Business news from Italy: archives - Page 12 of 37

The potential for a trade war as Trump threatens EU with tough tariffs. US tariffs hit Italy hard

Trump threatens next tariffs are for Europe

February 3, 2025February 3, 2025Deborah CaterLeave a Comment

US President Donald Trump has threatened to impose tariffs on European goods, escalating tensions between Washington and Brussels. His announcement caused the euro to hit a two-year low against the dollar, trading at 1.0141 before recovering slightly to 1.023.

photo of abottle of 100% Italian Extra Virgin Olive Oil

Puglia’s Extra Virgin Olive Oil Exports Surge

January 31, 2025January 31, 2025Deborah CaterLeave a Comment

Extra virgin olive oil from Puglia is a staple for nine out of ten families in the region. Meanwhile, in 2024, global exports soared by 60% compared to 2023

View of employment. Credit: Shutterstock

Italy’s Economic Growth and Employment in Late 2024

January 30, 2025January 30, 2025Deborah CaterLeave a Comment

Italy’s economy and employment showed mixed results in late 2024, with some areas stable and others slowing down.

Chiara Ferragni indicted over alleged fraud. Imsge credit: https://www.instagram.com/chiaraferragni/

Chiara Ferragni indicted for alleged fraud

January 29, 2025January 29, 2025Deborah CaterLeave a Comment

Italian fashion influencer and entrepreneur Chiara Ferragni was indicted over alleged fraud linked to charity-themed Christmas and Easter products, her defence team confirmed on Wednesday.

Amerigo Vespucci, tall ship. Credit: By Harley D. Nygren - NOAA's America's Coastlines Collection, Image ID: corp2248 ([1]), Public Domain, https://commons.wikimedia.org/w/index.php?curid=735566

Amerigo Vespucci and Villaggio Italia in Saudi Arabia

January 27, 2025January 27, 2025Deborah CaterLeave a Comment

The historic Italian Navy training vessel Amerigo Vespucci and the Villaggio Italia, a multi-year travelling exhibition of Made in Italy excellence, are making a landmark stop in Jeddah, Saudi Arabia, from 27 to 31 January.

Bank Monte dei Paschi di Siena By Herbert Frank from Wien (Vienna), AT - Siena, Piazza Salimbeni (Bank Monte dei Paschi di Siena), CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=65265670

Monte Paschi’s Bold Move to Acquire Mediobanca

January 25, 2025January 25, 2025Deborah CaterLeave a Comment

Banca Monte dei Paschi di Siena SpA, the world’s oldest bank, shocked Italy with its bid to acquire larger rival Mediobanca SpA.

Fake hospitality reviews to be curbed by draft law. Credit: Photo by Theo McInnes. Courtesy of Vice UK

Draft law to curb fake hospitality reviews

January 16, 2025January 16, 2025Deborah CaterLeave a Comment

In a bid to ensure transparency and fairness in the digital age, Italy’s government unveiled a draft law on Tuesday aimed at curbing fake reviews in the hospitality sector, Reuters reported.

Lufthansa agreement finalised

January 16, 2025January 16, 2025Deborah CaterLeave a Comment

On Wednesday, Italy and Lufthansa finalised an agreement that sees the German airline acquiring a minority stake in ITA Airways. The state-owned airline, which succeeded Alitalia, will now operate under Lufthansa’s management.

Italian economy headed for a tough year Italian debt misses EU target

Italian economy sends mixed signals

January 15, 2025January 15, 2025Deborah CaterLeave a Comment

Italy’s business sector has further downgraded its economic outlook, according to the Bank of Italy’s latest Inflation and Growth Expectations Survey, released on Tuesday. Istat also released their note on the Italian economy for November and December.

No signed Starlink deals between Italy and SpaceX, says PM’s Office

January 7, 2025January 7, 2025Deborah CaterLeave a Comment

Premier Giorgia Meloni’s office dismissed reports of a deal between Italy and Elon Musk’s SpaceX Starlink programme as “ridiculous” on Monday. The denial followed speculation that talks with US President-elect Donald Trump included discussions about SpaceX.