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MILAN (AP) — Christian Pulisic came to AC Milan to revive his flagging club career. Pulisic has started life in Italy with five goals and two assists in his first 12 league matches with Milan, the 25-year-old matching Weston McKennie’s goal tally for Juventus in the entire 2020-21 season. Pulisic’s most prolific season was in 2019-20, when he weighed in with nine goals in 25 matches for Chelsea. Pulisic scored just once in his final season with Chelsea and made just two starts after Jan. 5 before moving to Milan in the offseason. Pulisic’s new lease of life will be key ahead of next year’s Copa América in the U.S., and a 2026 World Cup co-hosted by the U.S., Canada and Mexico.
Persons: Christian Pulisic, Pulisic, Weston, Giuseppe Rossi, Milan's, Mike Maignan, ” Pulisic, Milan, Jan, ___ Organizations: MILAN, Milan, United, Borussia Dortmund, Juventus, U.S, Serie, Fiorentina, Frosinone, Chelsea, League, Copa América Locations: United States, Italy, American, Milan, U.S, Canada, Mexico
MILAN (AP) — Officials have secured the area around one of two 12th Century towers that have become symbolic of the northern city of Bologna, fearing its leaning could lead to collapse. Italy’s civil protection agency has maintained a yellow alert on the site, denoting caution but not imminent danger. The Garisenda, the shorter of two towers built between 1109 and 1119, currently stands 48 meters (157 feet) feet to the Asinelli’s 97 meters (320 feet). Mayor Matteo Lepore noted in a debate earlier this month that the Garisenda tower has leaned since it was built “and has been a concern ever since." Preliminary work on the Garisenda tower will include creating a containment area to prevent any damage to nearby structures or harm to passersby from a “possible collapse,’’ the city said in a statement.
Persons: Matteo Lepore, ’ ’ Organizations: MILAN, , UNESCO Locations: Bologna
Even including the sale of Heathrow, this year is the slowest for airport transactions in the past decade, totalling $5.9 billion globally to date, according to Dealogic data. They have hired Mediobanca (MDBI.MI) and Credit Agricole (CAGR.PA) to find a buyer for a sale of their 49% stake in the company, the people said. Heathrow's sale valued the airport at 14.3 times EBITDA, according to JP Morgan analysis published on Wednesday. UK's Esken (ESKN.L), owner of regional Southend Airport, said in June it had started a process for the sale of the airport. On Thursday, Hungary's state-owned Corvinus and Vinci Airports notified the European Commission of a proposed joint takeover of Budapest's airport, according to a document posted on the EU website.
Persons: Andras Kranicz, GIP, Australia's Macquarie, Spain's, Ferrovial, Agata Lyznik, Mediobanca, Gianni, Origoni, Nico Torrisi, Morgan, UK's, France's Vinci, Vinci, Corvinus, Emma, Victoria Farr, Andres Gonzalez, Elisa Anzolin, Joanna Plucinska, Mathieu Rosemain, Anousha Sakoui, Elaine Hardcastle Organizations: LONDON, Heathrow, BNP, Global Infrastructure Partners, AGS Airports, Southampton, Australia's, International, ACI, Airports, Macquarie, Credit Agricole Assurance, 2i, Credit, SAC, Gatwick, Southend Airport, Global Infrastructure Fund, Vinci Airports, European Commission, EU, Thomson Locations: Edinburgh, Italy, FRANKFURT, Spanish, Europe, Aberdeen, Glasgow, Heathrow, France, Hungary's, Budapest's
Ahead of the holidays, you might be wondering what to wear for your job's office party. She suggests staying away from sequins, wearing velvet, and utilizing powerful accessories. AdvertisementDecember is here: the season of gifts, snow, and work holiday parties. "It gives that holiday look without being too over the top." It just adds a little something different, because most people are used to wearing festive dark colors.
