The government dominates the banking game between strategic blocks and golden power, but interventionism leaves more than one doubt about the real balance between public interest and power games
Stocks today, Wall Street closed for holidays. Luxury and banks in Milan – Follow the LIVE BROADCAST • MARKETS Why the Fed cuts its economic estimates by Gabriella Bruschi
Trump personally takes charge of the management of the war against Iran and considers whether or not to directly engage American bombers against Iranian nuclear power plants. Meanwhile, support for Israel also comes from German Chancellor Merz
European stocks close lower on fears of escalation between Israel and Iran. Milan is the worst with banks, Cucinelli stands out. Wall Street weak weighed down by disappointing macroeconomic data. Expectations for the Fed rise
ECONOMIC HANDS FOR JUNE 2025 – Will the Italian economy stumble over tariffs? What structural factors are working in Italy’s favor? Will the PNRR push continue? Will the U.S. economy be damaged by anti-deportation riots? Will tariff negotiations lead to…
Israel attacks Iran: raids against nuclear and military facilities, ballistic missile factories and high-ranking officials. Tehran responds: at least 3 dead in Israel. Khamenei appoints new army chief, nuclear talks with the US stopped
INTERVIEW WITH PETER CHASE, diplomat and former director of the US State Department's office for EU affairs. Duties are a pillar of the Trump administration but "his tariffs are a new tax that will weigh on American companies".…
Speaking at a Goldman Sachs event, Orcel says: "We have been asked to increase our offer" on Commerzbank. And on Banco Bpm: "Without clarity on the golden power we will withdraw the offer"
From the boom in US millionaires to the rise of investments in alternative assets such as cryptocurrencies and private equity, the Capgemini Research Institute's World Wealth Report 2025 highlights key trends that are redefining the world of wealth management.
The referendum on the Jobs Act promises the reinstatement of workers in the case of unjustified dismissals, but if the Yes vote wins, the paradoxical result would be a reduction in the months of compensation for those fired. Compared to ten years ago, the emergency of the labor market…
Eighth consecutive cut by the ECB. Inflation estimates are revised downwards, while those on growth remain confirmed. The long-awaited phone call between Trump and Xi Jinping lights up Wall Street
A few days before the decisive meeting of Mediobanca on the takeover bid for Banca Generali, the clash between CEO Alberto Nagel and Francesco Gaetano Caltagirone, owner of 7,39% of the capital, is getting worse. The Consultation Pact sides with the takeover bid: "Strong rationale"
INTERVIEW WITH SILVIO GARATTINI, researcher, pharmacologist, internationally renowned oncologist and founder and president of the Mario Negri Institute, who knows the mechanisms that intertwine between health and disease and explains how, with a few moves, you can improve. What…
Bankitalia Governor Panetta returns to the stage at Palazzo Koch with his Final Considerations: “Tariffs can compromise prosperity and peace”. And then: “A common European response can allow us to overcome the difficulties. Italy will also benefit from it”
Double blow for Trump: a federal court blocks his tariffs, deemed illegal, while Elon Musk leaves the government, criticizing the maneuver: "Unsustainable and harmful to public finances"
The management of Stellantis returns to Italian hands with the appointment of Neapolitan Antonio Filosa as the new CEO, who earned the promotion on the field after many years in America. His appointment will start on June 23
Europe closes higher, Wall Street rises with tech (waiting for Nvidia's accounts). In Milan Prysmian soars (+4,56%). Btp Italia exceeds 3 billion - Follow the LIVE
Unicredit's board of directors has approved the waiver of the condition relating to the Anima operation and underlines that "it is evident that the Anima operation was carried out under considerably less favourable conditions than previously assumed". Savona (Consob) to the government: "Ready to leave…
Consob suspends Unicredit's takeover bid on Piazza Meda for 30 days, asking for clarifications on the golden power. Banco Bpm attacks: "Abnormal suspension", ready to appeal against Consob resolution
The Taranto case is back in the spotlight, but for now it remains without concrete answers from industry, banks and politics. This is why nationalization can become the last resort
