Tag: Finance
ECB: The richest 5% of families own 46% of total net wealth
(Finance) – “The five percent of the richest Italian families own approximately 46 percent of total net wealth”. This is what we read in the analysis of Bank of Italy…
Italian Design Brands buys its own shares
(Finance) – Italian Design Brandsa diversified industrial group among the Italian leaders in design, lighting and furniture, announced that it has purchased on Euronext Milan, as part of the authorization…
UniCredit: the new SACE Future Guarantee is operational to support Italian businesses
(Finance) – Unicredit and Sace have strengthened their partnership existing by signing a further agreement which allows the bank to immediately make the new measure available to businesses, thus strengthening…
Rinascente, turnover exceeds 1 billion euros in 2023
(Finance) – Renaissance has registered for the first time a turnover exceeding 1 billion euros in 2023up 16% compared to the previous year and 14% on the 2019 results. All…
Photovoltaic, GreenIT-Galileo agreement for the development of 8 projects
(Finance) – GreenIT, the Italian joint venture born in 2021, 51% owned by Plenitude (Company controlled by ENI) and 49% from CDP Equity (CDP Group) and active in the production…
Shell, writedowns of up to $4.5 billion in the fourth quarter
(Finance) – The oil company Shell has reported impairment charges of approximately $2.5 billion to $4.5 billion for the fourth quarter of 2023, mainly linked to the chemical and refining…
Pandora, 2023 results exceed expectations
(Finance) – Pandoraa Danish jewelry manufacturing and distribution company, announced that “after a strong close to 2023” with double-digit organic growth in the fourth quarter and solid profitability, the preliminary…
Constellation Brands confirms EPS guidance after quarterly results
(Finance) – Constellation Brandsan American group active in the alcoholic beverages sector, closed the third quarter of fiscal year 2024 with a EPS of $2.76 and a Comparable EPS of…
Coca cola: stop to the commercial with Chiara Ferragni. The decision after the Balocco case
(Finance) – “We worked with Chiara in Italy in 2023, also for some filming held last December. We do not currently plan to use this content“. This is the position…
Inflation is still slowing down (but here’s how much it cost us in 2023)
(Finance) – Nel In 2023, on average, consumer prices recorded growth of 5.7%, a marked slowdown from 8.1% in 2022. This is what emerges from Istat’s preliminary estimates which indicate…