Italy - Factors to watch on April 30

About this update from Infrastrutture Wireless Italiane S.p.a.

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 .ECONOMYISTAT releases Q1 GDP flash data (0800 GMT); March unemployment rate flash data (0830 GMT); April CPI flash data (0900 GMT).BANKSSmaller Italian banks have increased reliance on funding they raise abroad through online deposit platforms, the Bank of Italy said on Wednesday, as regulators step up monitoring of the practice.COMPANIES(*) STELLANTIS MIL:STLAMThe Franco-Italian car maker said on Thursday its adjusted operating income almost tripled in the first quarter of this year, beating estimates, supported by vehicles sales growth in all regions, especially in the key North American market.Conference call (1200 GMT).UNICREDIT MIL:UCGCEO Andrea Orcel said the process of the Italian bank's takeover of Commerzbank XETR:CBK is "unstoppable" and would prevail because the business logic is clear, according to an interview in Frankfurter Allgemeine Zeitung on Wednesday.(*) BANCO BPM MIL:BAMICredit Agricole EURONEXT:ACA recently increased its stake in Italy's third-largest Italian bank to 22.9%.(*) PRYSMIAN MIL:PRYThe Italian cable maker on Thursday reported a 14% rise in its first-quarter adjusted core profit year-on-year came in below expectations as it recorded a negative impact of 36 million euros from foreign exchange.Conference call (0630 GMT)PIRELLI MIL:PIRCThe Italian tyremaker signed a partnership deal on Wednesday with Swedish company Univrses and acquired 30% of the firm, with an option to reach a majority stake, to integrate AI-based computer vision technologies into its Cyber Tyre system, the companies said in a joint statement.FERRETTI MIL:YACHT(*) The Italian luxury yacht-maker is being held back by a "lack of industrial vision" and aversion to risk by its large Chinese shareholder, its chief executive told the Financial Times. Alberto Galassi said "management changes at Weichai have constrained decision-making at Ferretti and the lack of industrial vision is weighing negatively on the group.Proxy advisor Institutional Shareholder Services (ISS) has recommended that shareholders vote for the slate of candidates submitted by KKCG Maritime at the next general meeting as it "appears to be the best option for ...

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