Business news from Italy: archives - Page 20 of 37

Accenture to acquire Fibermind

June 20, 2024June 20, 2024Deborah CaterLeave a Comment

Accenture will acquire Fibermind, an Italian network services company specialising in fibre and mobile 5G networks deployment, for an undisclosed amount.

agricultural production down in 2023. Image shows harvesting of grapes

Agricultural production down in 2023 due to weather events

June 19, 2024June 19, 2024Deborah CaterLeave a Comment

Italian agricultural production declined last year as wine, fruit, and olive oil output were significantly impacted by extreme weather events linked to climate change, according to national statistics bureau ISTAT on Tuesday.

Italian competition authority fines Meta €3.5million

June 5, 2024June 5, 2024Deborah CaterLeave a Comment

The Italian Competition Authority (AGCM) announced on Wednesday that it has imposed a fine of €3.5million on Meta Platforms Ireland Ltd. and its parent company Meta Platforms Inc.

Mirafiori factory where Fita 500 model is made

Stellantis expected to announce new Fiat 500 model made in Italy

May 27, 2024May 27, 2024Deborah CaterLeave a Comment

Stellantis CEO Carlos Tavares is expected to announce that the fully electric Fiat 500 model will soon have a gasoline version with a mild hybrid powertrain, according to supplier information.

Palermo where assets were frozen over EU Funds Fraud De Xerones - Flickr, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=1613555

Italy freezes assets over EU funds fraud

May 24, 2024May 24, 2024Deborah CaterLeave a Comment

A Palermo judge freezes assets of individuals and companies suspected of EU funds fraud. The freezing order totalled over €15million.

Image of one of the latest Topolinos design. Image courtesy of Stellantis.

Guardia di Finanza seize Moroccan produced Topolinos

May 20, 2024May 20, 2024Deborah CaterLeave a Comment

Italy’s financial police have seized numerous Fiat Topolinos, which were found to carry the national flag despite being assembled in Morocco.

ITA and Lufthansa need to do more before EC agrees merger

May 15, 2024May 15, 2024Deborah CaterLeave a Comment

The latest commitments offered by ITA and Lufthansa to gain approval for their merger still fall short of satisfying the European Commission. However, there is time until the final decision on 4th July for enhancements to be made in order to receive the green light.