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☆ Private jet version of Boeing’s 777X gets CelestialSTAR luxury cabin concept
▼ + stars: | 2023-11-17 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

That’s the centerpiece of Lufthansa Technik’s new cabin design for the upcoming BBJ 777-9 — the private jet version of Boeing’s new widebody aircraft, the 777X. “It’s a combination between a Middle Eastern touch and a very modern, sleek design,” says Hassan Gasim, a sales director at Lufthansa Technik. A Boeing 777-X performing a flight demonstration at the Dubai Airshow. They also come with high environmental costs, as private jets emit 10 times more pollutants than commercial planes per passenger. The Boeing 777X was one of the stars of the Dubai Airshow, where it performed a flight demonstration.

Persons: ”, Hassan Gasim, Gasim, it’s, we’ve, Giuseppe Cacace, Clemens Schrettl, Schrettl, Gary Crichlow, “, Syed Zaidi, Zaidi Organizations: CNN, Lufthansa, Boeing, Lufthansa Technik, Dubai Airshow, Technik, Getty, United, United Arab Emirates, Boeing Business Jet, Emirates airline, Airbus Locations: AFP, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab, Dubai

☆ Wall Street turns to Nvidia earnings in the week ahead as stocks try to keep their November momentum
▼ + stars: | 2023-11-17 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Nvidia earnings will be in focus in the Thanksgiving-shortened week ahead, as investors consider the sustainability of the November rally heading into year-end. NVDA YTD mountain Nvidia YTD The chip giant's results will come amid a broad rally for equities this month. The S & P 500 has climbed more than 7%, and the tech-heavy Nasdaq Composite has advanced more than 9%. That stands in marked contrast to the S & P 500, which trades at a multiple of 22. Hopes for a dovish Fed Wall Street is also heading into next week after absorbing some positive news.

Persons: Timothy Arcuri, China —, Piper Sandler, Harsh Kumar, Quincy Krosby, Bill Baruch, CNBC's, That's, Bonds, Giuseppe Sette, Dow, Jeff Hirsch, —, Michael Bloom Organizations: Nvidia, UBS, Dow Jones Industrial, Nasdaq, Microsoft, LPL, Dow, Blue, Investors, Chicago Fed, HP Inc, Autodesk, Devices, Lowe's, Deere, P, PMI, P Global PMI Locations: FactSet, China, Treasurys, Lombard, Michigan

☆ 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

☆ Ruzwana Bashir Is Quietly Connecting the Tech World
▼ + stars: | 2023-11-16 | by ( ) www.businessinsider.com time to read: +18 min

Story by Melia RussellPhotography by Lelanie FosterRuzwana Bashir is ransacking her kitchen cabinet for just the right tea. Bashir wears an Erdem floral-printed bra top, Erdem skirt, Giuseppe Zanotti shoes, Old Jewelry earrings along with her own bracelet and ring. "Part of building a business was going out and sharing what you were doing with the world," Bashir says. For years Bashir's startup had been building muscle around these capabilities; now it had an eager audience. Eating at acclaimed restaurants is fine, but Bashir prefers the more-intimate affairs at tech executives' homes because, she says, "you can stay longer."

