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Tesla is set to report fourth-quarter earnings for 2023 after the bell Wednesday. Tesla shareholders submitted questions for executives to answer via the platform Say Technologies ahead of the earnings call. They're asking when Tesla plans to debut its "next-generation" vehicle, a more affordable EV referred to by fans as the Model 2. Gerber said on CNBC's "Last Call" with Brian Sullivan, that Musk was "blackmailing" Tesla shareholders, and that "the idea that he doesn't control Tesla is absurd." WATCH: Elon Musk is very much in charge of Tesla
Persons: Elon Musk, Tesla, Musk, Elon, Ross Gerber, who's, bristled, Gerber, Brian Sullivan Organizations: Tesla Inc, Fratelli, LSEG, Labor, General Motors, Ford, United Auto Workers, Tesla, Investors, Twitter Locations: Italy, Rome, U.S, Sweden, Scandinavia, Europe, Nevada, Tesla
CNN —AS Roma has announced that José Mourinho and his coaching staff have left the Serie A club with “immediate effect.”The 60-year-old Mourinho was appointed Roma coach in May 2021 and guided the Italian team to a Europa Conference League final win a year later. Last year, Roma and Mourinho also reached the Europa League final but lost on penalties to Sevilla. Beaten 3-1 by AC Milan on Sunday, Roma is ninth in the Serie A table. He has also won two Champions Leagues, a Europa League and a UEFA Cup. The role at Roma was the second time Mourinho had worked in Italy.
Persons: José Mourinho, Mourinho, , Dan, Ryan Friedkin, José, ” Mourinho Organizations: CNN — AS Roma, Serie, Roma, Europa Conference League, Europa League, Sevilla, AC Milan, Sunday, AS Roma, Manchester United, Inter Milan, Chelsea, Tottenham Hotspur, Porto, Roma’s Europa Conference, Leagues, UEFA, , Coppa Italia, Champions League Locations: Real Madrid, Italy
The MSI party grew from the ashes of Benito Mussolini’s National Fascist Party after it was dismantled at the end of World War II when the dictator was deposed and killed. Gotor and Rocca laid a wreath at a monument to the fallen activists, but left before the fascist salute was carried out, their offices told CNN. Nor are fascist memorabilia or gestures like the fascist salute illegal, something that critics say must change. A witness who lives on the street where the commemoration took place told CNN that it happens every year, including with the fascist salute. Berizzi said that “in this moment neo-fascist groups feel protected by Meloni’s silence, her ambiguity.
Persons: Rome, Giorgia Meloni, Franco Bigonzetti, Francesco Ciavatta, Stefano Recchioni, , , Benito Mussolini’s, Meloni, Francesco Rocca, Miguel Gotor, Gotor, Rocca, Elly Schlein, ” Schlein, Noemi Di Segna, Antonio Tajani –, Silvio Berlusconi –, Meloni wasn’t, ” Maria Calderone, ” Paolo Berizzi, Berizzi, Ewan MacPhee, ” MacPhee Organizations: Rome CNN, Italian, Acca, Italian Social Movement, MSI, Fascist Party, Democratic Party, CNN, , Union of Italian, Forza Italia, Facebook, La Repubblica, Italy’s, Operations, Social Democrats Locations: Rome, Italy, Lazio, , Italian, Germany, Europe, Ukraine, Strasbourg
EU clears up to 1.2 bln euros of aid for cloud computing
  + stars: | 2023-12-05 | by ( ) www.reuters.com   time to read: +2 min
European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Dec 5 (Reuters) - The European Commission approved on Tuesday up to 1.2 billion euros ($1.30 billion) of state aid for a European cloud computing project to try to boost the involvement of EU business in a field dominated by U.S. companies. Those countries will provide up to 1.2 billion euros in public funding, which in turn is expected to unlock 1.4 billion euros in private investments, the European Commission said. The European cloud technology project features 19 companies, including French companies Atos (ATOS.PA) and Orange (ORAN.PA), Deutsche Telekom (DTEGn.DE) and Germany's SAP (SAPG.DE), Telecom Italia (TLIT.MI) and Telefonica Espana (TEF.MC). The three biggest players in cloud computing are Amazon (AMZN.O), Microsoft (MSFT.O) and Google (GOOGL.O).
