For a complete list of diary events in Italy, please click on .
POLITICS Italy's government on Thursday failed to secure the support needed in parliament to approve additional borrowing worth some 8 billion euros, dealing a blow to Prime Minister Giorgia Meloni. (*) Italy's highest court on Thursday upheld acquittal verdicts in a major mafia trial based on allegations that the state had colluded with Sicilian mobsters after a deadly wave of bombings in the 1990s.
ECONOMY ISTAT releases Q1 GDP flash data (0800 GMT); Q1 wage inflation data (0900 GMT); February industry sales data (1000 GMT). Bank of Italy releases the "2023 Financial Stability Report", Economy Ministry representative Alessio De Vincenzo presenting the report (1600 GMT).
DEBT
DBRS rating agency scheduled a review of the sovereign debt rating of Italy.
COMPANIES ENI (*) The Italian energy group said its first-quarter net profit fell 11% year on year on the back of lower oil and gas prices compared with the first three months of 2022, when Russia's invasion of Ukraine sent energy prices spiralling. (*) The group is considering building a second floating platform to tap the vast gas reserves in Mozambique's Rovuma Basin, an executive said on Thursday. Conference call (1200 GMT).
(*) ENEL Glass Lewis recommended shareholders at Enel back hedge fund Covalis' candidate Marco Mazzucchelli for the chairman role as he is seen as better placed to counterbalance the chief executive presence on the board, the proxy adviser said in a report published on Thursday.
BANKS Italy is working on imposing a "solidarity" levy on its banks to fund relief measures for families hit by the cost of living crisis, a source familiar with the matter told Reuters.
BPER The Italian lender said on Thursday it had completed the disposal of a portfolio of UTP exposures for a total claimed amount of 470 million euros.
(*) STMICROELECTRONICS European chipmaker is ready to consider buying small and specialised companies but does not have any deal on the table, CEO Jean-Marc Chery was quoted as saying in an interview with MF.
(*) STELLANTIS The carmaker agreed to buy 11.5% stake in Alliance Nickel and signed an offtake agreement for battery grade nickel and cobal sulphate.
WEBUILD Italy's largest construction company said on Thursday it had
already surpassed its 2023 target for new orders as the group
booked in contracts for over 11.4 billion euros in the first
three months of the year.
TELECOM ITALIA French fund BDL, which holds a stake of around 2.5% in the
phone group, has deemed the two non-binding offers TIM received
for its landline grid as insufficient, according to two sources.
SNAM Local authorities gave the green light to the new LNG terminal in Piombino, paving the way for the start of the commercial phase of the project.
DOVALUE Italy's biggest bad loan firm has appointed Manuela Franchi as its interim CEO as of April 29.
MAIRE TECNIMONT The engineering group said on Thursday its unit NextChem had acquired a 51% stake in MyRemono, a newly established company that will focus on CatC, an innovative plastic catalytic depolymerisation technology.
ECOMEMBRANE The design and construction of gasometers for the green energy production company debuts on Euronext Growth Milan.
(*) IPO - LOTTOMATICA The Italian gambling firm said on Friday it priced shares in its initial public offering (IPO) at 9 euros, at the bottom of its target range.
(*) M&A - ITA AIRWAYS Lufthansa is hopeful of finalising the partial takeover of Italy's state-owned ITA Airways within days, an executive at the German carrier said on Thursday, describing talks with the Italian government as "very good."
A2A Annual general meeting (0700 GMT).
ASSICURAZIONI GENERALI Annual general meeting (0700 GMT).
INTESA SANPAOLO Annual general meeting (0800 GMT).
INTERPUMP GROUP Annual and extraordinary shareholders' meetings (0800 GMT).
UNIPOL Annual general meeting (0830 GMT).
DIASORIN Annual general meeting (1000 GMT).
COMPAGNIE INDUSTRIALI RIUNITE (CIR) Annual general meeting (0800 GMT).
ENAV Annual general meeting (1000 GMT).
INDUSTRIE DE NORA Annual general meeting (0800 GMT).
INTERCOS Annual and extraordinary shareholders' meetings (1230 GMT).
LU-VE Annual and extraordinary shareholders' meetings (0800 GMT).
SARAS Annual and extraordinary shareholders' meetings (0800 GMT).
DIARY London, Prime Minister Giorgia Meloni ends her visit; on Friday Meloni meets representatives from business sector and institutions. Rome, public businesses association (FIPE) and trade association Confcommercio hold event to present "Catering Day for the Culture of Italian Hospitality" (0800 GMT); FIPE-Confcommercio President Lino Enrico Stoppani delivers introductory remarks (0810 GMT); expected attendees include Industry Minister Adolfo Urso, Agriculture Minister Francesco Lollobrigida via videoconference, Tourism Minister Daniela Santanche via videoconference. Rome, conference on "Corporate governance, sustainability and dialogue with shareholders", panel with market regulator CONSOB President Paolo Savona, Italian Corporate Governance Committee President Lucia Calvosa, joint stock companies association Assonime President Patrizia Grieco (0900 GMT). Milan, a bilateral meeting between Justice Minister Carlo Nordio and French counterpart Eric Dupond-Moretti to establish the regular consultation forum between the two ministries to implement the Quirinal Treaty (morning).
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
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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:...............................
