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DB ups Italy's Mediobanca to 'hold' amidst lower rates

BUZZ-DB ups Italy's Mediobanca to 'hold' amidst lower rates ** Deutsche Bank (DB) upgrades its stance on Italy's Mediobanca MDBI.MI to "hold" from "sell" on changed lower rates scenario ** Brokerage sees the Milan-based lender as "more favorable now in the context of lower rates due to exposure to consumer credit and a supportive outlook for fee in
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Generali Says Fitch Ups Outlook to 'Positive', Affirms IFS Rating At 'A+'

BRIEF-Generali Says Fitch Ups Outlook to 'Positive', Affirms IFS Rating At 'A+' Oct 29 (Reuters) - Assicurazioni Generali GASI.MI : FITCH UPGRADES GENERALI’S OUTLOOK TO POSITIVE, AFFIRMS IFS RATING AT ‘A+’ POSITIVE OUTLOOK FOLLOWS FITCH'S REVISION OF ITALY'S SOVEREIGN OUTLOOK TO POSITIVE ON 18 OCTOBER 2024, ALSO REFLECTS CO REDUCED EXPOSURE T
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Italy - Factors to watch on October 28

Italy - Factors to watch on October 28 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 Ratings agency DBRS revised on Friday its trend on Italy to 'positive' from 'stable', citing recent improvements in the country's fiscal path, in a boost to Prime Minister Giorgia Meloni's government.
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Italy's largest insurer expands oil and gas exclusions list

Italy's largest insurer expands oil and gas exclusions list LONDON, Oct 22 (Reuters) - Italian insurer Generali GASI.MI will no longer provide new cover for companies involved in oil and gas transportation, processing and distribution if they fail to have a good enough energy transition plan, a statement on its website said. Generali said it will no longer provide policies for risks associated with the so-called "midstream" and "downstream" oil and gas sector, including new liquified natural gas
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Italian banks nudge up, analysts see no big impact on profitability from planned levy

BUZZ-Italian banks nudge up, analysts see no big impact on profitability from planned levy ** Shares in Italian banks are slightly up on Wednesday with analysts saying a planned levy on the country's lenders would not have a big impact on their profitability ** Prime Minister Giorgia Meloni announced plans to raise 3.5 billion euros ($3.81 billion)
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Italy to raise roughly 4 billion euros from banks, insurers and gaming

UPDATE 3-Italy to raise roughly 4 billion euros from banks, insurers and gaming Adds PM Meloni in paragraphs 3-4, share prices in paragraph 5 ROME, Oct 16 (Reuters) - Italy plans to raise roughly 4 billion euros ($4.4 billion) in 2025 from changes in tax rules for banks, insurance products and business licences for gaming, Rome's draft budgetary plan (DBP) showed on Wednesday.
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Indian shares set for muted open

INDIA STOCKS-Indian shares set for muted open Oct 16 (Reuters) - Indian shares are likely to open little changed on Wednesday, as investors await fresh triggers amid continuing foreign outflows. The Gift Nifty GIFc1 was trading at 25,039, as of 8:12 a.m. IST, indicating that the benchmark Nifty 50 .NSEI will open near Tuesday's closing levels of 25,057.35. The Nifty 50 and S&P BSE Sensex .BSESN indexes slipped 0.3% and 0.2%, respectively, on Tuesday, dragged by losses in heavyweight Reliance Ind
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Italy to take 3.5 billion euros from banks, insurers to fund budget

UPDATE 3-Italy to take 3.5 billion euros from banks, insurers to fund budget New levy follows last year's failed bank windfall tax attempt 2025 budget worth around 30 billion euros, Treasury says High-debt Italy needs to comply with new EU fiscal rules Updates after cabinet approval, adds Treasury statement, details By Giuseppe Fonte, Alvise Armellini and Angelo Amante ROME, Oct 15 (Reuters) - Italy's government plans to raise 3.5 billion euros ($3.81 billion) from domestic banks and insurers, P
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Salvini liquida investimenti azionari, li riducono Rocella e Abodi

Salvini liquida investimenti azionari, li riducono Rocella e Abodi ROMA, Oct 11 (Reuters) - Il ministro delle Infrastrutture e dei Trasporti Matteo Salvini ha liquidato i suoi investimenti azionari, secondo la documentazione patrimoniale trasmessa al Parlamento. Lo scorso agosto il leader leghista ha dichiarato di avere liquidato 3.500 azioni di A2A A2.MI , 392 di Enel ENEI.MI e 250 di Acea ACE.MI , che risultavano dalla dichiarazione del dicembre 2022. Stando sempre alla documentazione parlamen
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MS favours Italy's Generali among European major insurers

