Business news from Italy: archives - Page 32 of 37

107% tariff on Italian pasta could see end of exports to US. Food inflation was 7.1% in May 2022

Food inflation rises by 7.1% in Italy

June 4, 2022June 4, 2022Deborah CaterLeave a Comment

Food inflation is affecting the entire food chain, agricultural entity Coldiretti states. Food prices rose by an average 7.1% in May, Istat figures show.

Coalition reaches agreement on beach establishments

May 26, 2022May 26, 2022Deborah CaterLeave a Comment

The government coalition reached an agreement on the liberalization of Italy’s beach establishments. It is part of the reforms pledged by Italy in exchange for EU grants and low-interest loans.

Campari plans new bars to for its famous aperitifs

May 12, 2022May 12, 2022Deborah CaterLeave a Comment

Campari plans to open several flagship bars for its best-selling spirits in Europe and beyond. First quarter results showed higher sales due to soaring demand for Aperol and Campari.

Employment rose in March 2022 except for those aged under 25

May 2, 2022May 2, 2022Deborah CaterLeave a Comment

ISTAT reports Italy’s employment rate reached 59.9% in March. That equates to 23.04million people employed, the highest since this statistical series record started in 2004.

President Mattarella makes Labour Day speech

Labour Day Speech – President says “The goal is to have zero [workplace] deaths”

May 1, 2022May 1, 2022Deborah CaterLeave a Comment

Sergio Mattarella celebrates Labour Day on 1st May with a speech to parliament. He says the goal is to have zero workplace deaths. This comes after a spate on deaths over the last year. He also referenced the impact of the Russian war with Ukraine on the economy.

Train conductor wrongfully dismissed. Image: corriere.it

Enthusiastic Train Conductor Wrongfully Dismissed

April 26, 2022April 26, 2022Deborah CaterLeave a Comment

An Italian train conductor who issued 5,000 fines was wrongfully dismissed a court ruled. Francesco Bonanno was accused of terrorising passengers by working with ‘uncommon zeal’.

gas refinery. Italy seals deal with Congo

Italy seals gas deal with Republic of Congo

April 21, 2022April 21, 2022Deborah CaterLeave a Comment

Italy and the Republic of Congo on Thursday signed an accord to increase the supply of gas from the African country to Italy. Foreign Minister Luigi Di Maio says it is urgent to cut its reliance on Russian gas.

Algeria to become Italy's largest gas supplier

Italy agrees deal with Algeria for extra supply of gas

April 12, 2022April 12, 2022Deborah CaterLeave a Comment

Algeria is set to overtake Russia as Italy’s largest gas supplier. On Monday, Italian Prime Minister Mario Draghi agreed a deal as Rome looks for a replacement of the Russian gas.

Forbes Rich List 2022 - Giovanni Ferrero

Forbes Rich List 2022: Italy’s Richest People

April 5, 2022April 5, 2022Deborah CaterLeave a Comment

The Forbes Rich List 2022 has been released. Italy has 15 entrants with estimated worth ranging from 36.2 to 3.8 billion dollars.

Expo 2020 – Italy Pavilion received over 1.6million visitors

April 1, 2022April 1, 2022Deborah CaterLeave a Comment

The Italy Pavilion at Expo 2020 Dubai closed its doors for the final time on Thursday. It attracted 1,619,790 visitors during the six-month World Fair, the first to take place in the Middle East.