Persons: Melia Russell, Lelanie Foster Ruzwana Bashir, Peek, She's, she's, Andy Warhol, Picasso, Bashir, I'm, Andreessen Horowitz, Jack Dorsey, Eric Schmidt, Goldman Sachs, Giuseppe Zanotti, Lelanie Foster, Bashir isn't, Elon Musk, Ronan Farrow, Roelof Botha, Mustafa Suleyman, we've, Bennett Miller, Capote, " Miller, —, doesn't, didn't, Madeleine Albright, Tom Ford, Jared Cohen, Oskar Bruening, Forbes, Mark Zuckerberg, I've, Bashir wasn't, Travis Kalanick, Adam Neumann, Ty, Emily Weiss, Bashir refashioned, Donald Trump, Bruening, Laurence Tosi's, Miller, Beyoncé, shrugs, Anna Wintour, Anna, we're, Taylor Swift, Katie Haun, Marc Benioff, Reid Hoffman, Marissa Mayer, Dick Costolo —, Cohen, Katherine Maher, Maher, Daniel Kahneman, It's, Radel, Becky Akinyode, Elaine Winter, Tiffany Bloomfield, Dela, Chad Hilliard, Enmi, Kenny Aquiles Ulloa, Cyrenae, Madison Perez, Aidan Lapp, Bashira Webb, Bryan Erickson, Jinyoung Chang, Rodriguez, Rebecca Zisser, Claire Landsbaum, Emma LeGault, Joi, Marie McKenzie, Conner Blake, Kyle Desiderio, Victoria Gracie, Nicole Forero, Virginia Alves Organizations: Google, Museum of, Business, Elon, Vogue, Roelof, Oxford University, Oxford Union, Blackstone Group, Harvard Business School, Studios, Web, Young, Organization, Dela Revoluciøn, Enmi Yang Digital Tech Locations: Manhattan, SoHo, Bahamas, United States, Balthazar, England, Israel, Petra, Istanbul, Elle, Utah, COVID, Salt Lake City, Costa Rica, Atlanta, WestCap

☆ Boeing bonanza leaves rival Airbus in the dust at 2023 Dubai Airshow with three times more aircraft orders
▼ + stars: | 2023-11-16 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Aermacchi MB-339 trainer aircraft of the Fursan al-Emarat (UAE Knights) aerobatics team release smoke as they fly over with an Emirates Airbus A380-861 jetliner aircraft during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai on November 13, 2023. A Boeing 777-X aircraft flies during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai on November 13, 2023. Boeing orders 'exceeded investor expectations'Boeing's orders are already nearly three times as high as its total orders from the Dubai Airshow in 2021, and approaching the 356 orders in clinched at the 2023 Paris Airshow in June. Airbus's order figure of 86 aircraft is meanwhile significantly behind its 2023 Paris Airshow haul of 846 orders and 2021 Dubai Airshow total of 408. Prior to this week, the iconic American manufacturer hadn't enjoyed a winning performance at a Dubai Airshow since 2017.

Persons: Giuseppe Cacace, Giuseppe CACACE, GIUSEPPE CACACE, Cowen, SunExpress, EgyptAir, Tim Clark, Clark, Royce, hadn't Organizations: UAE Knights, Emirates Airbus, Maktoum International Airport, Afp, Getty Images, United Arab Emirates —, Boeing, Airbus, Royce, Emirates, Dubai, Getty, Ethiopian Airlines, Royal Jordanian, Royal Air Maroc, Air Baltic, Industry, Turkish Airlines, Turkish, Dubai Airshow, Max, RBC Capital Markets, RBC, Saudi Arabia's, Saudi Locations: Emarat, Dubai, Al, Maktoum, Getty Images DUBAI, United Arab, Emirates, East, West, Turkey, India, Saudi Arabia, AFP, widebodies, Istanbul, Paris, Riyadh Air

☆ Italy Finance Minister evokes default risk to defend bank measures
▼ + stars: | 2023-11-14 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

Minister of Economic Development Giancarlo Giorgetti attends the first voting session at the lower house of parliament to elect the new speaker in Rome, Italy, October 13, 2022. "In two or three years' time, when I may not be around but there will be a default crisis, perhaps someone will say that our government was not so crazy," Giorgetti said, without giving further details of this scenario. The average default rate for Italian companies rose for the first time in nearly decade in 2022 to stand at 2.4% in December, compared with a record low of 1.6% in December 2021, credit data company CRIF said last month. The rate has edged up in the first half of 2023 to 2.5%, CRIF added, forecasting it could get to 3% by the end of 2023. ($1 = 0.9346 euros)Additional reporting by Valentina Za in Milan; Editing by Gareth Jones and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

Persons: Giancarlo Giorgetti, Guglielmo Mangiapane, Giorgetti, CRIF, Valentina Za, Gareth Jones, Alexander Smith Organizations: Economic, REUTERS, Italian Economy, Hamas, Thomson Locations: Rome, Italy, ROME, Italian, Europe, Israel, Ukraine, Milan

☆ Lion Sleeps It off After Saturday Stroll Through Italian Town
▼ + stars: | 2023-11-13 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