Persons: Kenzie Welch, , Sveva Alviti, Valentina Frugiuele, Welch, sequins Welch, it's, Lulu's, Mango, Nana Jacqueline Organizations: Service, Alberta Ferretti Locations: sequins, Alberta, Milan, Italy, TikTok
RIYADH, Saudi Arabia (AP) — Cristiano Ronaldo walked off the field with the gleeful chants of “Messi, Messi, Messi!” ringing in his ears from delighted Al-Hilal fans who had just watched their Saudi Pro League team beat the Portugal superstar's Al-Nassr 3-0 in the Riyadh Derby on Friday. Saudi soccer has not been the same since the former Real Madrid and Manchester United forward completed a move last December. Lots of people want to be like Cristiano Ronaldo but few want to work like Cristiano Ronaldo. Ronaldo may have his work cut out to help his team win title No. 10 but, given his form so far this season, he may still have the last laugh with the Messi chants fading away.
Persons: — Cristiano Ronaldo, “ Messi, Messi, Al, Portugal superstar's, Ballon, — Aleksandar Mitrovic, Milinkovic, Savic, Hilal, Ronaldo, Cristiano, , Fahad, “ Al, Sadio Mane, Marcelo Brozovic, Alex Telles, “ Cristiano, ” Al, Luis Castro, Cristiano Ronaldo, ” Ronaldo, Mitrovic, Hilal’s, Germain, Neymar, Ruben Neves, Kalidou Koulibaly, Salem, Saleh Al, Shehri, Lionel Messi's, ___ Organizations: Saudi Pro League, Riyadh Derby, Serbian, Al, King Fahd International, Real Madrid, Manchester United, Fahad Al, Associated Press, Liverpool, Inter Milan, Paris Saint, English Premier League, Saudi Arabian Locations: RIYADH, Saudi Arabia, Portugal, Riyadh, Saudi Arabian, Saudi, Al, Hilal, Asia, Paris, Brazil, Lionel Messi's Argentina, cryptocurrency
Less than a week after presenting his third collection as Ferragamo’s creative director in Milan this past September, Maximilian Davis was at ease. The clothes — a luxurious combination of asymmetrical dresses and Italian tailoring — had been well received. As he spoke, quietly but with confidence, he gestured gently with his hands, like a conductor keeping an unhurried tempo. But despite the pressure to update a storied house for a new era, Davis, who now lives in Milan, has stayed true to his community. “It’s something that my mother could wear, but also my sisters.”
Persons: Maximilian Davis, , Davis, Kelela, Liz Johnson Artur, nightclubbing, Grace Wales Bonner, Mowalola Ogunlesi, Maximilian, Salvatore Ferragamo, Greta Garbo, Audrey Hepburn, , Organizations: London College of Fashion, Wales Locations: Milan, Manchester, England, Trinidad, London
"It is hard to understand how the ECB ended up buying the bonds of property companies, while at the same time warning of the risks of property price inflation," former ECB chief economist Otmar Issing told Reuters. But data this week shows the central bank still owned the two bonds issued by SBB as of Nov. 24. While Sweden is not in the euro zone, SBB issued the debt bought by the ECB in neighbouring Finland, which is. Alongside the SBB bonds, the ECB also hoovered up the debt of other property companies which have since hit problems, including Sweden's Heimstaden. The ECB also gobbled up many German real estate bonds, including 39 issued by Vonovia, which has been selling property to cut debt.
Persons: Otmar Issing, Daniel Gros, Gros, Sweden's, Heimstaden, it's, Alexander Smith Organizations: SBB, European Central Bank, ECB, Reuters, Research, Institute, European, Bocconi University, Fitch, Vonovia, Thomson Locations: FRANKFURT, Europe, Germany, Sweden, Milan, Swedish, Finland
Intesa Sanpaolo bank logo and stock graph are seen displayed in this illustration taken, May 3, 2022. Italy's AGCM antitrust authority opened a probe earlier this month into the way Intesa was transferring clients to Isybank after a raft of complaints which the watchdog said had now reached 5,000. It wants Intesa to only move clients who explicitly give their consent. Isybank targets 4 million Intesa customers under 65 who only access their banking services remotely. The group migrated the first 300,000 Intesa account holders in October and plans to shift another 2 million in March.
