Italy - Factors to watch on May 2
The following factors could affect Italian markets on Thursday.
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 IT/DIA.
POLITICS
The Italian government approved an economic package on Tuesday focused on temporary tax breaks for firms that hire staff on open-ended contracts and a cash bonus of up to 100 euros for low earners.
Roberto Vannacci, an Italian army general who sparked outrage with a book disparaging LGBT people, migrants, minorities and feminists, and EU election candidate with the far-right League party, on Tuesday said woke policies and cancel culture had made Europeans ashamed of their roots.
ECONOMY
April PMI manufacturing HCOB data (0745 GMT).
ISTAT releases March producer prices data (0800 GMT).
Transport Ministry releases April car sales data (1600 GMT).
April state sector borrowing requirement data.
COMPANIES
LEONARDO LDOF.MI
The group's DRS DRS.O unit reported first quarter revenues of $688 million on Wednesday, up 21% year-on-year, while net earnings more than doubled to $29 million.
MFE-MEDIAFOREUROPE MFEB.MI, MFEA.MI
A proposal from the top investor in ProSiebenSat.1 PSMGn.DE to split off the German media group's e-commerce and online dating ventures from its TV operations narrowly failed to get the required shareholder backing on Tuesday.
(*) SAFILO SFLG.MI
The eyewear group said on Thursday it signed a perpetual license agreement with Authentic Brands Group, to oversee the entire value chain - including design, production and distribution - for David Beckham Eyewear. The deal substitutes the previous contract expiring at the end of 2030.
DIARY
Rome, King of Jordan Abdullah II Ibn Al Hussein meets Prime Minister Giorgia Meloni (0930 GMT) and Pope Francis (1035 GMT).
Ferrara, Industry Minister Adolfo Urso attends signing of the Memorandum of Understanding for energy efficiency at a petrochemical plant (1330 GMT).
Modena, "Motor Valley Fest" event starts; ends on May 5. On Thursday opening conference with Formula 1 Chairman and CEO Stefano Domenicali, Azimut AZMT.MI Chairwoman Giovanna Vitelli, Pirelli PIRC.MI CEO Andrea Casaluci; Industry Minister Adolfo Urso delivers closing remarks (0700 GMT).
For Italian market data and news, click on codes in
brackets:
20 biggest gainers (in percentage).............PG.MI
20 biggest losers (in percentage)..............PL.MI
FTSE IT allshare index .FTITLMS
FTSE Mib index........ .FTMIB
FTSE Allstars index... .FTSTAR
FTSE Mid Cap index.... .FTITMC
Block trades.......... .BLK.MI
Stories on Italy...... IT-LEN
For pan-European market data and news, click on codes in
brackets:
European Equities speed guide...................EUR/EQUITY
FTSEurofirst 300 index...............................FTEU3
DJ STOXX index.......................................STOXX
Top 10 STOXX sectors............................PGL.STOXXS
Top 10 EUROSTOXX sectors.......................PGL.STOXXES
Top 10 Eurofirst 300 sectors....................PGL.FTEU3S
Top 25 European pct gainers........................PG.PEUR
Top 25 European pct losers.........................PL.PEUR
Main stock markets:
Dow Jones................DJI Wall Street report ......N
Nikkei 225..............N225 Tokyo report.............T
FTSE 100................FTSE London report............L
Xetra DAX..............GDAXI Frankfurt market stories.F
CAC-40..................FCHI Paris market stories....PA
World Indices.....................................0#.INDEX
Reuters survey of world bourse outlook.........EQUITYPOLL1
Western European IPO diary..........................WEUIPO
European Asset Allocation........................EUR/ASSET
Reuters News at a Glance: Equities...............TOP/EQE
Main currency report:...............................FRX/
Mga Kaugnay na Asset
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