Italy - Factors to watch on Nov. 30
The following factors could affect Italian markets on Tuesday.
Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).
For a complete list of diary events in Italy please click on .
GENERAL
Italy reported 65 coronavirus-related deaths on Monday against 47 the day before, the health ministry said, while the daily tally of new infections fell to 7,975 from 12,932.
ECONOMY
ISTAT releases Q3 GDP final data (0900 GMT) and October CPI flash data (1000 GMT).
DEBT
Treasury sells 1.5-2.0 billion euros zero coupon BTP bonds due Aug. 1, 2026; 1.75-2.25 billion euros 0.95% BTP bonds due June 1, 2032; 1.0-1.5 billion euros CCTeu bonds due April 15, 2029. Subscriptions close at 1000 GMT.
COMPANIES
SNAM (SRG.MI)
Europe's biggest gas pipeline company said on Monday it saw 23 billion euros ($26 billion) of investment opportunities to 2030 as it boosts spending to ready its network for hydrogen and the transition to cleaner energy sources. read more
ENI (ENI.MI)
The Italian energy group is ready to invest more in a nuclear fusion project it feels could be a game-changer in the race to produce limitless clean electricity to power cities and industry, the head of the project at Eni said. read more
TELECOM ITALIA (TIM) (TLIT.MI)
Italy's ruling Democratic Party (PD) has pledged to actively involve the government in deciding the future of TIM the country's biggest phone group which just lost its fourth chief executive in six years, unions said on Monday. read more
JP Morgan (JPM.N) will have a role in the financing of the $12 billion proposal by KKR (KKR.N) to take the phone group private, a source close to the matter said on Monday.
U.S. fund KKR plans to set up a dedicated company for the offer, with 45 billion euros in liquidity which will be mainly aimed at refinancing TIM's debt and to meet the cash confirmation requirements of the offer, Il Messaggero reported. In a letter to KKR, JP Morgan said it would be willing to increase its commitment beyond the 45 billion euros should the price of the offer rise above the indicated 0.505 euros per share initially offered by KKR, the report added.
(*) FINCANTIERI (FCT.MI)
Shipping company MSC Crociere is ready to invest a further 2 billion euros for new ships, mainly for its luxury segment, the group's Executive Chairman Pierfrancesco Vago told Il Sole 24 Ore. The new investment could be directed at Fincantieri, who is already building four high-end cruise ships for MSC new luxury offer Explora, the paper added.
Cruise ENEL (ENEI.MI)
Europe's biggest utility said on Monday that its head of market Italy Nicola Lanzetta would take over as director of Italy from Dec. 1. It added that Carlo Tamburi is to lead Enel's project for the National Recovery and Resilience Plan (NRRP) in Italy.
EXOR (EXOR.MI)
The holding company of Italy's Agnelli family holds an investor day after clinching the $9 billion sale of its PartnerRe reinsurer. News conference at 1400 GMT followed by analyst session.
PIAGGIO (PIA.MI)
The scooter maker said on Monday it had agreed with unions the employment of up to 580 people on temporary contracts and a further 50 on permanent ones, starting from the first quarter of 2022, to support the rise in production in its three plants in Italy.
AS ROMA (ASR.MI)
The Italian Serie A club said on Monday it had confirmed the Oct. 6 appointment of Pietro Berardi as CEO.
Conference call on Q3 results (1600 GMT).
DIARY
AlixPartners holds "What are the prospects for recovery in the defence aviation sector?" news conference online (1030 GMT).
Rome, Industry Minister Giancarlo Giorgetti, Telecom Italia (TLIT.MI) (TIM) Chairman Salvatore Rossi attend a book presentation (1630 GMT).
Rome, "5G ITALY 2021" starts; ends on Dec. 2.
Milan, Hera (HRA.MI) holds news conference to present new NexMeter meter model with CEO Stefano Venier (1015 GMT)
((Milan newsroom, +39 02 6612 9507, fax +39 02 801149, milan.newsroom@news.reuters.com))
For Italian market data and news, click on codes in brackets:
20 biggest gainers (in percentage)............(.PG.MI)
20 biggest losers (in percentage).............(.PL.MI)
FTSE IT allshare index (.FTITLMS)
FTSE Mib index........ (.FTMIB)
FTSE Allstars index... (.FTSTAR)
FTSE Mid Cap index.... (.FTITMC)
Block trades.......... (.BLK.MI)
Stories on Italy......
For pan-European market data and news, click on codes in brackets:
European Equities speed guide...................
FTSEurofirst 300 index..............................(.FTEU3)
DJ STOXX index......................................(.STOXX)
Top 10 STOXX sectors...........................(.PGL.STOXXS)
Top 10 EUROSTOXX sectors......................(.PGL.STOXXES)
Top 10 Eurofirst 300 sectors...................(.PGL.FTEU3S)
Top 25 European pct gainers.......................(.PG.PEUR)
Top 25 European pct losers........................(.PL.PEUR)
Main stock markets:
Dow Jones...............(.DJI) Wall Street report .....
Nikkei 225.............(.N225) Tokyo report............
FTSE 100...............(.FTSE) London report...........
Xetra DAX.............(.GDAXI) Frankfurt market stories
CAC-40.................(.FCHI) Paris market stories...
World Indices.....................................
Reuters survey of world bourse outlook.........
Western European IPO diary..........................
European Asset Allocation........................
Reuters News at a Glance: Equities...............
Main currency report:...............................
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