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Italy - Factors to watch on Sept. 10
Italy - Factors to watch on Sept. 10
About this update from Ferretti 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 .POLITICS(*) Poland scrambled its own and NATO air defences to shoot down drones in its airspace on Wednesday after a Russian air attack on Ukraine, marking the first time that Warsaw has got involved in the war in its neighbouring nation as it called the violation an act of aggression.ECONOMYISTAT releases July industrial output data (0800 GMT) and bulletin on the state of the economy in July and August (0900 GMT).DEBTTreasury sells 12-month BOT bills. Subscriptions close at 0900 GMT.COMPANIESENI MIL:ENIThe Italian energy group aims to supply the Far East market for liquefied natural gas through a joint venture it is setting up with Malaysia's Petronas, top executives at the Italian energy group said on Tuesday.Turkish state energy company BOTAS signed a three-year deal with Italy's ENI for a total of 1.5 bcm of LNG to be delivered to Turkey, Energy Minister Alparslan Bayraktar said on Tuesday.(*) IVECO GROUP MIL:IVGTata Motors NSE:TATAMOTORS is syndicating a 3.875 billion euro bridge loan to fund its proposed acquisition of the truck maker's commercial vehicle business, Bloomberg reported on Wednesday citing people familiar with the matter.LEONARDO MIL:LDOTalks between the Italian defence group, Airbus EURONEXT:AIR and Thales EURONEXT:HO are progressing on a merger of the companies' space divisions, Bloomberg reported on Tuesday adding that a plan to move forward could be announced as soon as this month. PIRELLI MIL:PIRCThe United States has intensified pressure on Italy in a over the tyremaker, warning, in a July letter to Rome, that a Chinese state-owned company as lead investor would likely conflict with U.S. rules on connected vehicles, Bloomberg reported on Tuesday, citing people familiar with the matter.FERRARI MIL:RACEThe Italian luxury sports car maker on Tuesday completed a refresh of its hybrid range with the new 849 Testarossa sportscar, a tribute to the famous original Testarossa model of the 1980s. The new vehicle will also be available in a retractable-top 'spider' version.(*) WEBUILD MIL:WBDEthiopia officially inaugurated Africa's largest hydroelectric dam on Tuesday, a project that will provide energy ...