MILAN/ROME Italy's prime ministerial spokesman has warned that the anti-establishment 5-Star Movement in the coalition government will sack Treasury officials in a "mega-vendetta" unless they find the resources needed for welfare spending.
MILAN/PARIS, Sept 11 Iliad has offered
at least 749 million euros ($867 million) for spectrum in
Italy's fifth-generation mobile auction as it seeks to boost its
first venture outside France.
LONDON/MILAN State-owned Abu Dhabi National Oil Co (ADNOC) is in advanced talks with more than one potential buyer, including Italy's ENI, as it prepares to sell minority stakes in its refining business, two sources familiar with the matter said.
MILAN Rising political risk in Italy dented Monte dei Paschi di Siena's financial strength in the second quarter, casting a shadow over a nascent recovery at the country's fourth-largest bank.
MILAN Italy's top insurer Generali said on Wednesday it was eyeing acquisitions in non-life insurance and asset management as its cash pile grew on the back of disposals and stronger operations.
MILAN Italian utility Enel SpA has called a halt to further acquisitions in Brazil for the time being as it gears up to complete asset sales of up to 1.5 billion euros (1.34 billion pounds)in the second half of the year.
MILAN/LONDON More than ten bidders have made indicative offers for Italian solar plants being sold by Glennmont Partners, three sources said, in a further sign of growing appetite for green energy assets in Italy.
MILAN Telecom Italia's main shareholder Vivendi is very concerned about the situation at the Italian phone group since activist fund Elliott seized board control and is weighing its options, a spokesman for the French media company said.
MILAN Italian oil services company Saipem said it is considering acquisitions in engineering and construction as it shifts its business away from drilling activity, which has dragged on earnings.
MILAN Telecom Italia (TIM) will press ahead with the sale of its stake in broadcasting unit Persidera while considering broader strategic options for the group's various subsidiaries.