The best wish that can be made to the Italians is that 2014 frees us from the selfish worstism of Grillo, Berlusconi and the League: today against Napolitano and tomorrow against the euro under the banner of a populism that only serves to cover…
YEAR-END MESSAGE - In his first but innovative message to the nation as re-elected president, Napolitano encouraged the country to have the courage to stand up again and the political forces to make reforms" and guarantee "strong changes…
The year that begins will be full of challenges, starting with the Ryder Cup - Meanwhile Pga Usa draws up the ranking of the best players for the new season: Tiger Woods still at the top.
The President of the Republic, re-elected last spring, is making his eighth New Year's Eve speech as Head of State: Napolitano will spur the political forces on the electoral law and the reforms - Berlusconi and Grillo also speak at the same time.
The end-of-year report cards, analyzing the first glimpse of the 2013-2014 season, leave no room for doubts: the real surprise is Roma, who deserve the highest mark, while Juventus confirm themselves at very high levels despite the flop…
Progress over the year is modest (it would be more consistent if Japan was included) but, at world stock market level, the performance is completely satisfactory.
Growing demand in China and India has driven up prices and created a vast black market for sandalwood.
Antonio Maria Rinaldi, Claudio Borghi and Alberto Bagnai are invading compliant sites, newspapers and TVs to support - with laughable arguments - their battle to leave the euro and to propagate the "Manifesto for European Solidarity". They wink at Berlusconi,…
Sculpture 2014 the "Arnaldo Pomodoro Prize for sculpture" was awarded to Loris Cecchini (Milan, 1969).
Positive results for Piazza Affari in the year that has just ended: the Ftse Mib index recorded an increase of 16,7%, closing at the threshold of 19.000 points - The total capitalization rose to 438,2 billion - The value of the securities listed on the Bag…
In the last session of 2013, the Italian Stock Exchange nearly reached 19 points and closed slightly higher - The Yoox freshman is already the queen of Piazza Affari - Fondiaria-Sai collapses - Monte dei Paschi on the roller coaster but ends up in positive territory…
Overall, there were twenty new admissions to the stock markets and 17 companies revoked, for a total of 326 listed companies at the end of the year (there were 323 at the end of 2012), of which 290 on the main market.
In the Report on Social Cohesion, Istat indicates that 46,3% of pensioners have a pension income of less than a thousand euros - Only 15,1% above two thousand euros - Between 2010 and 2012 the number of pensioners…
The acquisition by Arca Sgr, the primary independent operator in the asset management market, of the entire share capital of Carige Asset Management Sgr (Banca Carige) was completed today at the agreed price of 101 million euro.
Confagricoltura draws a negative balance for the year that is going to close: in the first nine months the agricultural added value fell by 1,4% and employment by 4,3% - The loss of jobs was higher than that of the total economy…
Uncertainty remains high among Italian entrepreneurs as to when the crisis will emerge: this is what emerges from an analysis by the Confindustria Study Center on the trend of the range of GDP forecasts for the current year and the one following...
In the morning, the Treasury filled up on BTPs: 2,5 billion euro 10-year bonds placed, at a rate of 4,11% (0,11% more than the previous issue) - Spreads down - Piazza Affari flat but on top,…
The Treasury has assigned the entire amount offered of 2,5 billion with a coverage ratio of 1,28 according to the press release from the Bank of Italy - The market's demand amounted to 3,36 billion.
Prices for industrial production in the month of November are decreasing: this is revealed by Istat which highlights how in the past month, the index of production prices of industrial products decreased by 0,1% compared to the previous month.
At the moment, therefore, the stock market agrees with the Mps Foundation, according to which the postponement of the 3 billion euro capital increase, decided on Saturday by the shareholders' meeting, would have resulted in a short-term advantage for the stock.
The Norwegian Central Bank has held 2,021% of Banco Popolare in its portfolio since 23 December - this is what emerges from Consob communications - Through the Norges Bank investment management it is the second largest foreign investor in Paizza Affari.
The figure released by Istat shows a slight progress on November to 83,6 from 83,4 but rises to the highest level since July 2012 - Significant improvement in construction, less accentuated for manufacturing and services while trade remains unchanged…
“My country has successfully fulfilled the task entrusted to it, thus demonstrating that it deserved the trust of Europe”, the President of the Republic of Lithuania Dalia Grybauskaité claimed proudly before the European leaders in Brussels…
Mps does not sell prices at the opening of the session and shortly after 9, immediately marks a theoretical drop of 6,9% to 0,1611 euros per share, after starting at around -7,4% - After 9,30 the share rises around…
Fiat gains more than 1% in mid-morning on the Ftse Mib, with the market betting on the successful outcome of the negotiations underway between Lingotto and the American union Veba for the purchase of the remaining stake held by Veba in Chrysler.
