Business news from Italy: archives - Page 36 of 37

Judicial reform to go t referendum. Justice system moves at snail-pace in Italy

Italy’s justice system one of the slowest in Europe

July 8, 2021July 8, 2021Deborah CaterLeave a Comment

The European Commission’s annual justice scoreboard places Italy’s justice system among the slowest in Europe. It takes over 1,300 days for decisions at third-instance courts.

Italian watchdog probes TIM sports streaming deal

July 8, 2021July 8, 2021Deborah CaterLeave a Comment

Italy’s antitrust regulator said on Thursday it had opened an inquiry into a deal between sports streaming app DAZN and Telecom Italia (TIM) on Serie A matches to assess whether it would damage competition.

tourism labour shortage affects Italy and rest of Europe

Tourism labour shortage in Italy

July 5, 2021July 5, 2021Deborah CaterLeave a Comment

The tourist industry should be enjoying the return of visitors now many covid restrictions have been lifted. Instead, they find themselves facing an unexpected problem – a tourism labour shortage.

Is the Five Star Movement imploding?

June 30, 2021July 5, 2021Deborah CaterLeave a Comment

The Five Star Movement in Italy looked to upset the political applecart when it first arrived on the scene. After an initial momentum, the party appears to have lost its way.

Fiumicino airport domestic routes are being grabbed by budget airlines. Image from wikipedia

Budget airlines swoop in on Alitalia domestic routes as ITA remains grounded

June 15, 2021July 13, 2021Deborah CaterLeave a Comment

The launch of ITA, Alitalia’s successor, remains something of an unknown. Meanwhile, budget airlines Ryanair and Wizz Air are wasting no time in grabbing Italy’s domestic routes.

Green deal between a2a and Ardian worth over €4billion

€4.5billion green deal between A2A and Ardian

June 9, 2021July 4, 2021Deborah CaterLeave a Comment

Italian utility company A2A joins with investment fund Ardian in a€4.5billion green deal. The cash-and-asset deal will create Italy’s second largest green energy provider.

Ryanair to appeal against funding for Alitalia’s replacement

June 5, 2021July 13, 2021Deborah CaterLeave a Comment

Ryanair will appeal against funds made available to the government-owned Italian airline that will replace Alitalia. Ryanair considers the funding to be illegal state support, the chief executive of the Irish carrier said on Saturday.

Italy regains control of its motorways. CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=178156

Control of motorways back in Italy’s hands

June 1, 2021July 13, 2021Deborah CaterLeave a Comment

A majority of Atlantia’s investors on Monday backed the sale of the group’s stake in its motorways unit to Italian state lender CDP and allies. The offer of €9.3billion will see the end of dispute triggered by the fatal collapse of the Morandi bridge, Genoa, in 2018.

Generali looks to strengthen domestic market share

June 1, 2021March 22, 2024adminLeave a Comment

MILAN – Italy’s biggest insurer Assicurazioni Generali on Monday said it would launch a €1.17billion euro ($1.4 billion) buyout offer for smaller rival Cattolica. This would further strengthen its domestic market share. Consolidation was on the cards for Italy’s insurers when Intesa Sanpaolo took over rival lender UBI last year to build a banking and […]

ITA, state-owned successor to Alitalia, won’t start flying until September

May 22, 2021July 13, 2021Deborah CaterLeave a Comment

Italia Trasporto Aereo (ITA), the state-owned Italian airline, will start flying in September, missing the peak summer season reported Corriere della Sera.