Telecom Italia (TIM) has signed a non-disclosure agreement (NDA) with Italian state lender CDP and has started formal talks of a potential merger between the phone group’s network with that of smaller broadband rival Open Fiber. The development comes at a… Read More ›
In a significant development, the Italian parliament has approved a law making protection of the environment part of its Constitution. Politicians and activists have hailed the bill as a significant victory for the country’s future. The new law states the… Read More ›
Britain plans on collaborating with world leaders to consider imposing new sanctions on the Taliban, which took control of Afghanistan following the disorderly exit of US troops from the country. The G7 is scheduled to meet on Tuesday to discuss… Read More ›
According to a document from Italian antitrust authority AGCM, the regulator will investigate the terms and conditions in McDonald’s agreements with franchise operators following several complaints. The development could see the U.S. fast-food chain at risk of a hefty fine of… Read More ›
In a statement Giorgio Armani said, sales in the first half of 2021 has bounced back robustly after its business in the United States and China saw sales at the Italian fashion group return close to pre-pandemic levels. “The goal… Read More ›
Italian luxury group Ermenegildo Zegna has agreed for a market listing in New York this year by merging itself with a U.S. special-purpose acquisition company (SPAC) in a deal that gives the Italian company a market value of $3.2 billion…. Read More ›
On Monday, in a statement, Amazon.com Inc, the world’s biggest online retailer said, it will open two new logistics centers in Italy later this year and plans on sinking more than $278 million (230 million euros) towards them. With the… Read More ›
Italian Prime Minister Giuseppe Conte stated, starting from May 4, factories and building sites will re-open on May 4 and in the weeks to come more businesses will be allowed to conduct business. The development comes as Italy prepares to… Read More ›
Fiat Chrysler Automobiles (FCA) has decided it will appeal Italy’s tax authority statement which says that the carmaker had underestimated the value of its U.S. business after it bought Chrysler. As per a source close to the matter at hand,… Read More ›
These new tariffs are likely to significantly impact numerous U.S. small and medium sized family businesses which import these European goods into the United States. In a significant development that sees a further escalation of the U.S.-EU trade war, the… Read More ›
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