The week of November 4 – 10
Economy – The foreign media’s interest in Italian businesses and their expansion plans continues.
Economy – The foreign media’s interest in Italian businesses and their expansion plans continues.
Economy – The success of the made in Italy brand has generated a few stories in the foreign press this week. According to the Financial Times Gucci is one such case, now achieving stellar sales thanks to the efforts of the brand’s artistic director, Alessandro Michele (October – Gucci fashions its reinvention in style*).
The “made in Italy” brand throughout the world – has attracted much attention in the international press this week with articles about its expansion onto the world’s markets, thanks to the announcement, made by a few major Italian groups, revealing their latest quarterly figures.
“We saved the best for last” – The American press shines the spotlight on the Obama presidency’s final state dinner, dedicated to Italy. As the Associated Press explains in an article run in the New York Times, it was an event for the American president to “honor Italy and its leader” (October 18 – Obama Uses Final State Dinner to Honor Italy and Its Leader).
In memory of Dario Fo – Within a few hours of Dario Fo’s passing on October 13, newspapers the world over dedicated a multitude of column inches to the Nobel Laureate, “Italy’s Harlequin” (El Mundo – Muere Dario Fo, ‘Arlecchino’ de Italia), the irreverent fool who spoke out against power (El País – Muere
Economy – The foreign press has run various articles this week about Italian businesses abroad and foreign investments into Italy.
He invented a network to offer commercial and financial opportunities to small and medium-sized businesses, an idea that sprang from a knowledge of the Italian business world and experience gained in international finance.
Fashion – Milan Fashion Week means that the Lombard capital has attracted the attention of the world’s press this week.
Economy – Italian businesses continue to command space in the economic and financial pages of the foreign press.
Economy – Financial news about Italy this week has focused on the plans for growth announced by major groups. Eni, for example has just made a 30 year deal with the government of Montenegro allowing it to research and extract hydrocarbons in the Adriatic (Reuters, September 14 – Montenegro signs 30-year oil concession deal with Eni, Novatek).
Economy – A new competitiveness index would allow Italy to rise in the world rankings. Les Echos reports on the initiative, just presented at Cernobbio, that proposes to revise the World Bank’s Ease of doing business index by valuing the country’s strong points in terms of attractiveness abroad (September 6 – l’Italie lance un nouveau classement économique international*).
Economy – There have been several reports this week about companies choosing to invest in Italy over the next few months. At least, that is what Keith Breslauer, the MD of London’s Patron Capital Partners – that deals mostly in restructuring and undervalued assets – told Bloomberg on 12 July (Italy Beats Brexit as Private-Equity Strategy, Patron Says).
Of the 32 articles by Italian researchers and laboratories tracked in the May editions of international scientific journals (Science, Lancet and those published by the Nature group in May), most concerned the fields of medicine and genetics.
The ten covering medical research were published in Leukemia, Oncogene and Cell Death and Disease, whilst a further six, focused on genetics, appeared in Nature Genetics and Gene Therap
This April, most articles produced by Italian researchers and laboratories were about biology and medicine. Tracking international journals of a scientific nature (Science, Lancet and those published by the Nature group) revealed, in fact, that some 37 Italian studies had been written up.
The role of “the world’s low-cost factory”, once fulfilled by China, is set to pass to Africa in the very near future. Indeed, labor-intensive sectors such as the fast-fashion and consumer electronics industries are looking for new countries to manufacture in. During the course of the following interview granted to the Aspen Italia website team, Maurizio Bussi, Director of the International Labour Organization’s Decent Work Technical Support Team for East and South-East Asia and the Pacific explained the opportunities and prospects ushered in by this trend.
Finding new ways of commercially exploiting satellites already in orbit, while creating economic value in the process: this is the goal of the research being carried out by Alessandro Golkar, Interim Director of the Space Center and Associate Professor at the Skoltech university in Moscow. As he explains in the following interview, opening up to the market may be a challenge that is directly applicable to the Italian aerospace industry as well.
Economy – For the last two weeks, correspondents of the world’s leading newspapers have been focused on the earthquake that shook Central Italy on August 24. In the preceding weeks however, it was the economy, especially investments that took up the most column inches.
Economy – With the banking sector busy with stress tests, Italy seems to be rising above the difficulties that have arisen as a result of the UK referendum on leaving the European Union.
Lifestyle – With summer in full swing, it is only natural that many articles about Italy this week have been lifestyle oriented, starting with food & drink. The New York Times suggested readers might like to try some very promising white wines that come from the slopes of Mt.
Economy & finance – Although the international press continues to focus on the banking sector and the Brexit effect, there have been articles about Italy, mostly carrying news about new investments. One such newsworthy story is that of AC Milan, one of Italy’s legendary soccer clubs that the Berlusconi family has sold to the Chinese group, Sunings.