-
Chinese Stocks Face Delisting Threat, Tariff Concerns, Trump's Threat To Oust Powell, And More: This Week In Economics
Sunday, April 20, 2025 - 6:00am | 582The past week has been a rollercoaster ride for investors, with significant developments in the global financial markets. From the looming threat of delisting for US-listed Chinese stocks to China’s drastic cut in US oil imports, the escalating trade tensions between the US and China have...
-
Italy Joins US To Oppose 'Discriminatory' Digital Taxes On Big Tech Giants Like Apple, Amazon, Google, And Meta
Saturday, April 19, 2025 - 4:46am | 677Italy has joined the U.S. in opposing taxes on digital services, signaling a shift in its stance on a tax levied against major tech companies, including Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and Facebook-parent Meta Platforms...
-
Giorgia Meloni Shoots Down National Security Concerns Over Elon Musk's Italy Investment Plans
Friday, January 3, 2025 - 9:18am | 441Italian Prime Minister Giorgia Meloni has stated that investments by companies owned by Elon Musk do not pose a threat to Italy’s national security. Meloni emphasized the importance of evaluating investments through the lens of national interest. What Happened: Meloni...
-
Italian Economy Stagnates As Manufacturing, Fashion Slow
Monday, November 11, 2024 - 12:12pm | 1699The Italian economy stagnated in the third quarter of this year as weak manufacturing and slowing exports weighed on growth. The country reported no economic growth compared with 0.2% in the second quarter, according to data from the Nation Institute of Statistics (ISTAT). Although its GDP...
-
Giorgia Meloni Meets Xi Jinping As Italian PM Seeks 'As Balanced As Possible' Trade Relations With China
Tuesday, July 30, 2024 - 9:32am | 498In a bid to rebalance trade ties, Italian Prime Minister Giorgia Meloni has embarked on a visit to China. What Happened: During her inaugural visit as Prime Minister, Meloni stressed the need for a more equitable trade relationship, Reuters reported on Tuesday. She noted that Italy’s...
-
Photo Of G7 Leaders, Joe Biden's Seemingly Unusual Actions At Summit Draw Scrutiny
Saturday, June 15, 2024 - 2:22pm | 464According to one report, a recent photo of the Group of Seven leaders with Pope Francis has become noteworthy for capturing simmering frustrations, the positioning of unpopular figures in the back and smiles that may conceal underlying challenges back home. In the photo, the forced grins of France...
-
G7 Leaders Approve $50B Ukraine Loan Funded By Frozen Russian Assets
Thursday, June 13, 2024 - 9:07am | 532The G7 summit, which commenced on Thursday, saw the leaders of the seven major economies agreeing to a U.S. proposal to provide a $50 billion loan to Ukraine. The loan will be backed by frozen Russian assets, a move that signals strong support for Ukraine amid a changing political landscape in...
-
EU Bets On $8B Aid To Egypt To Curb Migration, Ignites Criticism
Sunday, March 17, 2024 - 11:16pm | 768In a bid to address economic challenges and potential migration issues, the European Union (EU) has committed to an $8 billion aid package for Egypt. The deal, however, has sparked criticism due to Egypt’s human rights record. What Happened: The EU announced on Sunday that it would provide...
-
Stellantis Under Fire: Prime Minister Questions Move To Shift Production Abroad
Thursday, January 25, 2024 - 10:40pm | 434Italian Prime Minister Giorgia Meloni on Wednesday reportedly publicly chastised Stellantis NV (NYSE:STLA) over its decision to move car production to countries with lower costs. What Happened: Meloni expressed her dissatisfaction to lawmakers in Rome, Bloomberg reported on Wednesday. She stated...
-
Elon Musk Holds Son While Highlighting Population Crisis At Italy PM Meloni's Political Event
Saturday, December 16, 2023 - 3:09pm | 917At a political festival in Rome hosted by Italy's Prime Minister Giorgia Meloni on Saturday, Elon Musk, the CEO of Tesla Inc., highlighted the critical issue of Italy's declining population. The billionaire addressed the gathering with a focus on...
-
Elon Musk Greeted By Italy's Prime Minister, Deputy — Heads Off To France Next To Meet Macron
Thursday, June 15, 2023 - 11:06pm | 527Tesla Inc (NASDAQ:TSLA) CEO Elon Musk met with Italy Prime Minister Giorgia Meloni on Thursday. What Happened: In a tweet on Thursday, the prime minister said that it was a very ‘fruitful meeting’ with Musk wherein they discussed artificial intelligence, European market rules and birth...
-
Italian PM's Brother-In-Law And Minister Sparks Outrage By Saying Illegal Immigration Leads To 'Ethnic Replacement'
Thursday, April 20, 2023 - 7:51am | 470Italian Prime Minister Giorgia Meloni's brother-in-law sparked fury among the opposition for saying that Italy’s declining birth rate and a rise in illegal immigration may result in “ethnic replacement.” What Happened: Francesco Lollobrigida, who is the Minister of Agriculture of...
-
US Stocks Could Extend Losses Monday Ahead Of Fed Speeches, Futures Show — Casino Stocks, Tesla And This EV Rival In Focus
Monday, September 26, 2022 - 7:00am | 1130The major U.S. index futures are pointing to a lackluster start for Wall Street on Monday, as sentiment about the economy and market continue to be downbeat. Stocks closed firmly in the red in the week ended Sept. 23 as fears of more aggressive rate hikes and a potential looming recession sapped...
-
Giorgia Meloni Set To Become Italy's 1st Woman Prime Minister And Lead Most Right-Wing Government Since Mussolini
Monday, September 26, 2022 - 2:17am | 441Giorgia Meloni looks set to become Italy's first woman prime minister as near-final results indicate her party scored a sweeping win in Sunday's election. What Happened: After leading a conservative alliance to victory in the country’s general election, Meloni’s...