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Italy - Factors to watch on Sept. 18

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's parliament on Wednesday approved a new law covering artificial intelligence, making it the first European Union country with comprehensive AI regulations aligned with the EU's landmark AI Act.

ECONOMY

Bank of Italy releases July data on foreign investors holdings of Italian government bonds.

(*) DEBT

Italy is likely to get a ratings boost from Fitch on Friday when the agency reviews the creditworthiness of the euro zone's third largest economy, analysts say, reflecting the country's political stability and improving public finances.

COMPANIES

UNICREDIT CRDI.MI

Bank's CEO Andrea Orcel on Wednesday named Poland, alongside Italy and Germany, as the countries where a merger or acquisition could most benefit the lender.

MEDIOBANCA MDBI.MI, MONTE PASCHI DI SIENA (MPS) BMPS.MI

The shareholder take-up in Monte Dei Paschi's bid for Mediobanca reached 62.9% at the end of the second day of reopening on Wednesday, according to bourse data.

(*) Mediobanca's directors will meet later on Thursday for the first time since MPS obtained a controlling stake with its cash-and-share offer. Alberto Nagel, along with the rest of the board, is poised to step down as chief executive of the merchant bank, sources have told Reuters.

(*) MPS has picked consultancy Korn Ferry to assist in finding Mediobanca's new top management, daily Il Sole 24 reported on Thursday.

MEDIA

Italy's advertising spending decreased by 4.4% in July, research agency Nielsen said on Wednesday.

ILLIMITY BANK ILTY.MI

Second of two days of suspension from trading before de-listing on Sept. 19.

LUXURY

Armani's economic value goes well beyond its stagnating fashion business and potential bidders are likely to take a close look at sales generated by fragrances and frames sold under the late designer's name, industry sources and analysts say.

(*) French luxury group Kering PRTP.PA has named Francesca Bellettini as chief executive of Gucci, replacing Stefano Cantino after only nine months at the Italian fashion brand.

DIARY

London, BofA Annual Financials CEO Conference. Poste Italiane CFO Camillo Greco scheduled to speak (1130 GMT).

((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/

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