Italy - Factors to watch on October 31

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The following factors could affect Italian markets on Friday.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 .ECONOMYItaly narrowly avoided recession in the third quarter, data showed on Thursday, with gross domestic product stagnating following a marginal contraction in the second quarter, and underperforming most of its European peers.ISTAT releases October CPI flash data (1000 GMT).COMPANIES (*) BANKS, INSURERSItaly's Prime Minister Giorgia Meloni said on Thursday she did not expect any changes to the charges for banks and insurers in the government's 2026 budget, in an interview with public broadcaster RAI.STELLANTIS MIL:STLAMShares in the automaker closed down 8.9% on Thursday as the maker of Fiat, Peugeot and Jeep flagged one-off charges related to changes in regulation, strategy and products, adding to underlying investor concerns over a sector chip shortage.UNICREDIT MIL:UCGThe Italian bank said on Thursday the European Central Bank had confirmed the Pillar 2 capital requirement for 2026 at 200 basis points.BANCO BPM MIL:BAMIThe Italian third-largest bank said on Thursday ECB had confirmed its Pillar 2 requirement for 2026 at 2.25%. (*) Credit Agricole has no intention to sell its Italian assets and has ambitious plans for Italy, its deputy general manager Clotilde L'Angevin was quoted as saying by the Italian newspapers on Friday. TELECOM ITALIA (TIM) MIL:TITShares in the Italian phone group closed up 4.8% on Thursday after Reuters exclusively reported that Hong Kong conglomerate CK Hutchison HKEX:1 had been studying a potential tie-up of its Italian unit WindTre and the Italian operations of French telecoms group Iliad.(*) NEWPRINCES MIL:NWLThe Italian food and beverage group's British unit Princes Group is set to float at a valuation of 1.16 billion pounds ($1.56 billion) on Friday in one of London's largest initial public offerings this year, pricing its shares at the lower end of the marketed range in a sign of investor caution.CREDITO EMILIANO MIL:CEThe Italian bank said on Thursday the European Central Bank had set the Pillar 2 capital requirement for 2026 at 1.25%.ITALGAS MIL:IGShares in Italgas ended up 4.17% after Europe's biggest gas distributor presented on Thursday its updates business plan to 2031 which incl...

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