LADISPOLI, Italy (Reuters) - A lion that escaped from an Italian circus has been taking well-deserved naps to recover from a Saturday night out in the seaside town of Ladispoli that sparked panic before authorities managed to recapture him. The adult lion, named "Kimba", escaped from the "Rony Roller" circus on Saturday afternoon and was on the loose for around seven hours before he was sedated with an aesthetic dart. Footage and pictures, some taken by locals, went viral and showed the lion roaming around the town streets, skirting houses and fences, and standing in front of a carabinieri police car. Local authorities are investigating how the lion managed to get out of its metal enclosure. In a Facebook post on Monday, local mayor Alessandro Grando wrote that he would ask council experts to check if there were legal grounds to revoke the permits for the "Rony Roller" circus.

Persons: Rony Vassallo, Alessandro Grando, Giuseppe Altavilla, Cristiano Corvino, Roberto Mignucci, Oriana Boselli, Federico Maccioni, Keith Weir Organizations: carabinieri, Reuters Locations: LADISPOLI, Italy, Ladispoli, Ladipsoli

☆ Lion sleeps it off after Saturday stroll through Italian town
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

LADISPOLI, Italy, Nov 13 (Reuters) - A lion that escaped from an Italian circus has been taking well-deserved naps to recover from a Saturday night out in the seaside town of Ladispoli that sparked panic before authorities managed to recapture him. The adult lion, named "Kimba", escaped from the "Rony Roller" circus on Saturday afternoon and was on the loose for around seven hours before he was sedated with an aesthetic dart. Local authorities are investigating how the lion managed to get out of its metal enclosure. A lion that escaped from a circus near Rome is seen in front of a house before it was captured and sedated to be brought back to "Rony Roller" Circus, November 11, 2023. In a Facebook post on Monday, local mayor Alessandro Grando wrote that he would ask council experts to check if there were legal grounds to revoke the permits for the "Rony Roller" circus.

Persons: Rony Vassallo, Alessandro Grando, Giuseppe Altavilla, Cristiano Corvino, Roberto Mignucci, Oriana Boselli, Federico Maccioni, Keith Weir Organizations: carabinieri, Carabinieri Military Police, Handout, REUTERS Acquire, Reuters, Thomson Locations: LADISPOLI, Italy, Ladispoli, Rome, Ladipsoli

☆ Intesa Sanpaolo gives clients more time to opt out of digital shift
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

Intesa Sanpaolo bank logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsROME, Nov 13 (Reuters) - Italy's biggest bank Intesa Sanpaolo (ISP.MI) reopened the deadline for thousands of its customers to opt out of switching to its digital lender Isybank, a document showed, following protests from consumer associations and ruling lawmakers. The complaints prompted Italy's central bank as well as the antitrust authority to look into the way the lender was shifting the clients to the app-based unit. In a note sent to customers on Monday and seen by Reuters, the bank wrote that anyone wanting to remain with Intesa Sanpaolo had until the end of February to say so. The competition watchdog took aim at how Intesa informed account holders of the move, adding it had received more than 2,000 complaints.

Persons: Dado Ruvic, Intesa Sanpaolo, Intesa, Paolo, Letizia, Giorgia Meloni, Carlo Messina's, Giuseppe Fonte, Keith Weir Organizations: REUTERS, Rights, Reuters, Brothers, Thomson Locations: Italy

The option however is not top of the list for the Treasury, one of the sources added. Announced in May, Eni's share buyback is underway and is expected to increase the government's total stake to just above 34% of voting shares. Once completed, the Treasury could potentially sell enough shares for Italy to remain slightly over 30% of Eni's capital when factoring in CDP's stake, another source said. At current market prices, 4% of Eni is worth around 2 billion euros ($2.14 billion). Eni's share buyback is expected to end before April 2024 after the group said last month it would speed up the programme launched to reward investors.

