For a complete list of diary events in Italy please click on .
POLITICS (*) Italy's government approved a bill on Thursday to cut income and corporate taxes, while also reducing penalties for tax dodgers who come clean and agree to pay the overdue sums. Italy's co-ruling League party said a European Central Bank decision to raise interest rates was "detached from the real economy", adding that the recent hikes were weighing on the banking system.
ECONOMY (*) Italy approved on Thursday a decree to create a new department at the economy ministry in charge of managing state-controlling companies such as energy groups Enel and Eni . ISTAT releases January foreign trade data (0900 GMT).
COMPANIES ENEL Italy's biggest utility said its net profit came in at 5.4 billion euros last year, down from 5.6 billion euros reported in 2021, but better than the group's updated guidance range.
(*) UNICREDIT The former head of the remuneration committee and board member of UniCredit, Jayne-Anne Gadhia, did not quit the bank due to alleged disagreements over the pay package of CEO Andrea Orcel, the chairman of Italy's No.2 lender said on Friday.
STELLANTIS Carmaker starts a 500-million-euro first tranche of its shares buyback programme on Friday. It will end by June 19.
ENI The Italian energy group plans to launch a new 2.2-billion-euro shares buyback programme this year.
WEBUILD Italy's largest construction company surprised markets on Thursday by indicating its core profit would almost double in 2025, after growing as much as 30% this year.
(*) JUVENTUS Juventus defeated 10-man Freiburg 2-0 to advance 3-0 on aggregate to Europa League's last eight, as Dusan Vlahovic scored from the penalty spot and Federico Chiesa added a late second. Juventus are not trying to end the contract of injury-troubled midfielder Paul Pogba, Chief Football Officer Francesco Calvo said on Thursday, assuring the club are looking forward to his return to full fitness.
(*) LAZIO Lazio were knocked out of the Europa Conference League round-of-16 after an away defeat against Dutch club AZ Alkmaar.
A2A The Italian regional utility submitted a non-binding bid to buy a majority stake in smaller rival EGEA, valuing the entire company between 560 million euros and 605 million euros.
INTERPUMP GROUP Board meeting on FY results (Q4 results released on Feb. 15).
BANCA POPOLARE DI SONDRIO Board meeting on FY results (FY results released on Feb. 7).
DIARY Rome, news conference to present new championship "FIM ENEL MotoE World Championship 2023" in presence and online; Enel CEO Francesco Starace among attendees (1130 GMT). Naples, "Feuromed, Euro-Mediterranean Economy Festival" starts (0800 GMT); ends on March 18. Attendees include EU Economy Commissioner Paolo Gentiloni, Terna CEO Stefano Donnarumma, Iren CEO Gianni Vittorio Armani, A2A CEO Renato Mazzoncini, Enel group Italian Director Nicola Lanzetta, Lapo Pistelli from Eni (0930 GMT); Fincantieri CEO Pierroberto Folgiero, Webuild CEO Pietro Salini, Open Fiber Chief Executive Mario Rossetti (1400 GMT). Rimini, Prime Minister Giorgia Meloni gives speech at trade union CGIL 19th national congress (1100 GMT).
For Italian market data and news, click on codes in
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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
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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:...............................
