Italian energy group Edison has received two offers for its gas storage assets and will decide whether to sell the business and to whom in the next few weeks, Chief Executive Nicola Monti said on.
Italy's Mediobanca beat forecasts with its first-half net profit thanks to a rise in net interest income benefiting from high rates, and its wealth management business, the financial group said on Friday. First-half net profit came in at 611 million euros ($657.99 million), 10% higher from a year ago, beating an analyst consensus provided by the bank of 596 million euros. Revenues grew 4% to 1.73 billion euros, broadly in line with estimates, with net interest income (NII) of 997 million euros, 18% higher year-on-year.
Pope Francis condemned all forms of anti-Judaism and anti-Semitism, labelling them as a sin against God, after noticing an increase in attacks against Jews around the world..
Italy will invest in Enel's photovoltaic panel factory in Sicily, supporting its plan to boost production and become Europe's main site for solar panels, Prime Minister Giorgia Meloni said on Saturday. "There are 90 million euros ($97 million) for this project from the National Recovery and Resilience Plan (NRRP). which will allow the current factory to strengthen itself and for a further new production line to be established," Meloni said at the end of her visit to the 3Sun plant, in the city of Catania. "Our bet is for Catania to become one of the most important hubs in solar panel production," she added.