Business news from Italy: archives - Page 15 of 37

European Commission Lowers Italy’s GDP Growth Forecasts

November 16, 2024November 16, 2024Deborah CaterLeave a Comment

The European Commission released its autumn economic forecasts on Friday, revising its projections for Italy’s GDP growth.

VAT fraud of hundreds of millions uncovered in Italy

Anti-Mafia probe uncovers huge €250million VAT fraud

November 15, 2024November 15, 2024Deborah CaterLeave a Comment

The State Attorney’s Offices in Palermo and Milan, along with the European Public Prosecutor’s Office (EPPO), have uncovered a criminal organisation linked to the Mafia and Camorra. The organisation allegedly evaded hundreds of millions in the VAT fraud, investigative sources revealed on Thursday.

CGIL Present Landini calls for social revolt

CGIL union calls for “real social revolt”

November 6, 2024November 6, 2024Deborah CaterLeave a Comment

CGIL leader Maurizio Landini, head of Italy’s largest left-wing trade union, called for a “real social revolt” on Wednesday.

ITA Lufthansa merger has stalled

November 5, 2024November 5, 2024Deborah CaterLeave a Comment

The ITA and Lufthansa merger talks stalled overnight, putting the merger agreement on hold. The Italian economy ministry (MEF), which owns ITA Airways—the successor to Alitalia—reportedly rejected Lufthansa’s request to reduce the agreed purchase price of 829 million euros for full acquisition, according to Corriere della Sera.

Italy Faces Surge in Cyber Attacks Amidst Snooping Scandal – Piantedosi

November 1, 2024November 1, 2024Deborah CaterLeave a Comment

Since early 2022, Italy has faced approximately 33,000 major cyber attacks, according to Interior Minister Matteo Piantedosi, who addressed the Senate on Thursday.

economic roundup. Image credit: Istok by Getty Images

Economic Roundup – Italy

October 31, 2024October 31, 2024Deborah CaterLeave a Comment

With the latest data released, the economic roundup shows movement in key statistics.

Policeman admits obtaining data for Carmine Gallo

October 31, 2024October 31, 2024Deborah CaterLeave a Comment

Police officer Marco Malerba admitted to a Milan judge on Thursday that he illegally obtained data at the alleged request of his “boss,” former supercop Carmine Gallo. This according to investigative sources.

Gang of hackers allegedly infiltrated ACN. redit: Foto de Antoni Shkraba: https://www.pexels.com/es-es/foto/ordenador-portatil-teclear-escribir-en-el-ordenador-escribir-a-maquina-5475752/

Gang of hackers allegedly helped fugitives hide

October 30, 2024October 30, 2024Deborah CaterLeave a Comment

Some clients of a suspected gang of hackers allegedly knew their “requested investigations” were illegal, according to Carabinieri in Varese. These clients may have helped the hackers avoid repercussions, the police stated in court documents released on Wednesday.

Meloni schedules talks with unions and business leaders over budget

October 29, 2024October 29, 2024Deborah CaterLeave a Comment

Premier Giorgia Meloni has scheduled talks with Italy’s business and union leaders at Palazzo Chigi to discuss the 2025 budget.

Hacking gang suspected of macking over #million euros in iliicit profts

More than €3million in illicit profit by hacking gang

October 28, 2024October 28, 2024Deborah CaterLeave a Comment

The Milan Anti-Mafia Investigative Directorate (DDA) reports a suspected hacking gang made over €3.1 million in illegal profits. They allegedly obtained confidential information on business, political, and entertainment figures.