Italy - Factors to watch on Dec. 2
02/12/2021 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 .
GENERAL
Italy reported 103 coronavirus-related deaths on Wednesday
against 89 the day before, the health ministry said, while the
daily tally of new infections rose to 15,085 from
12,764. urn:newsml:reuters.com:*:nS8N2RE0JD
ECONOMY
ISTAT releases October unemployment data (0900 GMT).
Italy posted a state sector budget deficit of 9.7 billion
euros in November compared to a shortfall of 17.28 billion euros
in the same month last year, the Treasury said in a statement on
Wednesday. urn:newsml:reuters.com:*:nL8N2SM5C5
COMPANIES
UNICREDIT CRDI.MI
UniCredit is considering cutting around 3,000 jobs through
voluntary exits under a new strategic plan the Italian lender is
due to present on Dec. 9, two sources familiar with the matter
said on Wednesday. urn:newsml:reuters.com:*:nL8N2SM4WY
TELECOM ITALIA TLIT.MI
Italy's telecommunications unions are preparing to call a
strike at Telecom Italia amid uncertainty over the future of the
group caught between its latest boardroom crisis and a proposed
takeover by U.S. fund KKR. urn:newsml:reuters.com:*:nL8N2SM55S
Millennium International cut its Telecom Italia short
position to zero as of Nov. 30 from 0.91% on Nov. 29, data from
market regulator Consob showed.
STELLANTIS STLA.MI
Industry-wide new car sales in Italy fell 24.63%
year-on-year in November, the transport ministry said on
Wednesday. urn:newsml:reuters.com:*:nS8N2RE0JF
The Stellantis group held 34.8% of Italy's car market last
month, Reuters calculations showed.
BANCA MONTE DEI PASCHI BMPS.MI
Italy's Treasury is discussing with European Union
authorities the possibility of extending by more than two years
a 2021 deadline to cut Rome's 64% stake in ailing bank Monte dei
Paschi di Siena, two sources told Reuters. urn:newsml:reuters.com:*:nL8N2SM5G9
Fitch Ratings has affirmed Banca Monte dei Paschi di Siena's
ratings and removed them from Rating Watch Negative. It said in
a statement on Wednesday.
GEOX GEO.MI
Geox forecasts revenues rising 11% on average per year to
more than 800 million euros in 2024, helped by marketing
investments and expected growth in its digital sales channel,
the Italian shoemaker said in a statement on
Wednesday. urn:newsml:reuters.com:*:nL8N2SM5QC
'Investor day' to present 2022-2024 strategic plan in Milan
(1330 GMT).
A2A A2.MI
A2A and Ardian have extended the exclusivity period on their
envisaged partnership to March 31 from Dec. 31, the utility said
in a statement on Wednesday.
M&A, PIAGGIO AEROSPACE
Italy's Piaggio Aerospace, the maker of planes and drones
which filed for protection from creditors in late 2018, said on
Wednesday it had resumed talks with potential buyers after the
previous exclusive negotiations ran aground. urn:newsml:reuters.com:*:nL8N2SM5R6
DIARY
FeBAF holds "Rome Investment Forum 2021" online (0800 GMT).
EU Economy Commissioner Paolo Gentiloni, Economy Minister
Daniele Franco, Rome Mayor Roberto Gualtieri deliver opening
addresses; expected attendees include insurers' association ANIA
President Maria Bianca Farina, banking association ABI President
Antonio Patuelli, Open Fiber President Franco Bassanini,
UniCredit CRDI.MI Chairman Pier Carlo Padoan.
RCS Academy holds "Finance & Economy Talk" online (0845
GMT); panel "Banks as engines for growth" with Banco BPM
BAMI.MI CEO Giuseppe Castagna.
Business lobby Confindustria Fashion unit holds news
conference to present Q3 results for textile, fashion and
accessories sectors; Confindustria Moda President Cirillo
Marcolin presents analysis of the sector's future prospects and
main challenges to be faced (1330 GMT).
Rome, Cabinet holds meeting.
Rome, Senate holds question time with Industry Minister
Giancarlo Giorgetti (1400 GMT).
Rome, Chamber of Deputies Speaker Roberto Fico receives
Yemen Foreign and Expatriate Affairs Minister Ahmed Awad Bin
Mubarak (1130 GMT); Palestine Foreign and Expatriate Affairs
Minister Riad Malki (1630 GMT).
Rome, Industry Minister Giancarlo Giorgetti speaks before
Chamber of Deputies on Telecom Italia (TIM) (1300 GMT).
Rome, Industry Minister Giancarlo Giorgetti and
Undersecretary Anna Ascani meet with trade unions
representatives on telecommunications sector (1100 GMT).
Rome, "5G ITALY" ends; on Thursday expected attendees
include Industry Minister Giancarlo Giorgetti (1105 GMT).
Rome, "Forum Qualenergia" ends (0900 GMT); on Thursday
expected attendees include Stellantis STLA.MI Italian unit
e-mobility manager Federico Scopelliti, Infrastructure Minister
Enrico Giovannini.
((Milan newsroom, +39 02 6612 9507, fax +39 02 801149,
milan.newsroom@news.reuters.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/