Persons: Dado Ruvic, Intesa, AGCM, Carlo Messina, Antonio Valitutti, Isybank, Valentina Za, Giulia Segreti, Christina Fincher, Jane Merriman, Susan Fenton Organizations: REUTERS, Bank of Italy, European Central Bank, Thomson Locations: Italy
Its 2022 annual report, filed on January 19, said the deal desk should review any deals greater than $500,000. SUSE sales growth was slowing at the time. Reuters could not determine if the deal was vetted by the deal desk nor how many deals have been going through the unit. SUSE and Reuters parent company, Thomson Reuters, are involved in litigation over the use of SUSE software products. SUSE claims that Thomson Reuters breached the terms that allegedly governed its use of SUSE software products.
Persons: SUSE, Reuters wasn't, EQT, Melissa Di Donato, Di Donato greenlighted, Di Donato, Eskom, BNY, BNY Mellon, Di, Christian Strenger, Di Donato's, Thomson, Karin Strohecker, Stefania Spezzati, Emma, Victoria Farr, Elisa Martinuzzi, Daniel Flynn Organizations: Microsoft, BMW, Sales, Reuters, Bank of New York Mellon, BNY Mellon, BNY, Corporate Governance Institute, Frankfurt School of Finance & Management, Thomson Reuters, Thomson Locations: Frankfurt
Intesa CEO says bank profits at peak
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: 1 min
Carlo Messina, Chief Executive Officer of Intesa Sanpaolo bank, looks on during a meeting in Rome, Italy April 18, 2023. REUTERS/Remo Casilli/File Photo Acquire Licensing RightsMILAN, Nov 30 (Reuters) - Bank profits are close to peaking, and net fees will again play a prominent role from next year, giving an edge to banks such as Intesa Sanpaolo (ISP.MI) which has a diversified business model, Chief Executive Carlo Messina said on Thursday. "There is no doubt that we are currently in a peak phase for bank profits," Messina said. Italian banks have posted record profits this year thanks to higher interest rates, which lifted lending costs while deposit returns remained very low. Reporting by Valentina Za, editing by Gianluca SemeraroOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlo Messina, Remo Casilli, Messina, Valentina Za, Gianluca Semeraro Organizations: REUTERS, Bank, Thomson Locations: Sanpaolo, Rome, Italy
Intesa's CET1 requirement under SREP process rises to 9.32%
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: 1 min
Intesa San Paolo bank headquaters is seen in Turin, Italy, November 7, 2018. The ECB had set the same threshold at 8.88% for the current year. The new requirement kicks in on Jan. 1, 2024. The increase to 2023 stems mostly from a buffer that 'Other Systemically Important Institutions' (O-SII) are due to hold, which stands at 1.25% for 2024 versus 0.75% in 2023. The countercyclical buffer requirement also inched up slightly to 0.23% from 0.16%, Intesa said.
Persons: headquaters, Stefano Rellandini, Intesa, Valentina Za, Jonathan Oatis Organizations: REUTERS, European Central Bank, ECB, Thomson Locations: Paolo, Turin, Italy
Gucci staff strike over plans to relocate to Milan
  + stars: | 2023-11-29 | by ( Christy Choi | ) edition.cnn.com   time to read: +3 min
CNN —Dozens of employees at Italian fashion house Gucci staged a strike on Monday to protest the company’s decision to move its design office from Rome to Milan. CGIL has argued that asking staff to move to Milan, approximately 300 miles north of the capital, in the first half of 2024 was tantamount to laying them off. Alessandro Garofalo/ReutersFollowing the departure of creative director Alessandro Michele in 2022, Gucci owner Kering shook up the label’s top management. While sales of luxury goods were on a tear earlier in the year, the market cooled in the second half of 2023. The designer gave the old Gucci codes a refresh sending babydoll dresses, tailored short suits, fringed skirts, hoodies and bejeweled knitwear down the runway.
