Edition:
United Kingdom

Francesca Landini

Atlantia shares rise on hopes for truce with Italian government

28 Jan 2020

MILAN/ROME Atlantia shares gained more than 6% on Tuesday as comments from a minister rekindled hopes that the infrastructure group could reach a compromise with the government over its lucrative motorway concession.

Atlantia motorway unit pledges to boost investment, maintenance spending

16 Jan 2020

MILAN The motorway unit of infrastructure group Atlantia pledged to increase by 40% its spending on road maintenance in the next four years, as it tried to break a standoff with the Italian government over the future of its lucrative concession.

UPDATE 1-Atlantia motorway unit pledges to boost investment, maintenance spending

16 Jan 2020

MILAN, Jan 16 The motorway unit of infrastructure group Atlantia pledged to increase by 40% its spending on road maintenance in the next four years, as it tried to break a standoff with the Italian government over the future of its lucrative concession.

Italy's Atlantia eyes tariff cuts as pressure grows to pull concession

15 Jan 2020

MILAN/ROME Benetton-led Atlantia is ready to reopen talks with the government on motorway toll cuts, two sources said, as Italy's biggest infrastructure group seeks to resolve a bitter dispute over its concessions.

Atlantia names new CEO as tollway concession worries grow

13 Jan 2020

MILAN Italy's Atlantia picked a veteran manager from its main shareholder as its new chief executive on Monday amid growing worries over the fallout from a deadly bridge collapse that threatens its motorway unit and alarms foreign investors.

Italy, Autostrade exploring ways to resolve concession stand-off: sources

08 Jan 2020

ROME/MILAN The Italian government and Atlantia's motorway unit are exploring ways to break a stand-off over the group's road concession which some members of the ruling coalition want to revoke, two sources close to the matter said on Wednesday.

UPDATE 1-Italy, Autostrade exploring ways to resolve concession stand-off -sources

08 Jan 2020

ROME/MILAN, Jan 8 The Italian government and Atlantia's motorway unit are exploring ways to break a stand-off over the group's road concession which some members of the ruling coalition want to revoke, two sources close to the matter said on Wednesday.

Italy govt, Autostrade exploring ways to resolve concession stand-off-sources

08 Jan 2020

ROME/MILAN, Jan 8 The Italian government and Atlantia's motorway unit are exploring ways to break a stand-off over the group's road concession which some members of the ruling coalition want to revoke, two sources close to the matter said on Wednesday.

Alitalia bleeds around 300 million euros a year: administrator

07 Jan 2020

MILAN Struggling Italian carrier Alitalia [CAITLA.UL] is burning through its cash resources at the pace of around 300 million euros ($334 million) a year, its new temporary administrator Giuseppe Leogrande told members of a parliamentary committee.

Italy pushes on with plans to reform motorway concession rules

24 Dec 2019

ROME The Italian government is pressing ahead with measures to make it easier and less costly to revoke concessions to operate motorways, even though one party in the ruling coalition opposes this, top officials said on Tuesday.

World News

China virus toll passes 130 as U.S. weighs flight ban

The death toll from a new coronavirus in China rose sharply to 132 on Wednesday with nearly 1,500 new cases, heaping pressure on Beijing to control the disease as U.S. officials said the White House was weighing whether to suspend all flights to the country.