Italian Wine Gives Its Owners Yet Another Cause for Regret

The nation’s vineyards were already grappling with a changing climate and changing tastes. A spike in borrowing costs makes their lives even more difficult.

Unieuro Founders Oppose Fnac Bid, Citing Steep Undervaluation

The founders of Unieuro SpA are opposing a bid from Fnac Darty SA on the grounds that it significantly undervalues the Italian electronics retailer.

Campari CEO’s Quick Exit Came as Board Lost Faith in His Abilities

The abrupt departure of Davide Campari-Milano NV’s chief executive officer this week followed a loss of confidence from the board after a string of management and communication missteps.

Italy Cuts Funding for Stellantis, Mercedes EV Battery Plant

The Italian government is cutting funds to a Stellantis NV and Mercedes-Benz Group AG electric-vehicle battery plant, a project that has faced delays due to a slowdown in EV demand in Europe.

Italian Oil Major Eni Eyes Over €4 Billion in Upstream Asset Sale Plan

Italian energy group Eni SpA is looking to raise more than €4 billion ($4.3 billion) from disposals in its global upstream business, people familiar with the matter said.

Italian Retailer Coin Taps KPMG to Advise on Debt Burden

Italian department store chain Coin SpA is working with advisers at KPMG LLP to help it address its debt, according to people familiar with the matter who asked not to be identified.

GIP, Snam Said to Mull Exit From $21 Billion Adnoc Gas Pipe Unit

Global Infrastructure Partners and Italy’s Snam SpA are considering a potential sale of their stakes in Abu Dhabi National Oil Co.’s gas pipeline unit, according to people familiar with the matter.

Novo Reigns, Stellantis Resilient: EMEA Earnings Week Ahead

Novo Nordisk A/S’s reign as Europe’s most valuable company “leaves no room to disappoint” with its first-quarter report, said Bloomberg Intelligence’s Michael Shah.

Armani ‘Doesn’t Rule Out’ Merger or IPO in Succession Plan

Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge.

ION Tycoon Built Fintech Empire With Billions of Dollars in Private Debt

Andrea Pignataro’s ION Group borrowed billions of dollars from US private lender HPS Investment Partners in recent years to fuel an acquisition spree, adding a layer of expensive loans to the pile of...

Tom Ford Fashion House Is Driving Zegna’s Luxury Expansion

Deal could be just the engine Zegna needs to keep growing, CEO says

Moody’s Tail Risk Has Italy on Edge Before Critical Rating Call

Milan’s Push to Lure World’s Wealthy Stokes Boom and Backlash

Milan has become a mecca for the wealthy, but the downside of that shift is starting to show.

Italy Is On Track for Highest Numbers of Migrant Arrivals Since 2016

Italy is on track to receive the biggest number of migrant arrivals since 2016 this year, a phenomenon that will likely keep dominating the agenda of Giorgia Meloni’s right-wing government.

Venice Wants to Combat ‘Overtourism’ With New €5 Entrance Fee

Venice has approved a €5 ($5.4) daily entrance fee in a bid to regulate the hoards of tourists that visit the historic lagoon city and try to protect its delicate ecosystem and cultural heritage.

Campari Shares Surged More Than 520% Under Retiring Veteran CEO

Spirits maker Davide Campari-Milano NV saw its shares rise more than 520% during the 16-year tenure of retiring Chief Executive Officer Bob Kunze-Concewitz, who oversaw a surge in demand from...

EU Must Help Consumers to Prevent Populism, France’s Boone Says