Persons: Chris Helgren, Italy's, Eni's, Lucia Albano, Giancarlo Giorgetti, Jan Harvey Organizations: Eni, REUTERS, MILAN, Italy's Treasury, Bankers, Treasury, European Union, Economy, Ferrovie dello Stato, Thomson Locations: Vancouver , British Columbia, Canada, Rome, Italy, dei

☆ NHL roundup: Connor Bedard's 4 points pace Blackhawks
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +8 min

1 overall in June, producing four points as the Blackhawks stormed to a 5-3 win over the host Tampa Bay Lightning on Thursday. He became the youngest player in Blackhawks history to have a multi-goal game and at least three points. At 18 years and 115 days old, the top-line center is the third-youngest player in NHL history with a four-point game. Anthony Cirelli had a goal and an assist for the Lightning, and Nikita Kucherov and Steven Stamkos also scored. Vincent Trocheck had a goal and two assists as the Rangers improved to 8-0-1 in the past nine games.

Persons: Connor Bedard, Kim Klement Neitzel, Chicago's Connor Bedard, Bedard, Tyler Johnson, Corey Perry, Kevin Korchinski, Nick Foligno, Philipp Kurashev, Petr Mrazek, Anthony Cirelli, Nikita Kucherov, Steven Stamkos, Mikhail Sergachev, Jonas Johansson, Bryan Rust, Sidney Crosby, Lars Eller, Jake Guentzel, Magnus Hellberg, Pittsburgh's Erik Karlsson, Carl Grundstrom, Adrian Kempe, Kevin Fiala, Pheonix Copley, Oliver Bjorkstrand, Jaden Schwartz, Matt Beniers, Adam Larsson, Vince Dunn, Philipp Grubauer, Nathan MacKinnon, Valeri Nichushkin, Bowen Byram, Ivan Prosvetov, Artturi Lehkonen, Jamie Oleksiak, Alexis Lafreniere, Vincent Trocheck, Artemi Panarin, of Famer Rod Gilbert, Blake Wheeler, Charlie Coyle, David Pastrnak, Trent Frederic, James van Riemdsyk, Brad Marchand, Linus Ullmark, Brock Nelson, Simon Holmstrom, Ilya Sorokin, Cole Caufield, Mike Matheson, Nick Suzuki, Matheson, Cayden Primeau, Christian Fischer, Compher, James Reimer, Elias Pettersson, Ilya Mikheyev, Casey DeSmith, Vancouver's J.T, Miller, Brock Boeser, Andrei Kuzmenko, Phillip Di Giuseppe, Drake Batherson, Artem Zub, Anton Forsberg, Kyle Connor, Mark Scheifele, Mason Appleton, Cole Perfetti, Brenden Dillon, Dylan DeMelo, Alex Iafallo, Laurent Brossoit, Filip Forsberg, Philip Tomasino, Tyson Barrie, Oskar Sundqvist, Robert Thomas, Louis, Joel Hofer, Lawson Crouse, Karel Vejmelka, Matt Duchene, Tyler Seguin, Jake Oettinger, Mason Marchment, Craig Smith, Jason Robertson, Nils Lundkvist, Boone Jenner, Kirill Marchenko, Spencer Martin, Mackenzie Blackwood, Tomas Hertl, Fabian Zetterlund, Filip Zadina, Darnell Nurse, Ryan Nugent, Hopkins, Stuart Skinner Organizations: Chicago Blackhawks, Tampa Bay Lightning, Amalie Arena, Blackhawks, Lightning, Chicago, NHL, Penguins, Pittsburgh, Los, Avalanche, Seattle, Colorado, Rangers, New York, Minnesota, of Famer, New, Bruins, Islanders, Boston, Canadiens, Red Wings, Montreal, Detroit, Canucks, Senators, Vancouver, Ottawa, Jets, Predators, Winnipeg, Nashville, Coyotes, Arizona, Blues, Blue Jackets, Dallas, Columbus, Stars, Sharks, Oilers, Jose, Edmonton, Philadelphia Flyers, Thomson Locations: Tampa , Florida, USA, Los Angeles, Colorado, Denver, New, York, New York, Detroit, St

☆ Campi Flegrei: Next door to Vesuvius, another Italian volcano is waking up
▼ + stars: | 2023-11-09 | by ( Barbie Nadeau | ) edition.cnn.com time to read: +13 min

The most dangerous volcanic threat in Italy right now is one you’ve probably never heard of: Campi Flegrei, or the Phlegraean Fields. The last major eruption of Campi Flegrei was in 1538, and it created a new mountain in the bay. So far in 2023 Campi Flegrei has recorded more than 3,450 earthquakes, 1,118 of which occurred in August alone. There are two hypotheses as to what could be causing the current increase in seismic activity at Campi Flegrei, according to De Natale. Vesuvius and the Campi Flegrei area.

