Business
The Italian banking group UniCredit has withdrawn its appeal in a legal dispute concerning government-imposed conditions on its attempted takeover of rival lender Banco BPM, according to a court document released at the end of May. The case, which had been examined by Italy’s top administrative......
Italian fashion house Moschino has announced the appointment of designers Loris Messina and Simone Rizzo as its new creative directors, marking a significant leadership change for the luxury brand. The duo will take up their roles immediately, replacing Adrian Appiolaza, according to the brand’s......
Italian aerospace and defence company Leonardo has announced that it has received an order for 15 helicopters from Avincis, Europe’s largest provider of emergency air services, in a deal strengthening its position in the global rotorcraft market. The contract includes 10 AW169 light intermediate......
Stellantis N.V. has confirmed that it does not plan to close any of its manufacturing plants in Italy, reinforcing the country’s central role in the company’s long-term industrial strategy. According to the company’s Europe chief, Emanuele Cappellano, each Italian facility will continue......
Italian banking group UniCredit has firmly rejected claims made by Germany’s Commerzbank regarding the level of shareholder participation in its takeover offer, escalating tensions between the two financial institutions. The dispute centers on the accuracy of figures related to the acceptance......
Chinese investors linked to Pirelli's largest shareholder have launched legal challenges against restrictions imposed by the Italian government under the country's strategic investment protection framework. The dispute centers on measures introduced through Italy's "golden power"......
Italy’s national carrier ITA Airways is evaluating possible legal action against engine manufacturer Pratt & Whitney following technical issues that have significantly affected part of its fleet. The airline is expected to decide in the coming weeks whether to pursue a lawsuit related to disruptions......
Banco BPM has announced its intention to open discussions with Banca Monte dei Paschi di Siena (MPS) regarding a potential merger that could reshape Italy’s banking landscape. If completed, the transaction would create the country’s second-largest banking group, surpassing UniCredit in size......
The competition between Commerzbank and UniCredit has entered a new phase as investors continue to evaluate one of the most closely watched banking transactions in Europe. The proposed takeover has sparked debate among shareholders, financial analysts, and policymakers regarding the future structure......
Italian eyewear company iVision Tech has reported strong online sales after one of its sunglasses models gained unexpected global attention following a public appearance by French President Emmanuel Macron. The model, produced under the company’s Henry Jullien brand, surpassed 1,000 online sales......
Italy’s competition authority has launched an investigation into easyJet over concerns related to baggage fee policies and possible unfair commercial practices. The inquiry focuses on how optional travel services are presented to customers through the airline’s website and mobile application. According......
CDP Equity has announced plans to increase its participation in Nexi, reinforcing the Italian government’s interest in strengthening strategic sectors linked to financial technology and digital infrastructure. The state-backed investor currently holds more than 19% of Nexi’s shares and intends......
Italian labor unions have claimed a major success following a one-day strike organized at facilities belonging to Kering, one of the world’s leading luxury companies. According to union representatives, participation rates ranged between 70% and 100% at several sites across Italy. The protest......
