Business
Italy - Factors to watch on June 10
Italy - Factors to watch on June 10
About this update from Terna S.p.a.
The following factors could affect Italian markets on Tuesday.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 .POLITICSLow voter turnout on Monday sank Italian opposition referendum proposals to ease citizenship laws and tighten job protection rules, with senior figures in the coalition of Prime Minister Giorgia Meloni saying the outcome boosted the government. ECONOMYISTAT releases April industrial output data (0800 GMT).COMPANIESSTELLANTIS MIL:STLAMThe carmaker has started a voluntary redundancy plan for 610 workers at its Mirafiori plant in Turin, Italy, after introducing the scheme at other Italian facilities, Stellantis said on Monday.TERNA MIL:TRNMoody's revised Italy's power network operator's outlook to positive from stable, due to its solid financial profile, and affirmed its rating at 'Baa2', the credit rating agency said on Monday. MEDIOBANCA MIL:MBTwo U.S. funds, California State Teachers' Retirement System, Florida State Board of Administration, will vote in favour of Italian merchant bank's bid for private bank Banca Generali MIL:BGN on June 16, they said on their website on Monday. According to a source close to the situation Praxis Investment Management will vote for the Mediobanca's bid. (*) SAFILO MIL:SFL The eyewear group reached an agreement with Kering EURONEXT:KER Eyewear for the sale of Italian sun lenses producer Lenti, Safilo said on Tuesday. DIARYRome, Economy Minister Giancarlo Giorgetti attends '2025 Accountants general annual meeting' (1100 GMT).Rome, Bank of Italy Financial Intelligence Unit for Italy (UIF) Director Enzo Serata presents annual report on the unit's activities in 2024 (0900 GMT); Economy Minister Giancarlo Giorgetti attends. Rome, accountants association holds general meeting "The chartered accountants: a strategic guide for the Country's challenges" (0800 GMT); expected attendees include Justice Deputy Minister Francesco Paolo Sisto, Economy Deputy Minister Maurizio Leo, EU Commission Vice President Raffaele Fitto, Foreign Minister Antonio Tajani, European Affairs and Natioanl recovery and Resilience Plan (NRRP) Minister Tommaso Foti, Economy Minister Giancarlo Giorgetti, Industry Minister Adolfo Urso, Justice Minister Carlo Nordio. Rome, Lazio regional administrative court (TAR) hold...