Italy Financial News

BRUSSELS (Reuters) — Further consolidation of Europe's airlines was necessary to keep the industry competitive, the CEOs of British Airways owner IAG and Ryanair said on Wednesday, as the EU weighs a new deal.

The commodity trading industry reaped its second-best year ever in terms of profits, banking over $100 billion and building up a mountain of cash to spend on assets and breaking into new markets.

The European Union has announced a 7.4 billion-euro or $8 billion aid package for cash-strapped Egypt as concerns mount that economic pressure and conflicts in neighboring countries could drive more migrants to European shores

ET Awards has always been ‘Work Hard, Play Hard, At the Same Time.’ That was on full display after the award ceremony at the Taj Mahal Palace in Mumbai when some 40 special guests joined host Samir Jain and foreign minister S Jaishankar, also ET Reformer of the Year, in some serious power chitchat over haute cuisine and ‘hauteur’ company.

(Reuters) -Swisscom said on Friday it will buy Vodafone (NASDAQ:VOD) Italia for 8 billion euros ($8.70 billion)to merge the business with its Italian subsidiary Fastweb.

Chinese automakers seeking global growth are building more car factories in overseas markets, as foreign regulators mull imposing measures against imports of China-made electric cars. Chery Auto is holding talks with the Italian government to manufacture there, Reuters reported on Wednesday. Should the talks succeed, Chery would be among the first Chinese automakers with a European manufacturing presence. The growing clout of China car exports has been causing friction with the U.S. and Europe. Here's what Chinese automakers are planning:

Mint. Increasingly, companies and brands are chasing affluent Indian consumers who are driving up sales of expensive cars, real estate and bags among others. In premium foods, too, more companies are stepping in, increasing the competitive landscape for the Biyani sisters. For instance, last year, Spencer’s Retail Ltd, an RP-Sanjiv Goenka Group subsidiary, announced its foray into upmarket grocery retail under the Nature’s Basket Artisan Pantry brand, citing demand for pricey truffle, caviar, and exotic mushrooms.

Since the start of the year, the S&P 500 has hit new record highs, gaining 8.3% in the process.

If you work for UBS and you like to receive 6am calls from your boss before he runs up a mountain, then great news. Swiss gossip websiteInside Paradeplatz says Andrea Orcel has been seen in Zurich. He was allegedly there to discuss a new job with UBS.

Vedanta Political Science Rabindra Sangit Textile Engineering Agama Rigveda Vyakarana & Sabdabodha Systems L.L.M. Pottery & Ceramics Music- Percussion Assamese Bhutia Gujarati Kannada Kashmiri Khasi Korean Lepcha Limbu Odia Prakrit Urdu Journalism Indo-Tibetan Santali Italian Horticulture Material Science MPT/Master in Respiratory Theory (MRT) Psychology Water Engineering and Management Geophysics Hindi Medical Laboratory Technology Russian Dairy Technology Mathematics Ancient Indian History French Chemical Thermal & Polymer Engineering Agricultural Science Healthcare & Hospital Management Dance Linguistics Urdu Atmospheric Science B.Ed. Humanities and Social Sciences Life Science Baudha Darshan / Buddhist Studies Statistics Home Science-Food & Nutrition Philosophy Nano Science/Nano Technology Hindu Studies Data Science B.Ed.

Visa application volumes from Mumbai in 2023 registered a 30 per cent year-on-year growth, according to a report by VFS Global, closing in further to the pre-pandemic levels. When compared to the pre-pandemic numbers, visa application volumes from Mumbai reached 90 per cent of the 2019 levels. The demand pattern in Mumbai was in line with the overall growth trend registered in India, which saw a 16 per cent year-on-year in visa applications in 2023. In comparison to the pre-pandemic numbers, visa application volumes from India reached 93 per cent of the 2019 levels.

Barcelona will play Napoli in the final leg of UEFA Champions League round of 16. La Liga and Serie A champions had settled for 1-1 draw in the first leg in Italy. FC Barcelona vs Napoli UEFA Champions League match will be played at Estadi Olimpic Lluis Companys in Barcelona at 3 pm (ET) on Tuesday, March 12. Viewers in the US can watch the soccer game at Paramount+.

Spanish champions Barcelona this season but the emergence of teenage starlet Lamine Yamal is the clearest. The 16-year-old winger could prove crucial in the Champions League last 16 second-leg clash with Napoli on Tuesday at the club's temporary Olympic Stadium home. Yamal became the youngest player ever to feature in the Champions League knock-out stages as he impressed in the 1-1 first-leg draw in the south of Italy.

NEW DELHI : India and Italy are set to sign an extradition treaty as the two countries seek to repair their bilateral relations that were waylaid by the 2012 killing of two Indian fishermen by Italian marines. The extradition treaty will make it easier for both countries to counter crime and improve cooperation between their law enforcement agencies, said people aware of the developments. The final text of the extradition treaty has been approved by the MEA and the ministry of home affairs, with the law ministry examining it for the Union cabinet’s approval, these people said.

German Formula 1 racetrack designer Tilke, real estate consultancy company CBRE and architecture firm Arcop ranked the highest on a list of six international consultants that are competing for designing a racetrack in Gujarat's GIFT City that could position the financial centre also as an international sporting destination, according to people in the know. The Tilke-led consortium scored 98% marks in an evaluation conducted by Sports Authority of Gujarat during March 7-8 and is likely to be granted the work order to develop a design for the F1 track, the people said. The project could cost up to ₹10,000 crore.

By Peter Hobson

Mobile phone manufacturing in value terms jumped 21-fold to Rs 4.1 lakh crore in India in the last 10 years as government policy measures like PLI played a critical role in attracting global players to boost local production, industry body ICEA said in a statement. India now produces 97 per cent of its total mobile phone demand locally and 30 per cent of the total production in financial year 2024 is meant for export, the India Cellular and Electronics Association said. «Mobile phone production surged from Rs 18,900 crore in 2014-15 to an estimated Rs 4,10,000 crore in FY'24, registering an increase of 2000 per cent. In 2014-15, mobile phone exports from India were a mere Rs 1,556 crore. The industry expects to end FY24 with an estimated export of Rs 1,20,000 crore. This would mean a 7500 per cent increase in exports over a decade,» ICEA said. According to a note on manufacturing, in the field of smartphones, Apple and Samsung, have played a crucial role in boosting mobile phone exports from the country.

Italy's data protection agency said on Friday it had opened an investigation into a service developed by Microsoft-backed OpenAI that can generate videos based on text prompts. The regulator, known as Garante, asked OpenAI to clarify whether the way it informs users and non users about the data it employs for its product, known as Sora, is in line with European Union regulations.

A new survey says one-third of Italians have reduced their consumption of extra virgin olive oil due to skyrocketing prices

The world's largest cryptocurrency by market cap is rallying due to big investors' growing appetite. Bitcoin's price rose 10% in two days and was trading at more than $56,000 (€51,606), the highest since November 2021.

Canada Pension Plan Investment Board has agreed to acquire a minority stake in Telecom Italia SpA’s landline network.