Day: January 29, 2025

46 Million Euros Seized from Italian FedEx Unit in Tax Fraud Probe

Milan: Italian police have seized 46 million euros from the Italian unit of US-based FedEx as part of an investigation into alleged tax fraud connected to ‘reservoirs of workers’ purportedly employed without benefits. The Economic and Financial Police…

Italian Business and Consumer Confidence Up Says Istat

Rome: Istat said Wednesday that its business-confidence index rose for the second month in a row in January, rising from 95.3 to 95.7 and taking it back up to the level of April 2024.

According to Ansa News Agency, the national statistics agency ad…

Mattarella Meets Italy’s Triumphant Tennis Teams

Rome: President Sergio Mattarella on Wednesday received the Italian men’s and women’s tennis teams that triumphed in the 2024 Davis Cup and BJK Cup at the Quirinal Palace in Rome.

According to Ansa News Agency, the head of State also paid his compli…

Italy’s 2024 Exports Reach Record High of Over 305 Billion Euros

Rome: Italy’s exports achieved their highest level in more than a decade in 2024, as reported by Istat on Wednesday. The total exports amounted to over 305 billion euros by the end of December, marking a significant milestone since Istat began recordi…