Italy - Factors to watch on Sept. 5
05/09/2022 05:00
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 .
POLITICS
Italy should not take on more debt to respond to the energy
crisis but it should be able to amend its European Union-backed
recovery programme to ease pressures, Brothers of Italy leader
Giorgia Meloni said on Sunday. urn:newsml:reuters.com:*:nL8N30B0CL
Meloni, set to lead a new Italian government with two
parties once close to Moscow, warned of the risk posed to
Western nations by Russia's invasion of Ukraine, calling it the
"tip of the iceberg" in a struggle for influence. urn:newsml:reuters.com:*:nL8N30B099
Italy's net energy import costs are set to more than double
this year to nearly 100 billion euros, economy minister Daniele
Franco said, warning Rome could not spend indefinitely to
cushion the blow on the economy. urn:newsml:reuters.com:*:nL1N30A0EM
...
ECONOMY
S&P Global releases August service and composite PMIs data
(0745 GMT).
COMPANIES
ATLANTIA ATL.MI
A buyout of Italian infrastructure group Atlantia by the
Benetton family and U.S. fund Blackstone Inc could be completed
by the end of the year, Atlantia's chairman said on Sunday.
urn:newsml:reuters.com:*:nL8N30B036
* TELECOM ITALIA TLIT.MI /OPEN FIBER
Italy wants a stronger national telecoms network, Innovation
Minister Vittorio Colao said on Saturday, adding this could be
achieved by merging Telecom Italia (TIM) and Open Fiber assets
as long as competition in the sector is maintained. urn:newsml:reuters.com:*:nL9N29D00I
* ENEL ENEI.MI
Italian utility Enel has no indication on when it can close
the sale of its Russian unit, CEO Francesco Starace said on
Saturday, adding prospective buyer Lukoil had sought the
necessary authorisation. urn:newsml:reuters.com:*:nL8N30A074
* GSE
Hacking group BlackCat was behind a recent attack on Italy's
state-owned energy services firm GSE, stole a massive amount of
data and threatened to publish if their demands were not met,
according to security researchers and documents seen by Reuters.
urn:newsml:reuters.com:*:nL4N30930H
* CNH Industrial CNHI.MI
The agricultural and construction machine maker said late on
Friday that John Lanaway had retired from its board with
immediate effect for health reasons.
Karen Linehan has been appointed as Lanaway's successor as
Chair of the Audit Committee.
A2A A2.MI
The utility has regularly payed the 40% advance payment
related to a windfall tax imposed on companies in the energy
sector and believes the amount will not need to be restated
chief executive Renato Mazzoncini said.
VALSOIA VALS.MI
The producer of plant-based food said it had signed a deal
with General Mills for the exclusive distribution in Italy of
the ice-cream brand Haagen-Dazs as of the start of 2023.
urn:newsml:reuters.com:*:nFWN3090L4
FERRARI RACE.MI
Red Bull's Max Verstappen won his home Dutch Grand Prix from
pole position for the second year in a row on Sunday and
stretched his Formula One lead to a massive 109 points.
George Russell finished second for Mercedes with Ferrari's
Charles Leclerc completing the podium at Zandvoort. urn:newsml:reuters.com:*:nL1N30B09W
JUVENTUS JUVE.MI , AS ROMA ASR.MI
Juventus and AS Roma are among eight clubs who have agreed
settlements with UEFA after failing to comply with break-even
requirements last season, European soccer's governing body said
on Friday. urn:newsml:reuters.com:*:nL4N3092UT
DIARY
Milan, "Gastech Conference" starts; ends on Sept. 8. On
Monday opening ceremony with Milan Mayor Giuseppe Sala, Lombardy
region Governor Attilio Fontana, Foreign Undersecretary Manlio
Di Stefano, Indian Minister of Petroleum and Natural Gas &
Housing and Urban Affairs Shri Hardeep Singh Puri, Egyptian
Minister of Petroleum and Mineral Resources Tarek El Molla,
Portuguese Secretary of State for Energy Joao Galamba (0800
GMT); expected attendees include at panel "Balancing near-term
energy supply and security imperatives with longer-term climate
goals" Woodside Energy WDS.AX CEO and Manager Director Mag
O'Neill, Sonatrach Chairman and CEO Toufik Hakkar (1015 GMT); at
panel "Facing up to the realities of a changed global energy
landscape: Safeguarding consumers against market volatility"
Uniper UN01.DE CEO Klaus-Dieter Maubach, ExxonMobil Senior
Vice President Upstream Oil & Gas Peter Clarke, Chevron CVX.N
Executive Vice President Oil Products and Gas Nigel Hearne (1345
GMT); at panel "The future of ESG in times of energy market
stress" Galp Energia GALP.LS Executive Vice President Energy
Management and Galp Trading Chairman and CEO Rodrigo Vilanova
(1430 GMT); at panel "Supporting European energy security
through gas flows: How are energy infrastructure operators
viewing the guarantee of supply in European markets?" Snam
SRG.MI CEO Stefano Venier (1430 GMT); at panel "Establishing a
certified market for low carbon LNG" Shell SHEL.L Executive
Vice President Energy Marketing Steve Hill (1500 GMT).
Merano, Economy Minister Daniele Franco attends ceremony for
the 50th anniversary of the second Statute of Autonomy (1500
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/