It was since 1972 that the Japanese stock exchange hadn't recorded a gain as substantial as the one with which it is preparing to close 2013: around 50% depending on the index chosen.
China's banking system is getting too big to bail out: 'too big to bail out' - 'Official' lending has more than doubled since the crisis began in 2007 and has been growing twice as fast…
China has a rapidly aging population: in 2012 there were 60 million people over 194, at the end of 2013 it is estimated they reached 200 million (14,8% of the population).
The case of Monte dei Paschi is not a local dispute or a clash between strong personalities like those of Profumo and Mansi, but a test of the credibility and stability of the banking system and of the entire national system which,…
The Stock Exchange's judgment on the postponement of the capital increase for the Siena institute will not end in today's session but it will in any case be a first sign - The markets are hoping for New Year's barrels for Fiat - Btp auction today…
FROM THE ADVISE ONLY BLOG - It cannot be said that 2013 was a year devoid of emotions: this year too investors had to deal with numerous risk factors - But the risk paid off:…
Cooking is an art form, more and more, and then an auction dedicated to food and drink, "The art of food and drink", at Christie's in London could not be missing - Kitchen accessories and works on display iconic, and…
The church of San Barnaba in Bondo (Tn) hosts until 2 February "Man and the mountain. Excursions in the contemporary" a cultural project curated by Giovanni Pelloso and Mario Zanetti - Protagonist of the exhibition, which consists of photographs, drawings And…
The discontent of Renzi's Pd towards the Letta government is no longer hidden - "This Pd - said Renzi's Davide Faraone, head of Welfare of the party - cannot afford this Government" after 2 the impressive line of…
Profumo on the resignations: "These are decisions that are taken in the appointed places", "there is a Board of Directors already fixed for the month of January" - The recapitalization passes in June with 82,04% - Mansi (President of the Foundation): " Never been an act of distrust", "difficult to think…
The book "La Legge degli Affari", written by Luca Testoni, with Elena Bonanni and Felice Meoli, and published by Sperling & Kupfer with the support of Dla Piper traces the path that created the large law firms, favored the descent…
From 24 to 27 January 2014, the exhibition center of the Emilian city will host ArteFiera, one of the major European initiatives in the genre - There are many novelties in this year's edition which will see the participation of more than 150 Italian and foreign galleries.
Today the second convocation for the Sienese assembly: a third of the share capital is needed - The Foundation has the numbers to block the increase in January - Rumors of possible resignations of top management are intensifying - The entirety of the appointments has already started: Salvatori,…
Mental optical alterations 1929- 1999 is the name of the exhibition dedicated to the work of Franco Grignani, creator of the Pure Virgin Wool brand - The exhibition is hosted by the Galleria Gruppo Credito Valtellinese in Milan, from 23 January to 15 March…
The king of the transfer market in January is Nainggolan from Cagliari, contested by Rome, Milan and Inter - But sensational returns to Italy are also looming such as that of Menez (Juventus) and Lamela (Inter) - Honda and Rami already at Milan...
The Territorial Scenarios created by Unioncamere and Prometeia foresee a growth of 0,7% of the Italian economy in 2014 - However, the Northern regions most open to exports, such as Lombardy, Emilia-Romagna and Piedmont, will be the most successful - In the South Instead…
FROM THE "RED AND BLACK" BLOG by Alessandro Fugnoli - In 2014 the tapering will take some strength away from the euro and give it back to the dollar - But rates will remain at zero everywhere - As for emerging countries, periodically…
Once upon a time there was a craftsman who made flasks for wine, and his business was simply profitable: the same cannot be said of Italian banks in the last twenty years - This is how the banking Eldorado was squandered: from the Text…
The electricity bill increases by an average of 4 euros on an annual basis
Way to new governance. Simplified control chain
Fifth session on the rise for European lists: the Dax even reaches a new historical record - Piazza Affari also did very well (+1,39%) - The protagonists of the day were the titles of the Fonsai-Unipol galaxy, after the go-ahead for the merger …
According to data collected by Coldiretti, 290 million bottles will be consumed abroad on New Year's Eve, out of a total of 440 million - Even Italians choose local sparkling wine: only 11% prefer champagne.
The objectives are the development of new models, the improvement of technology and the expansion of the worldwide production network - Audi also intends to increase jobs over the next year.
