus drivers, Enel and Toyota said…
Air France says it won’t bid for Italy’s ITA Airways
PARIS (Reuters) – Air France-KLM said on Wednesday it had informed the Italian government it would not bid for an equity stake in its flag carrier ITA Airways. Sources earlier this month…
Illness is what ultimately snared Italy’s top Mafia fugitive
By Alvise Armellini ROME (Reuters) – Failing health, more than anything else, is what brought to an end 30 years of life as a fugitive for Matteo Messina Denaro, Italy’s most wanted…
Italy’s Eni, Esso offices raided in antitrust probe over fuel price breaches
MILAN (Reuters) – Italy’s antitrust authority said on Monday the offices of several oil companies, including Italy’s Eni and Exxon Mobil Corp’s ESSO Italiana unit, have been searched over alleged fuel price…
Italy’s services sector broadly stable in December- PMI
ROME (Reuters) – Italy’s services sector registered broadly stable activity in December, a survey showed on Wednesday, holding up better than expected as new business grew for the first time since June.…
Italy’s Meloni takes issue with ECB, euro zone’s bailout fund
By Gavin Jones and Angelo Amante ROME (Reuters) – Italian Prime Minister Giorgia Meloni took aim at the EU’s financial institutions on Thursday, telling the European Central Bank (ECB) to be more…
Italy’s parliament gives final approval to government’s 2023 budget
ROME (Reuters) – The Italian government on Thursday comfortably won a vote of confidence in the Senate over its expansionary 2023 budget, obtaining parliament’s final approval of the package a few days…
TIM’s board indicates Italy’s telecoms lobby head as director – sources
MILAN (Reuters) – Telecom Italia (TIM) board has indicated Italy’s telecoms lobby chief Massimo Sarmi as a new director, two sources with knowledge of the matter said. A former TIM general manager…
ECB sets core capital threshold for Italy’s Intesa at 8.88% from 8.81%
MILAN (Reuters) – The European Central Bank has set the minimum threshold for Intesa Sanpaolo’s core capital at 8.88% for next year, fractionally higher than the current 8.81% requirement, Italy’s biggest bank…
EU Commission approves Italy’s 2023 draft budget despite reservations
BRUSSELS (Reuters) -Italy’s draft 2023 budget draft, drawn up by its new government, is overall in line with policies agreed by EU governments, the European Commission said on Wednesday, noting that it…
Italy’s Eni eyes biorefinery in Malaysia with Petronas, Euglena
MILAN (Reuters) – Italian energy group Eni is studying the possibility of developing and operating a biorefinery in Malaysia together with Japan’s Euglena and Malaysia’s Petroliam Nasional Berhad (Petronas), the three groups…
Italy’s Equita hires Lazard banker Schiavina
MILAN (Reuters) – Italian boutique investment bank Equita has hired former Lazard banker Edoardo Schiavina as managing director to strengthen its industrial advisory team, it said on Tuesday. Schiavina joins Milan-based Equita…
Italy’s Meloni and daughter targeted by online death threat
ROME (Reuters) – Italian Prime Minister Giorgia Meloni and her 6-year-old daughter have received online death threats from an unemployed man angry over government plans to cut an anti-poverty subsidy, police said…
Italy’s Meloni may water down cash payments plan after EU talks
ROME (Reuters) – Italy’s Prime Minister Giorgia Meloni said on Sunday that she may water down plans to make it easier to settle small payments with cash rather than cards, following talks…
Italy’s govt has not clarified whether CDP will bid for TIM’s grid – union official
ROME (Reuters) – Italy’s government has not clarified with unions whether state lender Cassa Depositi e Presitit (CDP) would submit a preliminary offer for Telecom Italia’s landline grid by a Nov. 30…
Leonardo, Iveco win Brazil order worth up to 2 billion euros, Italy’s defence minister says
MILAN (Reuters) -A consortium of defence group Leonardo and commercial vehicle maker Iveco has won an order to supply Brazil’s army with 220 armoured vehicles worth up to 2 billion euros ($2.08…
Italy’s TIM to close offices on Fridays under new work from home policy
MILAN (Reuters) – Telecom Italia (TIM) will keep its offices across Italy closed on Fridays as part of a deal with unions to expand home working, cut energy costs and improve work-life…
Italy’s Cucinelli and EssilorLuxottica sign eyewear license accord
MILAN (Reuters) – Brunello Cucinelli signed an exclusive license deal with French-Italian glasses maker EssilorLuxottica for the design, manufacture and distribution of eyewear under the Italian luxury group’s brand, the two companies…
Italy’s Monte dei Paschi says cash call 96.3% covered
By Valentina Za MILAN (Reuters) -Investors in Monte dei Paschi di Siena have taken up 96.3% of the Italian lender’s 2.5 billion euro ($2.4 billion) new share issue, leaving less than 100…
Italy’s Leonardo raises FY orders guidance after strong nine months
ROME (Reuters) -Italy’s state-controlled defence group Leonardo on Thursday raised its full-year guidance after reporting a sizeable jump in orders during January-September. In that period, new orders rose by 26.8% year-on-year to…
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