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Italian watchdog validates all board nominations at Monte dei Paschi

Italy’s financial markets regulator has reportedly confirmed the legitimacy of all candidate lists submitted for the upcoming board renewal at Banca Monte dei Paschi di Siena, according to a source familiar with the matter. The decision by Commissione Nazionale per le Società e la Borsa......

Monte dei Paschi faces governance tensions as CEO role comes under scrutiny

Italy’s historic lender Monte dei Paschi di Siena is facing renewed governance tensions as its board prepares to review the leadership position of Chief Executive Officer Luigi Lovaglio. The situation has emerged ahead of a key shareholder meeting scheduled for mid-April, where decisions regarding......

Italy fines Trustpilot €4 million over misleading consumer practices

Italy’s competition authority has imposed a €4 million fine on online review platform Trustpilot, citing misleading practices and insufficient safeguards to ensure the authenticity of user reviews. According to regulators, the platform failed to provide adequate transparency about how reviews......

Italy seeks talks with Pirelli investors amid dispute over Chinese influence

The Italian government is preparing to hold discussions with representatives of Pirelli and its major investors as authorities examine concerns surrounding foreign influence within one of the country’s most prominent industrial groups. According to officials familiar with the matter, the talks......

ION founder says investors misjudge AI threat to software industry

Andrea Pignataro, the Italian billionaire who built one of Europe’s largest financial software groups, has entered the heated debate over artificial intelligence and its impact on the software industry, arguing that markets are fixated on the wrong danger. In a commentary published on February......

Ubisoft staff end three day strike over layoffs and office mandate

More than 1,200 Ubisoft employees in France and Italy have concluded a three day strike launched to protest job cuts, studio closures and a mandatory return to office policy that unions say is designed to pressure workers into resigning. The walkout began on February 10 and was organized by five French......

Moroccan entrepreneur Asmaa Gacem rescues Italian football club AC Prato from collapse

Moroccan-Italian business leader Asmaa Gacem has officially taken full control of Italian football club AC Prato, acquiring 100% of its shares from Humanativa Group through her Florence-based holding company Finres SpA. The €800,000 deal transfers not just ownership but also full financial responsibility.......

Morocco joins US program to manufacture F-16 fighter jets

Morocco is set to advance its defense capabilities significantly through a strategic partnership with the United States that will allow the North African country to produce F-16 fighter jet components. According to a document published in the US Federal Register on April 29, Morocco has officially joined......

Morocco: A Key Bridge Between Africa and Europe

The Italian Ambassador to Morocco, Armando Barucco, highlighted Morocco's pivotal role as a bridge connecting Europe and Africa. Under the leadership of King Mohammed VI, Morocco has positioned itself as a central hub for both continents, with significant developments in infrastructure and contributions......

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