Persons: Yves Herman, Didier Reynders, Sudip Kar, Gupta, Piotr Lipinski, Philip Blenkinsop, Barbara Lewis Organizations: European Commission, REUTERS, Rights, U.S, Infrastructure, Services, IPCEI CIS, Union, Deutsche Telekom, SAP, Telecom Italia, Telefonica Espana, Microsoft, Google, Thomson Locations: Brussels, Belgium, France, Germany, Hungary, Italy, Netherlands, Poland, Spain
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
European mobile data traffic to triple by 2028 -GSMA
  + stars: | 2023-11-23 | by ( ) www.reuters.com   time to read: +2 min
The GSMA, which brings together more than 1,000 mobile phone operators and businesses, said 5G subscribers were interested in adding high-bandwidth services and content to their mobile contracts, as demand for high-quality gaming, extended reality, and video content grows. Mobile data traffic per smartphone will increase in Western Europe to 56 gigabytes (GB) per month in 2028, compared with 20 GB last year. In Central and Eastern Europe, it will rise to 37 GB per month from 14 GB in 2022, the lobby group said in its annual mobile economy report. More than 460 million Europeans, or 85% of the population, were connected to mobile internet in 2022, according to the GSMA. ($1 = 0.9168 euros)Reporting Diana Mandiá, editing by Milla Nissi and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
Persons: Denis Balibouse, GSMA, We're, Daniel Pataki, Diana Mandiá, Milla Nissi, Emelia Organizations: Soccer Football, FIFA, Qatar, REUTERS, Telecom Italia, Big Tech, Netflix, Microsoft, European Commission, Reuters, Thomson Locations: France, Argentina, Paris, Mobile, Western Europe, Central, Eastern Europe, Orange, Europe
"This Protocol is not comparable to the agreement between the United Kingdom and Rwanda," Tajani said, rejecting comparisons between the Italian initiative and Britain's, which UK's top judges have declared unlawful. The protocol, seen by Reuters, says the camps will operate under Italian jurisdiction, and should open in spring 2024. Tajani told lawmakers Italy would bear all the costs, including building and policing the centres, and would pay 16.5 million euros ($18.00 million) for the initial expenses. Some 150,000 sea migrants have arrived in Italy so far this year, compared to around 94,000 in the same period in 2022. ($1 = 0.9168 euros)Reporting by Angelo Amante Editing by Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Giorgia Meloni, Antonio Tajani, Tajani, Meloni, Silvio Berlusconi, Angelo Amante, Alexandra Hudson Organizations: Reuters, Albanian, Forza Italia, Alexandra Hudson Our, Thomson Locations: Albania, Rwanda, Africa, Italy, Turkey, United Kingdom, Tajani
ROME, Nov 21 (Reuters) - Italy is considering candidates to take the helm of state lender Cassa Depositi e Prestiti (CDP), three sources close to the matter told Reuters, as part of a wider shake-up of state-controlled companies. State-backed investor CDP, founded 173 years ago, plays a key role in keeping strategic assets in national hands. Asked to comment on a change of CEO at CDP, Meloni's office said any rumours of a replacement for Scannapieco were unfounded. Rome is expected to decide on the top management of CDP in March at the latest, immediately after the approval of this year's CDP financial accounts, the sources said. The state lender invests savings made by Italians through the national post office network Poste Italiane.
Persons: Dario Scannapieco, Fincantieri, Giorgia, Scannapieco, Antonino Turicchi, Stefano Donnarumma, Mario Draghi, Elvira Pollina, Susan Fenton Organizations: Eni, ITA Airways, European Investment Bank, Telecom Italia's, Thomson Locations: Italy, State, Rome, EU, Milan
Rome CNN —An Italian court has sentenced more than 200 crime gang members to a total of 2,200 years in prison, following the country’s largest mafia trial in three decades. It took the court one hour and 40 minutes to hand down its rulings, Italian news outlet Ansa reported. Among those tried were 42 women – a record for a mafia trial – of whom 39 were convicted. The trial took place in a specially-built bunker in Lamezia Temre, southern Italy, amid safety concerns. Valeria Ferraro/APThe mobsters were affiliated with Italy’s notorious ’Nrangheta crime group and were convicted of mafia association, extortion, bribery and five murders.
