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TI.A - Telecom Italia SpA News Story

$5.21 0.0  0.0%

Last Trade - 05/07/19

Sector
Telecoms
Size
Large Cap
Market Cap £6.99bn
Enterprise Value £30.26bn
Revenue £13.33bn
Position in Universe th / 7247

Italy - Factors to watch on Sept. 6

Mon 6th September, 2021 5:00am
The following factors could affect Italian markets on Monday.
    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 49 coronavirus-related deaths on Sunday, down
from 56 the previous day, while the daily tally of new
infections decreased to 5,315 from 6,157, the health ministry
said.  urn:newsml:reuters.com:*:nL8N2Q70BY
    
    ECONOMY
    Italy's economy could grow this year by more than 5.8% and
post better than estimated deficit and debt ratios, Economy
Minister Daniele Franco said on Sunday.  urn:newsml:reuters.com:*:nL1N2Q7063
    
    POLITICS
    The number of candidates in local elections to be held next
month is the largest in years, with 22 candidates for mayor of
Rome and 13 in Milan, which is expected to cause confusion among
voters, La Repubblica reported.
    A new poll says 69% of Italians think Prime Minister Mario
Draghi is doing a good job, including his handling of the
COVID-19 pandemic. About 64% think vaccines should be obligatory
for all and 78% are in favour of a "Green Pass", according to La
Repubblica.
    
    DEBT
    Treasury announces sale of 12-month BOT bills, with relative
amounts to be auctioned on Sept. 9.
    
    COMPANIES
    TELECOM ITALIA  TLIT.MI 
    Telecom Italia does not believe the idea of combining its
fixed network assets with those of state-backed rival Open Fiber
has been shelved, Chief Executive Luigi Gubitosi said on
Saturday.  urn:newsml:reuters.com:*:nL1N2Q60A0
    Telecom Italia will submit an expression of interest to
create a national cloud hub in Italy with three partners,
including defence group Leonardo  LDOF.MI  and state lender CDP,
Chief Executive Luigi Gubitosi said on Saturday.  urn:newsml:reuters.com:*:nL1N2Q608F
    Telecom Italia CEO said on Saturday that sales of the
group's cloud business were growing at around 20%.  urn:newsml:reuters.com:*:nL8N2Q608O
    
    UNICREDIT  CRDI.MI , MONTE DEI PASCHI  BMPS.MI 
    Italy's Banca Monte dei Paschi is a "huge problem", the head
of the right-wing League party said on Sunday, voicing concerns
over a potential sale of the Tuscan bank to bigger rival
UniCredit.  urn:newsml:reuters.com:*:nL8N2Q702H
    
    ENEL  ENEI.MI 
    Italian utility Enel will to look at the possibility of
entering India's power distribution system as the country moves
to reform the power sector, Chief Executive Francesco Starace
said on Saturday.  urn:newsml:reuters.com:*:nL8N2Q606M
    
    LEONARDO  LDOF.MI  
    The Italian state-controlled defence group still aims to
list its U.S. unit DRS, when the right market conditions are in
place, Chief Executive Alessandro Profumo said on Friday.
 urn:newsml:reuters.com:*:nL8N2Q53J3
    
    GENERALI  GASI.MI 
    Businessman Francesco Gaetano Caltagirone has raised his
holding by 0.2% to about 5.8% between Aug. 31 and Spet. 2,
Italy's largest insurer said on Friday in a regulatory filing. 
    
    CERVED  CERV.MI 
    Fintech group ION's vehicle Castor Bidco said on Friday it
would bump its offer for credit analysis and management company
Cerved Group to 2.05 billion euros ($2.44 billion), if it buys
out more than 90% of the Italian company. urn:newsml:reuters.com:*:nL4N2Q538F
    
    LUXURY SECTOR
    Changes in China's internal markets and the prospects of
tariffs can affects Italy's luxury goods sector, La Repubblica
reported.
    
    FOOD SECTOR
    A study by farmers group Coldiretti shows that Britain's
departure from the European Union has sparked a plummeting of
Italian food exports to the UK, with pasta falling 28%, La
Stampa reported.
    
    DIARY
    OECD holds online news conference to present economic survey
on Italy in 2021 with Secretary General Mathias Cormann, Chief
Economist Laurence Boone, Italian Economy Minister Daniele
Franco (1300 GMT).
    Rome, G20 ends "Health Ministers' Meeting".
    Milan, Industry Minister Giancarlo Giorgetti attends "Salone
del Mobile" (0730 GMT).
    Rome, Chamber of Deputies reconvenes; holds general
discussion on "Green Pass" law decree (0800 GMT).
    Rome, Lazio regional administrative court holds hearing on
Apple  AAPL.O  and Amazon  AMZN.O  groups appeals against
investigation by Antitrust authority for alleged agreement
restricting competition.
        
    
    ((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/
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