Italy - Factors to watch on Oct. 16

Italian Exhibition SpA

16/10/2020 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 .
    
    POLITICS
    Italian Foreign Minister Luigi Di Maio accused Khalifa
Haftar's administration in eastern Libya of "unacceptable"
behaviour on Thursday for detaining 18 sailors who were seized
while fishing in the southern Mediterranean.  urn:newsml:reuters.com:*:nL8N2H65V1
    
    ECONOMY
    ISTAT releases September final CPI and HICP data (0800 GMT)
and ISTAT releases August foreign trade data (0900 GMT).
    Bank of Italy releases 'Economic Bulletin".
    
    COMPANIES
    
    LEONARDO  LDOF.MI 
    Leonardo said "conditions do not exist" for Alessandro
Profumo to step down as CEO after a court of first instance
ruling condemning him to a jail sentence in a case regarding his
previous role as Chairman of Monte dei Paschi di Siena.
 urn:newsml:reuters.com:*:nL8N2H66GP
    
    BANCO BPM  BAMI.MI 
    Italy's third-largest bank Banco BPM has agreed to share
confidential information with the local arm of Credit Agricole
to explore a potential tie-up, a source familiar with the matter
said on Thursday.  urn:newsml:reuters.com:*:nL8N2H614O
    
    MONTE DEI PASCHI DI SIENA  BMPS.MI 
    Italian Prime Minister Giuseppe Conte is expected to sign in
the next few days long-awaited measures paving the way for a
crucial bad loan clean-up at Monte dei Paschi and the sale of
the bank, two government sources said.  urn:newsml:reuters.com:*:nL8N2H669D
    The appointment of former Economy Minister Pier Carlo Padoan
as chairman designate of UniCredit would make it inappropriate
for the Italian bank to buy state-owned Monte Paschi, lawmakers
from Italy's co-ruling 5-Star Movement said.  urn:newsml:reuters.com:*:nL8N2H65EH
    
    ITALIAN EXHIBITION GROUP  IEG.MI  
    Italian Exhibition Group  a non-binding term sheet with
Bologna Fiere.  urn:newsml:reuters.com:*:nFWN2H60V9
    
    DIARY
    Talent Garden Italia ends conference "Next generation, The
Italian Innovation society" (0745 GMT); expected attendees on
Friday include Industry Vice Minister Stefano Buffagni, CRT
Foundation General Secretary Massimo Lapucci, Cisco  CSCO.O 
Italian unit CEO Agostino Santoni, Public Administration
Minister Fabiana Dadone, Edison  EDNn.MI  Vice Chairman Giovanni
Brianza, Terna  TRN.MI  representative Massimo Garri, Leonardo
 LDOF.MI  representative Roberto Cingolani.
    Rome, Chamber of Deputies Speaker Roberto Fico receives
Slovenian President Igor Zori (0800 GMT) and National
Anti-Corruption Authority President Giuseppe Busia (0930 GMT).
    Rome, Cabinet expected to meet to approve draft budgetary
plan (DBP).
    Rome, employers' association Confindustria Youth section
starts annual conference (1300 GMT); ends on Oct. 17. Expected
attendees on Friday include Confindustria Youth section
President Riccardo Di Stefano, University and Research Minister
Gaetano Manfredi, Fincantieri  FCT.MI  Chairman Giampiero
Massolo, Telecom Italia  TLIT.MI  (TIM) CEO Luigi Gubitosi,
Hermes  HRMS.PA  representative Luca Burrafato, Education
Minister Lucia Azzolina, Innovation Minister Paola Pisano.
    Rome, presentation of fifth report on "Agromafie and
Caporalato" with Agriculture Minister Teresa Bellanova, Interior
Vice Minister Matteo Mauri, Anti-mafia President Nicola Morra,
trade union CGIL Secretary General Maurizio Landini (0830 GMT).
    Genoa, Prime Minister Giuseppe Conte attends the Limes
Festival on "Europe and the West according to Italy" (1600 GMT).
    
    
    ((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/