The title of the microblogging giant takes its first misstep since its listing on the stock market on November 7: Twitter shares drop 5% on Wall Street, thanks to the downgrade by Macquarie Capital - On…
According to some of the main brokers, the sectors to bet on are those of technological, financial (more investment banks than credit institutions) and pharmaceutical stocks - the first two also because they travel at rather low multiples, healthcare despite…
In addition to the Milleproroghe on salva-Roma and gold rentals, the Council of Ministers addressed "the distribution of European structural funds which risked not being used for the 2007-2013 financial year", explained Prime Minister Enrico Letta - It is of a…
REPORT OF CONFINDUSTRIA AND STUDIES AND RESEARCH FOR THE SOUTHERN AREA - In the first nine months of 2013, almost 100 southern companies ceased their activity, at a rate of 366 closures per day: no less than 2.527 companies…
Quorum for first call skipped, meeting postponed until tomorrow - Mps Foundation present - At Consob's request, the legal opinion requested by the board of directors on the postponement of the increase has been published - Siena decided to clash, Mayor Valentini on…
The first Special purpose acquisition company listed on the Italian stock exchange made its debut on the AIM this morning - After the first few hours of trading, the stock marks a sharp rise - The objective of the listing of GreenItaly1 is to raise the funds…
The recall comes a few days after the withdrawal of the Rome-saving decree, which will expire on December 30 - "I renew the invitation to abide by the admissibility of the amendments of close relevance - wrote Napolitano - and the related purposes also by adopting appropriate modifications ...
The helicopter company of the Finmeccanica group would be on the verge of signing a 400 million contract with the British Defense Minister for the conversion of 25 Royal Air Force aircraft.
The announcement came at the end of the Council of Ministers - The current number two of the OECD will take the place of Enrico Giovannini, Minister of Labor since April 2013.
The quotation of the lira today reached a new historic low against the dollar, at 2,1467 - At the opening, the main index of the Istanbul Stock Exchange (Bist 100) fell by 3,76%, after -2,33% yesterday and -4,2% of…
The Treasury placed all 8 billion euros of the new six-monthly Treasury at auction on 30 June 2014, but with rising rates: the yield rose to 0,827% from 0,539% in November - Stock markets rise in Europe…
After the appointment of Piero Garda as new chairman of the Bank's supervisory board, which took place last Saturday, on Monday he had already recorded a drop of 0,82%, after gaining 11,3% in three sessions (from the close of 17 to December 20).
Consob has released the definitive go-ahead for the merger between Unipol, Fonsai, Premafin and Milan, which will lead to the creation of the UnipolSai maxi-insurance hub - On 19 December, the Bolognese company received an offer for the assets…
Only 49,3% of the capital was present at today's meeting, so there was no quorum to resolve - MPS shares very volatile on the stock exchange - Piazza Affari is positive: Fondiaria Sai shines after Consob's latest go-ahead for the merger…
After the sensational reverse on the Rome-saving decree, the Government is called to resolve today, in the last Council of Ministers of the year, at least the main questions that remained open, but it seems that the chapter relating to housing is destined for yet another postponement - Between…
According to Bloomberg, a meeting between the two sides took place this week after the UAW rejected a higher offer from Chrysler earlier this month - Meanwhile, Chrysler cut interest on a $22 million…
Very hot meeting today in Siena: between the bank and the Monte dei Paschi Foundation there is no agreement on the timing of the capital increase - But without recapitalization immediately Profumo and Viola resign and the nationalization of the bank becomes inevitable…
The company active in the trade and supply of technology in the authorized gaming sector has reached an agreement with the Revenue Agency to settle some outstanding issues - Gtech will pay the tax authorities 34,7 million for 2013.
The portfolio relates exclusively to loans deriving from loan agreements governed by Italian law for an amount (gross of value adjustments) of approximately 950 million euro - Unicredit reports that the operation will be finalized by…
The good closure of Wall Street and a reduction in short rates in China comforted equity markets in Asia - The new record depreciation of the yen, which exceeded its level during the session, also helped…
Business incubators are no longer just a peculiarity of Silicon Valley - With a vivacity worthy of such a cause they are also springing up in Japan - The 'Samurai Start-up Island' is a start-up at the service of start-ups: it offers a…
From the one billion investment by Fiat in the Kragujevac plants to the leadership of Intesa Sanpaolo and Unicredit in the banking sector: Serbia is already a land of business for Italians (the first Western presence in the country with 51 arrivals in 2012)…
According to the Csc (Confindustria Study Centre), public capitalism costs the State almost 23 billion, about 1,4% of GDP, a "weight that Italy can no longer afford" - "Most of these bodies are born, locally, to…
Appointment Friday 27 December at 16.30, at the Civic Library of Cosenza - Serra analyzed the causes of the shortage of money in the Kingdom of Naples and the factors that could have reversed this economic trend: he was among the first to…
The euro is stable against the dollar, at 1,368 and strengthens against the yen at 143,4: the highest exchange rate since September 2008 (the month of Lehman Brothers) - Oil, which 'feels' conditions favorable to growth, is approaching share 100
The shopping districts are all a succession of extraordinarily elaborate shop windows and the most important shopping centers compete in exhibiting one more amazing gimmick than the next.