Persons: Gucci, CGIL, , Gucci’s, Sabato De Sarno, Alessandro Garofalo, Alessandro Michele, Kering, Valentino, Marco Bizzarri, Jean, François, Yves, Yves Saint Laurent, Bottega, ” Gucci, De Sarno, “ Gucci Ancora ”, , Julia Roberts, Ryan Gosling, Jessica Chastain, Kendall Jenner, Julia Garner, bejeweled Organizations: CNN, Reuters, Yves Saint, Gucci Locations: Rome, Milan, Bottega Veneta, Balenciaga
CNN —Newcastle United was denied a famous away win over Paris Saint-Germain after the French side was awarded a late penalty following yet another controversial VAR decision. Trailing 1-0 to Alexander Isak’s 24th-minute goal, PSG swarmed the Newcastle goal throughout the second half but without any success. Polish referee Szymon Marciniak awarded the penalty after being recommended by the VAR to view the pitchside monitor. If he’s the best ref in the business – and he probably is – how can he give that?”How on earth is that a penalty for PSG. After the match, Newcastle manager Eddie Howe said he was “still coming to terms” with the decision to award PSG a spot kick.
Persons: Germain, Alexander Isak’s, Ousmane Dembélé, Tino Livramento, Szymon Marciniak –, , Dembélé, Szymon Marciniak, Alain Jocard, Darren Fletcher, Ally McCoist, it’s, Gary Lineker, Mbappé, Eddie Howe, , ” Howe, Franck Fife, Marciniak didn’t, Lewis, @ChampionsLeague — Michael Owen, @themichaelowen Organizations: CNN, Newcastle United, Paris Saint, PSG, Magpies, Newcastle, Getty, TNT, TNT Sports, International Football Association Board, UEFA, Borussia Dortmund’s, AC Milan, Milan, Dortmund Locations: Newcastle, AFP, @GaryLineker, Paris
CNN —“It was definitely heartbreaking to see,” American soccer star Timothy Weah says of a moment which, even 10 years on, he can still clearly recall. As a 12-year-old, it was the first time Weah – son of legendary Liberian soccer great George Weah – had seen racism in sport. “I think that was a moment that really … shook me as a young man,” the 23-year-old Weah tells CNN Senior Sport Analyst Darren Lewis. Weah and Iling-Junior agree that not spending much time with family is one of the most difficult challenges young soccer players face, especially those who move abroad, as they both did. “And I think, in mental health, that’s important to understand because I think there’s going to be a time where a lot more footballers are going to come and speak out about their mental health.
Persons: Timothy Weah, Kevin, Prince Boateng, Weah, George Weah –, Darren Lewis, , we’re, they’ve, Samuel Iling, Marco Bertorello, ” Weah, Sam, , “ I’ve, Germain, I’ve, Iling, ” Iling, I’m Organizations: CNN, AC Milan, Liberian, Weah, Juventus, CNN Sport, Juventus ’ “, Getty, Junior, US, National Team, Paris Saint, London Locations: American, Europe, AFP, Paris, Turin, Italy, I’m, London
Richemont digital strategy goes back to square one
  + stars: | 2023-11-29 | by ( Lisa Jucca | ) www.reuters.com   time to read: +3 min
The logo of the luxury goods company Richemont is pictured at its headquarters in Bellevue near Geneva, Switzerland, June 2, 2022. REUTERS/Denis Balibouse Acquire Licensing RightsMILAN, Nov 29 (Reuters Breakingviews) - Johann Rupert’s digital strategy may be heading back to the drawing board. But even if Rupert can extricate himself from the Farfetch situation, Richemont’s digital plans will still be unclear. In August 2022 Richemont agreed to sell a 47.5% stake in its digital platform, Yoox Net-A-Porter, to Farfetch. Shares in Richemont were up 1.5% by 1100 GMT on Nov. 29.
