Business
Italy - Factors to watch on February 18
Italy - Factors to watch on February 18
About this update from Banco Bpm Spa
The following factors could affect Italian markets on Wednesday.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's opposition groups criticised a government plan to attend the inaugural meeting of U.S. President Donald Trump's Board of Peace this week, saying on Tuesday that the body undermined the United Nations and ran counter to international law.ECONOMYItalian banks should help the government fund a package of measures aimed at cutting energy bills, Deputy Prime Minister Matteo Salvini said on Tuesday.COMPANIESBANCA MONTE DEI PASCHI DI SIENA MIL:BMPS, MEDIOBANCA MIL:MBThe Italian lender will take full control of Mediobanca and delist it while preserving its brand, ending weeks of uncertainty over the future of the merchant bank.(*) ENI MIL:ENI The Italian energy major is weighing a return to oil and gas trading as it seeks the outsized returns enjoyed by BP LSE:BP., Shell LSE:SHEL and TotalEnergies EURONEXT:TTE as geopolitical tensions fuel energy price volatility, CEO Claudio Descalzi told the Financial Times in an interview published on Wednesday.BANCO BPM MIL:BAMIThe European Central Bank has given its green light to proposed changes to Banco BPM's bylaws, the Italian lender said on Tuesday, a decision that will increase the number of seats reserved for minority shareholders and could potentially strengthen the presence of France's Crédit Agricole EURONEXT:ACA on Banco BPM's board.(*) Credit Agricole, Banco BPM's largest shareholder with a 20.1% stake, has decided to put forward its own minority slate of board candidates, daily Il Messaggero reported on Wednesday, adding that the Italian asset manager association Assogestioni may also submit its own list.(*) EDISON MIL:EDNRThe Italian unit of French nuclear operator EDF aims to lift its core earnings to 1.7-1.9 billion euros by 2030 as it rolls out renewables and develops green gases, the utility said on Wednesday. It reported a 2025 core profit of 1.31 billion euros ($1.55 billion), down from 1.71 billion euros in 2024 but in line with its guidance.A conference call on full-year results is scheduled for 0800 GMT. (*) SNAM MIL:SRG Goldman Sachs on Wednesday raised the gas grid operator's rating to 'buy' from 'neutral'. RECORDATI MIL:RECThe Italian drug maker ...