Chinese authorities took this decision because of PwC's role in the audit of Evergrande, the real estate giant that has been put into liquidation and accused of fraud.
A research on technological and organizational innovation in Private Banking conducted by the Italian Private Banking Association and Supernovae shows that digitalization and artificial intelligence have become the two drivers of the sector
The private bank from Genoa marks an exceptional semester with a net profit up 16,7% and a CET1 at 17,5%. Deposits and securities under management increase sharply
Rete Ferroviaria Italiana has launched an ambitious redevelopment plan for over 600 railway stations in Italy over the next ten years. This project aims to transform stations into accessible and sustainable integrated mobility centres, improving accessibility and integrating…
The new structure, which includes divisions for natural resources, chemicals and energy transition, aims to enhance the value of satellite companies and give a decisive push to the industrial transformation of the group. Here are the details
Mastercard strengthens its cybersecurity offering with the acquisition of Recorded Future, a global leader in threat intelligence. Closing expected in the first half of 2025
OpenAI plans to raise up to $6,5 billion in a new funding round. With participation from Apple, Nvidia, and Microsoft, the startup could take on the top spot occupied by ByteDance (TikTok)
Alberto Fujimori, former president of Peru, has died at the age of 86. He governed the country with a mix of economic reforms and authoritarianism between 1990 and 2000. Convicted of crimes against humanity, his legacy remains controversial: for…
Andrea Amalberto has begun his term as president of Confindustria Piemonte, appointing four vice-presidents and creating 10 commissions, including a new one for Aerospace. Here are the details
This is a Phase II investigation under merger control rules. Swisscom: "Not unusual in our industry"
Italiaonline records a 5,7% growth in revenues and a 26,9% growth in Ebitda in the first half of 2024. Excellent performances in the Web & Media Solutions and Publishing & Adv sectors, with a strategy oriented towards new M&A opportunities
Before Covid, the European Union was considering adopting a single time for the whole year. Brazil, which did so, is regretting it, because the "short" days do not allow to respond to the peak in consumption with photovoltaic…
A manifesto signed by scientists and environmental organizations highlights the critical issues of the great glacier which is gradually shrinking and the risks are increasing
Bioeconomy becomes a battleground for startups. The support of banks and scientific institutions makes it a highly specialized sector
Commerzbank, Unicredit and the banking game of risk: Chief Manfred Knof pulled the German institution back from the brink of collapse in 2009. And now he's leaving. The bank has improved significantly, but headwinds are coming: the weakness of the German economy,…
After the end of the Harris-Trump debate, a CNN poll records a large victory for the vice president, while stocks linked to Trump and his promises collapse on Wall Street
In September 2024, Italian companies expect 538 hires, an increase of 1,3% compared to the previous year. The services and tourism sectors drive growth, while industry and small businesses face difficulties. Increased demand for workers…
Intesa Sanpaolo's Monitor of Italian agri-food districts as of March 31, 2024 confirms the good health of exports of agri-food districts (+6,6%), while other manufacturing sectors are struggling to keep pace with a slight decline of 2,7%
With over 20 years of experience at American Express, Diacono will lead the consumer and business divisions in Italy and oversee joint ventures in Europe and the Middle East
The global funds of the International Corporate Governance Network raise strong criticisms on the capital law and hope for a rethink in the context of the reform of the Consolidated Law on Finance. The Government: "Stakeholders will have time and space to be heard"
The Antitrust has set its sights on the schoolbook market, worth one billion euros, to clarify issues such as high prices and frequent changes of edition
BT Italia's four data centers, which generated about €300 million in revenue last year, would strengthen Tim Enterprise
From today, September 11, 2024, the Nightjet will connect Rome, Vienna and Munich. The train, the result of a collaboration between Trenitalia and Öbb, offers various accommodations and services on board. Here are the details
Unicredit buys 4,49% of Commerz for 702 million euros and becomes the second largest shareholder with a good chance of taking it over entirely. Both shares rise on the stock exchange
The latest FBI report reports a 45% increase in cryptocurrency fraud in 2023, with losses of over $5,6 billion. Techniques such as investment scams and the fraudulent use of Bitcoin ATMs are especially targeting the elderly. Here…
Trump insults less than usual but does not recognize the defeat of 2020 and denies his responsibilities for the assault on Capitol Hill but Kamala Harris nails him to the facts. The economy highlights two opposing visions. On foreign policy, no one is completely convincing
The EU Court has definitively put an end to a dispute that has lasted for years and has overturned the first instance ruling of the General Court of the European Union, establishing that the preferential tax regime granted to Apple was "illegal aid"
Even though Sinner shone on the court and won his second career Slam, the shadows of the Clostebol case have not completely faded. Here are the details
This agreement aims to develop new software solutions and improve driving functions thanks to sensors integrated into tires, known as “in-tyre” sensors.
