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Italy - Factors to watch on April 9
Italy - Factors to watch on April 9
About this update from Terna 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 .POLITICSItaly summoned the Israeli ambassador on Wednesday to demand an explanation over shots fired at an Italian convoy in a U.N. mission in Lebanon, the foreign minister said, warning Israeli forces had "no authority to touch" Rome's troops.ECONOMYThe EU should adopt more flexible rules to offset temporary negative effects from the Iran crisis, particularly on energy, Italian Economy Minister Giancarlo Giorgetti said on Wednesday after a meeting in Rome with EU industry chief Stephane Sejourne.DEBTTreasury sells 12-month BOT bills. Subscriptions close at 0900 GMT.The Treasury said on Wednesday it would sell up to 8 billion euros ($9.34 billion) in bonds at an April 10 auction.COMPANIESMONTE DEI PASCHI DI SIENA MIL:BMPSItaly's Treasury will not take part in the April 15 shareholder assembly that will pick the bank's new directors, sources told Reuters, in line with its stance of keeping out of the board renewal process. The Treasury retains a stake of nearly 5% in the bailed-out lender following its re-privatisation.(*) Major investor Gruppo Caltagirone has raised its stake to 13.5% from the 10.3% shown on its website as of March 24, through a 500 million euros investment, several newspapers reported on Thursday.(*) STELLANTIS MIL:STLAMThe partnership with Leapmotor HKEX:9863 could extend to production sites in Italy, including the Cassino plant in central Italy, daily la Repubblica said on Thursday after Reuters reported on Wednesday that the Franco-Italian automaker was in advanced talks with the Chinese partner to jointly develop an Opel-branded electric SUV in Spain.U.S. carmakers say rules under consideration by Brussels could keep full-size pickup trucks including the Ford F-150, the Chevy Silverado and the Ram 1500 off European roads, according to a letter seen by Reuters.(*) ENI MIL:ENI, ENEL MIL:ENEL, LEONARDO MIL:LDO, TERNA MIL:TRN, ENAV MIL:ENAVThe Italian government will publish its slates of candidates for the renewal of boards at state-controlled companies on Thursday, Corriere della Sera reported.(*) LEONARDOSeveral newspapers said on Thursday that Gian Piero Cutillo, managing director of the defence gr...