Persons: Rome CNN —, Campi, Flegrei, Campi Flegrei, Carlo Doglioni, ”, ” Doglioni, What’s, Giuseppe De Natale, De Natale, ” De Natale, Ivan Romano, Benedetto De Vivo, ” De Vivo, Rosa Russo Iervolino, Luigi di Magistris, of Serapis, bradyseism, Christopher Kilburn, “, Stefano Carlino, ” Carlino, Salvatore Laporta, Natale, ” Natale Organizations: Rome CNN, National, of Geophysics, University of Naples, CNN, Geological Survey, Environment, volcanology, University College London Locations: Rome, Italy, Naples, Capri, Ischia, Pisciarelli, Vesuvius, Yellowstone, Long, California, Toba, Indonesia, Roman, Pozzuoli, Campi, L’Aquila, vulcanology

☆ Vatican rules some transgender people and babies of same-sex couples can be baptized
▼ + stars: | 2023-11-09 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

Rome CNN —A new ruling by the Vatican’s doctrine department has opened the door to Catholic baptism for transgender people and babies of same-sex couples. Regarding transgender people, the document says a person who identifies as transgender can be baptized like any other adult, “as long as there is no risk of causing scandal or disorientation” to other Catholics. Children who identify as transgender can also be baptized if “well prepared and willing,” it says. The document cites several sermons by Pope Francis for the ruling. In each circumstance, the priest is asked to use “pastoral prudence” in deciding whether to allow a transgender person’s participation.

Persons: Rome, Giuseppe Negri, Pope Francis, Evangelii Gaudium, ”, Francis DeBernardo, Pope Francis ’, ” DeBernardo Organizations: Rome CNN, New Ways Ministry, Catholic Locations: United States

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

☆ Italy, France and Germany agree on launches of Ariane 6 and Vega-C
▼ + stars: | 2023-11-06 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

A worker of Ariane Group stands in front of a Ariane 6 rocket's Vulcain 2.1 engine, prior to the visit of French President Emmanuel Macron, in Vernon, France January 12, 2021. Christophe Ena/Pool via REUTERS/File Photo Acquire Licensing RightsROME, Nov 6 (Reuters) - Italy, France and Germany on Monday have reached a deal underpinning future launches of the delayed Ariane 6 and Avio's (AVI.MI) smaller Vega-C rockets, Italy's industry minister said. The smaller Vega-C has been grounded since Dec. 22 after a failed launch. Italy has been campaigning for the rocket to be marketed separately from ArianeGroup subsidiary Arianespace, which currently sells and operates all major European launches. The three-way agreement was signed during a European Space Agency (ESA) ministerial meeting in Seville, Spain.

Persons: Emmanuel Macron, Christophe Ena, Safran, Urso, Arianespace, Josef Aschbacher, Giuseppe Fonte, Cristina Carlevaro, Federico Maccioni, Tim Hepher Organizations: Ariane, Rights, Airbus, Space Agency, ESA, Soyuz, Thomson Locations: Vernon, France, Italy, Germany, Europe, Vega, Milan, Avio, Seville, Spain, Ukraine

☆ Italy Weighs Ban on Technocrat-Led Government in Proposed Constitution Reform
▼ + stars: | 2023-11-03 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

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

☆ Italy Extends Border Controls With Slovenia Deeper Into November
▼ + stars: | 2023-11-02 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

ROME (Reuters) - Controls at the border between Italy and Slovenia will continue this month, Rome's parliament minister said on Thursday, and the government could decide to further extend their duration. Italy reinstated police checks at the border in its northeast as of Oct. 21 for an initial 10 days, suspending the free movement normally allowed within most of the European Union under the Schengen treaty. Last month, Italian Interior Minister Matteo Piantedosi said the border checks were likely to be extended into next year, citing the risk of terrorists among the migrants in transit on the Balkan route. Ciriani said 10 people had so far been arrested on charges of aiding and abetting illegal immigration as a result of the controls. (Reporting by Giuseppe Fonte; Writing by Angelo Amante; Editing by Keith Weir)

