Tuesday 23 - 17:36
Italian luxury fashion house Valentino experienced a challenging financial year in 2025, reporting lower revenue and reduced profitability amid a broader slowdown affecting the global luxury goods industry. The company’s latest financial disclosures reveal that sales declined compared with the previous year, while operating earnings......
The chief executive of Banca Monte dei Paschi di Siena has said that consolidation in the banking sector can be beneficial, provided it does not undermine competition or reduce access to financial services for different categories of clients. Speaking at a financial industry conference in Milan, CEO Luigi Lovaglio emphasized that mergers......
Energy infrastructure developer NatPower and electric vehicle and battery technology group Tesla have announced an agreement to jointly develop large-scale battery storage capacity across Europe, marking a significant step in the region’s ongoing energy transition. The first phase of the project will deliver approximately 25 gigawatt......
Europe’s largest gas distribution operator, Italgas, has announced a significant expansion of its long-term investment strategy, committing €13 billion to infrastructure development and modernization projects through 2032. The plan represents a substantial increase compared with the company’s previous investment roadmap and......
The Italian banking group UniCredit has withdrawn its appeal in a legal dispute concerning government-imposed conditions on its attempted takeover of rival lender Banco BPM, according to a court document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 court, was formally declared closed after......
Former U.S. President Donald Trump has renewed his criticism of Italian Prime Minister Giorgia Meloni, accusing Italy of failing to take a stronger role in global security matters despite its contributions to NATO. In comments posted on his social media platform, Trump argued that European allies, including Italy, have not done enough to......
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 parent company Aeffe. Their first collection......
Italian Prime Minister Giorgia Meloni has strongly rejected comments made by U.S. President Donald Trump, after he claimed in a television interview that she had “begged” him for a photograph during the G7 summit. Meloni said on Friday that she was “astonished” by Trump’s remarks, describing them as “completely......
Stellantis is currently in discussions with two potential partners as it seeks to strengthen the future of its luxury car brand Maserati, according to Chief Executive Antonio Filosa. The announcement was made during a parliamentary hearing in Italy, where the company outlined its ongoing strategy to support the struggling marque. The global......
Italy’s data protection authority has imposed a €180,000 fine on Emirates airline over the alleged improper handling of passengers’ health-related data, marking another enforcement action in Europe’s tightening privacy regulatory environment. According to the Italian regulator, the case originated from a passenger complaint......
Italy has granted conditional approval to a strategic partnership between Italian defense and aerospace group Leonardo and Turkish drone manufacturer Baykar, paving the way for a new chapter in Europe's rapidly evolving unmanned aerial vehicle (UAV) sector. The joint venture, structured as an equal partnership between the two companies,......
An undocumented Nigerian man in Italy has been granted a residence permit after a complex legal and personal journey that began with an unexpected lottery win of €500,000. The case has drawn attention to the challenges faced by irregular migrants navigating financial and administrative barriers in Europe. The man, who had lived in Italy......
Italy’s competition authority has opened an investigation into Apple over concerns that the company may not be fully complying with interoperability requirements established under the European Union’s Digital Markets Act (DMA). The inquiry focuses on Apple’s cloud services ecosystem, particularly whether competing cloud......
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At the Heart of the 2026 World Cup
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GITEX Africa: The New Frontiers Of African Innovation
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Les Impériales Week 2026: Under the Theme “Daba or Never”
Tuesday 31 March 2026 - 10:03
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Iran under the lens
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AFCON 2025: Morocco at the heart of African football
Friday 19 December 2025 - 11:16
