For a complete list of diary events in Italy please click on .
POLITICS Italy's move to temporarily ban ChatGPT has inspired other European countries to study if harsher measures are needed to rein in the wildly popular chatbots and whether to coordinate such actions. Italy's Coast Guard said on Monday it was forced to use a helicopter to rescue 32 migrants, including a child, who had been stranded on a desert island in the central Mediterranean since the previous day.
ECONOMY
Italy posted a state sector budget deficit of 31.9 billion euros in March compared to a shortfall of 24.75 billion euros in the same month last year, the Treasury said in a statement on Monday.
COMPANIES TELECOM ITALIA (TIM) Telecom Italia on Monday became the first junk-rated European company to tap debt markets after the recent banking turmoil when it raised 400 million euros by selling a new tranche of an existing bond due in 2028. The sale of TIM's landline network 'is moving forward' and there are two offers on the table, CEO Pietro Labriola said on Monday, adding that such a scenario was unthinkable a year ago. (*) Some Italian asset managers, holding more than 1.1% of TIM's share capital, said on Monday they had proposed Paola Bruno for the integration of the board of the phone group scheduled for April's shareholders' meeting.
(*) ENEL Italy's biggest utility is weighing the sale of a majority stake in its 2-billion-euro energy storage business, Bloomberg reported on Monday.
STELLANTIS The carmaker held a 35.08% market share in Italy's car market in March, Reuters calculations based on the data provided by the transport ministry showed. Industry-wide car sales rose 40.78% last month, the transport ministry said. (*) Stellantis' sales in the United States fell by 9% in the first quarter compared to a year earlier.
ENAV Italy's Treasury said on Monday it had indicated Alessandra Bruni and Pasqualino Monti as the state-controlled group's next chairman and chief executive, respectively.
(*) ERG Morgan Stanley has raised the rating on the Italian
renewable energy group to "equal-weight" from "underweight".
(*) TREVI FINANZIARIA The Italian engineering firm expects to report a profit in
2026 but could meet this target earlier, Chief Executive
Giuseppe Caselli said in an interview published by daily Il
Corriere della sera.
ISSC FINTECH The company said on Monday it had acquired a non-performing loans portfolio with a nominal value of around 4.8 million euros.
DIARY
Rome, Economy Minister Giancarlo Giorgetti meets EU Budget
and Financial Planning Commissioner Johannes Hahn (0800 GMT).
Rome, Chamber of Deputies state broadcaster RAI Supervisory
Committee meets to appoint President, Vice Presidents and
secretaries (1200 GMT).
Rome, representatives from Bank of Italy (1230 GMT), market
regulator CONSOB (1300 GMT), insurance supervisor IVASS (1330
GMT) speak before Senate Finance Committee on law decree on
financial instruments in digital form and Fintech.
Rome, Foreign Press Association holds exclusive news
conference with Foreign Minister Antonio Tajani (0830 GMT).
Rome, Industry Minister Adolfo Urso gives speech at "Italy
in Space" event (0920 GMT).
Milan, event on "The Italian capital market: which future?"
(0800 GMT); expected attendees include market regulator CONSOB
President Paolo Savona, Equita Group CEO Andrea
Vismara (1430 GMT).
Milan, Intesa Sanpaolo holds news conference to
present activity of International Subsidiary Banks Division
(0930 GMT).
Pavia, inauguration ceremony of "Pavia Supernova, Pavia
Capital of Business Culture in 2023" (0800 GMT); expected
attendees include EU Economy Commissioner Paolo Gentiloni (0845
GMT), business lobby Confindustria President Carlo Bonomi (0930
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:...............................
