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U.S. tariffs to cost Germans up to 20 billion euros this year
ILVA: Di Maio, they’ve made a mess, investigation is underway

ILVA: Di Maio, they’ve made a mess, investigation is underway

Rome - “A mess made by the State playing with people’s health”; a mess into which “an investigation must be opened” to find out “who in particular is responsible”. Luigi Di Maio reported to Parliament about ILVA, one day after the letter in which the Anti-Bribery Authority rejected the tenders for the steel group

Air France-KLM China JV

Air France-KLM China JV

Paris - Air France, KLM Royal Dutch Airlines, China Southern Airlines and Xiamen Airlines are merging their two existing agreements to create a single joint venture (JV), the Franco-Dutch airline group announced on Monday

Carige: Malacalza mulls legal action

Carige: Malacalza mulls legal action

Genova - Lawyers have been deployed in the escalating spat over the governance of Banca Carige, a row which led two days ago to Vittorio Malacalza’s resignation from his roles on the board of directors, as deputy chairman and interim director of the bank

Confcommercio, slow down in transport

Confcommercio, slow down in transport

Rome - “At last the relevant players (including the government) have taken notice: the Italian economy is slowing down, and a 1.5% GDP growth is not a realistic target for 2018.” This the analysis from an ‘observatory’ committee set up to look at transport by the Confcommercio-Conftrasporti federation

GNV: negative net results of 9.8 million

GNV: negative net results of 9.8 million

Genova - The Board of Directors of GNV has approved the company’s results for 2017, which show the firm has yet again improved its financial performance, including revenues and assets. GNV recorded growth across all major performance indicators

Fincantieri, Massolo: “U.S. tender, the market is optimistic”

Fincantieri, Massolo: “U.S. tender, the market is optimistic”

Genoa - Concerning Fincantieri’s participation in the $20 billion tenders for a contract in the United States, “the market is right to be as optimistic as we are.” This was stated by the chairman of Fincantieri, Giampiero Massolo, about the company’s bounce upwards on the stock exchange

New funds for Calabria’s ports

New funds for Calabria’s ports

Reggio Calabria - The Region of Calabria, the Regional Consortium for Production Activities, the Ministry of Infrastructure and Transport and the Port Authority of Gioia Tauro have signed an intergovernmental agreement designating the port infrastructure system to be of international importance

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