{
}
Lufthansa is close to finalizing a deal to acquire a 41% stake in Italy's ITA Airways, having resolved pricing issues with the Italian government. The agreement faced a setback last week when Lufthansa sought a reduction from the €325 million price due to a decline in ITA's value since their initial 2023 agreement.
Italy's labor market shows signs of slowdown, with September witnessing a drop of 63,000 employed individuals, primarily in permanent positions. The inactivity rate rose by 56,000, while the unemployment rate remained stable at 6.1%. Despite a year-on-year increase in employment, the overall trend indicates economic challenges ahead.
The Budget Law introduces new caps on tax deductions for individuals earning over 75,000 euros, allowing deductions of up to 7,000 euros for singles and 11,900 euros for families with two children. Health care expenses remain excluded from these limits, while mortgage and renovation deductions from previous years are preserved. Existing ceilings will gradually reduce from 120,000 euros to zero at 240,000 euros.
ITA Airways
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
lufthansa close to finalizing takeover of italia's ita airways
19:28 11.11.2024
italy faces labor market decline as employment falls and inactivity rises
10:54 31.10.2024
new tax deduction limits introduced for singles and families in budget law
11:44 23.10.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Finance Mergers & Acquisitions
Global Financial Events
Financial Scams and Security
Retail and Consumer Goods
Market Analysis and Predictions
Banking Regulations
Hedge Funds & Private Equity
CEO Changes
AI Innovations
Supply Chain Management
Industry Mergers & Acquisitions
Global Trade Developments
Workplace Trends
Funding Rounds & Investments
Startups & Entrepreneurship
Cryptocurrency Trends
Government Economic Policies
Countries:
Companies:
JPMorgan Chase & Co.
Barclays PLC
NVIDIA Corporation
Morgan Stanley
Tesla, Inc.
The Goldman Sachs Group, Inc.
Bank of America Corporation
Citigroup Inc.
Wells Fargo & Company
The Charles Schwab Corporation
Capital One Financial Corporation
Apple Inc.
Huawei Technologies CO. Ltd.
Netflix, Inc.
Tesmec S.p.A.
Truist Financial Corp
HSBC Holdings plc
Geode Capital Management LLC
State Street Corporation
Credit Suisse Real Estate Fund Siat
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
British Pound Sterling
Swiss Franc
United Arab Emirates Dirham
Japanese Yen
South Korean Won
Canadian Dollar
Offshore Chinese Yuan
Singapore Dollar
Azerbaijani Manat
New Taiwan Dollar
Saudi Riyal
Vietnamese Đồng
Hong Kong Dollar
Brazilian Real
People: