— Breaking News

  1. Italy

    Alitalia offers received for majority of assets - minister

  2. Italy

    Europe shares end mostly higher on global rebound -2-

    Saipem drops in Milan, FCA rises (Il Sole 24 Ore Radiocor Plus) - London, 22 Aug - Shares of Italian oil services firm Saipem dropped 1.86% to 3.16 euros, leading the losses in Milan trade, following a downgrade from Barclays, which cut its recommendation on the stock to 'underweight'. Shares in Fiat Chrysler Automobiles (FCA) gained 0.26% at 11.47 euros in volatile trading, after Chinese group Great Wall Motor said it is still considering a possible offer for all or part of FCA but has not yet initiated formal contact with the company. Shares in German pharmaceutical and chemical group Bayer closed up 2.35% at 108.90 euros in Frankfurt dealings. The European Commission said it has opened an in-depth investigation into the proposed acquisition of US agribusiness group Monsanto by German pharmaceutical and chemical group Bayer. The commission said it has concerns that the merger may reduce competition in areas such as pesticides, seeds and traits. Bayer said it looks forward to continuing to work constructively with the European Commission with a view to obtaining its approval of the transaction by the end of this year. A24-Cia (RADIOCOR) 22-08-17 18:09:03 (0377) 5 NNNN

  3. Italy

    Swiss July watch export value up 3.6% yr/yr

    Exports to Hong Kong up 16.8%, to UK down 8.5% (Il Sole 24 Ore Radiocor Plus) - Zurich, 22 Aug - The value of Swiss watch exports rose 3.6% year on year in July to 1.7 billion francs, posting the third consecutive month of growth, data from the Swiss watch industry federation FH showed. However, watches with an export price below 200 francs saw a 14.7% decline in volumes in July and an 18.2% drop in value. Other price segments, particularly those for watches priced over 500 francs, reported growth. Swiss watch exports to Hong Kong were up 16.8%, benefiting from a favourable base effect, FH said. With variation rates close to zero in recent months, the US slightly corrected the negative trend reported for almost two years with a 1.4% annual uptick. China continued to achieve strong growth, with a 22.3% rise. In Europe, despite several lower results, France (-1.7%), Italy (-14.3% after two consecutive strong months) and Germany (+13.4%) were the leading export destinations at the expense of the UK (-8.5%), which saw its first fall of the year, the industry federation said. A24-Hob (RADIOCOR) 22-08-17 14:20:05 (0267) 5 NNNN

  4. Italy

    Europe shares higher at mid-session led by miners -3-

  5. Italy

    Ferrari renews Kimi Raikkonen contract for 1 yr

    Pilot to be present during 2018 season (Il Sole 24 Ore Radiocor Plus) - Milan, 22 Aug - The Italian Formula One team Scuderia Ferrari said that it has renewed for one year the contract of the driver Kimi Raikkonen. The group noted that Raikkonen will drive for the team "during the 2018 season". A24-Web (RADIOCOR) 22-08-17 13:20:30 (0237) 5 NNNN

  6. Italy

    Italy 10-yr govt bond spread vs Bund rises to 1.70 pct pts

  7. Italy

    Saipem shares slip on Barclays downgrade

    Stock down 0.56% (Il Sole 24 Ore Radiocor Plus) - Milan, 22 Aug - Shares of Italian oil services firm Saipem were lower in Milan trade, following a downgrade from Barclays, which cut its recommendation on the stock to 'underweight'. At 0800 GMT, Saipem shares were down 0.56% to 3.20 euros, while the FTSE MIB index was up 0.61% to 21,886.51 points. A24-Hob (RADIOCOR) 22-08-17 10:04:22 (0153) 5 NNNN

  8. Italy

    Italy 10-yr govt bond spread vs Bund steady at 1.63 pct pts

    Yield at 2.04% (Il Sole 24 Ore Radiocor Plus) - Milan, 22 Aug - The differential between yields on 10-year Italian government bonds and their German counterparts was steady at 1.63 percentage points in early trade, unchanged from the close Monday. The yield on benchmark Italian bonds was also steady, at 2.04%. A24-Hob (RADIOCOR) 22-08-17 09:16:23 (0083) 5 NNNN

  9. Italy

    Euro zone benchmark 10-year sovereign bond yields

  10. Italy

    Safilo in exclusive Chilean distribution deal

    Deal reached with Valente Eyewear & Trade (Il Sole 24 Ore Radiocor Plus) - Milan, 21 Aug - The Italian eyewear company Safilo said that it has reached an exclusive distribution partnership for Chile with the local operator Valente Eyewear & Trade. "We are committed to broaden the market offer in Chile with our globally leading eyewear brands of trend setting design and technical product sophistication. We see an opportunity in Chile for international eyewear brand building and further development of eyewear retailing across all our segments," said chief executive Luisa Delgado. A24-Web (RADIOCOR) 21-08-17 16:34:10 (0312) 5 NNNN

