business archivos - Page 5 of 7

TikTok fined €10million by antitrust authority

March 14, 2024March 14, 2024Deborah CaterLeave a Comment

Italy’s Antitrust Authority imposed a €10million fine on video-sharing social media giant TikTok for its failure to adequately safeguard minors from potentially harmful content.

Three companies show substantial increases in turnover in 2023.

TIM, Essilux & Ferrero post impressive increases in turnover

February 15, 2024February 15, 2024Deborah CaterLeave a Comment

Ferrero announce turnover up by 20% in 2023. Similarly, the Italian telecoms giant TIM announced a 31% increase in earnings in 2023, whilst EssilorLuxottica announced a 14% increase in profits.

Lollabrigida meeting farmer protest groups

Lollabrigida is meeting farmer protest groups

February 8, 2024February 8, 2024Deborah CaterLeave a Comment

Agriculture Minister Francesco Lollobrigida said today he had met and was continuing to meet farmer protest groups. Agricultural Redemption earlier said they would allow their tractors to roam free in the capital Saturday unless the minister replied to their ultimatum by midday on that day.

Italy first to open Expo 2025 worksite

February 6, 2024February 6, 2024Deborah CaterLeave a Comment

In a bilateral meeting between Premier Giorgia Meloni and Japanese Prime Minister Fumio Kishida for the handover of the G7 duty presidency, the next Universal Exposition in Osaka in 2025 (Expo 2025) was a key topic of discussion.

Bottle of prosecco in the snow Image by Janusz Walczak from Pixabay

Sparkling year for Italian spumante

January 1, 2024January 1, 2024Deborah CaterLeave a Comment

In 2023, Italian spumante will have outsold champagne with an estimated 95million bottles uncorked in Italy during the festive season, compared to around 6million bottles of Champagne.

Italian economy is at a standstill. Image credit : Image by masadepan on Freepik

Italian economy almost at a standstill and debt grows

December 16, 2023December 16, 2023Deborah CaterLeave a Comment

The Italian economy is in stagnation and in the fourth quarter of 2023 GDP growth is almost at a standstill, Italy’s leading industrial association Confindustria said today.

Campari to buy Courvoisier for deal valued at $1.32billion

December 14, 2023December 14, 2023Deborah CaterLeave a Comment

Campari is set to acquire Courvoisier Cognac from the US-Japanese spirits group Beam Suntory in a deal valued at $1.32bn. This represents the largest acquisition by the Italian spirits group, as leading cognac makers, including Courvoisier, report decreased sales due to slowing consumer demand.