Italy - Factors to watch on Dec. 1

Tinexta SpA

01/12/2022 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 .
    ECONOMY
    S&P Global releases November PMI manufacturing data (0845
GMT).
    ISTAT releases October unemployment rate data (0900 GMT).
    Transport Ministry releases November car sales data (1700
GMT).
    November state sector borrowing requirement data.
    COMPANIES
    JUVENTUS  JUVE.MI  
    The Serie A soccer club, facing scrutiny over its financial
accounts, said on Wednesday that it did not believe it had done
anything wrong and would defend its interests in all forums. The
club's main shareholder, Exor  EXOR.AS , said that the
loss-making club would not need a fresh cash injection.
    ENI  ENI.MI 
    Italian energy group is in preliminary talks to buy
private-equity backed gas-and-oil producer Neptune Energy for
around $5 billion -$6 billion, a source with knowledge of the
matter said on Wednesday, adding that no official bid had been
submitted.
    Plenitude, Eni's renewable energy unit, is expected to
announce a deal to buy wind and solar developer PLT Energia in
the coming days, two sources close to the matter said on
Wednesday. The deal could be worth more than 500 million euros
($515.00 million), one of the sources said.
    CNH  CNHI.MI 
    Exor CEO John Elkann said that moving from double to single
listing for CNH Industrial does not mean taking it private.
    TELECOM ITALIA  TLIT.MI  
    The Italian telecoms group said on Wednesday it was open to
dialogue with Italy's government on solutions for its fixed line
network assets, while assessing 'all strategic options'.
    ENERGY
    Italy is working with banks to unlock financing for a
Lukoil-owned refinery  LKOH.MM  in Sicily while also considering
direct state intervention to keep the Russian energy giant's
plant running, Industry Minister Adolfo Urso said on Wednesday.
    Italy's government and Finnish engineering group Wartsila
 WRT1V.HE  have signed an agreement to ensure production and
preserve jobs at the company's plant in the north-east of Italy,
the industry ministry said in a statement on Wednesday. 
    DIARY
    Rome, Infrastructure Minister Matteo Salvini speaks before
Chamber of Deputies Environment and Transport committees on
guidelines of his ministry (0930 GMT).
    Rome, Infrastructure and Transport Minister Matteo Salvini
speaks before Senate Environment Committee on policy lines of
his ministry (0700 GMT).
    Rome, Cabinet meeting expected on law decree on Ischia
island and possibly on extending arms supplies to Ukraine
throughout 2023.
    Rome, 5th edition "5G Italy: towards telecommunications of
the future" ends (0745 GMT); on Thursday expected attendees
include Industry Minister Adolfo Urso (0815 GMT); INWIT
 INWT.MI  Director General Diego Galli and European Affairs and
PNRR Minister Raffaele Fitto (0930 GMT); Cabinet representative
for Golden Power Bernardo Argiolas (1015 GMT); ZTE  000063.SZ 
Italian unit CEO Hu Kun (1210 GMT); Personal Data Protection
Supervisor member Agostino Ghiglia and member of Cabinet
European Data Protection Supervisor Anna Colaps (1400 GMT);
Infrastructure ministry representative Mario Nobile and state
railways Ferrovie dello Stato representative Roberto Tundo (1515
GMT); Markus Reinisch from Meta  META.O  (1650 GMT).
    Rome, "The coming recession" event in presence and online
(0900 GMT); expected attendees include banking association ABI
President Antonio Patuelli (0900 GMT); EU Economy Commissioner
Paolo Gentiloni gives speech "Challenges and prospects for
Europe" (0910 GMT); at panel "Economic policy: investment and
planning for the future" state lender Cassa Depositi e Prestiti
(CDP) CEO Dario Scannapieco, Acciaierie d'Italia Chairman Franco
Bernabè (1000 GMT); Economy Minister Giancarlo Giorgetti gives
speech "Priorities agenda"; at panel "Recovery: the Southern
Italy as a lever for development" with Invitalia CEO Bernardo
Mattarella (1030 GMT); at panel "Networks: where economic growth
goes" Terna  TRN.MI  CEO Stefano Antonio Donnarumma, Atlantia
 ATL.MI  Chairman Giampiero Massolo (1100 GMT).
        Rome, Health Minister Orazio Schillaci and Cabinet
Undersecretary for Information and Publishing Alberto Barachini
hold news conference to present communication campaign promoting
anti-flu and COVID vaccines (0900 GMT).
  
        Rome, Centro Economia Digitale presents report "Grow
together" with Industry Minister Adolfo Urso, EU Affairs, South
and PNRR Minister Raffaele Fitto, Dario Pagani from Eni
 ENI.MI , Enel  ENEI.MI  Italian Director Nicola Lanzetta, Open
Fiber CEO Mario Rossetti, Tinexta  TNXT.MI  CEO Pier Andrea
Chevallard, Enrico Savio from Leonardo, Claudio Ongaro from
Telecom Italia (TIM)  TLIT.MI  (1000 GMT).
  
    Milan, forum HR 2022 "Banks and human resources" starts
(0800 GMT); ends on Dec. 2. On Thursday banking association ABI
Director General Giovanni Sabatini delivers opening address
(0830 GMT); expected attendees include OECD representative
Stefano Scarpetta; at session "Welfare and wellbeing as a lever
of inclusion and gender equality" Cabinet representative Tiziana
Zannini (1100 GMT).
    Milan, conference "Renewability, the first renewable energy
community for companies" with Energy Authority ARERA
representative Massimo Ricci, national agency for technologies,
energy and environment ENEA representative Giovanni Puglisi
(1700 GMT).
    San Domenico di Fiesole, ECB board member Philip Lane gives
speech at European University Institute (EUI) an Banque de
France conference "Headwinds: upcoming macroeconomic risks"
(1645 GMT).
    Venice, Italy-Japan Business Group (IJBG) holds general
meeting with Industry Deputy Minister Valentino Valentini,
Foreign Undersecretary Maria Tripodi, Venice Mayor Luigi
Brugnaro, Foreign Trade Institute (ICE) President Carlo Ferro
(0800 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/