Business news from Italy: archives - Page 12 of 37

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.

Italy is in talks with SpaceX over a telecoms deal. Credit: Getty Images

Italy in talks with SpaceX over €1.5 Billion telecoms deal

January 6, 2025January 6, 2025Deborah CaterLeave a Comment

Italy is negotiating a €1.5 billion agreement with Elon Musk’s SpaceX for secure telecoms, Reuters reported on Sunday.

EPPO charges individuals and cquaculture fraud

EPPO charges companies re €4million Aquaculture Fraud

January 3, 2025January 3, 2025Deborah CaterLeave a Comment

The European Public Prosecutor’s Office (EPPO) in Rome has charged nine individuals and five companies with aggravated fraud related to €4 million in funds intended for the aquaculture sector. The funding was sourced from the European Maritime and Fisheries Fund (EMFF).

Chiara Ferragni at the centre of a row over her Pandoro and donation to charity.

Ferragni Donates €200,000 to Gender Violence Victims

December 29, 2024December 29, 2024Deborah CaterLeave a Comment

Italian influencer and entrepreneur Chiara Ferragni has donated €200,000 to victims of gender violence amidst an ongoing fraud investigation. The donation is part of an agreement with consumer rights group CODACONS, which has now withdrawn its criminal complaint and stood down as a civil plaintiff in the case.