Italy - Factors to watch on Nov. 15

Digital Bros SpA

15/11/2023 05:00

The following factors could affect Italian markets on Wednesday.
    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
    A row between the Italian government and two of the
country's largest trade unions has erupted over a strike planned
on Friday against the 2024 national budget, with the transport
ministry saying it will curtail the protest.
    
    ECONOMY
    ISTAT releases October CPI final data (0900 GMT).
    Bank of Italy releases September data on public finances,
state borrowing and debt.
    
    COMPANIES
    BANKS
    A parliamentary committee has axed an amendment proposed by
Italian Prime Minister Giorgia Meloni's Brothers of Italy party
to protect borrowers if they fall behind in repaying
their bank debt.
    Italian Economy Minister Giancarlo Giorgetti evoked the risk
of a "default crisis" on Tuesday to justify allowing banks to
boost their reserves instead of paying a contested government
windfall tax.
    
    FINCANTIERI  FCT.MI  
    Announces Q3 results before bourse opening, followed by
conference call (0800 GMT)
    
    DIGITAL BROS  DIB.MI 
    The videogames company said it planned to cut around 30% of
its global workforce as part of an organisational review of its
development studios and publishing units. The plan will not have
a significant impact on the expected results for next year.  
    
    JUVENTUS  JUVE.MI 
    The club renewed the contract of Nicolo Fagioli until June
2028, the Serie A club said on Tuesday, after the Italian
Football Federation (FIGC) banned the midfielder for seven
months for breaching rules on betting on matches.
    
    DIARY
    Rome, 8th edition "Digital Italy Summit 2023: Building the
digital nation" ends (0800 GMT); expected attendees include
Leonardo  LDOF.MI  CEO Roberto Cingolani, Terna  TRN.MI  CEO
Giuseppina Di Foggia, Industry Minister Adolfo Urso; Vodafone
 VOD.L  Italian Chairman Pietro Guindani, Open Fiber CEO Mario
Rossetti.
    Milan, actuaries association congress "The global actuary
for a sustainable world: between tradition, innovation and
emerging risks" starts; ends on Nov. 17. On Wednesday video
messages by insurance supervisor IVASS President and Bank of
Italy Deputy Governor Luigi Federico Signorini, Labour Minister
Marina Calderone; expected attendees include insurers
association ANIA President Maria Bianca Farina.
    
    ((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/