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Business leaders on Sunday voiced skepticism over the ability of Premier Silvio Berlusconi, dogged by a sex scandal and at the mercy of squabbling allies, to quickly adopt the severe austerity measures sought by the European Central Bank and uneasy financial markets.
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Italy's manufacturing sector unexpectedly grew in July due to an increase in foreign demand as well as the presence of outstanding business, results of a survey by Markit Economics showed Monday.
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The fourth meeting of the UAE-Italy Joint Economic Committee had been productive and highly encouraging, according to Sultan bin Saeed Al Mansouri, UAE Minister of Economy.
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Italy's industrial production rose in February as executives expected reviving global trade to support the recovery in Europe's fourth-biggest economy.
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Goodrich Corp. said Friday that it plans to buy Italian aerospace control system maker Microtecnica for 330 million euros ($462 million).
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Rome: Italian business confidence unexpectedly rose in March as the economic recovery gained pace after the worst recession since the Second World War.
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Packaging group Ardagh, which is controlled by Dublin financier Paul Coulson, has agreed to acquire an Italian company in a deal understood to have an enterprise value of about €125m.
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Italy welcomes Chinese investors and its embassy in China will do all it can to direct and help more Chinese companies find business opportunities in the country, Italian Ambassador to China Attilio Massimo Iannucci said in Shanghai.
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The Italian government has approved measures to protect companies in strategic sectors from foreign takeovers.
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Italy's economy expanded more than originally reported in the fourth quarter as gains in exports more than offset weak consumer demand.
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The Italian Chamber of Commerce in Vietnam (ICHAM) and the Hanoi Business Association (HBA) signed a cooperation agreement here on Wednesday to promote bilateral trade relations between Vietnam and Italy.
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The equipment rental unit of Hertz Global Holdings Inc. has acquired Rent One Italy, a company that provides power generation equipment to telecom and event companies in Italy, Hertz announced Monday.
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Italy's economy expanded for a second quarter in the three months through June, a sign that the country's recovery from its worst recession in six decades is gathering strength.
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Paris 92100 , France.
The new office will offer the full range of Copernicus international services including the business to business matchmaking service "Connecting Markets"and the acclaimed market entry support of the Interim Key Account Manager Service.
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Despite a compound annual growth rate (CAGR) of 1.73% in local currency terms and of -0.68% in US dollar terms from 2004-2009, our outlook for Italy's drug market is even less optimistic over the next five years. From 2009-2014 a CAGR of -2.10% is projected in local currency terms (-4.17% in US dollar terms), largely as a result of the impending patent cliff and the subsequent consumption of lower-value generic drugs in place of the high value patented drugs, which previously accounted for the majority of Italy's drug expenditure. As an example, the European patent for Pfizer's Lipitor (atorvastatin) - Italy's leading molecule - is set to expire in 2011.
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Italy is without doubt one of the centres of European civilisation and has a history which stretches back far beyond any modern European states. The country's prime location on the shores of the Mediterranean Sea boasts varied landscapes from arid grasslands to snowy mountains. Italians are a proud people who draw confidence from their history and rich cultural heritage.
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European industrial orders rose more than economists forecast in November on demand for goods such as steel and car parts.
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As we start a new year, the priority for Europe must be to foster a new phase of strong economic growth. As Europe's third-largest economy, Italy could play a central role in promoting that growth—especially if it can resolve the structural challenges that hold it back.
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Most small companies seeking to tap overseas markets know they'll have to navigate foreign laws, taxes and regulations. But they also need to figure out how to avoid cultural blunders.
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The gross domestic product does not measure happiness or prosperity of a nation, "measures everything except that which makes life truly worth living," said Bob Kennedy 40 years ago. A principle on which statesmen began to think seriously of late, since French President Nicolas Sarkozy has set up a commission headed by Nobel laureate Joseph Stiglitz to understand precisely how to measure the wealth of a country. And Italy is no stranger to this problem and remains "close" in the photographs of the statistics.
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Sterling hit one-week lows against the dollar and euro this morning, as the pound fell to political uncertainty as Prime Minister Gordon Brown fought off an attempt within his party to unseat him.
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To find out more about how Export To Italy can help your business, please call us on +44 (0) 870 879 5367 or e-mail us at info@exporttoitaly.com
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