Business

Italy’s Import Prices Jump 9.6% in September, Highlighting Cost Pressures

Italy experienced a significant rise in import prices, with a 9.6% increase recorded in September compared to the same month last year. This acceleration follows a 7.3% annual rise...

Anthropic’s Faster AI Models Launch as $1 Trillion IPO Approaches

Anthropic, a leading player in the artificial intelligence sector, has rolled out updated versions of its advanced AI...

Italy’s GDP to Grow Modestly at 0.9% in 2026, 0.6% in 2027

Italy's economic landscape over the next few years is projected to experience modest growth, with the country's GDP...

AI Data Center Concerns Spark Significant Decline in Technology Stocks

Investor unease over potential regulatory changes to AI data centers has triggered a significant sell-off in global technology...

Luxembourg to Lower Petrol and Diesel Prices Starting November 4

Motorists and households in Luxembourg are set to benefit from a reduction in fuel prices starting from midnight...

Luxembourg’s Revenue Up 9.9%, But €339 Million Deficit Remains

Luxembourg's state revenue has surged by 9.9% in the first nine months of 2026, reaching €23.9 billion, according to recent financial data. This increase,...

Italy’s Economy Sees 0.2% Growth in Q2 2026, Driven by Domestic Demand

Italy's economy experienced modest growth in the second quarter of 2026, with its GDP increasing by 0.2% compared to the previous quarter. This growth...

Italy Seeks €7 Billion Deficit Flexibility for Defence and Energy Spending

Italy is set to propose a budget plan for 2027 that seeks to increase its deficit by approximately €7 billion, deviating from previously agreed...

Italy-Germany Bond Spread Widens to 126 Basis Points Amid Demand for Bunds

The spread between Italy's 10-year government bond and Germany's benchmark Bund widened on Friday, reaching 126 basis points from a close of 118 basis...

Eni Caps Fuel Prices as Sicilian Truckers Plan Strike Over Costs

Italy's state-controlled energy company, Eni, has implemented a temporary fuel price cap at its stations, aiming to alleviate the financial burden on households and...

Petrol and Diesel Prices Set to Increase This Weekend

Fuel prices are set to rise significantly from midnight on Friday. Both 95 and 98 petrol will become more expensive, with the price of...