Successful launch for the Polaris Dawn mission, the first with a civilian crew to perform a spacewalk. Five days in orbit, a step towards the future of space exploration and Elon Musk's ambitions on Mars
Apple's new AirPods offer features that make them hearing aids that can also be used for tests. But according to some analysts, despite the immediate repercussions on Amplifon's stock, for the Milanese company this is "a…
A new representative body for hydrogen operators is born. The political game on energy transition remains open
Enel may abandon Vietnam, following in the footsteps of Equinor and Orsted. Problems with solar and wind plants and lengthy price negotiations have slowed the energy transition, forcing the country to use more coal
WeTransfer, recently acquired by Bending Spoons, is preparing for a drastic reduction in staff. The decision, confirmed by CEO Luca Ferrari, is part of the strategy of Bending Spoons, known for its significant post-acquisition restructuring
During its “It’s Glowtime” keynote, Apple unveiled its arsenal of new products: the iPhone 16 with its powerful A18 chip, the Apple Watch 10 with a lighter design and larger display, and the AirPods 4 with audio…
Like in the movie "Sliding Doors", Intel and others have taken a different path than Nvidia in 2018. Here are the companies that didn't fully believe in AI and are now struggling to get back on their feet
Greek PM Mitsotakis announces a new tax to combat tourist overcrowding on the two islands. The measure aims to limit the influx of tourists and finance sustainable infrastructure. Other European cities such as Venice and Rome adopt similar strategies, while…
Unicredit, according to Mf, the operation has seen a demand that exceeded 3 billion euros, highlighting the interest of investors in long-term instruments
Former Culture Minister Gennaro Sangiuliano is now in the crosshairs of the Rome Public Prosecutor's Office for embezzlement and the Lazio Court of Auditors for alleged damage to the treasury, with both institutions committed to shedding light on any abuse of funds…
The fashion musical chairs continue: the British designer, known for Kate Middleton's wedding dress, will lead the creative direction of Givenchy immediately and will present her first collection for Fall/Winter 2025 in March during the Paris…
Beko faces unprecedented crisis with the closure of two factories in Poland and a heavy loss of profits in 2024. The Turkish multinational, hit by Asian competition and price wars in European retail, is facing…
In an era of technological transformation, even music is being affected by illicit uses of artificial intelligence. Michael Smith is accused of using AI and bots to generate fake streams and earn over $10 million in royalties.…
Brazil is experiencing the worst drought in its history: in some areas the air is as dry as the Sahara and tens of thousands of fires are putting entire ecosystems at risk, as well as the health of millions of…
During the Ambrosetti Forum, the new CEO of Ferrovie dello Stato, Stefano Donnarumma, opened up to the possibility of opening up the capital to private individuals, with caution and foresight but the "final decision is up to the shareholder". A new study is underway. Meanwhile Fs…
During the meeting between Assolombarda and the MEPs of the territory, investments in raw materials, the single energy market and talent attraction were discussed as key elements for the competitive future of European industry. Spada, Assolombarda: "without industry there is no Europe"
After the pause due to the pandemic, youth emigration in Italy is growing again. Between 2022 and 2023, over 100.000 young people left the country, with serious consequences for demography and the economy. Lombardy and Veneto are the most…
At the Cernobbio Forum, the meeting between Giorgia Meloni and Volodymyr Zelensky highlighted Italy's support for Ukraine and the Ukrainian president's urgent request for new military supplies. Zelensky asks for more weapons. Meloni, "commitment to the…
In the five-year period 2024-2028, Italian companies will require up to 3,9 million new workers. Lombardy will lead the demand, with the PNRR that could create 970.000 jobs. 37-38% of the need will require tertiary training and 47-48%…
The sixth edition of the economic survey by Club degli Orafi Italia, presented at VicenzaOro in collaboration with Intesa Sanpaolo, highlights the solidity of the Italian gold sector. Despite global challenges, an increase in turnover is expected for 2024, driven by…
