Category: Business

Italian Exports Experience Slight Decline of 0.4% in 2024

Rome: Italian exports dropped by 0.4% in 2024 compared to the previous year, with a decrease of 1.9% in exports to EU countries but an increase of 1.2% in exports to non-EU countries. Imports saw a reduction of 3.9%, with a decrease of 2.2% for EU cou…

Mediobanca 6-Month Profit Up 8% to Record 660 Million Euros

Milan: Italy’s premier merchant bank Mediobanca on Monday reported a six-month profit increase of 8%, reaching a record 660 million euros. The Milan-based investment bank is currently under a takeover bid by Italy’s third-largest bank, Monte dei Pasch…

Mediobanca 6-Month Profit Up 8% to Record 660 Million Euros

Milan: Italy’s premier merchant bank Mediobanca on Monday reported a six-month profit increase of 8%, reaching a record 660 million euros. The Milan-based investment bank is currently under a takeover bid by Italy’s third-largest bank, Monte dei Pasch…

UniCredit Acquires 4.1% Stake in Generali

Milan: UniCredit announced in a statement on Sunday that it has acquired a 4.1% stake in Italy’s leading insurance company, Generali. The acquisition was made through market purchases over an unspecified period.

According to Ansa News Agency, UniCred…