The minutes of the meeting of April 17 that approved the capital increase to service the offer of MPS on Mediobanca show that the major international shareholders were divided on the operation. From Ivass the green light to the takeover bid
The dividend day is coming, with 23 big names in the Ftse Mib and many other companies that will detach the coupon. High yields. Here is the complete guide to the dividends of May 19
Wall Street mixed, while Europe closes positive despite the half-flop of the Russia-Ukraine talks in Istanbul. Leonardo runs in Milan, Novo Nordisk down in Copenhagen after the CEO resigns
The fire at the Taranto blast furnace puts into doubt not only the future of the most important site in the Mediterranean but also the fate of the Italian steel industry itself. The chain of responsibilities is endless and the rosary of promises and failures is…
According to Alessandro Fugnoli, strategist at Kairos Partners, the stock market recovery of the last two weeks appears defensible, but "to extend it we will have to wait until next year"
European stocks take a breather after Monday's rally but close the day with gains, US inflation below expectations. Follow LIVE
THE HANDS OF THE ECONOMY OF MAY 2025 – How much will global growth slow down? And why is the American economy slowing more than others? What weapons does China have to counter those duties that double (and more) the cost of their exports? What…
The style with which the new Pope presented himself to the world is good news even for non-believers: dialogue and not conflict and realism in innovation. No populism
Europe rises and looks with optimism to possible clearings on the tariff front after the US-UK agreement. The Fed does not cut rates, the BoE does. In Milan a rain of quarterly reports – Follow the LIVE
Stocks down, Amplifon in Milan, Italgas and Ferrari doing well - Follow the LIVE
Stock markets at two speeds after Merz's election in the second round. Wall Street falls looking at the Fed. In Milan (+0,22%) Amplifon stands out after the accounts. Ferrari also does well, Intesa weak
According to the number one of Banca Mediolanum the takeover bid "makes a lot of sense from an industrial point of view". The CEO of Mediobanca Nagel today at Palazzo Chigi to explain the validity of the operation
Europe closes with strong gains. Milan returns above 38 thousand points, driven by Prysmian and Leonardo. Banks do well, utilities are weak - Follow the LIVE BROADCAST • MARKETS Evidence of a thaw between the US and China: what's happening by Gabriella Bruschi
European stock markets close mixed, with Milan in the lead (+1,09%) thanks to the banking rally led by Mediobanca and Mps. Wall Street advances ahead of tech quarterly results and new announcements on US tariffs
Mediobanca has declared that it will finance the merger by selling Assicurazioni Generali shares to Leone. This would mean that Caltagirone's object of desire in the MPS takeover bid for Piazzetta Cuccia would disappear. Details and calendar
In Trieste, the Generali assembly confirmed the current top management. The budget and dividend were also approved. Unicredit rose to 6,7 and surprisingly chose the Caltagirone list. Donnet: "Today the company won, Generali won"
Piazza Affari closes on the rise together with the European lists: how much does the de-escalation between the US and China on duties count - Tomorrow Banco Bpm board of directors decides on Unicredit Ops - Follow the LIVE broadcast
European stock markets close the session slightly higher, supported by the recovery of Wall Street. Piazza Affari limits the damage (-0,09%) with Tim, Generali and utilities - Follow the LIVE
The Old Continent's stock markets close mixed but reduce losses at the end. Milan is the queen of Europe. Powell speaks tonight, the ECB tomorrow - Follow the LIVE broadcast • MARKETS Here's why it's stormy again. The price of gold rises again…
All European stock markets close higher. The auto sector rises on the hypothesis of a 25% reduction in duties. Wall Street moves more cautiously - Follow the LIVE BROADCAST • MARKETS Tariffs on chips and pharmaceuticals are coming…
ECONOMIC HANDS FOR APRIL 2025 – Is global growth going to slow down sharply? Who will suffer the most between the US, China and Europe? What degrees of freedom do economic policies have to counteract the wound inflicted by tariffs? What are…
