Press Association
Ryanair CEO says there was no 'meeting of minds' with Transport Minister
Ryanair CEO Michael O'Leary said there was no "meeting of minds" during his meeting with transport minister Eamon Ryan.
The meeting took place one week after O'Leary launched a personal broadside against the minister in a row over...
Bloomberg
Barclays Misses Estimates, UniCredit Lifts Revenue Goals
Barclays's trading division missed estimates in the third quarter and UniCredit lifted its full-year revenue target after posting better-than-expected net income. Jan-Henrik Foerster reports on Bloomberg Television.
Bloomberg
UniCredit Chairman Says Italy Banks Safer Than Ten Years Ago
Unicredit Chairman and former Italian Finance Minister Pier Carlo Padoan says he is not concerned that Italy would become the sick man of Europe. He spoke to Bloomberg's Francine Lacqua on the sidelines of the World Bank and IMF's annual...
Bloomberg
No Signs Italian Spreads to Require ECB Action: Visco
Bank of Italy Ignazio Visco discusses the state of the Italian economy and concerns within the European Central Bank about Italian bond spreads. He speaks on the sidelines of the annual meetings of the International Monetary Fund and the...
Bloomberg
Ferrari CEO Vigna on Fully Electric Model Prototype
"I like it a lot." Ferrari NV Chief Executive Officer Benedetto Vigna shares his take on the prototype of the Italian luxury automaker's first fully electric supercar that is scheduled to debut in 2025. He speaks with Bloomberg's Francie...
Bloomberg
Eni Made 'Huge' Gas Discovery in Indonesia, CEO Says
Eni SpA Chief Executive Officer Claudio Descalzi says the Italian energy giant has discovered natural gas in a block in Indonesia that is close to existing facilities. He speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle...
Bloomberg
Italy Delays EU Budget Goal to Fulfill Election Vows
Italy postponed by a year pulling the deficit under the EU's ceiling of 3% of gross domestic product, according to a budget plan approved by the cabinet late Wednesday. Alessandra Migliaccio reports on Bloomberg Television.
Bloomberg
Italy Seeks Deal to Merge Monte Paschi With Peers
Italy plans to make Banca Monte Paschi di Siena SpA into the country's third largest bank, turning it into a cornerstone of a new banking hub by merging it with one of its peers. Chiara Albanese reports on Bloomberg Television.
Bloomberg
Italy Offers Banks an Opt-Out Clause on Windfall Tax
The Italian government is giving lenders an option to avoid paying a controversial windfall tax on banks if they set aside additional capital reserves. Chiara Albanese reports on Bloomberg Television.
Bloomberg
Italy's Tajani Says 'We Want to Work With China'
Deputy Italian Prime Minister Antonio Tajani says that Italy wants to work with China. "We are ready for Chinese investments in our country, but we need a level-playing field," Tajani said in an interview with Bloomberg's Francine Lacqua...
Bloomberg
Italy to Take 20% Stake in KKR's Telecom Italia Deal
The Italian government will take a stake in Telecom Italia SpA's network business in a deal with US private equity firm KKR & Co. as Prime Minister Giorgia Meloni asserts greater state oversight of strategic assets. Alessandra Migliaccio...
Bloomberg
First Look With Surveillance: Italy Approves, China's Trade
Dani Burger and Kriti Gupta take you through what to watch today.
Bloomberg
Italy Shocks Markets With Tax on Banks' Windfall Profits
Italy's right-wing government spooked markets with an unexpected tax on banks' windfall profits, sending the country's leading lenders down in Milan trading at the opening. Alessandra Migliaccio reports on Bloomberg Television.
Bloomberg
Italy Clarifies Windfall Tax
Italy issued a clarification of its new tax on banks' windfall profits, saying the impact may be limited for some banks and the levy won't exceed 0.1% of a firm's assets. Stefania Bianchi reports on Bloomberg Television.
Bloomberg
2023 Could Be the Hottest Ever on Earth
From wildfires, to deadly storms, to scorching temperatures, the weather around the world has been brutal. Triple-digit temperatures are becoming normal in many parts of Europe. Bloomberg reporters talk about how cities are dealing with...
Bloomberg
Temperatures Touch 115F on Italian Island of Sardinia
Temperatures in Italian islands of Sicily and Sardinia are creeping toward the European record of 48.8C as unprecedented heat from Tokyo to Phoenix US cooks the planet.
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Bloomberg
Italy's SACE Sees No Immediate Concerns Over Bad Debt
Italian companies are weathering the rapid rise in interest rates and inflation as defaults remain at pre-Covid levels, according to the head of the country's credit insurer SACE SpA. Firms have solid liquidity buffers "also thanks to...
Bloomberg
Why You Might Have to Pay More for Your Chocolate
You might have to pay more for your favorite confectionery going forward. Europe, the world's biggest consuming region of chocolate, and countries in West Africa, the leading growers of cocoa beans, are trying to make the sector...
Bloomberg
ECB Calling In 500 Billion of Pandemic-Era Bank Loans
The European Central Bank is making lenders repay about half a trillion euros in cheap pandemic-era loans all at once in a test of the resilience of the continent's banking industry. Jana Randow reports on Bloomberg Television.
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Bloomberg
Silvio Berlusconi, Former Italian Premier, Dies at 86
Silvio Berlusconi, Italy's longest-serving postwar prime minister, has died at the age of 86. Alessandro Speciale reports on Bloomberg Television.
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Bloomberg
Football Can Be 'Exploited' Further, Says US Buyout Firm Carlyle
"Football and sports in general have proven to be a very valuable property that has further potential to exploit," says Marco De Benedetti, Carlyle Group Inc.'s co-head of Europe private equity. Carlyle is one of a number of Wall Street...
Teen Kids News
College Advice: Studying Abroad
Being able to spend a semester studying abroad is one of the most popular programs US colleges offer. But suppose instead of just a semester you could get your entire college education in another country? Ava tells us that might make a...
Bloomberg
Lagarde: Core Inflation Remains 'Significantly Too High'
European Central Bank President Christine Lagarde says underlying inflation remains "significantly too high" during remarks before students in Florence, Italy.
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Bloomberg
Nouriel Roubini Warns of Crashes, High Rate 'Megathreat'
Nouriel Roubini, CEO at Roubini Macro Associates, explains the "megathreat" he sees from higher interest rates, why he expects an economic and financial crash, and US labor market issues. He speaks from Cernobbio, Italy on "Bloomberg...