Persons: Rome, Rome CNN —, , ” “, Giancarlo Pittelli, Giorgio Naselli, Michele Marinaro, Gianluca Callipo, Luigi Incarnato, Pietro Giamborino, Valeria Ferraro, Scott, Scott W, Sieben Organizations: Rome CNN, onetime Forza Italia, CNN, Italy’s, United, Italian DIA, Mafia Locations: Lamezia Terme, Temre, Italy, United States, Italian, Calabria
Blackstone, Macquarie deny ASPI sale report, pledge commitment
  + stars: | 2023-11-17 | by ( ) www.reuters.com   time to read: +2 min
Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo/File Photo Acquire Licensing RightsMILAN, Nov 17 (Reuters) - Blackstone and Macquarie on Friday dismissed as "completely false" an Italian newspaper report about possible ownership changes at Autostrade per l'Italia (ASPI), pledging their commitment as investors in the motorway operator. Following the 2022 deal, ASPI is controlled by state-lender CDP with funds Blackstone (BX.N) and Australia's Macquarie (MQG.AX). Under JPMorgan's plan ASTM would transfer its assets to ASPI whose shareholders would be CDP, Gavio group and Blackstone. In denying the report, Macquarie said it was committed to the "ongoing delivery of ASPI's multi-billion euro investment programme".
Persons: JP Morgan, Italy's, ASPI, Australia's Macquarie, Macquarie, Blackstone, Matteo Salvini, Elisa Anzolin, Giuseppe Fonte, Valentina Za Organizations: Blackstone Group, REUTERS, Blackstone, La Stampa, ASTM, Benetton, Shareholders, Reuters, Thomson Locations: New York City, U.S, Macquarie, Ardian, Milan, Rome
The Tim logo is seen at its headquarters in Rome, Italy November 22, 2021. REUTERS/Yara Nardi/File Photo Acquire Licensing RightsROME, Nov 14 (Reuters) - Telecom Italia's (TIM) (TLIT.MI) planned sale of its fixed-line network to U.S. fund KKR (KKR.N) boosts the prospects of creating a national grid operator under state control, Italy's industry minister said on Tuesday. "Prospectively, I think this [the deal] will enhance the creation of a national grid operator under public control, in full respect of the EU competition law," Minister Adolfo Urso said during an event in Rome. The 19-billion-euro deal ($20.4 billion) is backed by the administration of Prime Minister Giorgia Meloni, which authorised the Treasury to spend up to 2.2 billion euros to take a 20% stake in the network. ($1 = 0.9330 euros)Reporting by Elvira Pollina, editing Federico MaccioniOur Standards: The Thomson Reuters Trust Principles.
Persons: Yara, Adolfo Urso, Giorgia Meloni, Elvira Pollina, Federico Maccioni Organizations: REUTERS, Rights, Telecom, KKR, Treasury, Thomson Locations: Rome, Italy
Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. CEO Pietro Labriola's comments follow criticism from top shareholder Vivendi (VIV.PA), which has threatened a legal challenge to the plan to sell the grid, saying it considered the decision to proceed without a shareholder vote as "unlawful". "It is not possible under the Italian law to transfer such competence to the shareholders," the CEO added. According to Vivendi, the sale required an extraordinary shareholder vote because it would change TIM's corporate purpose and therefore required a change to the company bylaws. Labriola said the deal is "no more than the strict execution of the delayering (business) plan" unanimously approved in 2022.
Persons: Dado Ruvic, Pietro Labriola's, Labriola, Agostino Nuzzolo, Elvira Pollina, Giulia Segreti, Jan Harvey Organizations: Telecom Italia, REUTERS, Rights, Telecom, KKR, Vivendi, TIM, Thomson Locations: Milan
That is ahead of a 1.37 billion euro company-provided analyst consensus. Total domestic sales rose 2.2% in the quarter to 2.98 billion euros, also above forecasts. The company confirmed its 2023 financial targets, including a stabilisation of core earnings and service revenue in Italy. In the nine months, service revenue at TIM's domestic operations fell 1.3% to 7.9 billion euros. TIM's net financial debt stood at 26.3 billion euros as of Sept. 30, marginally up from the end of the previous quarter.