This retrospective dedicated to Gaetano Pesce in France is the first for over fifteen years and presents works that illustrate all of his creative production starting from 1969 up to the most recent works, and will take place at Sotheby's Paris…
Tomorrow Mps convenes the members to decide the timing of the increase - Profumo warns of the serious risks of a postponed increase - Confindustria Siena hopes in a postponement of the meeting and invokes the intervention of the CDP - The industrial association has…
INTERVIEW WITH ELISABETTA GUALMINI, president of the Istituto Cattaneo, who grades political leaders - "Renzi was the best but for him the exams start now" - Full marks also for Napolitano and Letta - 7,5% for Grillo…
Lively interest in the Sotheby's New York auction "Important 20th Century Design" which reached a total of 5,145,500 USD - While design remains a particular sector from the point of view of collecting, it regains strength and conquers new collectors…
The good mood of the markets owes much to America (last night Wall Street closed with other records): data on household consumption – national accounts data, which cover all purchases, well beyond retail sales…
In the most populous Islamic country in the world, there is a debate as to whether it is permissible for a Muslim to wish a Christian "Merry Christmas" or whether in doing so he contravenes the precepts of his own religion - The dispute has distant roots.
The Hall of Palazzo Madama approved the confidence placed by the government on the measure with 167 votes in favor and 110 against - The senators then expressed their opinion on the latest version of the maneuver, approving it with 158 yes, only one no and one…
Fresh resources to support a 2,7 billion multi-year plan - They will be used to build new platforms off our coasts and to modernize existing ones - Contract signed for the first tranche of 200 million - Yes…
The exhibition which, with a selection of over 200 works, was the largest collective of artists from the former British colony ended at the beginning of the month at the Royal Academy in London - The main themes are those of the aboriginal landscape.
Miart (Milan from 28 to 30 March 2014), art, collecting, design, fashion, awards and acquisition funds in the new cycle of miartalks.
With a catalog of 694 lots Sotheby's Hong Kong presents the auction "Finest & Rarest Wines And The Macallan Imperiale “M Decanter—Constantine".
According to the president of the national council of actuaries, Giampaolo Crenca, "an enlarged working table is needed with the aim of defining a single truly structural overall intervention that can give a new face to the entire sector".
From Usain Bolt to Lebron James's Miami Heat, to Sebastian Vettel: 2013 was above all a year of great confirmations, and excellent returns such as those of Rafa Nadal in tennis and Federica Pellegrini in swimming - Tra…
From bonds to the Fed, from the High Yield segment to emerging markets, from Latin America to bank loans to government agencies: here are the forecasts for next year from Natixis Global analysts.
INTERVIEW WITH GIANNI TAMBURI, president of Tip - "Globalization has shed its skin and the competitive model has returned to the American one. Our most dynamic companies have already understood this. In our country there are many champions of Made in Italy:…
The political framework in which the government operates remains precarious, reforms are not seen for now, but there are no alternatives to counter irresponsible forces which, not surprisingly, attack above all the Quirinale, as guarantor of the stability of the…
The aerospace group sold a 39,55% stake in the company's capital, for a value of 277 million.
Positive in the last session of Piazza Affari (0,7%) before Christmas - Exploits of Autogrill but also of Fiat, Mps and Stm - Ferragamo down after a long ride - Sales on Bper, Mediobanca, Ubi - The spread settles …
There were 340 votes in favour, 155 against - The provision must now return to the Senate for the final go-ahead for conversion into law.
The lion brought its stake in Pirelli to zero from 4,8% of Consob's July communications - The Harbor international fund enters, which as of last November 30 managed assets for 40,187 billion dollars - Pirelli goes up…
The maneuver is unbalanced on revenues: next year 67% of the coverage comes from higher revenues, which drop to 59% in 2015 and 2016. Tax and social security contributions increase by 2,1 billion in 2014, from around 600 million …
The Shareholders' Meeting had been convened to incorporate into the Articles of Association the contents of the decree law which revalues the capital of Bankitalia to 7,5 billion euros, from 156 thousand euros 80 years ago.
Monte Paschi runs, in the wake of the hypotheses on a close agreement for the sale of 20% of the shares by the Foundation (which he denied) - Telecom Italia negative, after the Board of Directors was reconfirmed in Friday's meeting (but…
The Foundation has "categorically denied any hypothesis of transfer" of shares in the Bank to other foundations - The Profumo-Viola couple is determined, under penalty of resignation, to start the increase as early as January - The stock also has other reasons...
The Prime Minister speaks of a decisive "generational change" for the country - As for financial stability, the Premier recalls that "it is worth a dividend of around 5,5 billion euros in terms of lower interest on public debt, the…
The sales on the stock come after the outcome of Friday's shareholders' meeting, which rejected the board's request for revocation (requested by Marco Fossati, the group's shareholder with 5%) and from which no news on the group's strategy emerged. …
