Italy - Factors to watch on May 8

Eni SpA

08/05/2026 05:00

The following factors could affect Italian markets on Friday.

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.

DEBT

The Treasury said on Thursday it will sell 10 billion euros  ($11.77 billion) in 12-month BOT bills at an auction on May 12.

Treasury details sale of BTP bonds at auction on May 13.

Bank of Italy publishes April data on Target 2 liabilities and European Central Bank funding to Italian banks.

TRADE, POLITICS

U.S. President Donald Trump said he spoke with European Commission President Ursula von der Leyen on Thursday, adding that he would give the EU until July 4 to fulfil their side of the trade deal or U.S. tariffs on the bloc would jump to much higher levels.

COMPANIES

(*) STELLANTIS STLAM.MI

The automaker said on Friday it would expand its partnership with China's Leapmotor 9863.HK, through manufacturing cooperation in Europe.

     Major auto trade groups on Thursday urged the Trump administration to extend a free trade deal with Mexico and Canada, saying it was crucial for U.S. vehicle production as North America faces competition from Asia and Europe.

ENEL ENEI.MI

The Italian utility on Thursday reported a 3.6% rise in its first-quarter ordinary core profit, adding it was preparing to defend a lucrative power concession in the Brazilian city of Sao Paulo against the risk of revocation.

UNICREDIT CRDI.MI

Germany rejects hostile and aggressive takeovers in the banking sector, Chancellor Friedrich Merz said on Thursday at an event in Berlin, referring to UniCredit's bid for Germany's Commerzbank CBKG.DE.

(*) Commerzbank said on Friday that it plans to cut 3,000 jobs to help it reach more ambitious profit targets as part of a strategy to fend off the takeover by UniCredit.

TELECOM ITALIA (TIM) TLIT.MI

CEO Pietro Labriola said on Thursday it was too early to say whether a cash-and-share takeover bid from state-backed Poste Italiane PST.MI should be raised.

Any commercial tie‑up between Italian telecoms network operators Open Fiber and FiberCop would entitle the former phone monopoly to an additional payment of up to 75% of the benefits accruing to FiberCop from the deal, Labriola also said.

LEONARDO LDOF.MI

U.S. activist shareholder Guy Wyser-Pratt is demanding an investigation into the general assembly vote on Thursday that elected a new board for the Italian defence group, including government-backed candidates for the CEO and Chair positions, namely Lorenzo Mariani and Francesco Macri.

"Shareholders were given no opportunity to speak, ask questions, or engage with management or the board," Wyser-Pratt said in a statement. "This is not a shareholders' meeting. It is a formality, staged to ratify a predetermined outcome."

SAFILO SFLG.MI

The eyewear maker reported on Thursday an adjusted EBITDA margin of 13.6% in the first quarter of 2026, with revenues for 272.9 million euros.

ENI ENI.MI

The energy group's board of directors on Thursday confirmed Claudio Descalzi as Chief Executive Officer and appointed Giuseppina Di Foggia as chair.

The group is set to launch the first tranche of new share buyback program covering up to 5.1 million share or 0.2% of share capital.

Prime Minister Giorgia Meloni and Libyan counterpart Abdulhamid Dbeibah discussed on Thursday strengthening energy ties at a time when Italy is looking to diversify energy supplies due to the turmoil in the Gulf.

PIRELLI PIRC.MI

The premium tyremaker on Thursday slightly raised its revenues forecast for this year, saying it managed to contain the impact of the ongoing Middle East crisis through a series of "mitigation actions".

It also said it would present its next business plan in the first half of 2017 and that Italy's recent 'golden power' curbs on Chinese shareholder Sinochem 600579.SS had strengthened the company's independence and ensured U.S. regulation compliance.

TENARIS TENR.MI

The steel pipe maker on Thursday announced Gabriel Podskubka as its new CEO.

DIASORIN DIAS.MI

Releases Q1 results, followed by conference call (1500 GMT).

INTESA SANPAOLO ISP.MI

Releases Q1 results.

DIARY

Rome, U.S. Secretary of State Marco Rubio meets Italian Prime Minister Giorgia Meloni, Foreign Minister Antonio Tajani and Defence Minister Guido Crosetto.

Rome, ECB board member Piero Cipollone gives pre-recorded video interview at AsVis Sustainable Development Festival.

Milan, farming association Confagricoltura and Bocconi University hold event 'Agriculture, the future'; expected attendees at the public session Infrastructure and Transport Minister Matteo Salvini, Agriculture Minister Francesco Lollobrigida, Interior Minister Matteo Piantedosi, Environment and Energy Security Minister Gilberto Pichetto Fratin (to May 9).

((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/

($1 = 0.8496 euros)