The author, now a sports doctor in Alta Val Pusteria, recalls her youth when she watched Michel Barnier, the new Prime Minister of France, climbing the mountains of the French Alps. "He was handsome and good but now he has a job that will make your wrists tremble"
Macro data does not help the stock markets but America is doing worse than Europe, which is also affected by the vicissitudes of Raiffeisen Bank in Russia. In the Nasdaq Nvidia always down
In a letter to Prime Minister Meloni, Sangiuliano resigns and goes on the attack: "Free hands to act in the appropriate places". The Court of Auditors' lighthouse on the Boccia affair
The procedure on the new five-year plan will continue with the validation of the trend framework
Speaking at the Cernobbio Forum, President Mattarella underlined: "The criticisms of EU choices are disconcerting when they come from protagonists who took part"
Transport, Ita Airways and, for the first time in Italy, Wizz Air are on strike on Saturday 7 September: flights cancelled and guaranteed. From Sunday 8 to Monday 9 September, trains, buses and the metro will stop: risks and inconveniences
Health risks are increasing and the EU is taking action with guidelines to monitor the phenomenon. But in Italy we are late
Italian industry emerges as a leader in Big Science, contributing to major international scientific projects such as nuclear fusion. This was discussed in Turin in view of the Big Science Business Forum 2024 to be held in Trieste from 1st to 4th…
The new 8-year bond launched by Intesa Sanpaolo immediately fills up with orders: it is a senior non-preferred bond of 1,5 billion euros that has raised 4,3 billion. Here are all the details
Deal priced at $38,50 per share, a 44% premium to the average price. Verizon will significantly expand its fiber optic network, serving approximately 10 million customers and covering more than 25 million locations. The deal,…
Messina ranked first for the seventh year since the ranking was introduced nine years ago. The bank's board of directors also ranked first among European institutions
Capgemini Research Institute report highlights importance of transparent system to manage risks and ensure ethical trust in AI use
After UBS and Nomura, now also JP Morgan has decided to abandon the buy recommendation on Chinese stocks and moves from "overweight" to "neutral"
Kamala Harris has proposed a 33% overall capital gains tax, versus Biden's promised 44,6%. Help for startups and small businesses has also been promised
The electric car crisis is also hitting Volvo, which is changing its goal: instead of aiming to produce only electric cars by 2030, it is now aiming for a mix of 90% electrified and 10% mild hybrids
Qualcomm unveils the Snapdragon X Plus 2024-core chip at IFA 8, challenging Intel and AMD. With 61% higher performance and advanced energy efficiency, the new processor revolutionizes the PC market thanks to the integration of AI and collaboration with companies…
Zero-emission energy production is planned through floating offshore plants equipped with new-generation compact reactors. In the future, it will also be possible to consider transmission on land
According to the analysis by Ref Ricerche, in the second quarter of 2024 Italy shows modest growth with a slightly increasing GDP, mainly supported by tourism, which reaches a historical record. While industry struggles to take off, the service sectors and…
Mediobanca has been awarded as "Best Broker in Italy" for 2024 by Extel, obtaining important recognitions in the Research and Sales categories, confirming its leadership for Italian and international investors
Draghi illustrated to the Permanent Representatives of the EU countries the conclusions of his report on competitiveness. According to the former Prime Minister, it is necessary to act 360 degrees and involving all the actors of the continent
The private equity giant predicts that over the next five years, approximately $2 trillion will be invested in building new data centers globally, with $1 trillion earmarked for the U.S. alone.
Italian financial wealth represents 11,4% of the total in Western Europe. With an annual growth of 4,4% since 2018, it is expected to reach 7.400 trillion dollars by 2028. Here are the data from the latest Boston Consulting Group report
Stellantis Announces New Executive Changes: Bob Broderdorf to Lead Jeep North America, While Bill Peffer Takes Over Dealer Network Development, Succeeding Veteran Phil Langley
This is a 650 megawatt offshore plant that will be incentivized by the UK government's renewable energy development plan, which aims to reach 2030 gigawatts of wind energy by 50.