Persons: Denis Balibouse, Johann Rupert’s, Porter, Cartier, Rupert, Farfetch, José Neves, Richemont, Financiere Richemont, Peter Thal Larsen, Oliver Taslic Organizations: REUTERS, Reuters, The Telegraph, Financiere, Telegraph, Thomson Locations: Bellevue, Geneva, Switzerland, Swiss, U.S, YNAP, New York, Richemont
A huge billboard advertising Riyadh, Saudi Arabia as candidate of the World Expo 2030 is seen in Paris as the host country of The World Expo 2030 will be elected by BIE Member States that will gather in the 173rd General Assembly in Paris, France, November 25, 2023. South Korea's southeastern city of Busan is competing against Saudi Arabia's Riyadh and Italy's Rome. More than one vote will be necessary if no country gets a majority at the first ballot. Italian Prime Minister Giorgia Meloni personally got involved in trying to persuade international leaders to back the Rome bid, giving it her full political backing. Rome is looking to use the Expo as a way of attracting investment, much as Milan did when it successfully hosted the 2015 Expo.
Persons: Gonzalo Fuentes, Roberto Gualtieri, Crown Prince Mohammed bin, Prince Mohammed, Jamal Khashoggi, Yoon Suk Yeol, Giorgia Meloni, Michel Rose, Elizabeth Pineau, Crispian Balmer, Giselda Vagnoni, Hyonhee, Christina Fincher Organizations: BIE Member, 173rd, Assembly, REUTERS, PARIS, Saudi, City, Crown, Paris . South, Thomson Locations: Riyadh, Saudi Arabia, Paris, BIE, BIE Member States, France, Busan, Saudi's Riyadh, Italy's Rome, Italy, South Korea, South, Rome, Saudi, Lebanon, Paris ., Korea, Italian, Milan, Europe, Dubai, Osaka, Japan, Seoul
ISSY-LES-MOULINEAUX, France (AP) — In a high-profile showdown, Rome, Busan and Riyadh are the top contenders to become the host city of the 2030 World Expo, with the organizing body choosing the winner on Tuesday. The meeting started with the candidates' final presentation to be followed by the vote, which will be held behind closed doors. Political Cartoons View All 1267 ImagesThe Rome campaign also hosted BIE delegates at Paris’ luxurious Plaza Athenee hotel. The World Expo has a storied history of bringing together nations to showcase technological innovations and cultural achievements. With the world’s attention turned to Paris, the upcoming vote will set the stage for the next chapter in the rich legacy of the World Expos.
Persons: Russell Crowe, Giampiero Massolo, ” Rome’s, Psy, Emmanuel Macron, Ferris, ___ Thomas Adamson, John Leicester, Frances D’Emilio, Colleen Barry Organizations: Expo, BIE, Paris, Michelin, Eiffel, Saudi, Expos, World Expos Locations: ISSY, France, Rome, Busan, Riyadh, Paris, BIE, Issy, Italy, , Roman, Saudi Arabian, Elysee, Osaka, Japan, Milan
Ten candidates are up for each job. The final selection will be made sometime next month by Gennaro Sangiuliano, Italy’s culture minister, and Massimo Osanna, the ministry’s director overseeing museums. It has been eight years since a reform granted some Italian arts institutions greater autonomy and opened up the position of museum director to people from outside the culture ministry’s ranks. The then-culture minister, Dario Franceschini, sought applications from foreigners to shake up the museum sector, even publishing the job advertisement in The Economist magazine. At the first 20 museums affected by the reform, Franceschini appointed seven foreigners and several Italians with experience abroad, who were hired for a four-year contract, that could be renewed once.
Persons: whittle, Gennaro Sangiuliano, Massimo Osanna, Dario Franceschini, Franceschini Organizations: Culture Ministry, Brera, Economist Locations: Florence, Naples, Milan
Italy's Eni wins in arbitration case against Uniper -sources
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +1 min
[1/2] The logo of Italian energy company Eni is seen at a gas station in Rome, Italy September 30, 2018. REUTERS/Alessandro Bianchi/File Photo Acquire Licensing RightsLONDON/MILAN/FRANKFURT, Nov 27 (Reuters) - Eni has won a $600-million award after an arbitration court decided in the Italian firm's favour and against Germany's Uniper in a row over a liquefied natural gas (LNG) supply contract, three trading sources said. The 2017 annual report by the International Group of LNG Importers (GIIGNL) showed a 15-year contract under which Eni supplied Uniper with 0.65 million tonnes of LNG per annum between 2007 and 2022. Eni was not immediately available for comment. ($1 = 0.9168 euros)Reporting by Marwa Rashad, Francesca Landini and Christoph Steitz Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.
