For a complete list of diary events in Italy please click on .
(*) POLITICS The French government must apologise to end a dispute over what Italy considers insulting remarks, including some on migrants arriving by boat, Rome's foreign minister and deputy prime minister said in an interview published on Friday.
ECONOMY ISTAT releases March retail sales data (0800 GMT). OECD releases April composite leading indicator data (1000 GMT).
DEBT Treasury announces sale of 12-month BOT bills, with relative amounts to be auctioned on May 10.
COMPANIES (*) BANKS The ECB's decision to further raise interest rates by 0.25 percentage points to 3.25% will weaken banks' capital ratios and will force them to set aside profits to strengthen them also in anticipation of the imminent entry of Basel III plus rules, the head of the Italian Banking Association Antonio Patuelli told Il Corriere della Sera newspaper on Friday.
BANCO BPM Credit Agricole has not asked banking supervisors for clearance to increase its stake in Italy's third-largest bank above the 9.9% level it recently reached, the head of the French bank's Italian arm said on Thursday.
FERRARI The Italian luxury sportscar maker produced a bigger than expected 27% rise in first-quarter core profit and forecast a strong second quarter, when deliveries start for its new Purosangue model, for which waiting lists extend to 2026.
TELECOM ITALIA (TIM) The phone group said on Thursday it was unhappy with sweetened bids submitted by suitors for its fixed network, and set a final deadline of June 9 to receive an improved offer from at least one of the bidders. TIM directors met to review rival offers from KKR and a consortium comprising Italian state lender CDP and fund Macquarie , worth respectively 21 billion euros ($23.13 billion) and 19.3 billion euros. Three sources with knowledge of the matter said KKR was willing to work further on its bid's terms. KKR declined to comment.
MONCLER First quarter sales at Italian fashion group jumped by 23%, beating analysts' expectations, boosted by Chinese demand and a solid growth in the EMEA region.
LISTED STATE-CONTROLLED COMPANIES 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.
(*) EDISON The energy group on Friday forecast core earnings to rise to between 1.4 billion euros and 1.6 billion euros this year after reporting a 52.4% first-quarter jump.
(*) WEBUILD The Italian construction group said its Fisia Italimpianti subsidiary won two water treatment plant contracts in Saudi Arabia worth a combined 408 million euros.
(*) ERG The Italian energy group said on Friday its Spanish subsidiary signed a deal with IBV Solar Parks to buy a 149 MWp solar power plant under construction in north-western Spain for an enterprise value of 170 million euros.
INTESA SANPAOLO Board meeting on Q1 results, followed by conference call (1300 GMT).
CNH INDUSTRIAL Board meeting on Q1 results, followed by conference call (1330 GMT).
TERNA Board meeting on Q1 results, followed by conference call (1400 GMT).
PIAGGIO Board meeting on Q1 results, followed by conference call on Q1 results.
ANIMA HOLDING Board meeting on Q1 results.
TECHNOGYM Annual and extraordinary shareholders' meetings (0800 GMT).
DIARY Rome, Foreign Investors Advisory Board (ABIE) holds annual meeting "Global enterprises and the world to come" and presents 3rd report on "Foreign companies in Italy: between signs of recovery and new global risks"; expected attendees include Foreign Minister Antonio Tajani, Nestle Group Italian Chairman and CEO Marco Travaglia, Meta Italian CEO Luca Colombo, Industry Minister Adolfo Urso delivers closing address (0730 GMT).
Milan, Forza Italia party starts national meeting (1000 GMT); ends on May 6.
Milan, conference on "New utilities for new customers: sales, services and renewable energy communities" (0720 GMT); expected attendees include A2A CEO Renato Mazzoncini, AGSM AIM CEO Stefano Quaglino, IREN CEO Gianni Armani, Siram Veolia CEO Emanuela Trentin, Hera CEO Orazio Iacono, Edison CEO Nicola Monti, Enel Italian Director Nicola Lanzetta, Engie Italian CEO Monica Iacono (0755 GMT). Florence, European University Institute (EUI) ends annual meeting on "Building Europe in times of uncertainty" (0700 GMT); ends on May 6. Expected attendees include Spanish Economy Minister Nadia Calvino, ECB board member Frank Elderson, EU Economy Commissioner Paolo Gentiloni (0730 GMT). Parma, 'Green Economy Festival' starts; ends on May 7. On Friday opening event with Piovan CEO Filippo Zuppichin, Iren Chairman Luca Dal Fabbro, Credit Agricole Italian Senior Country Officer Giampiero Maioli, Environment and energy Security Ministro Gilberto Picchetto Fratin (0830 GMT). Piombino, LNG ship arrival with cargo of liquefied gas (LNG); expected attendees include Snam CEO Stefano Venier, Environment Minister Gilberto Pichetto Fratin, (1230 GMT); followed by news conference (1330 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
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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:............................... ($1 = 0.9081 euros)