Zelensky has launched an unprecedented cabinet reshuffle, with a series of resignations that have turned the entire executive upside down. While the pieces of the government are flying, the conflict with Russia continues to sow chaos and victims
The Venezuelan opposition leader, who some countries like the US consider the legitimate winner of the last elections, risks 30 years in prison. Maduro on TV: "A Christmas of peace and happiness in homage to the citizens"
Amidst global crises and challenges, the Italian tile industry has never given up: it has invested in innovation and quality, remaining one of the jewels of Made in Italy, even in difficult times. This will be discussed at Cersaie 2024 at the end of…
From 6 to 13 October, events in all the Regions to get closer to the phenomena that upset the lives of millions of people. Italy spends less than 30 billion a year
The summer transfer market session is over and here are the final numbers: A total of $6,4 billion spent on 10.900 transfers. England dominates the ranking with $1,6 billion but Italy is right behind with $825 million and 526 purchases. In…
Benedetta Petruzzo, CEO of Miu Miu, will become managing director of Christian Dior Couture from October 15, replacing Charles Delapalme. The news has had repercussions on Prada, parent company of Miu Miu
Among the 50 winners are Alessandra Michelini, chief transformation officer of Tim, Anna Russo, global AI and data science director of Gucci, Annamaria Nassisi, manager space economy observation and navigation of Thales Alenia Space, Antonella Ambriola, chief transition officer…
Production lasted 18 months. Launched in Italy, France and Belgium. Goodbye lactose, here are chickpeas and rice syrup
Webuild and Ansaldo Nucleare join forces to develop modular solutions to accelerate the transition to a low-carbon future
Swiss Railways (SBB) has announced the complete reopening of the Gotthard Base Tunnel for freight and passenger traffic.
The U.S. automaker has asked suppliers to prepare for a double-digit increase in Model Y production at its Shanghai plant. Competition from Chinese manufacturers
Macron is preparing a big surprise for the leadership of the French government: the new prime minister could be a technician close to the CFDT, the reformist and Catholic union, who has said he is willing to receive the mandate of prime minister
The Mont Blanc tunnel will be closed for 105 days for the first test construction site for the restoration of the 11,6 km long vault. Effects on Turin already
On the Ticketmaster platform, the price of tickets for the Oasis concert has more than doubled due to the "dynamic pricing" system. Fans are furious, Downing Street intervenes
The day after the victory of the Formula One Grand Prix of Monza, with Charles Leclerc, the Reds announce the change of bank. Here are the details
CEO Pat Gelsinger and the group's top management are working on a plan that could include the sale of the programmable chip unit Altera and also the shelving of the $32 billion super factory in Germany.
WhatsApp is about to launch important updates: the introduction of usernames and Pin for greater privacy protection, and the new "Privacy Checkup" function
After the strong minus signs of recent years, the sector is starting to recover in the wake of improved monetary conditions. The technology sector in Italy shows several opportunities
The new Dedicata a Te card is active: the 500 euro bonus intended for all families with an ISEE lower than 15 thousand euros. But be careful: not all families will receive it only those who meet specific requirements
Coca-Cola shares hit a new record on Wall Street, surpassing $310 billion in market capitalization. With rising profit margins, the group has been able to increase its dividend for over 50 years in a row
Gianni Previdi presents his new book "Innovation is a disobedience that generates value", published by goWare, in which he explores the importance of "orchestrating the dual activity of exploration and exploitation" in companies and underlines how innovation requires "disobeying the rules…
The Oceanian country has given the green light to the mega $24 billion SunCable project, behind which is the young tycoon and activist Mike Cannon-Brookes, the fourth richest man in Australia. The plant will generate 6 GWh and…
After the feared “Black Monday”, markets surprised with a rapid recovery in August. This recovery was supported by positive data on inflation and growth, which reinvigorated confidence and reduced recession fears
The farewell of the patron Volpi has unleashed a series of events that led to the closure, on August 2nd, of the most glorious water polo club, now transformed into a social entity. Water polo in Recco continues with the new club "Recco…
We are at hand number 17: get behind the wheel of this little heart slam declared in the opponent's silence. Can you do like Aldo Mina? The solution next Saturday!
Alfredo Altavilla, a long-time collaborator of Sergio Marchionne at FCA, has been appointed Special Advisor for Europe by the Chinese electric vehicle giant BYD. With his vast experience, Altavilla will lead the company's European expansion in a highly competitive market
In the first quarter of 2024, Italy's exports reached those of Japan, reaching 168 billion dollars and ranking fourth in the world