Italy’ Intesa ups 2023 profit goal after beating forecasts

Italy’s biggest bank Intesa Sanpaolo on Friday raised its 2023 profit goal after nearly doubling its first quarter net income from a year earlier, thanks to higher interest rates and shrinking loan …

https://www.msn.com/en-gb/money/other/italy-intesa-ups-2023-profit-goal-after-beating-forecasts/ar-AA1aM9Lt

Naples goes wild after team takes Italy’s top title

STORY: Naples football fans explode with joyafter their team takes Italy’s top title[Napoli fan]”I’ve been waiting for the Napoli Scudetto since I was small. I cried alot. It’s a victory for the …

https://news.yahoo.com/naples-goes-wild-team-takes-070310521.html

Pro-Putin businessman emerges as pick to chair Italy’s biggest energy firm

Fears appointing Paolo Scaroni as Enel CEO would undermine US and EU attempts to curb Russian influence …

https://www.theguardian.com/world/2023/may/04/pro-putin-paolo-scaroni-pick-to-chair-italy-energy-firm-enel

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

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

At least one drowned in northern Italy floods

STORY: Ansa news agency reported that a man aged around 80 drowned while he was out cycling, swept away by a flooded river in the town of Castel Bolognese.Firefighters wrote on Twitter that a house collapsed in Fontanelice,

https://news.yahoo.com/least-one-drowned-northern-italy-113803126.html

Severe flooding in Italy kills 2; drought persists

Romagna region, leaving at least two people dead as riverbeds left dry by drought overflowed their banks after a day and a half of non-stop rain

https://www.washingtonpost.com/world/2023/05/03/floods-agriculture-drought-deaths-italy/3de047be-e9b2-11ed-869e-986dd5713bc8_story.html