Business news from Italy: archives - Page 28 of 37

Business and Economy round-up. Petrol station

Business and Economy round-up: 1st August 2023

August 1, 2023August 1, 2023Deborah CaterLeave a Comment

A round-up of the top business and economy news on 1st August 2023.

Crosetto pictured says Belt and Road Initiative with Chins was an atrocious mistake. Lebanon support will continue, says Crosetto

Italy seeking to leave ‘atrocious’ China Belt and Road Initiative

July 31, 2023July 31, 2023Deborah CaterLeave a Comment

The defence minister Guido Crosetto says Italy is looking to leave the ‘improvised and atrocious’ decision to join China’s Belt and Road Initiative (BRI) made in 2019.

Fifth worker dies of heat related causes. Image shows worker under the sun.

Fifth worker dies from heat-related causes

July 24, 2023July 24, 2023Deborah CaterLeave a Comment

A fifth worker dies of heatwave-related causes in Italy over the last two weeks. The 50-year-old man from Tunisia died on Monday, trade union CGIL said today.

Real-term wages are falling. Image relates to minimum wage with hands holding low denomination euro notes and coins.

Minimum wage “discussion” continues amongst politicians

July 22, 2023July 22, 2023Deborah CaterLeave a Comment

Civil Protection Minister Nello Musumeci came under fire on Friday after saying the minimum wage proposed by opposition parties is a form of welfarism. His solution to low wages: to work.

Italian work permits to increase for non-eu workers

Italy to grant 425k work permits to non-EU nationals

July 9, 2023July 9, 2023Deborah CaterLeave a Comment

Italy will grant more work permits to non-EU workers from now until 2025. There have been complaints of a lack of skilled workers. Meanwhile, the government is cracking down on illegal immigrants crossing the Mediterranean.

PM Meloni at Assolombarda conference stated Italy's economy is mmost reliable in Eurozone.

Italy’s economy most reliable in Eurozone – Meloni

July 3, 2023July 3, 2023Deborah CaterLeave a Comment

Italy’s economy is growing “beyond expectation”, making it the most reliable country in the Eurozone, Premier Giorgia Meloni said on today.

Image of ITA Airways Airbus. In June, Italy's audit court approved the ITA-Lufthansa deal.

Audit Court approves ITA-Lufthansa deal

June 16, 2023June 16, 2023Deborah CaterLeave a Comment

Today, Italy’s audit court approved the agreement to sell a minority stake in ITA Airways to the German flag carrier Lufthansa. The ITA-Lufthansa deal is worth over €300million.

Lufthansa to buy 41% of ITA Airways

May 26, 2023May 26, 2023Deborah CaterLeave a Comment

Lufthansa is to buy 41% of ITA Airways via a 325-million-euro capital increase, the German carrier said on Thursday. It reached an agreement with the Italian economy ministry to acquire a minority stake.

Net loss of 80,000 graduates from Italy in last decade

May 10, 2023May 10, 2023Deborah CaterLeave a Comment

Italy lost 80,000 young graduates in the last decade, according to a survey presented today. At a new observatory on tomorrow’s world of work, the report highlighted Italy’s ‘brain drain’ and NEET issue.

ChatGPT available again in Italy

April 30, 2023June 26, 2023Deborah CaterLeave a Comment

ChatGPT was banned by the Italian data-protection authority over privacy concerns. A deadline of 30th April was set to meet certain criteria. OpenAI which makes the software, states it now meets all criteria and ChatGPT is available once again in Italy.