Persons: Luca Ciriani, Matteo Piantedosi, Ciriani, Giuseppe Fonte, Angelo Amante, Keith Weir Organizations: European Union, Hamas, Slovenian Locations: ROME, Italy, Slovenia, Israel, France, Belgium, Rome, Croatian, Italian

☆ Be cautious, dove Visco tells ECB on last day as council member
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +1 min

A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker/File Photo Acquire Licensing RightsROME, Oct 31 (Reuters) - The European Central Bank (ECB) should be cautious in coming months having hiked rates steeply to curb inflation, Bank of Italy Governor Ignazio Visco said on Tuesday on his last day in office. In a speech to bankers in Rome Visco, long seen as a dove on the ECB's governing council, reiterated his frequent calls for prudence. "I think the (ECB's) orientation to keep rates at current levels for a sufficiently long period of time... is a wise decision," Visco said. Visco will be replaced as Bank of Italy governor by Fabio Panetta, a former member of the ECB executive board.

Persons: Heiko Becker, Ignazio Visco, Rome Visco, Visco, Fabio Panetta, Giuseppe Fonte, Angelo Amante, Gavin Jones Organizations: European Central Bank, REUTERS, Rights, Bank of Italy, Bank of, ECB, Thomson Locations: Frankfurt, Germany, Rome, Bank of Italy

☆ Italy to Raise Taxes for Flat Owners Doing Multiple Short-Term Rentals
▼ + stars: | 2023-10-28 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +1 min

ROME (Reuters) - Italy's government plans to hike taxes on short-term rentals by people letting out more than one flat, a draft of the 2024 budget seen by Reuters showed on Saturday. The move comes in the wake of criticism of Airbnb and other short-term rental platforms for contributing to a shortage of affordable housing for residents in the most popular tourist destinations. Italian legislation allows owners to rent out their apartments and pay a tax rate of 21% on earnings. Prime Minister Giorgia Meloni intends to raise that band to 26% "in the case of the short-term rental of more than one apartment in each tax period," the draft showed. However, the government has scaled back its initial plans as previous drafts reported by Reuters envisaged increased taxation also applying to short-term rentals of single apartments.

Persons: Giorgia Meloni, Meloni, Giuseppe Fonte, Keith Weir Organizations: Reuters Locations: ROME

☆ Italy to raise taxes for flat owners doing multiple short-term rentals
▼ + stars: | 2023-10-28 | by ( ) www.reuters.com time to read: +1 min

ROME, Oct 28 (Reuters) - Italy's government plans to hike taxes on short-term rentals by people letting out more than one flat, a draft of the 2024 budget seen by Reuters showed on Saturday. The move comes in the wake of criticism of Airbnb (ABNB.O) and other short-term rental platforms for contributing to a shortage of affordable housing for residents in the most popular tourist destinations. Italian legislation allows owners to rent out their apartments and pay a tax rate of 21% on earnings. Prime Minister Giorgia Meloni intends to raise that band to 26% "in the case of the short-term rental of more than one apartment in each tax period," the draft showed. However, the government has scaled back its initial plans as previous drafts reported by Reuters envisaged increased taxation also applying to short-term rentals of single apartments.

Persons: Giorgia Meloni, Meloni, Giuseppe Fonte, Keith Weir Organizations: Reuters, Thomson

It didn’t really matter what the oil painting and antiques vendors hawked. “He had this project to build the largest collection in Italy,” said Giuseppe De Gregorio, a televendor near Naples who sold thousands of paintings to Mr. Berlusconi. “He didn’t want important paintings. He wanted paintings. It was enough if they were painted with oil on a canvas.”