Persons: Stefano Rellandini, Giorgia, Pietro Labriola, Elvira Pollina, Valentina Za Organizations: Telecom Italia, REUTERS, Vivendi, Italy's, KKR, TIM, Thomson Locations: Rozzano, Milan, Italy, TIM's
That has left Italian equities overall more cheaply valued than even battered UK shares (.dMIGB00000PUS), which are trading at a 33% discount to global peers. Goldman Sachs estimates that each 10 bps rise in sovereign spreads takes around 2% off Italian bank shares and 1.5% off the FTSE MIB index. Conflict in Ukraine and in the Middle East meanwhile threaten to spark a fresh surge in energy prices and weaken growth. UniCredit shares are up almost 80% this year and among the best performing euro zone banking shares. Fidelity International portfolio manager Alberto Chiandetti, said he was chasing opportunities in battered industrials and consumer sectors in the FTSE Italia Star index.
Persons: Claudia Greco, Chris Hiorns, Fitch, Goldman Sachs, Giuseppe Sersale, Andrea Scauri, Lemanik, Scauri, LSEG, Alberto Chiandetti, Joice Alves, Danilo Masoni, Dhara Ranasinghe, Toby Chopra Organizations: REUTERS, Companies, LONDON, Barclays, European Commission, FTSE Italia Star, Anthilia, Banco, Fidelity International, FTSE, Thomson Locations: Milan, Silicon, Italy, Companies Italy, MILAN, Germany, Ukraine, iShares, Europe, dei, London
Stock Market Today: Futures Edge Up to Start the Week
  + stars: | 2023-11-06 | by ( ) www.wsj.com   time to read: +1 min
Stock futures crept higher early Monday, with investors eyeing bond yields for signals on whether a recent rally in equities can continue. Friday’s weaker-than-expected jobs report propelled the S&P 500 up 0.9% and helped the index notch its best weekly performance in about a year. In recent market action:Index futures nudged higher. Contracts linked to the S&P 500, Nasdaq-100 and the Dow industrials inched up by about 0.1% to 0.2%. Treasury yields rose slightly.
Persons: Tesla, Stocks, Brent Organizations: Nasdaq, Dow, KKR, Telecom Italia's, Telecom Italia Locations: Asia, Milan, Saudi Arabia, Russia
Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. The price tag can reach 22 billion euros when including some future payments were a long-awaited combination of TIM's grid with that of state-backed fibre optic rival Open Fiber materialise, the first two sources said. Italian infrastructure fund F2i is also preparing to take a stake in the grid to bring the holding in Italian hands to 30%-35%. With its 24% TIM stake, Vivendi has warned TIM's board it is ready to bring a legal challenge to the sale after criticising its approval process, documents seen by Reuters showed. ($1 = 0.9321 euros)Reporting by Elvira Pollina; Editing by Valentina ZaOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Giorgia, Pietro Labriola's, Merlyn Advisors, Stefano Siragusa, Elvira Pollina, Valentina Za Organizations: Telecom Italia, REUTERS, Vivendi, Sunday, KKR, Reuters, TIM, Treasury, Thomson Locations: MILAN, London
Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. The board started a review of KKR's offer on Friday, approving it on Sunday, TIM said. The sale's 18.8 billion euro price tag, including debt, could reach 22 billion euros if certain conditions are met, TIM said. TIM said it would not put the board's decision to a shareholder vote, in a setback for leading shareholder VivendI (VIV.PA). Vivendi, which owns 24% of TIM, has been seeking a higher price and questioned the sustainability of the business left behind.
