Italybusiness economy21 h ago
Electrolux revises industrial plan, halving Italy job cut proposals
Electrolux announced a revised industrial plan for its Italian operations. The company has halved the number of planned redundancies.
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Italy
Scope: Italy · past 48 hours
9 storiesPast 48 hours
Italybusiness economy
business economy22 h ago
Italy services growth accelerates amid rising cost pressures
Italy's services sector experienced accelerated growth. However, this expansion coincided with intensifying cost pressures, according to PMI data.
◐Moderate
business economy
business economy1 d ago
Italy's exit tax policy criticized
Italy's recently implemented exit tax policy has faced criticism. The Financial Times described the tax as "half-baked" and ineffective.
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Tarantobusiness economy1 d ago
Flacks still considered for ex-ILVA plant, ready to invest
Michael Flacks stated his company is still in contention for the ex-ILVA plant. Flacks indicated readiness to invest in Taranto.
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Italybusiness economy1 d ago
Ferrari reports 7% revenue increase and 13% profit jump
Ferrari's third-quarter revenue rose 7%, while net profit increased by 13%. CEO Vigna indicated two further launches are planned this year.
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business economy
business economy1 d ago
Intesa Sanpaolo raises profit outlook ahead of MPS bid
Italy's Intesa Sanpaolo has increased its full-year profit forecast. The bank is preparing to launch a bid for MPS.
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Italybusiness economy1 d ago
Intesa Sanpaolo reports 8.2 billion euros profit in nine months
Italian bank Intesa Sanpaolo posted an 8.2 billion euro profit for the first nine months of 2026. The bank upgraded its 2026 outlook to well above 10 billion euros.
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Tarantobusiness economy1 d ago
Furnace shutdown begins at former ILVA steelworks in Taranto
A Federacciai-led consortium is reportedly not submitting a bid for the plant. The facility is proceeding with furnace closures.
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Italybusiness economy1 d ago
Iveco to retain Turin HQ post-Tata Motors takeover
Iveco will maintain its headquarters in Turin following its takeover by Tata Motors. The company will preserve its brand identities and industrial presence.
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