BUZZ-MS favours Italy's Generali among European major insurers ** Morgan Stanley highlights Italy's Generali GASI.MI as its top pick among major European insurance companies, lifting its rating to " o verweight" from "equal-weight" ** It says Generali's capital markets day in January could surprise positively, especially around dividend ** MS forec
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Anglo American, Boliden, Central Asia Metals

EUROPE RESEARCH ROUNDUP-Anglo American, Boliden, Central Asia Metals Oct 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Anglo American, Boliden and Central Asia Metals, on Thursday. HIGHLIGHTS * Anglo American AAL.L : JP Morgan cuts to neutral from overweight * Boliden AB BOL.ST : JP Morgan cuts to underweight from neutral * Central Asia Metals Plc CAML.L : Berenberg cuts to hold from buy * Fevertree Drinks Plc FEVR.L : Exane BN
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Italy - Factors to watch on October 10

Italy - Factors to watch on October 10 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 Italy aims to introduce a draft law by the end of the year allowing the resumption of domestic nuclear power production , Energy Minister Gilberto Pichetto Fratin told a parliamentary hearing on Wednesd
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Lloyd's of London must stop supporting fossil fuel expansion says NGO

Lloyd's of London must stop supporting fossil fuel expansion says NGO By Virginia Furness LONDON, Oct 9 (Reuters) - The Lloyd's of London SOLYD.UL market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel expansion, NGO Reclaim Finance said on Wednesday. Some European insurers, including Generali GASI.MI and Zurich ZURN.S , have imposed restrictions on underwriting for fossil fuel projects in response to pressure from investors and campaigner
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Italy to change contested legislation on corporate governance rules

UPDATE 1-Italy to change contested legislation on corporate governance rules Adds details and background By Giuseppe Fonte ROME, Oct 8 (Reuters) - Italy intends to ch ange part of a contested l aw on corporate governance rules that has triggered criticism from asset managers and financial companies , Economy Minister Giancarlo Giorgetti said on Tuesday.
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Net inflows at Italian asset gatherers up 3% y/y in September

REFILE-Net inflows at Italian asset gatherers up 3% y/y in September Repeats to additional subscribers By Alessandro Parodi and Alberto Chiumento MILAN, Oct 8 (Reuters) - Italy's five listed asset gatherers reported combined net inflows of 1.31 billion euros ($1.44 billion) for September, up 3% from 1.27 billion euros in the same month of 2023. Net inflows into more lucrative assets under management (AuM) rose to a combined 1.25 billion euros, up from 353.8 million last year, data showed.
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Italy - Factors to watch on October 3

Italy - Factors to watch on October 3 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 Group of Seven (G7) leaders expressed "strong concern" on Wednesday over the crisis in the Middle East but said a diplomatic solution was still viable and a region-wide conflict was in no one's interest,
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Bureau Veritas, Covestro AG, Redcare Pharmacy NV

EUROPE RESEARCH ROUNDUP-Bureau Veritas, Covestro AG, Redcare Pharmacy NV Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bureau Veritas, Covestro AG and Redcare Pharmacy NV, on Wednesday. HIGHLIGHTS * British Land BLND.L : Deutsche Bank raises to buy from hold * Bureau Veritas BVI.PA : JP Morgan cuts to neutral from overweight * Covestro AG 1COV.DE : Jefferies cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises t
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Big Technologies, Safran, Volution Group

EUROPE RESEARCH ROUNDUP-Big Technologies, Safran, Volution Group Sept 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Big Technologies, Safran and Volution Group on Friday. HIGHLIGHTS * 3I Group III.L : Citigroup raises target price to 4140p from 3850p * Big Technologies Plc BIGB.L : Peel Hunt raises to add from hold * Safran SAF.PA : Jefferies raises target price to EUR 220 from EUR 205 * Solar Foods Oyj SFOODS.HE : Inderes rai
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Assicurazioni Generali Says Generali Successfully Placed € 750 Million Subordinated Bond

BRIEF-Assicurazioni Generali Says Generali Successfully Placed € 750 Million Subordinated Bond Sept 26 (Reuters) - Assicurazioni Generali SpA GASI.MI : ASSICURAZIONI GENERALI - GENERALI SUCCESSFULLY PLACED € 750 MILLION SUBORDINATED BOND GASI.MI Source text for Eikon: ID:nBIA4z3GRy Further company coverage: GASI.MI
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Blackstone, Generali team up for private debt fund for French retail investors

Blackstone, Generali team up for private debt fund for French retail investors PARIS, Sept 26 (Reuters) - Blackstone B.X and Italy's top insurer Generali GASI.MI are teaming up for a fund that will allow French retail investors to invest in private company debt, the companies said in statement on Thursday. This follows a similar partnership announced in February by the world's largest private equity firm and BNP Paribas BNPP.PA , France's biggest bank.
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