Persons: Silvio Berlusconi, ”, Giuseppe De Gregorio, Berlusconi, “ Locations: Milan, Italy, Naples

☆ NHL roundup: Knights extend franchise-record perfect start
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +10 min

Paul Cotter and Ivan Barbashev also scored goals, Jack Eichel had two assists and Logan Thompson finished with 26 saves for the Golden Knights. Pheonix Copley made 24 saves in his second start as the Kings won for the third time in four games. Ryan Johansen scored twice, Rantanen had a goal and three assists and Cale Makar added a goal and two assists. Zemgus Girgensons added a goal for Buffalo, and Ukko-Pekka Luukkonen made 34 saves in his first start of the season. Blake Coleman scored for the Flames, who have lost three straight games.

Persons: Shea Theodore, Brayden McNabb, Stephen R, Paul Cotter, Ivan Barbashev, Jack Eichel, Logan Thompson, Noah Cates, Cam Atkinson, Carter Hart, Jeremy Swayman, Pavel Zacha, Matthew Poitras, Trent Frederic, Petr Mrazek, Kopitar, Trevor Lewis, Trevor Moore, Blake Lizotte, Kevin Fiala, Adrian Kempe, Pheonix Copley, Jack McBain, Nick Bjugstad, Clayton Keller, Phillip Di Giuseppe, Nils Hoglander, Thatcher Demko, Ilya Mikheyev, Colton Sissons, Kiefer Sherwood, Jordan Eberle, Eberle, Jared McCann, Jaden Schwartz, Tye Kartye, McCann, Dylan Larkin, Joe Veleno, Shayne Gostisbehere, Alex DeBrincat, Nathan Mackinnon, Bowen Byram, Mikko Rantanen, Ryan Johansen, Rantanen, Cale Makar, Ross Colton, Alexandar Georgiev, Cal Clutterbuck, Simon Holmstrom, Kyle Palmieri, Anders Lee, Noah Dobson, Jean, Gabriel Pageau, Ilya Sorokin, Anthony Stolarz, Carter Verhaeghe, Sam Reinhart, Kevin Stenlund, Fabian Zetterlund, Mackenzie, Jonas Johansson, Johansson, Alex Barre, Boulet, Nick Paul, Nikita Kucherov, Tage Thompson, Jeff Skinner, Alex Tuch, Casey Mittelstadt, Zemgus Girgensons, Pekka Luukkonen, Mathieu Joseph, Vladimir Tarasenko, Ottawa's Jakob Chychrun, Josh Norris, Anton Forsberg, Joonas Korpisalo, Ryan Hartman, Mats Zuccarello, Joel Eriksson Ek, Jake Middleton, Kirill Kaprizov, Filip Gustavsson, Warren Foegele, Evan Bouchard, Evander Kane, Jack Campbell, Connor McDavid, Morgan Rielly, Auston Matthews, John Tavares, William Nylander, Joseph Woll, Alex Ovechkin, Darcy Kuemper, Frank Vatrano, Anaheim's Ryan Strome, Brett Leason, Lukas Dostal, Adam Fantilli, Emil Bemstrom's, Jack Roslovic, Fantilli, Dostal, Jack Hughes, Tyler Toffoli's, Hughes, Jose's Patrick Marleau, Joe Thornton, Edmonton's Connor McDavid, Justin Barron, Mike Matheson, Cayden Primeau, Connor Hellebuyck, Louis, Kyle Connor, Mason Appleton, David Gustafsson, Morgan Barron, Pavel Buchnevich, Robert Thomas, Jordan Binnington, Erik Gustafsson, Igor Shesterkin, Alexis Lafreniere, Chris Kreider, Filip Chytil, Shesterkin, Blake Coleman, Jacob Markstrom, Jason Robertson, Thomas Harley, Evgenii Dadonov, Wyatt Johnston, Jake Oettinger, Bryan Rust, Alex Nedeljkovic Organizations: Vegas Golden Knights, Philadelphia Flyers, Mobile, NHL, Stanley, Golden Knights, Philadelphia, Bruins, Blackhawks, Chicago, Coyotes, Los Angeles, Los, Kings, Canucks, Predators, Vancouver, Nashville, Red Wings, Seattle, Detroit, Wings, Avalanche, Islanders, New, Cal, Panthers, Sharks, Hurricanes, Tampa Bay, Senators, Buffalo, Ottawa, Sabres, Oilers, Edmonton, Maple Leafs, Capitals, Toronto, Washington, Ducks, Blue Jackets, Columbus, Nationwide, . Blue Jackets, Canadiens, New Jersey, Montreal, New Jersey's, Jets, Blues, Winnipeg, St, Rangers, Flames, Penguins, Thomson Locations: Las Vegas , Nevada, USA, Las Vegas, Vegas, Boston, Arizona, Los Angeles, Colorado, New York, Florida, San Jose, Sunrise, Fla, Mackenzie Blackwood, Carolina, Minnesota, Anaheim, New, Calgary, Dallas, Pittsburgh

