AGCM alleges third-party cloud providers are locked out of iOS backup features freely available to Apple’s own service – iCloud. This is the Italian regulator’s first exercise of Digital Markets Act powers.
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The premier used her address to Italy’s retailers association to set out her government’s economic priorities. She promised more tax cuts for middle earners, a crackdown on phantom businesses, and a defence of the high street against the online giants.
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A trio of fresh data releases paints a mixed picture of the Italian economy. There is strong momentum in property and manufacturing, but a sharply higher energy bill on the horizon.
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Deputy Premier Matteo Salvini has publicly demanded that Intesa Sanpaolo and UniCredit banks contribute a share of their combined €20 billion in projected profits to the national interest. He intimated that the government intends to press the banking sector on redistributive grounds — and sending shares in both institutions briefly lower.
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Giorgetti hails “unthinkable” breakthrough. The European Commission has accepted Italy’s request to expand the national safeguard clause in the Stability and Growth Pact beyond defence spending to cover energy resilience measures. This follows weeks of intensive negotiations driven by the price shock triggered by the war in Iran.
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Istat’s latest survey delivers a mixed picture of the Italian economy. Consumer confidence is more optimistic than analysts expected, but firms less so, as the government operates with a sharply reduced growth forecast.
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The Prime Minister used her annual speech to Confindustria to renew her assault on Brussels’ regulatory culture, calling it a bureaucratic behemoth, and pledge domestic reform.
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Italy’s main employers’ federation, Confindustria, used its annual assembly to challenge both government and opposition to act together on tax burden and public spending reform. They want to put business back at the centre of economic policy and recommend a €20billion reallocation.
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Cristina Cati, creator of the Modoro brand, has won a landmark legal battle against the Swedish furniture giant Ikea. One of her illustrations was reproduced without consent and used to decorate a store near Bologna.
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The Italian watchdog is examining whether food delivery platforms Glovo and Deliveroo misled consumers about their treatment of riders. This is the latest regulatory action in a sustained Italian scrutiny of gig economy labour practices.
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