Italy - Factors to watch on Aug. 28

Brunello Cucinelli SpA

28/08/2025 05:00

The following factors could affect Italian markets on Thursday.

Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).

For a complete list of diary events in Italy please click on IT/DIA.

POLITICS

Italy said some U.S. customs authorities have requested tariffs above the rate agreed with the European Union on imports such as Grana Padano and Parmigiano Reggiano cheeses, and that it was seeking guarantees the lower figure will be applied.

ENERGY

Italy will work on ways to permanently cut energy costs which weigh heavily on the economy, Prime Minister Giorgia Meloni said on Wednesday at a political conference in the beach town of Rimini.

ECONOMY

ISTAT releases August consumer and business confidence data (0800 GMT); June industry sales data (0900 GMT).

DEBT

Treasury sells 2.5-2.75 billion euros 2.70% BTP bonds due Oct. 1, 2030; 1.0-1.25 billion euros 3.65% BTP bonds due Aug. 1, 2035; 1.75-2.0 billion euros 3.60% BTP bonds due Oct. 1, 2035; 1.5-2.0 billion euros CCTeu bonds due April 15, 2034. Subscriptions close at 0900 GMT.

COMPANIES

MFE-MEDIA FOR EUROPE MFEB.MI

MediaForEurope (MFE) is set to take control of ProSiebenSat.1 PSMGn.DE after Czech investment group PPF on Wednesday said it would sell its stake in the German broadcaster to MFE.

(*) STELLANTIS STLAM.MI

The automaker's registrations in the European Union, Britain and the European Free Trade Association fell 1.1% in July while the overall market rose 5.9%, European Automobile Manufacturers Association (ACEA) data showed on Thursday.

The automaker on Wednesday reached a deal with unions to cut working hours at its Pomigliano plant in southern Italy as market conditions weaken, similar to the deal signed for Termoli, another Italian plant, on Monday.

Another reduced working hours deal is expected to be signed on Thursday for the Mirafiori plant in northern Turin, Corriere della Sera daily reported. According to the CGIL trade union, reduced work hours measures affect about 62% of Stellantis workers in Italy.

(*) LISTED COMPANIES, BANKS

The Italian government is considering introducing a tax on the share buybacks of listed companies, including banks, as well as raising funds from banks by changing the terms for tax credits known as deferred tax assets or DTA that banks use to lower their payments, several newspaper reported on Thursday.

(*) MONTE DEI PASCHI (MPS) BMPS.MI, MEDIOBANCA MDBI.MI

The Italian lender's board members have been warned of a possible board meeting in early September to approve a raise of the takeover bid for Mediobanca.

JUVENTUS JUVE.MI

The Turin club said on Wednesday it had sold Portuguese defender Tiago Djalo to Turkey's Besiktas for 3.5 million euros.

BRUNELLO CUCINELLI BCU.MI

Releases detailed first half results (preliminary H1 results released on July 10), followed by conference call (1600 GMT).

Milan Stock Exchange After Hours market closed.

DIARY

Rome, cabinet meeting (1300 GMT)

Ceglie Messapica, "La Piazza" politics festival starts; ends on Aug. 30. On Thursday expected attendees include Infrastructure and Transport Minister Matteo Salvini, Foreign Minister Antonio Tajani, Civil Protection Minister Nello Musumeci, Cabinet Undersecretary Alessandro Morelli.

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))

For Italian market data and news, click on codes in
brackets:

20 biggest gainers (in percentage).............PG.MI

20 biggest losers (in percentage)..............PL.MI

FTSE IT allshare index .FTITLMS

FTSE Mib index........ .FTMIB

FTSE Allstars index... .FTSTAR

FTSE Mid Cap index.... .FTITMC

Block trades.......... .BLK.MI

Stories on Italy...... IT-LEN

For pan-European market data and news, click on codes in
 brackets:

  European Equities speed guide...................EUR/EQUITY

  FTSEurofirst 300 index...............................FTEU3

  DJ STOXX index.......................................STOXX

  Top 10 STOXX sectors............................PGL.STOXXS

  Top 10 EUROSTOXX sectors.......................PGL.STOXXES

  Top 10 Eurofirst 300 sectors....................PGL.FTEU3S

  Top 25 European pct gainers........................PG.PEUR

  Top 25 European pct losers.........................PL.PEUR

  Main stock markets:

  Dow Jones................DJI  Wall Street report ......N

  Nikkei 225..............N225  Tokyo report.............T

  FTSE 100................FTSE  London report............L

  Xetra DAX..............GDAXI  Frankfurt market stories.F

  CAC-40..................FCHI  Paris market stories....PA

  World Indices.....................................0#.INDEX

  Reuters survey of world bourse outlook.........EQUITYPOLL1

  Western European IPO diary..........................WEUIPO

  European Asset Allocation........................EUR/ASSET

  Reuters News at a Glance: Equities...............TOP/EQE

  Main currency report:...............................FRX/