☆ Italy backs calls for tech firms to help fund EU telecoms networks
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +1 min

ROME, Oct 24 (Reuters) - Italy broadly supports proposals at European Union level to ensure that Big Tech firms partly finance telecoms infrastructure in the bloc, Industry Minister Adolfo Urso said in a statement on Tuesday. "All market players benefiting from the digital transformation must contribute fairly and proportionately to infrastructure costs," Urso said, intervening at an EU telecoms minister meeting in Leon, Spain. However, before introducing any legislation, the EU must carefully assess whether and to what extent network infrastructure is effectively overloaded by content and services generated by Big Tech firms, Urso added. Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and Telecom Italia (TIM) (TLIT.MI) term it fair-share funding, while Big Tech says it amounts to an internet tax. "Italy believes the EU Commission should carry out further assessment and more time is needed to evaluate the extent of the impact of traffic generated on the network infrastructure" Urso said.

Persons: Adolfo Urso, Urso, Thierry Breton, Giuseppe Fonte, Elvira Pollina, Keith Weir Organizations: European Union, Big Tech, Industry, Google, Facebook, Netflix, Microsoft, Deutsche Telekom, Telefonica, Telecom Italia, France Telecom, Reuters, Thomson Locations: Italy, Leon, Spain, Orange

☆ Italy picks UBS, Jefferies, Clifford Chance for MPS privatisation
▼ + stars: | 2023-10-20 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

People pass in front of a branch of Monte dei Paschi di Siena (MPS) bank in Siena, Italy, August 11 2021. REUTERS / Jennifer Lorenzini/File Photo Acquire Licensing RightsROME, Oct 20 (Reuters) - Italy's Treasury said on Friday it had picked UBS (UBSG.S) , Jefferies and Clifford Chance as financial and legal advisers for the privatisation of bailed-out bank Monte dei Paschi di Siena (MPS) (BMPS.MI). After a failed attempt to sell the Tuscan lender to larger peer UniCredit (CRDI.MI) in 2021, Italy agreed to Brussels' new privatisation terms that were never fully disclosed. However, Economy Minister Giancarlo Giorgetti said this week MPS could return to private hands by the end of next year. Both Giorgetti and Prime Minister Giorgia Meloni have said in recent months that the government would try to boost competition among Italy's banks with the privatisation of MPS.

Persons: Jennifer Lorenzini, Jefferies, Clifford Chance, Giancarlo Giorgetti, Giorgia Meloni, Gavin Jones, Richard Chang Organizations: REUTERS, Rights, Treasury, UBS, European Union, MPS, Banco, Reuters, Thomson Locations: Monte dei, Siena, Italy, Rome, Brussels

☆ Italy remains open to investment by Intel, rival chipmakers - minister
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +1 min

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsROME, Oct 19 (Reuters) - Italy remains open to a possible investment by Intel (INTC.O) in the country and would also welcome other chip makers, Industry Minister Adolfo Urso said on Wednesday. The minister said Italy had offered a state contribution to facilitate the Intel investment and the U.S. company had not asked for more. Intel last year announced it aimed to build an advanced packaging and assembly chip factory in Italy as part of a wider long-term investment plan to expand capacity across Europe. Reporting by Giuseppe Fonte Writing by Keith Weir, editing by Alvise ArmelliniOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Adolfo Urso, Giuseppe Fonte, Keith Weir, Alvise Organizations: REUTERS, Rights, Intel, Industry, U.S ., Thomson Locations: Italy, U.S, Europe

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