Business
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Saipem Q1 Profit Jumps to 77 Million Euros
Milan: Saipem closed the first quarter with a 35% increase in net profit, reaching 77 million euros, the Italian oil…
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IMF Reduces Italy’s 2025 GDP Growth Forecast to 0.4%
Rome: The International Monetary Fund (IMF) announced a revision of its 2025 GDP growth forecast for Italy, decreasing it to…
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UniCredit Criticizes Government’s Conditions for Banco BPM Takeover Approval
Rome: UniCredit on Tuesday blasted the conditions the government has put on approval for the bank's bid to take over…
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Tariffs and Economic Uncertainty Projected to Impact Italy’s GDP Growth
Rome: Tariffs and ongoing economic uncertainty are projected to negatively affect Italy's GDP growth by 0.2 percentage points in 2025…
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US Tariffs Threaten 68,000 Jobs in Italy
Rome: Some 68,000 jobs are at risk in Italy due to US President Donald Trump's tariffs, the Parliamentary Budget Office…
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Rigid Rules, Europe and US Cars at Risk Says Elkann
Amsterdam: Rigid rules on carmaking and the Green transition are threatening US and European carmaking, Stellantis President John Elkann told…
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Milan Bourse Closes 2.39% Up Amid Mixed Tariff Signals
Milan: The Milan bourse closed 2.39% up with the FTSE-Mib index rising to 35,843 points amid mixed signals regarding tariffs…
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Disappointing 2024 for Stellantis, CEO by Mid-2025: Elkann
Amsterdam: 2024 was disappointing for Stellantis, President John Elkann told the annual shareholders meeting in Amsterdam Tuesday adding that a…
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