A study commissioned by an industry group estimates that Italy’s data centre construction could attract about €36.9 billion (approximately $41.5 billion) in investment up to 2036, as AI and cloud computing boost demand for capacity.
The Italian government is moving to reduce road taxes after discovering that 60,000 vehicles with Polish licence plates were being used to evade Italy’s road levy, highlighting a tax avoidance issue linked to foreign-registered cars.
The governments of Italy and Greece are seeking leeway from the EU’s fiscal framework, arguing that the need to subsidise fuel prices and the surge in inflation are straining their budgets and could jeopardise compliance with the Stability and Growth Pact.
UniCredit CEO Andrea Orcel is reportedly aiming to complete the acquisition of Germany’s Commerzbank in January, moving the timeline forward from the second quarter. The deal is expected to trigger wide‑ranging internal reorganisations and a overhaul of the bank’s operations.
A former board chairman of Fideuram Bank fell victim to a sophisticated AI‑based fraud on WhatsApp, leading to a €95 million transfer and a net loss of €36 million after partial recovery. The incident highlights growing cyber‑risk challenges for European banks.
Italian infrastructure construction group Icop SpA is considering revising its takeover offer for Trevi SpA to beat a competing bid from Webuild SpA, according to its chief executive officer.
Airbus is seeking to secure EU backing for a merger with Leonardo and Thales in the space sector by proposing divestments that would satisfy competition authorities in Brussels.
Lottomatica Group will use its homegrown gambling technology and AI to boost online growth at Cirsa following the agreed acquisition of the Spanish operator.
Intesa Sanpaolo shareholders have approved a capital increase for the intended acquisition of Monte dei Paschi, but the historic Italian bank is implementing a defense strategy.
Italian technology group Bending Spoons SpA announced an all‑cash deal to purchase the collaboration software company Miro for $1.36 billion, continuing its recent acquisition spree in the European tech sector.