Terna S.p.a.MIL: TRN

Italy - Factors to watch on July 16

· Issued by Terna S.p.a.

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 .

ECONOMY

ISTAT releases June CPI final data (0800 GMT) and May foreign trade data (0900 GMT).

COMPANIES

UNICREDIT MIL:UCG, BANCO BPM MIL:BAMI

Italy will invoke national security considerations in its reply to European Union authorities who have challenged the terms the government set to clear UniCredit's bid for smaller lender Banco BPM, the Economy Minister Giancarlo Giorgetti said on Tuesday, speaking to newspaper Corriere Adriatico.

BANCA POPOLARE DI SONDRIO MIL:BPSO

Scope ratings on Tuesday upgraded its rating on the northern Italian bank to BBB+ from BBB, and revised the outlook to stable from positive

(*) MEDIOBANCA MIL:MB

Two small Mediobanca investors, Gavio and Lucchini families, part of the bank's shareholder pact, sold on Tuesday shares worth a total of 0.03% in the merchant bank, three filings showed.

STELLANTIS MIL:STLAM

(*) The Franco-Italian automaker said on Wednesday it would discontinue its hydrogen fuel cell technology development programme and that it would no longer launch its new range of hydrogen-powered Pro One vehicles this year, whose production was scheduled to start in the summer.

(*) The carmaker will delay 2026 Dodge Hornet production in Italy to assess the effects of U.S. tariff policies, MF reported on Wednesday citing a company statement from Monday.

(*) WEBUILD MIL:WBD

The construction group said on Wednesday its U.S. unit Lane had been awarded a new $337 million project contract to widen and modernize the Interstate 85 in Gaston County, North Carolina, in the United States.

(*) LEONARDO MIL:LDO

The likelihood of a new country joining the British, Italian and Japanese project to develop a fighter jet is diminishing, said a BAE Systems executive, amid long-held speculation Saudi Arabia could become a fourth partner.

The project, called Global Combat Air Programme (GCAP), is being led by BAE Systems LSE:BA. in Britain, Leonardo in Italy and Mitsubishi Heavy Industries TSE:7011 in Japan.

TERNA MIL:TRN

The Italian electricity grid operator said on Tuesday it had successfully launched a first 6-year European Green bond issue for 750 million euros ($870.15 million)

LAZIO MIL:SSL

The Italian Serie A club issued a statement on Tuesday strongly denying reports and rumours that its owner Claudio Lotito was considering selling his majority stake.

TECNO GROUP MIL:TCG

Integrated digital for digital and sustainable transformation solutions company debuts on Euronext Growth Milan.

DIARY

Rome, trade union CISL's 20th congress starts (0900 GMT); ends on July 19. On Wednesday expected attendees include EU Commission Vice President Raffaele Fitto, European Parliament Vice President Pina Picierno, Foreign Minister Antonio Tajani, European Investment Bank (EIB) Vice President Gelsomina Vigliotti.

Rome, Italian Trade Agency (ICE) President Matteo Zoppas and ISTAT President Francesco Maria Chelli present 'ICE 2024/25 Report' and 'ISTAT-ICE 2025 Yearbook' with Foreign Minister Antonio Tajani and Industry Minister Adolfo Urso (1200 GMT).

Rome, business lobby Confindustria holds event "#NuclearFuture, sustainable energy for the development of the national energy mix" (0800 GMT); expected attendees include Environment and Energy Security Minister Gilberto Pichetto Fratin, Industry Minister Adolfo Urso, Energy and Sustainable Economic Development (ENEA) Director General Giorgio Graditi.

Rome, welfare institute INPS President Gabriele Fava presents annual report (0900 GMT).

((Milan newsroom, e-mail: ))

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 FTSE:ITLMS

  • FTSE Mib index
  • .FTMIB

FTSE Allstars index... FTSE:ITSTAR

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 indexFTSE:E3X DJ STOXX indexTVC:SXXP 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 JonesDJ:DJI Wall Street report Nikkei 225TVC:NI225 Tokyo report FTSE 100CURRENCYCOM:UK100 London report Xetra DAXXETR:DAX Frankfurt market stories CAC-40EURONEXT:PX1 Paris market stories World Indices(0#.INDEX) Reuters survey of world bourse outlook(EQUITYPOLL1) Western European IPO diary(WEUIPO) European Asset Allocation Reuters News at a Glance: Equities Main currency report:

($1 = 0.8619 euros)