European, U.S. Stocks Advance as Concerns Over Italian Bank Tax Cools
European and U.S. stocks rose on Wednesday as fears regarding Italy's new bank tax subside. This comes after the Italian government revealed that the newly introduced tax would be less impactful than what analysts had expected.
Banking stocks in Europe jumped 1.6%, thereby pushing the...
Uber Confirms Strategic Decisions on Italian and Israeli Markets
Uber offered insight into its latest strategic decisions on Thursday, revealing that it has decided to shut down its food delivery business in Italy while exiting the Israeli market entirely.
A company spokesperson explained that the decisions are "in line with our efforts to focus...
Italy Considers Lifting ChatGPT Ban if Company Addresses Concerns
Italy is considering allowing the return of ChatGPT in April should the technology's producer, OpenAI, take "useful steps" to address the concerns of the country's data protection watchdog, the Italian Data Protection Authority, the agency's chief Pasquale Stanzione confirmed in an interview on Tuesday.
"We are...
Italy Pledges to Assist IMF in Stabilizing Tunisia
Italy confirmed on Thursday that it is willing to inject fresh investments into Tunisia, helping to negotiate an International Monetary Fund bailout for the North African country in the process. This move is expected to help curb the growing volume of migrants entering Italy...
Italy Not Ready to Pass Euro Zone Bailout Fund Reform, Prime Minister Reveals
Italy's Prime Minister Giorgia Meloni announced on Wednesday that her government is not yet ready to ratify a reform for the euro zone's 500 billion euro ($526.15 billion) bailout fund as "further reflection" is required. Italy is the only European Union member who has...