Persons: Alessandro Bianchi, Germany's, Uniper, Eni, Marwa Rashad, Francesca Landini, Christoph Steitz, Miranda Murray Organizations: Eni, REUTERS, Sunday, International Chamber of Commerce, E.ON, International Group, Thomson Locations: Rome, Italy, MILAN, FRANKFURT
An employee dusts of a Lancia Ypsilon 30th anniversary edition during the first press day ahead of the 85th International Motor Show in Geneva March 3, 2015. The new Ypsilon will initially be presented as a fully-electric, limited edition version of 1,906 units, Lancia said in a newsletter. The car will go on sale in Italy before summer next year and will also be available in a mild-hybrid version. The new Ypsilon will be built in Zaragoza, Spain, on the same platform as several other Stellantis models, including the Jeep Avenger, Fiat 600, Peugeot's 208 and 2008 and Opel's Mokka and Corsa. Reporting by Giulio Piovaccari; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
Persons: Arnd, Lancia, Opel's, Giulio Piovaccari, Kirsten Donovan Organizations: Lancia, REUTERS, Jeep, Fiat, Thomson Locations: Geneva, Italy, Stellantis, Zaragoza, Spain
Julius Baer’s damage control only goes so far
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +2 min
The logo of Swiss private bank Julius Baer is seen at their headquarters in Zurich, Switzerland February 2, 2022. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsMILAN, Nov 27 (Reuters Breakingviews) - Julius Baer (BAER.S) has soothed agitated investors’ fears – but only up to a point. The $11 billion Swiss wealth manager said on Monday that 70 million Swiss francs of recently revealed losses stemmed from 606 million Swiss francs of loans to a single corporate client – which Reuters identified as troubled property group Signa. That’s 40% of the bank’s 1.5 billion Swiss francs riskiest credits, an uncomfortably high concentration. That implies a buffer of 450 million Swiss francs over the 14% threshold at which boss Philipp Rickenbacher gets comfortable doing share buybacks.
Persons: Julius Baer, Arnd, , , Philipp Rickenbacher, Julius Baer’s, Lisa Jucca, Warren Buffett, George Hay, Streisand Neto Organizations: REUTERS, Reuters, X, Thomson Locations: Zurich, Switzerland, China
Gucci employees in Rome go on strike over creative office move
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +1 min
A Gucci sign is seen outside a shop in Rome, April 20, 2023. REUTERS/Remo Casilli/File Photo Acquire Licensing RightsMILAN, Nov 27 (Reuters) - A few dozen employees at fashion house Gucci in Rome went on strike on Monday against the company's decision to move its design office from the Italian capital to Milan. Labour union CGIL's regional office said Gucci's decision was not supported by objective reasons, making hard not to think the real goal was to cut staff. The transfer "does not involve any staff reductions", a spokesperson for Gucci told Reuters. Following the departure of creative director Alessandro Michele in 2022, Gucci owner Kering (PRTP.PA) changed the label's top management, as it seeks to reignite sales momentum at its largest brand.
Persons: Remo Casilli, Gucci, Alessandro Michele, Kering, Elisa Anzolin, Mark Potter Organizations: REUTERS, Labour, CGIL's, Reuters, Thomson Locations: Rome, Milan
CNN —Aged 15 years and 260 days old, Francesco Camarda pulled on the famous black and red striped jersey of AC Milan on Saturday, and made history as the youngest ever debutant in Serie A. The Rossoneri’s victory against Fiorentina stymied their recent drought of wins, and ensured they remained third in the league, five points behind leaders Inter Milan. I could be his grandfather,” Milan manager Stefano Pioli told Sky Sport Italia, according to ESPN. So far this season, Camarda had made nine appearances for AC Milan in the Campionato Primavera 1 TIM, Italy’s under-19 league, and scored one goal. After his history-making Serie A debut, Camarda’s teammates rushed to congratulate him, including France’s all time leading goalscorer Olivier Giroud who hailed his “rossonero little brother” on Instagram.