After Beijing's response to Trump's tariff war, European stock markets reverse course and close nervously. Wall Street also swings - Follow the LIVE
Europe closes in rally, but after the negative opening of Wall Street, it slows down slightly. Between Prada and Versace 1,25 billion agreement. At Piazza Affari all the blue chips are positive - Follow the LIVE
Rain of sales on Piazza Affari and on all European stock exchanges after China responded to the United States on duties, raising the level of the trade war - Follow the LIVE broadcast
Wall Street runs and European stock markets bounce back, recovering some of their losses. Trump: "China wants an agreement on tariffs, we're waiting for a call". Wp: "Elon Musk tried to convince him to lift the tariffs"
Global markets on a rollercoaster waiting to see what Trump will do about tariffs. In Europe, Milan is the worst. "Don't be weak, don't be stupid," says the president. Von der Leyen: "Proposed zero-for-zero tariffs on industry" - Follow the live broadcast
Europe closes in deep red after Trump's duties and Chinese countermoves. Milan is the worst: banks, insurance, cars and oil in free fall
Trump declares global trade war with his duties: here is the list of levies in the world, for Europe a 20% increase. Foreign cars will be subject to 25% tariffs starting immediately. Europe's reaction, Meloni: "Wrong measures". Wall Street, dollar and…
At 22pm Italian time Donald Trump will announce the new duties. Mattarella: "A united response is needed from the EU". Meloni: "Work to avoid a trade war". Here are the most exposed sectors and the risks for Italy
US tariffs, China, EU rearmament: interview with Swedish economist Hanna C. Norberg, consultant to the EU Commission: "Nationalist impulses? The Russian invasion of Ukraine and the abandonment of US support for Kiev have increased EU public spending. To resist Trump, a…
Marine Le Pen found guilty of embezzlement in the trial over European public funds. The race for the Elysée fades away. Bardella: "French democracy executed"
After the "bomb" dropped on cars with 25% duties, car manufacturers must make a decision: move to the US, as Trump would like, or raise prices, as Ferrari did? If Washington doesn't reverse, it will be a…
Unicredit shareholders' meeting gave almost unanimous approval to the capital increase for Banco Bpm's takeover bid. Orcel's warning: "We reserve the right to evaluate once Banco Bpm's offer on Anima has been concluded, but we will only proceed under the right conditions"
Earthquake in the Italian banking risk. Banco Bpm calls a board meeting tomorrow to discuss the effects of the No. On March 27th there is also the Unicredit assembly. Orcel could decide to withdraw the offer and focus on Generali
According to La Stampa, a tough clash could occur during Wednesday's board meeting between the Chinese partner Sinochem and the management of Pirelli, which, after the entry into force of new rules in the US, does not want to risk losing a market that…
INTERVIEW WITH SALVATORE ROSSI, former Director General of the Bank of Italy. "Cryptocurrencies are the chips of a gigantic gambling game" and, if Trump's plan for deregulation and the creation of national crypto reserves were to come true, savers and consumers…
European stock markets close lower on the day of options and futures expiration, even after the vote in Germany on defense investments. Airlines fall after the fire at Heathrow airport. In Milan Banco Bpm does well, the…
European stock markets remain down, suffocated by fears related to US tariffs. Wall Street also slips into negative territory, due to uncertainty about future interventions by the Fed. The BoE confirms rates unchanged at 4,5%. At the start of the…
The reference is to the relaunch and the start of the takeover bid by Banco Bpm on Anima without the response of the ECB on the Danish Compromise. Orcel: "At the end of the operation we will decide what to do". And on Commerz: "Now patience is the most important thing"
The day is full of crucial events from many points of view for which investors are cautious and throw themselves on gold. European stock markets are seen opening positive, with attention on Iveco, Eni and Leonardo
ECONOMIC HANDS FOR MARCH 2025 – Fear and uncertainty undermine the American economy: will it lead to recession? Is the trade war similar to the one in the XNUMXs? Are the risks for the European economy to the downside or upside? Deflation…