  11. Italy

    Italy finds Fipronil traces in 2 food samples

    Health ministry did not specific in what products (Il Sole 24 Ore Radiocor Plus) - Milan, 21 Aug - Italian authorities have found the presence of the insecticide Fipronil in two out of 114 food samples tested, the health ministry said. The 114 samples consist of eggs or their derivatives taken from Italian stores. The ministry did not specify in what products it found the insecticide. Fipronil is used to kill lice and ticks on household pets such as cats and dogs, and its use is banned in the EU food industry. A24-Web (RADIOCOR) 21-08-17 15:22:17 (0281) 5 NNNN

  12. Italy

    Europe shares lower for 3rd day on geopolitical jitters -3-

  13. Italy

    Tim, Mediaset shares fall despite govt opening to alliance -2-

  14. Italy

    Tim, Mediaset shares fall despite govt opening to alliance

    Industry ministry undersecretary calls for industrial alliance (Il Sole 24 Ore Radiocor Plus) - Milan, 21 Aug - Shares of both Telecom Italia, which operates under the Tim brand, and Italian broadcaster Mediaset were lower in Milan trading, shrugging off comments from industry ministry undersecretary for communications Antonello Giacomelli saying that an "an industrial alliance" between the two groups would be desirable. At 1030 GMT, Telecom Italia shares were down 0.60% to 0.83 euros while Mediaset's stock had fallen 0.41% to 3.41 euros. Both were underperforming the benchmark FTSE MIB index, which was 0.09% lower at 21,794.96 points. In an interview published over the weekend, Giacomelli called for an industrial agreement between Telecom Italia and Mediaset that "allows both companies to grow". He also called for "collaboration with France", as French media group Vivendi is the main shareholder in Telecom Italia and the second largest in Mediaset, but added that the Italian nature of such an agreement must be clear. Just how such an alliance would work isn't clear. Giacomelli didn't specify how he envisioned a deal while Italy's current telecoms and media regulations would prevent a tie-up between the two companies. Vivendi is also in a legal battle with both Mediaset and Mediaset's controlling shareholder - the Fininvest holding company of former premier Silvio Berlusconi - after it backed out of a deal to buy Mediaset's Premium pay TV business. Telecom Italia and Mediaset shares are also backtracking amid indications of differing views held by the Italian government, state financing institute CDP and Italian power group Enel on the creation of a single Tim-Open Fiber fixed-line telecoms network. Broadband infrastructure group Open Fiber is owned by Enel and CDP. A24-Hob (RADIOCOR) 21-08-17 12:43:47 (0209) 5 NNNN

  15. Italy

    Newspaper headline round-up

    (Il Sole 24 Ore Radiocor Plus) - Milan , 21 Aug - Newspaper headline round-up FINANCIAL TIMES Trump targets tax reform to reconnect with GOP. Sempra gate-crashes Buffett's Oncor deal. US warship in collision with tanker off Singapore. China has most to lose from global trade war, says report. Banks help to drive global growth in dividends. THE WALL STREET JOURNAL First round of talks to revamp Nafta reveals friction. Imam in Spanish town emerges as suspect in Barcelona attack. Final plans under way as solar eclipse nears. Sempra Energy reaches deal to buy Oncor after outbidding Berkshire. Trump and the CEOs: behind the collapse of an uneasy alliance. LES ECHOS A record-setting summer for the capital-investment industry. The end of the Bannon era in the White House. Sempra Energy takes Oncor. Spanish attack investigation progresses. IL SOLE 24 ORE Stock markets weak, but more China speculation boosts FCA. Italian families divided by local taxation. Italian gaming market declines. CINCO DIAS Popular under continuous ECB surveillance at least since 2014. Why Spaniards work more than the rest of Europe. Banks' Big Brother: new requirement to record all client conversations. HANDELSBLATT US troops start drills with South Korean forces. The power of Jackson Hole - all eyes on Draghi and Yellen Swiss bank Vontobel wants to further expand its private banking business A24-Hob (RADIOCOR) 21-08-17 10:22:57 (0163) 5 NNNN

  16. Italy

    Italy 10-yr govt bond spread vs Bund dips to 1.60 pct pts

    Yield at 2.02% (Il Sole 24 Ore Radiocor Plus) - Milan, 21 Aug - The differential between yields on 10-year Italian government bonds and their German counterparts dipped to 1.60 percentage points in early trade from 1.61 points at the close Friday. The yield on the benchmark Italian bonds was unchanged at 2.02%. A24-Sch (RADIOCOR) 21-08-17 09:47:58 (0151) 5 NNNN

  17. Italy

    Lixil to sell Permasteelisa to Grandland for 467 mln eur

  18. Italy

    Banca IMI Securities to pay 35 mln usd over ADRs - SEC

  19. Italy

    Euro zone benchmark 10-year sovereign bond yields

  20. Italy

    Italy April-June corporate bankruptcies down 15% yr/yr -2-