Persons: Francesco Camarda, Luka Jović, Wisdom Amey, “ Francesco, ” Milan, Stefano Pioli, Camarda, Camarda’s, Olivier Giroud, Organizations: CNN, Milan, Serie A, Luka, Fiorentina, Bologna, Sky Sport Italia, Inter Milan, ESPN, AC Milan, Primavera, Serie Locations: Instagram
Italy is no country for young chefs
  + stars: | 2023-11-25 | by ( Antonella Cinelli | ) www.reuters.com   time to read: +9 min
Italy's food is famous the world over but many talented young chefs, hoping to make a career in their country, find themselves frustrated by low pay, lack of labour protection and scant prospects. The current outflow of Italian chefs due to difficult conditions at home is not a new phenomenon. A peep into the kitchens of even the most traditional Italian restaurants shows the local dishes are often prepared by low-paid immigrants. Partly for this reason, young chefs in Italy take home half the salary of their peers in Britain while working longer hours, Mazzei said. British people have become knowledgeable about Italian food, even learning about regional differences, he said, so he preferred to hire Italian chefs to satisfy an increasingly demanding clientele.
Persons: Davide Sanna, Brendan McDermid, Sanna, he'd, It's, Massimo Bottura, Roberto Gentile, Paese, Gentile, Di Marzo, Julio, Francesco Mazzei, Mazzei, Giorgia Meloni's, Francesco Lollobrigida, Antonio Bassu, Bassu, Gavin Jones, Daniel Flynn Organizations: REUTERS, Rights, Star, Michelin, European, European Labour Authority, Reuters, MELONI'S, PRIDE Italian, Thomson Locations: SoHo, New York City, U.S, Sardinia, New York, Italy, Italian, glitzy SoHo, Modena, Spain, Japan, France, Europe, United States, Sicily, ITALY, Le, Toulouse, Britain, Milan, Gaeta, Rome, Naples, Roman, Emilia, Peruvian, Calabria, Italy's, London, Malta, England, Sardinian, Barcelona
Insight: Italy is no country for young chefs
  + stars: | 2023-11-25 | by ( Antonella Cinelli | ) www.reuters.com   time to read: +9 min
For the past year, the 25-year-old has cooked at Piccola Cucina, an Italian restaurant in Manhattan's glitzy SoHo district, home to designer boutiques and high-end art galleries. The current outflow of Italian chefs due to difficult conditions at home is not a new phenomenon. A peep into the kitchens of even the most traditional Italian restaurants shows the local dishes are often prepared by low-paid immigrants. Partly for this reason, young chefs in Italy take home half the salary of their peers in Britain while working longer hours, Mazzei said. British people have become knowledgeable about Italian food, even learning about regional differences, he said, so he preferred to hire Italian chefs to satisfy an increasingly demanding clientele.
Persons: Davide Sanna, Brendan McDermid, Sanna, he'd, It's, Massimo Bottura, Roberto Gentile, Paese, Gentile, Di Marzo, Julio, Francesco Mazzei, Mazzei, Giorgia Meloni's, Francesco Lollobrigida, Antonio Bassu, Bassu, Gavin Jones, Daniel Flynn Organizations: REUTERS, Rights, Star, Michelin, European, European Labour Authority, Reuters, MELONI'S, PRIDE Italian, Thomson Locations: SoHo, New York City, U.S, Sardinia, New York, Italy, Italian, glitzy SoHo, Modena, Spain, Japan, France, Europe, United States, Sicily, ITALY, Le, Toulouse, Britain, Milan, Gaeta, Rome, Naples, Roman, Emilia, Peruvian, Calabria, Italy's, London, Malta, England, Sardinian, Barcelona
Total: 25