Italy Unlikely to Renew China Deal, but Needs Time, Official Says

ROME (Reuters) – Italy is highly unlikely to renew its Belt and Road Initiative (BRI) deal with China, which expires early next year, but needs time to discuss the issue with Beijing, a senior …

https://www.usnews.com/news/world/articles/2023-05-04/italy-unlikely-to-renew-china-deal-but-needs-time-official-says

Exclusive-Italy open to selling down MPS stake on market if terms, buyers are right – sources

Italy’s Treasury is open to reducing its 64% stake in Monte dei Paschi di Siena (MPS) through one or more share sales on the market, three people briefed on the matters told Reuters. Such an option, …

https://www.msn.com/en-gb/money/other/exclusive-italy-open-to-selling-down-mps-stake-on-market-if-terms-buyers-are-right-sources/ar-AA1aMVyo

Italy Retail Sales Remain Flat In March

Italy’s retail sales remained flat for the second straight month in March, in line with expectations, data from the statistical …

https://markets.businessinsider.com/news/interestrates/italy-retail-sales-remain-flat-in-march-1032297829

Exclusive: Italy open to selling down MPS stake on market if terms, buyers are right, sources say

Italy’s Treasury is open to reducing its 64% stake in Monte dei Paschi di Siena (MPS) through one or more share sales on the market, three people briefed on the matters told Reuters.

https://www.reuters.com/business/finance/italy-open-selling-down-mps-stake-market-if-terms-buyers-are-right-sources-2023-05-05/

Italy’s Poste CEO says firms to use balance sheet in Eurovita rescue

MILAN (Reuters) -Italian banks and insurers that are being called upon to rescue struggling life group Eurovita will help by using their balance sheet, Poste Italiane’s CEO said on Thursday, without elaborating.

https://www.msn.com/en-gb/money/other/italys-poste-ceo-says-firms-to-use-balance-sheet-in-eurovita-rescue/ar-AA1aK3oT

Italy pushes to limit executive pay in listed state-run firms

Italy’s Treasury aims to limit the annual pay and golden handshakes of top bosses in listed state-controlled firms, a draft proposal seen by Reuters showed on Thursday.

https://www.reuters.com/world/europe/italy-pushes-limit-executive-pay-listed-state-run-firms-2023-05-04/

The ‘Ndrangheta: Italy’s most powerful mafia group

Italy’s ‘Ndrangheta has supplanted Sicily’s Cosa Nostra as the country’s most powerful mafia organisation, and has spread across Europe and the rest of the world. Here are a few facts about the fearsome group.

https://www.msn.com/en-us/news/world/the-ndrangheta-italy-s-most-powerful-mafia-group/ar-AA1aJJaP

Curvy mermaid statue in Italy makes a viral splash as residents debate if it’s ‘vulgar’ or ‘beautiful’

A cheeky and buxom mermaid statue created to honor an Italian Nobel Prize winner has appeared to confuse residents of a small port city and the rest of the world.

https://www.msn.com/en-us/news/world/curvy-mermaid-statue-in-italy-makes-a-viral-splash-as-residents-debate-if-its-vulgar-or-beautiful/ar-AA1aHBWL

Flooding in Italy leaves at least 2 dead

Nonstop flooding in Italy left at least two people dead in the populous Emilia-Romagna region. One of the people who died was swept away by flood waters while riding a bike.

https://www.foxnews.com/world/flooding-italy-leaves-least-2-dead

Torrential rain lashes northern Italy, killing at least two people

Torrential rain lashed Italy’s northern Emilia Romagna region over the last 24 hours, causing extensive flooding and killing at least two people, rescuers and media said on Wednesday.

https://www.msn.com/en-us/news/world/torrential-rain-lashes-northern-italy-killing-at-least-two-people/ar-AA1aG0oB