Chiara Albanese

2 weeks ago | bloomberg.com | Chiara Albanese

(Bloomberg) -- Pirelli & C. SpA’s biggest shareholder, Sinochem International Corp., escalated a clash among the Italian tiremaker’s owners by voting against the approval of last year’s financial results. The Chinese group was the only shareholder that didn’t approve the 2024 report at a meeting in Milan on Thursday, according to a press release. The annual report was approved at the shareholder meeting with 57% of the votes.

2 weeks ago | bloomberg.com | Flavia Rotondi |Chiara Albanese

In unmittelbarer Nähe zum Petersplatz im Vatikan wachen Jean-Baptiste Douville de Franssu, ein früherer Manager der Fondsgesellschaft Invesco, und Gian Franco Mammì über ein Vermögen von 5,7 Milliarden Euro. Sie führen eine der exklusivsten Banken der Welt. Im Vergleich zu den Billionenbeträgen, die Finanzriesen in London oder New York bewegen, ist das nur ein Bruchteil.

2 weeks ago | bloomberg.com | Flavia Rotondi |Chiara Albanese

Pope Leo XIV Photographer: Alessia Pierdomenico/Bloomberg(Bloomberg) -- From offices just off St. Peter’s Square in the Vatican, Jean-Baptiste Douville de Franssu, a former executive at the money-management firm Invesco Ltd., and Gian Franco Mammì watch over €5.7 billion ($6.5 billion) at one of the world’s most-exclusive banks. It’s a pittance compared with the trillions shuffled around by the Goliaths in London or New York.

3 weeks ago | bloomberg.com | Chiara Albanese

Mount Etna erupts in Catania, Italy, on June 2. (Bloomberg) -- Italy’s Mount Etna erupted Monday, setting off large clouds of smoke and causing tourists to seek shelter. The country’s National Institute of Geophysics and Volcanology reported volcanic activity of high intensity, which it said had also caused the collapse of part of the volcano’s crater. Lava fountains were seen and intense tremors were felt around the area.

1 month ago | news.bloombergtax.com | Chiara Albanese |Alessandra Migliaccio

Italy is set to keep the strict conditions it imposed on UniCredit SpA to take over rival lender Banco BPM SpA, even if the bidder starts a legal battle to ease those terms. Prime Minister Giorgia Meloni’s government is not planning to soften wide-ranging conditions imposed on the potential purchase even if UniCredit proceeds with an appeal at the country’s administrative court, according to government officials, who asked not to be named.