Persons: Dado Ruvic, Giorgia, Pietro Labriola's, Labriola, Merlyn Advisors, Merlyn, Elvira Pollina, Valentina Za, Will Dunham Organizations: Telecom Italia, REUTERS, TIM, Vivendi, Sunday, KKR, European Union, Treasury, VivendI, Thomson Locations: Italy, MILAN, London
Forza Italia leader and former Prime Minister Silvio Berlusconi arrives for a meeting with Italian President Sergio Mattarella at the Quirinale Palace in Rome, Italy October 21, 2022. REUTERS/Guglielmo Mangiapane/File Photo Acquire Licensing RightsMILAN, Nov 3 (Reuters) - Silvio Berlusconi's family has halted the 2,500 euro ($2,670) monthly payments that the late former prime minister had guaranteed to each of 20 female guests at his so-called Bunga Bunga parties, two legal sources said on Friday. Berlusconi died in June at the age of 86. Berlusconi's family declined to comment. Reporting by Emilio Parodi, additional reporting by Elvira Pollina, editing by Nick MacfieOur Standards: The Thomson Reuters Trust Principles.
Persons: Silvio Berlusconi, Sergio Mattarella, Guglielmo Mangiapane, Silvio Berlusconi's, Berlusconi, Berlusconi's, Emilio Parodi, Elvira Pollina, Nick Macfie Organizations: Forza Italia, REUTERS, Thomson Locations: Rome, Italy
By Angelo Amante and Giuseppe FonteROME (Reuters) - Italy's cabinet was set to propose on Friday a ban on technocrat-led governments, a draft law bill seen by Reuters showed, as part of a constitutional reform to introduce the direct election of the prime minister. Italy has had almost 70 governments since World War Two, more than twice the number in Britain and Germany. The right-wing administration of Prime Minister Giorgia Meloni, who took office last year, made ending the country's chronic political instability strengthening the bond between governments and voters a key policy plank. The main opposition groups, the centre-left Democratic Party (PD) and the 5-Star Movement, have already spoken out against the plan. Only the small centrist Italia Viva party of former premier Matteo Renzi said it might back the government.
Persons: Angelo Amante, Giuseppe Fonte, Giorgia Meloni, Mario Draghi, Sergio Mattarella, COVID, Matteo Renzi, Alison Williams Organizations: Reuters, European Central Bank, Democratic Party, Star Movement, Italia Viva Locations: Italy, Britain, Germany, technocrats
Summary Italy suffers from chronic political instabilityCabinet seen discussing proposed reform on FridayBroad majority needed to avoid referendumROME, Oct 30 (Reuters) - Italian Prime Minister Giorgia Meloni and top ministers on Monday backed a constitutional reform proposal introducing the direct election of the prime minister, in an effort to end the country's chronic political instability. Meloni made constitutional reform a key policy plank of her right-wing coalition after winning power in September last year. Italy has had almost 70 governments since World War Two, more than twice the number in Britain and Germany. Matteo Renzi, who stepped down as premier after his failed reform in 2016, said his small centrist Italia Viva party would be ready to back the direct election of the prime minister. The prime minister need not necessarily be an elected politician.
Persons: Giorgia Meloni, Meloni, Maria Elisabetta Alberti Casellati, Benito Mussolini's, Matteo Renzi, Angelo Amante, Gavin Jones, Jonathan Oatis Organizations: Italian, Monday, Star Movement, Democratic Party, Italia Viva, Thomson Locations: Italy, ROME, Britain, Germany
MFE retains domestic TV rights of Italian soccer cup
  + stars: | 2023-10-30 | by ( ) www.reuters.com   time to read: +1 min
MILAN, Oct 30 (Reuters) - Italy's top soccer league Serie A said on Monday it had awarded commercial broadcaster MFE-MediaForEurope <MFEB.MI> the domestic TV rights for the next three seasons of the Italian Cup competition. The deal also includes the right to screen the Italian Super Cup which has been revamped earlier this year as a four-team competition rather than being a match between the winners of Serie A and the Italian Cup. That brings the total value of the deal, which covers the three seasons until 2026-27, to around 168 million euros. The company, which is controlled by the family of late media tycoon Silvio Berlusconi, is the current holder of the Italian Cup and Super Cup domestic TV rights, under a three-year contract expiring in June and worth some 145 million euros. ($1 = 0.9415 euros)Reporting by Elvira Pollina, editing by Gavin Jones and Federico Maccioni and Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.