An investment beyond the current one in Commerzbank is “not likely” in 2025 and “the focus remains on the implementation of the strategic plan” underway, says the institution in Piazza Gae Aulenti
European stock markets remain mixed at midday, weighed down by the decline in Wall Street futures and economic uncertainties related to tariffs and US growth. Leonardo stands out at Piazza Affari, while banks suffer (except Mps).…
European stock markets close higher, driven by optimism over a potential ceasefire in Ukraine and after US President Trump reassured markets about the prospects for the American economy. Banks and Saipem do well at Piazza Affari - Follow the…
European stock markets close in the red after Trump's new announcement on tariffs. Wall Street negative despite the rebound of Tesla and Nvidia. Stellantis sinks in Milan, Leonardo does well after accounts and guidance increase - Follow the LIVE
European stock markets extend their declines, with an eye on Trump's trade policies and contrasting macroeconomic data. Utilities are doing well at Piazza Affari, banks are in the red. Juventus collapses - Follow the LIVE broadcast
European stock markets continue to move at two speeds after the (widely anticipated) ECB rate cut. Buzzi's rally continues at Piazza Affari, while Fineco is also up sharply. The euro continues to strengthen, while bond yields…
European stock markets bounce back after yesterday's heavy losses: the possible improvement in US tariffs and the ambitious German plan for infrastructure are reviving the markets. In Milan, industrial and banking stocks are doing well, while utilities are down - Follow…
Trump's duties sink European stock markets, with Milan and Frankfurt among the hardest hit due to their strong trade dependence on the United States. ECB meeting expected. Cars and chips down at Piazza Affari, while stocks are…
Increased EU Defense spending boosts the entire sector. Leonardo, Thales and Rheinmetall soar. Meanwhile, on Wall Street, nervousness over the introduction of duties, along with the slowdown in the ISM manufacturing index, weighs on the indices - Follow the LIVE
Banco Bpm's shareholders' meeting approves the increase to 7 euros per share and allows it to continue without the benefits of the Danish Compromise and with a stake below 66,67%. The mysterious 5,1% acquired by Deutsche Bank fuels speculation about Crédit…
European stock markets give way under fears of US tariffs. Piazza Affari, the black sheep in Europe, sinks with heavy drops in Ferrari and Prysmian, even Eni's accounts are not convincing. On Wall Street after the initial rally Nvidia collapses...
The US-Ukraine agreement does not foresee that rare earths are conceived as a payment for US aid. Europe accelerates: after Paris, new meeting between leaders in London. Then the 27 in Brussels for common defense
German elections, the victory is clear: Merz's conservatives at 28,6%, followed by Alice Weidel's AfD at 20,8. Scholz's SPD collapses but small parties like BSW lack the threshold needed to enter the Bundestag and the…
Be with Trump's America or with Europe that supports the just cause of Zelensky's Ukraine? This is what Italians would like to understand from Prime Minister Meloni who appeared taken aback by the recent attacks of the American boss on the Ukrainian President. The dream of…
The US and Russia are writing history backwards to the detriment of Ukraine and the truth. Russian Minister Lavrov would like to scold Zelensky and Trump believes that Ukraine started the war and calls it "a dictator without…
Poste, which has started talks with Vivendi, also keeping the door open to Iliad and CVC, could also rise to 24%. Poste will present an update of its strategic plan on Friday
The Danish Compromise could be applied to Banco Bpm's takeover bid for Anima, but also to Unicredit's takeover bid for Banco Bpm and to Mps' takeover bid for Mediobanca. Everything will depend on the ECB. Here's the rule that could blow up the…
In view of the Banco Bpm meeting on February 28 called to approve the relaunch of Anima, Unicredit warns: "The increase in the price of the OPA and the renunciation" of the Danish Compromise, could determine "the resolution or ineffectiveness of the offer". What would be the effects on the…
In Europe, investors are wondering about Trump's moves on tariffs. Milan exceeds 38 thousand but then retreats, hit by the collapses of Interpump (-16,3%) and Tim (-7,59%). Leonardo and Iveco are doing well - Follow the LIVE broadcast
