https://feeds.thelocal.com/ Read the latest news and views from Italy in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Italian luxury goods company Prada on Tuesday reported a sharp fall in profits on the back of weak Asian demand and said it had started to cut costs. https://www.thelocal.it/20151216/prada-to-tighten-belt-as-profits-slip Wed, 16 Dec 2015 09:10:20 +0100 prada-to-tighten-belt-as-profits-slip Fiat Chrysler said on Wednesday it suffered a third quarter net loss of €299 million euros ($331 million), largely down to one-off items and recall issues, but operating results improved significantly. https://www.thelocal.it/20151028/fiat-chrysler-posts-299-mn-euro-net-loss-in-third-quarter Wed, 28 Oct 2015 16:09:18 +0100 fiat-chrysler-posts-299-mn-euro-net-loss-in-third-quarter A day after Ferrari said its head was leaving after more than two decades, the Italian sports car brand on Thursday posted record revenues in the first half of 2014. https://www.thelocal.it/20140912/italys-ferrari-reports-record-first-half-revenues Fri, 12 Sep 2014 10:40:00 +0200 italys-ferrari-reports-record-first-half-revenues Insurance giant Generali posted a 20.4-percent increase in operating profit in the second quarter on Thursday, defying a sluggish economy in crisis-hit Italy and beating analysts' expectations. https://www.thelocal.it/20140731/generali-defies-sluggish-economy-with-profit-boost Thu, 31 Jul 2014 14:14:00 +0200 generali-defies-sluggish-economy-with-profit-boost Italian car maker Fiat, which is merging with US group Chrysler, said net profit more than halved in the second quarter, undermined by a higher tax charge in the United States. https://www.thelocal.it/20140730/fiat-holds-onto-forecast-as-profits-plunge Wed, 30 Jul 2014 15:29:00 +0200 fiat-holds-onto-forecast-as-profits-plunge Italian luxury group Prada on Thursday reported a 23.8-percent drop in profits for its February-to-April first quarter, calling it a period of "rationalization" hit by unfavourable exchange rates. https://www.thelocal.it/20140606/prada-profits-hit-by-stagnant-demand-in-europe Fri, 06 Jun 2014 11:06:00 +0200 prada-profits-hit-by-stagnant-demand-in-europe Telecom Italia on Tuesday said its first-quarter net profits were down 39 percent at €222 million from the equivalent figure last year due to falling revenues on its recession-hit domestic market. https://www.thelocal.it/20140513/telecom-italia-reports-quarterly-profit-plunge Tue, 13 May 2014 14:39:00 +0200 telecom-italia-reports-quarterly-profit-plunge Italian energy giant Eni reported a 14.3-percent drop in its adjusted net income for the quarter on Tuesday, due to weak European demand and reduced output from Libya. https://www.thelocal.it/20140429/weak-european-demand-hits-eni-profits Tue, 29 Apr 2014 13:16:00 +0200 weak-european-demand-hits-eni-profits The Chinese market for luxury fashion products will be the main driver of growth at Italian group Prada, the company said on Thursday after reporting stable profits. https://www.thelocal.it/20140403/pradas-global-expansion-fuelled-by-china-2 Thu, 03 Apr 2014 13:20:00 +0200 pradas-global-expansion-fuelled-by-china-2 Italian energy company Enel said on Tuesday its operating profit rose by 7.6 percent to €17 billion euros, although the gain was largely due to disposals. https://www.thelocal.it/20140205/enel-profits-boosted-by-russian-sell-off Wed, 05 Feb 2014 08:33:00 +0100 enel-profits-boosted-by-russian-sell-off Italian oil major ENI reported unexpectedly strong results for the third quarter on Wednesday, despite a drop in production due to "geopolitical factors" in Nigeria and Libya. https://www.thelocal.it/20131030/eni-surprises-with-firm-profits Wed, 30 Oct 2013 13:45:00 +0100 eni-surprises-with-firm-profits Italy's lingering economic crisis appears to be having little effect on the country's fashion industry, as Prada on Tuesday announced profits of €308.2 million in the first half of 2013. https://www.thelocal.it/20130917/prada-profits-boosted-by-chinese-buyers Tue, 17 Sep 2013 16:25:24 +0200 prada-profits-boosted-by-chinese-buyers Italian auto giant Fiat reported a huge increase in second-quarter profit on Tuesday but its share price plunged after US partner Chrysler revised down its 2013 financial targets. https://www.thelocal.it/20130730/fiat-surprises-with-profit-leap Tue, 30 Jul 2013 18:39:00 +0200 fiat-surprises-with-profit-leap