Persons: Silvio Berlusconi, Elvira Pollina, Gavin Jones, Federico Maccioni Organizations: MILAN, Serie, Reuters, Italian, Super, Sky Italia, Thomson Locations: Italy
Marseille match against Lyon called off after team bus attacked
  + stars: | 2023-10-29 | by ( ) www.reuters.com   time to read: +2 min
Oct 29 (Reuters) - Sunday's Ligue 1 match between Olympique de Marseille and Olympique Lyonnais was called off after Lyon's team bus was pelted with stones, injuring coach Fabio Grosso, as the players made their way to the Stade Velodrome. Sky Italia footage showed damage to two bus windows and Grosso being led into the stadium by two assistants. Italian media said Grosso suffered injuries to his scalp and face. "He can't hold a conversation, he had shards of glass in his face," Lyon's club president, John Textor added. "Because of a handful of thoughtless people, the party planned for this evening has been ruined, and 65,000 fans have been deprived of attending a football match," the club added.
Persons: Fabio Grosso, Grosso, John Textor, Lyon, Francois Letexier, Fabio Grosso's, Amelie Oudea Castera, Raffaele Longo, Tommy Lund, Kate Entringer, Hugh Lawson, Clare Fallon Organizations: Ligue, Olympique de Marseille, Olympique Lyonnais, Stade Velodrome, Sky, OL, French Professional League, Lyonnais, Marseille, Thomson Locations: Marseille, Gdansk, Paris, Lincoln
Oct 25 (Reuters) - Dominant Dutch cycling team Jumbo-Visma aim to stay at the front of the peloton next season with the help of an unlikely addition to their coaching set-up -- swimming guru Jacco Verhaeren. "Over the past few years, I have often exchanged ideas with Jacco", Jumbo-Visma sporting director Merijn Zeeman said in a statement announcing the unusual collaboration. "After our best season, we have to keep looking for improvements and new insights. Together with (head of performance) Mathieu Heijboer, I have come to the conclusion that Jacco can provide us with these new ideas and different insights from another sport. "What Jumbo-Visma does with my advice is up to them."
Persons: Jacco, Primoz Roglic, Jonas Vingegaard, Sepp Kuss, Pieter van den Hoogenband, Inge de Bruijn, Merijn Zeeman, Mathieu Heijboer, Verhaeren, Martyn Herman, Christian Radnedge Organizations: France, Paris Olympics, Thomson Locations: Espana
ROME, Oct 25 (Reuters) - Italy and other European countries need government-controlled cloud services to store sensitive data, the head of Italian defence and electronics firm Leonardo (LDOF.MI) said on Wednesday, calling it "one of the key issues of our future". "In my opinion, a safe country needs a government cloud, at least for financial, health and defence data," Chief Executive Roberto Cingolani told a hearing at the defence committee of the Italian lower house of parliament. First of all creating a (national) government cloud. Then understanding that these (national) government clouds need to become European government clouds," he said. Leonardo, a listed company controlled by the Italian government, offers cloud services to the Italian state through a consortium including Telecom Italia (TLIT.MI), Italian state lender CDP and state-owned IT firm Sogei.
Persons: Leonardo, LDOF.MI, Roberto Cingolani, Cingolani, Alvise Armellini, Mike Harrison Organizations: Telecom Italia, Thomson Locations: Italy, Europe
About five teams around Europe including Ineos Grenadiers are involved in the early-stage talks and more could join, the people said. Tour de France champion Jonas Vingegaard’s Jumbo-Visma team is also involved in the talks, one of them said. Amaury Sports Organisation (ASO) controls the Tour de France and La Vuelta while the Giro d'Italia is controlled by RCS Sports. This is not the first time cycling teams have explored a new cycling league project. Eight teams founded a league project called World Series Cycling (WSC) at the end of 2012 but the plans failed to materialise.
Persons: Jonas Vingegaard’s Jumbo, Spokespeople, EY, Amy, Jo Crowley, Anousha Sakoui, Julien Pretot, Andres Gonzalez, Elisa Martinuzzi, Hugh Lawson Organizations: Reuters, Ineos Grenadiers, de France, Partners, Formula, Tour de France, La Vuelta, Amaury Sports Organisation, La, RCS Sports, Thomson Locations: Europe
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