Business
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Only 17.7% of Uncovered Tax Evasion Collected in Italy, Audit Court Reveals
Rome: Only 17.7% of the tax evasion uncovered in Italy is actually collected, the Audit Court said Monday. Out of…
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UniCredit Boosts Stake in Commerzbank to 26%
Milan: Italy’s second-largest bank, UniCredit, has announced an increase in its stake in Germany’s third-largest lender, Commerzbank, to 26%. Despite…
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UniCredit Raises Stake in Commerzbank, Sparks Response from German Government
Berlin: UniCredit’s decision to increase its stake in Commerzbank to 26% has been labeled as a hostile and uncoordinated move…
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Salvini Criticizes Scrapping of Vaccine Panel, Calls Doubts on Mandatory Vaccinations Common Sense
Milan: Having doubts about mandatory vaccinations is common sense, right-wing League party leader, Deputy Premier and Transport Minister Matteo Salvini…
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Italy Closes In On France As Bond Spread Hits Record Low
Rome: The spread between Italian and French ten-year government bonds briefly fell on Monday to less than 10 basis points,…
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Ex-ILVA Steelworks in Taranto Set for Major Overhaul to End Steel Monoculture
Taranto: The former ILVA steelworks in Taranto, Puglia, is poised for a significant transformation as a special commissioner is appointed…
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Italy’s ‘Acquired’ Inflation Rate for 2025 Set at 1.7%
Rome: Italy’s ‘acquired’ inflation rate for 2025 is projected to be 1.7%, according to Istat. The national statistics agency released…
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July Shopping Basket Price Growth Up to 3.2% from 2.8%
Rome: In July, the annualized rate of change in prices for food, household, and personal care products, collectively referred to…
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Italian Exports Surge by 4.9% in June, Boosted by US Trade
Rome: Italian exports experienced a significant increase of 4.9% year-over-year in June, primarily driven by robust trade with the United…
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Accept Berlusconi Family MFE’s Offer – Prosieben Board
Munich: The board of Germany’s ProSiebenSat.1 network has advised its shareholders to accept a cash-and-share takeover bid from the Berlusconi…
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