MILAN, Jan 18 UniCredit is narrowing down a field of candidates to replace departing Chief Executive Jean Pierre Mustier, three people familiar with the matter said, as Italy's second biggest bank tries to find a new boss by early February.
MILAN, Jan 18 UniCredit is narrowing down a field of candidates to replace departing Chief Executive Jean Pierre Mustier, three people familiar with the matter said, as Italy's second biggest bank tries to find a new boss by early February.
ROME/ZURICH Governments across Europe announced tighter and longer coronavirus lockdowns and curbs on Wednesday amid fears of a fast-spreading variant first detected in Britain, with vaccinations not expected to help much until the spring.
MILAN (Reuters) -Eyewear tycoon Leonardo Del Vecchio, who owns 1.9% of UniCredit, opposes the bank taking over rival Monte dei Paschi and is in touch with other large Italian investors who share his concerns, two people close to the matter said.
* Choice of CEO seen as pivotal in relation to MPS deal (Adds details on CEO search)
MILAN Luxury puffer jacket maker Moncler is betting heavily on younger consumers and the Chinese market to help sales bounce back from the coronavirus crisis, its boss told Reuters, seeing scope for a recovery from the second half of 2021.
* Young and Chinese consumers seen driving luxury market growth
MILAN Down jacket maker Moncler is buying smaller Italian high-end streetwear and fashion brand Stone Island in a 1.15 billion euro ($1.4 billion) deal which could signal an intention to consolidate rather than be acquired.
LONDON/MILAN The family owners of Italian fashion house Salvatore Ferragamo have held informal talks with investors to sell a minority stake in their holding firm as they scramble to turn around the brand famous for shoes worn by Hollywood stars such as Audrey Hepburn, five sources told Reuters.
Marian Turski, a 94-year-old survivor of the Auschwitz death camp, was marking the 76th anniversary of its liberation by Soviet troops on Wednesday only virtually, aware that he might never return as the coronavirus pandemic drags on.