Italy Financial News

11.08 / 08:41

economics UK Chancellor of the Exchequer ONS Office for National Statistics 'Better than expected' UK GDP grows 0.5% in June

'The Bank of England is now forecasting that we will avoid recession.'

11.08 / 06:55

Reuters Action Fighting show performer UK economy UK economy grows unexpectedly in Q2 but still lags peers

By Andy Bruce and David Milliken

10.08 / 19:55

Platform Racing Align Sony film love country Gran Turismo movie: See cast, release window on Netflix and more

Gran Turismo movie is set to debut on Netflix in the US and other countries, following its theatrical release at the end of August. The film, based on the video game with the same title, revolves around the story of a GT Academy participant, who transitions from virtual to real-world racing.

10.08 / 16:37

UPS Strategy Tapestry show America’s New Fashion Powerhouse Is Still Dwarfed by Europe’s Luxury Giants

Elon Musk for the title of the world’s richest person. European Giants The European conglomerates also benefit from deep management benches and equally deep pockets that they use to nurture and grow their brands. When LVMH acquired Tiffany for about $16 billion in 2021, it invested heavily to revamp the jeweler’s marketing, including by hiring Beyoncé and Jay-Z as brand ambassadors.

10.08 / 12:45

UPS Reuters Progressive CEO country exit Exclusive-Intesa closer to Russia approval on exit as Moscow stance shifts -sources

By Valentina Za and Alexandra Schwarz-Goerlich

10.08 / 04:03

Provident Twitter Platform Strategy country This country offers free taxi rides for party-goers too drunk to drive home

There is no longer any justification for consuming alcohol excessively and then deciding to drive home, especially in Italy. The Italian government intends to initiate a trial initiative aimed at offering intoxicated individuals the opportunity to utilize complimentary taxi services. Italy is currently testing a strategy to offer free taxi rides to party attendees as a means to reduce instances of drunk driving and mitigate fatal accidents.

09.08 / 20:45

Provident NASDAQ DOW COMPOSITE US stocks inflation data Global markets update: US stocks slide ahead of inflation data

inflation data that could provide clues to investors on Federal Reserve’s monetary policy path. The S&P 500 fell 31.47 points, or 0.70%, at 4,467.91 points. The Dow Jones Industrial Average dropped 186.92 points, or 0.53%, at 35,127.57.

09.08 / 19:23

COST Lowe's Waters stage CBA defends $10b profit, rejects ‘tycoon tax’

Commonwealth Bank chief executive Matt Comyn has defended the bank’s record $10.2 billion annual profit against claims of profiteering, saying it will fortify the balance sheet to support struggling borrowers.

09.08 / 18:21

Crypto Exchange Binance Makes Historic Move as First Licensed Crypto Exchange in El Salvador

Binance, the world's largest cryptocurrency exchange, has become the first fully licensed crypto exchange in El Salvador.

09.08 / 17:01

UPS Action Remark NVIDIA show Ahead of Market: 10 things that will decide D-Street action on Thursday

Here's how analysts interpret the market pulse: “The domestic market began to adopt a defensive stance as investors awaited crucial inflation data for both India and the US. The deflationary trend in China and the downgrade of US mid- and small-sized banks affected market sentiment. However, a late recovery in the domestic market was backed by a positive uptick in the European market and hope of an optimistic RBI policy not impacting domestic economic growth,” Vinod Nair, Head of Research at Geojit Financial Services, said.

09.08 / 16:53

UPS NASDAQ DOW COMPOSITE How major US stock indexes fared Tuesday, 8/8/2023

Stocks closed lower on Wall Street as worries about the banking system and the global economy inject more caution into financial markets worldwide

09.08 / 16:53

COST Waves Extreme Southern Allstate Swiss Severe storms lead to unprecedented $34 billion in US insured losses so far this year, Swiss Re says

Waves of severe thunderstorms in the U.S. during the first half of this year led to $34 billion in insured losses, an unprecedented level of financial damage in such a short time as climate change contributes to the frequency and severity of violent me...

09.08 / 15:53

Waves Reuters Waters country 41 migrants die, 4 survive in shipwreck in central Mediterranean: Report

Reuters citing Italian authorities on Wednesday. According to the report, 4 survivors of the accident were taken to the island of Lampedusa. The boat was reportedly carrying 45 people.

09.08 / 14:07

UPS Lowe's NIFTY SENSEX Indian FIIs snap selling streak as Indian markets edge higher, invest ₹644 cr in equities; DIIs turn net sellers

₹598 crore during Wednesday's session. As per the NSE data, FIIs cumulatively bought ₹9,342.47 crore of Indian equities, while they sold ₹8,698.36 crore --- resulting in an inflow of ₹644.11 crore. Meanwhile, DIIs infused ₹8,041.44 crore and offloaded ₹8,639.32 crore, registering an overall outflow of ₹597.88 crore.

09.08 / 13:35

Citi FIVE Fighting GBP Premier League play Harry Maguire transfer: Manchester United defender to play for West Ham in Premier League? Details here

Harry Maguire and Southampton’s midfielder James Ward Prowse. Each deal is thought to be worth about GBP 30 million.

09.08 / 11:13

UPS Lowe's NIFTY SENSEX Top gainers, losers today: JSW Steel, M&M, Maruti Suzuki, Bajaj Finance; check full list

Nifty ended higher on August 9, on late-session buying activity just one day before the monetary policy outcome. The three-day meeting of the six members of the monetary policy committee (MPC) of the Reserve Bank of India (RBI) started on August 8 will conclude on Thursday (August 10). Economists believe the RBI will maintain a status quo on rates and stance.

09.08 / 10:37

UPS Assurant Fitch US stocks recovery Recovery for US stocks expected amid global rally

European stocks rallied as investors took some comfort from assurances by the Italian government that a new windfall tax on banks will be capped.

09.08 / 10:29

Lowe's Target Reuters NIFTY SENSEX end Market Wrap: Sensex, Nifty end higher on fag end buying ahead of RBI MPC outcome; mid, smallcaps outperform

Nifty ended higher on Wednesday, thanks to late-session buying activity just a day before the monetary policy outcome. The three-day meeting of the six members of the monetary policy committee (MPC) of the Reserve Bank of India (RBI) is underway and it will conclude on Thursday (August 10). Experts believe the RBI will maintain a status quo on rates and stance and the domestic market may not see any significant reaction to the RBI MPC outcome since the market has factored in this status quo.

09.08 / 08:23

UPS show European shares rebound as Italy eases stance on bank levy

(Reuters) — European shares rose on Wednesday, with Italian lenders rebounding from sharp losses in the previous session after the government eased its stance on a new banking levy.

09.08 / 08:23

UPS Lowe's Cooper show country Dollar retreats after China deflation unleashes drive into risk assets

By Amanda Cooper

09.08 / 08:23

UPS Citi Lowe's Target performer country Italy banks stocks regain ground as cap set on windfall tax

ROME (Reuters) -Italian banking stocks rose in early trade, regaining some of the ground lost after the government late on Tuesday announced a cap on a windfall tax for the country's lenders.

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