The following factors could affect Italian markets on Friday.
Reuters has not verified the newspaper reports, and cannot
vouch for their accuracy. New items are marked with (*).
For a complete list of diary events in Italy please click on .
POLITICS
(*) China's President Xi Jinping will deliver a peace speech
on the anniversary of Russia's invasion of Ukraine, Italy's
foreign minister said on Friday, citing top diplomat Wang Yi.
(*) Italy on Thursday approved a decree tightening the grip
of Prime Minister Giorgia Meloni's office on the country's
post-COVID recovery plan, as Rome seeks to get full value from
some 200 billion euros in EU funding.
Italy stepped up its opposition to European plans to outlaw
the sale of new petrol and diesel cars in 12 years, with the
transport minister calling a rapid switch to electric vehicles
"suicide" and a "gift" to Chinese industry.
ECONOMY
Bank of Italy releases December data on foreign investors
holdings of Italian government bonds.
DEBT
Investor demand totalled over five times the amount offered
at Thursday's Italian syndicated sale of a new 30-year BTP bond
placed for 5 billion euros, which received final orders
exceeding 26.7 billion
Treasury announces sale of BTP Short and BTPei bonds, with
relative amounts to be auctioned on Feb. 22.
COMPANIES
(*) TELECOM ITALIA (TIM) An extraordinary board meeting of Italy's state lender CDP
will convene on Sunday to come up with an official proposal for
TIM's fixed network that would rival the interest approach
forwarded by U.S. fund KKR , according to several papers.
CDP's bid is worth 23 billion euros, Il Messaggero reported.
PIRELLI China's Sinochem Holdings Corp, the biggest investor in the
Italian tyremaker, on Thursday denied a report that it planned
to sell its 37% stake.
ENI PBF Energy said it sealed a joint venture with a
unit of the Italian energy group for a renewable diesel project
in the United States.
(*) EDISON Chief Executive Nicola Monti told La Repubblica that the
company, which is controlled by France's EDF, could appeal
against a windfall tax on energy companies, but said that the
business plan is not at risk as the group is healthy. The
manager said he saw M&A opportunities in the Italian utility
sector citing an excessive number players, and reassured on gas
availability next winter for the country.
Edison is set to invest 10 billion euros, half of which in
renewables, by the end of this year, Monti said in another
interview with Il Sole 24 Ore.
TOD'S Sports carmaker Lamborghini and the Italian fashion group
have agreed a partnership to produce a range of clothing,
leather goods and luxury accessories, the two companies said on
Thursday.
DEA CAPITAL Italian family holding company De Agostini exceeded the
threshold of 90% of the share capital in Dea Capital, its
vehicle for financial investments, and extended the acceptance
period for the offer until Feb. 24.
UNICREDIT The Italian bank said on Thursday it would propose to reduce
the number of its board members to 12 from 13.
(*) JUVENTUS Juventus's disappointing season continued as they were held
to a 1-1 draw by Nantes in the home leg of their Europa League
playoff tie on Thursday.
(*) LAZIO Lazio beat Cluj with a 1-0 home win in the Conference League
playoff first leg on Thursday.
DIARY
Rome, Foreign Press Association holds business lunch
with Fincantieri CEO Pierroberto Folgiero (1130 GMT).
Florence, EU Commissioner Cabinet Head Marco Buti gives
speech "The policy challenges in the EU for 2023 and the
repercussions for the Italian economy"; Florence CR Foundation
President Luigi Salvadori delivers opening address (1500 GMT).
For Italian market data and news, click on codes in
brackets:
20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in
brackets:
European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets:
Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:...............................
