News

Business Contracts, on 15 and 16 December in Cagliari, the International Business Exchange of Italian-Arab Companies, the Italian-Arab Cooperation Chamber

Sardinia, after the Marches, will host the next edition of the Italo Arabian International Business Exchange. The appointment is in Cagliari on Friday 15 December (4.30 pm, opening conference at the Conference Hall of the Sardinia Foundation) and Saturday 16 December (from 9 am to 7 pm for seminars and business meetings between Italian and Arab companies in the prestigious setting of the Villa Atzeri). Now in its fifth edition, the event, with its mixed model of BtoB meetings (export and incoming) and thematic seminars, has become a national model within a few years. Indeed, there are numerous Regions that have...

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Banking and Financial, Market initiatives, Borsa Italiana launches futures on the Mid Cap index

Starting Monday 4 December, the Italian derivatives market (IDEM) of Borsa Italiana further extends its product range with the admission to trading of the FTSE Italia PIR Mid Cap Futures. These new products respond to the growing demand from international trading companies and asset managers to access an efficient financial instrument that allows for directional trading and coverage in the segment of Italian Mid Cap stocks, which is growing rapidly following the introduction of the Personal Savings Plan (PIR) law. The new futures contract is based on the FTSE Italia PIR Mid Cap Total Return index, not only a benchmark for exchange...

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Industry 4.0 and digital economy, Important Italian presence at Tunisia investment forum, November 21, 2017

TUNISIA - Nearly 100 Italian economic operators active in various sectors, including mechatronics, who participated in the Tunisia Investment Forum, the event organized last week by the Foreign Investment Promotion Agency and which is the main international meeting dedicated to investment in Tunisia. To report it is the newsletter of Farnesina's economic diplomacy, from which it is learned that around 1,200 operators from over 40 countries participated in the Forum. This year's event was devoted to the opportunities offered by the new Investment Act which came into force in April, following the international conference "Tunisia 2020" organized last year and the deepening...

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Maritime transport, MSC awarded 5 stars “DNV GL EXCELLENCE” for ship management

MSC Mediterranean Shipping Company, a leader in global transportation, has received the highest certification for vessel management systems, safety, environment and efficiency. In earning the 5 Star DNV GL Excellence rating, MSC joins a select group of shipping lines which have been commended for their exceptional implementation of international standards. “I would like to thank our ship management companies in Cyprus and Sorrento for their excellent work and congratulate them for this prestigious commendation. MSC’s modern, holistic approach to applying international standards on quality, safety and environmental compliance sets us apart as a responsible, sustainable business,” said Diego Aponte, President and CEO...

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Ambassador Cantini: Egypt great opportunity for Italian businesses, November 17, 2017

The Ambassador reaffirmed "Italy's interest in bringing relations with Egypt back on their course". During the meeting, Qabil and Cantini spoke of "the future of economic relations between the two countries and ways to strengthen the peculiar cooperation on investment and trade in the framework of the strategic partnership between Egypt and Italy". Cantini recalled that "the Italian government contributes to the development of a whole series of industrial projects in Egypt," citing the possibility of organizing a mission of Italian entrepreneurs in Egypt early next year to illustrate investment opportunities in the sectors energy, recycling, skins, furnishings, clothing, the food...

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Banking and Financial, AIM Italia reaches 90 companies: Equita Group debuts today, November 23, 2017

Equita Group, an independent company, active in brokerage, investment banking and alternative asset management, is today part of AIM Italia. This is the 21st year of the year on the market dedicated to small and medium-sized companies, rising to 90 listed companies. At the time of the placement, the company raised 45.2 million euros, with a float at the time of admission of 42.5%. Mediobanca is Nomad, Global Coordinator and Operations Specialist. From tomorrow Equita Group will also be included in the basket of the FTSE AIM Italia index. Source Borsa Italiana...

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Pmi at the most since 2000

According to the preliminary reading of November, the Eurozone's Pmi manufacturing index stood at 60 points, up from 58.5 points in October and beyond analysts' expectations for 58.2 points. For the indicator it is the best result of the last 211 months, only exceeded once in April 2000 since the survey was conducted (June 1997). The fastest growth in manufacturing has been accompanied by a greater expansion of the service sector, which has risen to record since May, recording one of the highest expansion values ​​in the last six and a half years. The Pmi Services Index stood at 56.2...

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Recovery Italian industry, Industrial Scenarios Report: Today’s China and US industry remains at the top of industrialized countries with unchanged world-wide added value at 29.5% and 19.0% respectively. The 7th position of Italy was also stable with a constant 2.3% share

China and the United States remain at the top of the industrialized countries' ranking with unchanged world value added shares at 29.5% and 19.0%, respectively. The 7th position of Italy is also stable with a constant 2.3%, the second highest European position behind Germany, to 5th place. This is what emerges from the Industrial Scenario Report of the Confindustria Studies Center, presented in Rome at a seminar attended by the President of Confindustria Vincenzo Boccia and the Minister for Economic Development Carlo Calenda. After a biennium of weakness, world trade has risen to good rhythms at the end of 2016: this...

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Competition, Agreements, Yen interest rate derivatives sector, Article 101 TFEU and Article 53 of the EEA Agreement, Judgment of the general Court (Second Chamber, Extended Composition) 10 November 2017

(Competition — Agreements, decisions and concerted practices — Yen interest rate derivatives sector — Decision finding six infringements of Article 101 TFEU and Article 53 of the EEA Agreement — Manipulation of the JPY LIBOR and Euroyen TIBOR interbank reference rates — Restriction of competition by object — Participation of a broker in the infringements — ‘Hybrid’ settlement procedure — Principle of the presumption of innocence — Principle of sound administration — Fines — Basic amount — Exceptional adjustment — Article 23(2) of Regulation (EC) No 1/2003 — Obligation to state reasons) In Case T 180/15, omitted applicants, v European Commission, represented by ….., acting as Agents, defendant, ACTION brought under Article 263 TFEU for annulment of Commission Decision C(2015) 432 final of 4 February 2015 relating to proceedings...

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