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  • July 11, 2014
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  1. Business - Commodities

    State Grid Corp of China in frame for stake in Italy's energy grids

    Posted Jul 09th 2014, 05:20am by Reuters

    ... Reuters in Milan Utility is one of two bidders for a holding in vehicle that controls country's energy grids State Grid in frame for Italy stake deal China's state power grid is one of two bidders for a large stake in Italy's energy grids, but such a link could create problems because the Chinese and Italians both aim to buy assets around Europe, sources said. ...

    http://www.scmp.com/business/commodities/article/1549938/state-grid-corp-china-frame-stake-italys-energy-grids
  2. Business - Economy - CREDIT RATINGS

    Standard & Poor’s hikes Ireland’s credit rating, maintains negative outlook for Italy

    Posted Jun 07th 2014, 02:21pm by Agence France-Presse in Dublin

    ... Agence France-Presse in Dublin Ireland's recovering economy continues to impress economic analysts as ratings agency upgrades assessment and predicts further improvement, while Italy ... improved domestic prospects. In contrast, the ratings agency held Italy’s credit rating at ‘BBB’, which is two notches above junk level, and maintained its negative outlook. “The upgrade reflects ...

    http://www.scmp.com/business/economy/article/1527378/standard-poors-hikes-irelands-credit-rating-maintains-negative
  3. Business - Economy - ITALY ECONOMY

    Renzi’s mission: nurse Italy back to health

    Posted Feb 20th 2014, 11:50am by NICHOLAS SPIRO

    ... Nicholas Spiro Italy's incoming prime minister has set an ambitious agenda to nurse the 'sick man of Europe' back to health but massive challenges await him A dose of Renzinomics Italy has been the "sick man of Europe" for some time. Matteo Renzi might just be able to restore it to health- but the remedy will not be delivered easily. There's a huge ...

    http://www.scmp.com/business/economy/article/1431635/renzis-mission-nurse-italy-back-health
  4. Business - Economy - ITALY

    Moody's raises Italy's credit rating outlook to 'stable' from 'negative'

    Posted Feb 16th 2014, 05:26am by Reuters

    ... Reuters in Milan Moody's raises Italy's credit outlook to 'stable' Ratings agency Moody's has raised its outlook on Italy's credit rating to "stable" from "negative", the first signal of a possible change in sentiment towards the country's sovereign debt since the start of the euro zone crisis. The move comes as Italy ...

    http://www.scmp.com/business/economy/article/1428590/moodys-raises-italys-credit-rating-outlook-stable-negative
  5. Business - Economy - ECONOMY

    Struggling Italian economy poses potential threat to whole of Europe

    Posted Apr 28th 2014, 04:43am by DAVID BROWN

    ... David Brown Italy could quickly descend into chaos if new government fails to turn around struggling economy, threatening whole of Europe Italy plays with fire Italy may be the land of fast cars, high fashion and stunning design. But the country has been living the good life for far too long. It is now living on borrowed time. Italy's economy is in dire straits. ...

    http://www.scmp.com/business/economy/article/1498466/struggling-italian-economy-poses-potential-threat-whole-europe
  6. Business - Money - TALKING POINTS

    The Italian job

    Posted Mar 04th 2013, 12:00am by JOHN WOODS

    ... mid-2011. The severity of the correction following Italy's shock election results suggests the bulls were caught by surprise. The question now becomes whether the equity bulls can recover ... neatly to Europe and the vexing implications of Italy's election results. Is it really as bad as the markets initially made out? In fact, I think it really is. The majority of Italians voted ...

    http://www.scmp.com/business/money/markets-investing/article/1173365/italian-job
  7. Business - Money

    Italy’s Versace eyeing sale of 15-20pc stake: source

    Posted Sep 12th 2013, 09:11am by Reuters

    ... Stephen Jewkes in Milan Italian fashion house Versace is looking to sell a stake of up to 20 per cent to help it fund growth in a deal that would value the group at more than 1.2 billion euros (HK$12.4 billion), a source with knowledge of the matter said ...

    http://www.scmp.com/business/money/markets-investing/article/1308729/italys-versace-eyeing-sale-15-20pc-stake-source
  8. Business - Economy - OPINION

    Gambling the trump card for livening up culture

    Posted Jun 25th 2014, 02:37am by Richard Wong

    ... Opera is the most expensive of all artistic forms, combining music, acting, scenery, costumes and sometimes dance. It first appeared in 17th century Italy when aristocratic patrons adopted ... for the commissioning of new operas and ballets. They also provided the city-state governments in Italy with a lucrative source of licence fees from gambling concessions. Monte Carlo today is a reminder ...

    http://www.scmp.com/business/economy/article/1539899/gambling-trump-card-livening-culture
  9. Business - MACROSCOPE

    Lack of market volatility may be the calm before the storm

    Posted Jul 07th 2014, 05:26am by DAVID BROWN

    ... the risks of ultra-low interest rates to financial stability. In particular, excessive gains on real estate and falling risk premiums on sovereign bonds in the likes of Italy and Spain remain big ...

    http://www.scmp.com/business/article/1548209/lack-market-volatility-may-be-calm-storm
  10. Business - Economy

    Italy reaches deal on housing tax, easing pressure on Letta

    Posted Aug 29th 2013, 10:50am by Reuters

    ... Giuseppe Fonte in Rome Italy’s government reached a deal on Wednesday to reform an unpopular property tax, easing a source of persistent tension which had threatened to split the fragile ... which will take its place by combining IMU with another tax on refuse disposal. What is certain is that Italy’s strained public finances cannot do without the roughly 24 billion euros (HK$248.7 ...

    http://www.scmp.com/business/economy/article/1300296/italy-reaches-deal-housing-tax-easing-pressure-letta

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