Italy - Factors to watch on July 22
The following factors could affect Italian markets on Monday.
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.
DEBT
Treasury announces sale of BTP Short and BTPei bonds, with relative amounts to be auctioned on July 25.
COMPANIES
ENI ENI.MI
ENI CEO Claudio Descalzi met Congo Republic President Denis Sassou Nguesso in Brazzaville on Saturday, the company said.
Descalzi set out the successful launch of the Congo LNG project. With the second phase of the project, which will start at the end of 2025, gas exports from Congo will rise to 4.5 billion cubic metres per year.
They also discussed agri-feedstock production projects for biorefining under way in the country.
Descalzi had met Nigeria's President Bola Tinubu on Friday to discuss new initiatives focused on energy transition, signalling a potential breakthrough in a long dispute over the OPL 245 oilfield.
FINECOBANK FBK.MI
Swiss insurer Zurich Insurance Group ZURN.S is studying a potential deal for Italy's FinecoBank FBK.MI, daily Il Messaggero reported on Saturday. Should Zurich decide to go ahead, KKR KKR.N and Advent International could form part of a consortium, the report added.
STELLANTIS STLAM.MI
The automaker paid $190.7 million in civil penalties for failing to meet U.S. fuel economy requirements for 2019 and 2020, and owes another $459.7 million in outstanding penalties, Reuters reported on Friday citing government documents.
UNICREDIT CRDI.MI
UniCredit wants to cut staff in its central offices and will send some employees into early retirement while offering others the chance to retrain and be moved to "more productive" roles, CEO Andrea Orcel told Il Messaggero on Sunday mentioning in particular the CFO office and human resources staff.
GO INTERNET GO.MI
BID-GO Srl reopens full mandatory takeover bid on Go Internet shares; ends on July 26.
DIARY
Rome, Prime Minister Giorgia Meloni meets European Council President Antonio Luis Santos da Costa (0830 GMT).
Rome, Prime Minister Giorgia Meloni attends policymakers' meeting on Italy's Recovery and Resilience Plan (NRRP) (1430 GMT).
Rome, Cabinet meeting chaired by Prime Minister Giorgia Meloni(1530GMT).
Rome, Iren IREE.MI holdsnews conference to present newhub for recovery of raw materials and precious metals with Chairman Luc aDal Fabbro, Industry Minister Adolfo Urso(1400 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/
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