Business
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......
Shareholders of Ferretti S.p.A. are set to vote on board leadership as two major investors, Czech-based KKCG Maritime and China’s Weichai Group Holdings Limited, compete for control of the luxury yacht manufacturer’s governance structure. The annual meeting has become a key battleground,......
A delegation of Italian companies specializing in glass processing technologies visited Casablanca from May 4 to May 7 as part of an economic mission aimed at strengthening industrial cooperation between Morocco and Italy. The initiative was organized by ITA – ICE Agenzia in partnership with GIMAV......
Italian telecom operator Telecom Italia SpA could be entitled to receive up to 75% of the financial benefits generated by FiberCop in the event of a commercial agreement with rival network operator Open Fiber, according to its chief executive. FiberCop, a major wholesale broadband infrastructure company......
Italian fashion house Armani reported a modest decline in revenue in 2025, reflecting what executives described as a difficult year for the global luxury sector. According to company figures, revenue fell by 2.8% to approximately €2.19 billion, while total turnover—including licensed activities—reached......
Chiccorner has launched the Italian beauty brand WYCON Cosmetics in Morocco, opening its first two stores in Casablanca at Morocco Mall and Californie Mall. The move expands the group’s portfolio of international brands and strengthens its position in the country’s growing beauty retail segment. Founded......
Italian luxury house Dolce & Gabbana has announced the appointment of Stefano Cantino as Co-CEO, marking a new phase in the brand’s strategic evolution. Cantino, a former executive at Gucci, will share leadership responsibilities with current chief executive Alfonso Dolce. The move reflects......
Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has announced its support for the re-election of Luigi Lovaglio as Chief Executive Officer of the Italian bank Monte dei Paschi di Siena. NBIM, one of the largest institutional investors in Europe, held a 2.87% stake in......