Gold has always been considered a safe haven. And it could be if Trump's tariffs spark inflation. But the real news is the hunt for physical gold and the subsequent construction of dedicated vaults. Here's why
European stock markets close higher, with Milan (+0,91%) at the top thanks to gains by Prysmian and Ferrari. Powell confirms the solidity of the economy without rushing on rates. Wall Street is down, cautious awaiting new data - Follow…
European stocks continue to rise at midday, supported by hopes of a détente in Ukraine. Wall Street opens higher. Piazza Affari surpasses 37 points, while the banking sector remains under pressure – Follow the LIVE
A new twist in the game of risk that is animating the Italian banking panorama. Modena-based Bper has launched a voluntary takeover bid on Popolare di Sondrio, which just yesterday presented one of the best balance sheets in its history. The director of the operation is Unipol,…
European stock markets accelerate in the afternoon and close sharply higher, with Piazza Affari flying to its highest since 2008, driven by banks. Paris does well with SocGen, London soars after the Bank of England cut – Follow the LIVE broadcast
European stock markets mixed, weighed down by the trade war and disappointing quarterly results from Google and AMD. Santander soars in Madrid. Gold hits record highs
Intesa Sanpaolo, revenues up 7,5% with net interest up 6,9%, net commissions up 9,4% and insurance business result up 4,1%. Income statement slows down in the last quarter of 2024
European stock markets close mixed, slowing at the end. Wall Street rises, driven by Apple accounts and macro data. At Piazza Affari (+0,12%), Stm recovers, Ferragamo soars thanks to solid revenues, while banks remain under pressure - Follow…
From "Driving Growth" to "Driving Excellence". Generali's new plan aims at 11 billion in cash generation, 3 billion for buybacks and M&A. CEO Donnet: "Generali is stronger than ever, we will create value for all stakeholders".…
European markets close in green with Paris the only one in decline, weighed down by luxury. Banks and industrialists stand out at Piazza Affari, eyes on Generali on the day of the board of directors - Follow the LIVE broadcast
Earthquake in finance: Mps announces an operation for the acquisition of Mediobanca, with a move that would change the balance of control of Generali. The CEO of the Siena bank, Lovaglio: "The Treasury has not placed limits" on the takeover bid. Nagel: "unconcerted and hostile" move.…
European stock markets take courage and close in the green, consolidating yesterday's highs. Trump shakes Davos. Piazza Affari rises, driven by utilities and banks – Follow the LIVE broadcast
Milan was the worst performer among European stock markets, penalized by banks and utilities, while Frankfurt was supported by gains in Adidas and Siemens Energy. Wall Street continues to rise, led by the rally in tech stocks
Donald Trump returned to the White House promising a "new golden age," launching a flurry of executive orders: a wall on the border with Mexico, a break with the WHO, an exit from the climate agreement, new threats of tariffs and…
INTERVIEW WITH STEFANO SILVESTRI, former president of IAI and great expert in geopolitics - "Trump's priority is not peace but to free the US from the burden of wars but at least this year the Americans must bring peace to…
INTERVIEW WITH FRANCO BERNABÈ, former CEO of Eni and Telecom Italia - "Starlink has a very intelligent and ambitious business model and aims to become a global telephone operator, putting current telecommunications companies in difficulty. Certainly in our…
According to rumors, the American Capri Holdings would like to sell Versace (and Jimmy Choo). Prada among the possible buyers, but the luxury crisis could affect the valuation of the Medusa brand
Meloni in press conference: “Never talked to Elon Musk about Starlink”. On the Sala case “triangulation with the US and Iran. Abedini under consideration by the Ministry of Justice”. And on the US: “I do not foresee Trump withdrawing from Ukraine, duties are not the right solution, for…
The plane carrying Cecilia Sala has landed in Ciampino: the journalist is in Italy. This morning the liberation. Mattarella calls his mother and congratulates the Government. Sala: "I thank the Government and all those who got me out". Meloni: "Victory…
Bloomberg claims that Italy is ready to sign a satellite telecommunications agreement with Elon Musk but Prime Minister Meloni denies it. The opposition demands clarity in Parliament