Trends - Giuseppe Conte - Business Recorder

Giuseppe Conte

Jobs fears as Italy eyes end to Covid ban on layoffs

Confindustria, Italy's main employers organisation, has forecast economic growth of around five percent in 2021, a prediction shared by the Bank of Italy.

Published 16 Jun, 2021 11:50am

World

Italy's former PM Conte accepts task of trying to revive 5-Star Movement

Nonetheless, he is expected to try to foster a stable alliance with the PD to try to compete with the rightist bloc of parties led by Matteo Salvini's League which currently lead in opinion polls. The next election is due in 2023.

Published 01 Mar, 2021 12:13pm

World

New PM Draghi to unveil plan to rescue Italy from virus crisis

The new premier has enough support without them but the rumblings highlight the fragility of his coalition.

Published 17 Feb, 2021 11:39am

World

Italy's Draghi holds final round of talks on new govt

Italy has been without a fully functioning government for almost a month since the centre-left coalition collapsed, forcing Giuseppe Conte to resign as prime minister.

Published 08 Feb, 2021 09:38pm

World

Italy's 5-Star opens slightly to Draghi ahead of government talks

Draghi starts consultations on forming new government.
Outgoing PM Conte wishes him well.
5-Star needs to be "mature" says party leader.
Berlusconi welcomes Draghi appointment.

Published 04 Feb, 2021 09:06pm

Markets

European shares rise

MILAN/FRANKFURT: European shares rose on Wednesday as focus remained on a busy day of earnings, with Italian shares...

Published 04 Feb, 2021 04:13am

World

Crisis-hit Italy turns to former European bank chief Draghi

Mattarella called in Draghi after Italy's ruling parties failed to agree on a new government following a split last month that forced Giuseppe Conte to resign.

Published 03 Feb, 2021 05:14pm

World

Nearly half of Italians want PM to stay: poll

Conte was also confirmed as the country's most popular politician, with 52 per cent of respondents expressing confidence in him.

Published 28 Jan, 2021 09:42pm

World

Embattled Italian PM testifies in Salvini migrant case

Salvini's lawyers say the decision to hold the migrants was not his alone, but reached collectively within the government.

Published 28 Jan, 2021 09:36pm

World

Italy's president opens government talks after PM quits

The head of state is set to meet the presidents of both parliamentary chambers before talks on Thursday and Friday with party leaders.

Published 27 Jan, 2021 05:21pm

World

Italy PM tenders resignation: president

Conte is expected to seek a new mandate for what would be his third consecutive government in three years, but this depends on his ability to expand his parliamentary majority.

Published 26 Jan, 2021 08:20pm

World

Matteo Renzi: The 'Wrecker' brings down an Italian government

Renzi rose to preeminence as a youthful reformer who, earning the nickname "Rottamatore" (the Wrecker), was out to shake up Italy's political establishment.

Published 26 Jan, 2021 07:54pm

Markets

Italian yields drop as PM Conte looks to form new government

Conte set to resign in bid to form new government.
German 10-yr yields drop to -0.561% in early trade.
US Treasury yields hit three-week low.
Hurdles to US stimulus plan worry stock markets.

Published 26 Jan, 2021 06:23pm

Markets

German Bund yields hit two-week lows as Italian PM set to resign

This closely-watched spread had tightened to below 100 basis points for the first time ever earlier this month.

Published 26 Jan, 2021 02:06pm

Markets

Italian bond yields drop on talk of new government without election

Italian bond yields fall after Friday sell-off.
Focus on chance of a new government.
EU hires banks for first SURE bond sale of the year.

Published 25 Jan, 2021 09:18pm

BR Research

Italy's ruling PD lawmakers urge PM Conte to resign and form new govt

Conte's resignation is the "only way" to convince these wavering parliamentarians to respond to his call.
As things stand, Conte does not have enough support to approve the justice report.

Published 25 Jan, 2021 08:49pm

World

Italy's Conte seeks way out of political mire ahead of Senate vote

Conte lacks solid majority in upper house Senate.
Efforts to lure centrist senators have had little success.
Key vote on justice system due this week.
Newspapers report Conte plans to resign, govt source denies it.

Published 25 Jan, 2021 07:13pm

Markets

Italian risk premium highest since November as focus shifts to elections

Italian bond yields rise further as politicians cast attention on snap elections.
Risk premium rises to highest since November.
10-year yields set for biggest weekly jump since April.
German yields dip after PMI readings.

Updated 22 Jan, 2021 09:04pm

Markets

European shares surge

MILAN/FRANKFURT: European stocks rose on Wednesday after chip equipment maker ASML and Swiss luxury group Richemont...

Published 21 Jan, 2021 04:23am

Markets

Italian bond yields rise after rallying on confidence vote win

Italian government secures narrow win on confidence vote.
Borrowing costs fall to lowest in over a week, then rise.
Focus on how stable government will remain.

Published 20 Jan, 2021 06:35pm

World

Initial count shows Italy's Conte winning Senate vote to keep fragile govt afloat

Conte overcame a similar confidence motion in the lower house on Monday. Had he lost either vote, he would have had to resign.

Published 20 Jan, 2021 10:29am

World

Italy's government on course to survive Senate confidence vote

PM Conte faces do-or-die confidence vote.
Several unaligned senators signal they will not sink govt.
Crisis triggered when party of ex-PM Renzi quit coalition.

Published 19 Jan, 2021 09:14pm

World

Italian PM pleads for Senate support ahead of confidence vote

Conte is desperately seeking the backing of opposition lawmakers to allow his coalition to stay in power.

Published 19 Jan, 2021 08:10pm

Markets

European stocks slip

MILAN/FRANKFURT: European stocks inched lower on Monday as French retailer Carrefour tumbled after ending 16.2...

Published 19 Jan, 2021 04:22am

World

PM urges pro-EU lawmakers to back Italy's fragile govt

He insisted his coalition with the Democratic Party (PD) and Five Star Movement (M5S), which was formed in September 2019, could carry on without Renzi.

Published 18 Jan, 2021 07:19pm

World

Italy PM to launch bid to save government in parliament

The real test will come on Tuesday, however, when he addresses the Senate and faces what will effectively be a vote of confidence.

Published 18 Jan, 2021 05:13pm

Markets

Dollar rises despite drop in yields; data, lockdowns weigh on stocks

Stocks fell but remained close to recent record highs, with investors also digesting the prospect of rising taxes to pay for the plan.

Published 16 Jan, 2021 12:49am

World

Italy's Conte seeking stray senators to save struggling coalition

Italia Viva walkout leaves coalition without majority.
Prime minister to face confidence votes in parliament.
Political uncertainty has pushed up borrowing costs.

Published 15 Jan, 2021 07:08pm

Markets

Italian bond yields dip but set for biggest weekly rise since October

Italian bond yields dip after Thursday sell-off.
But set for biggest weekly rise since October.
Focus on Monday's vote of confidence.

Published 15 Jan, 2021 05:25pm

World

Italy's Conte to address parliament Monday, followed by confidence vote

Instead, Conte told head of state Sergio Mattarella on Thursday that he would report to parliament on possible ways out of the situation.

Published 14 Jan, 2021 11:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
Dow Jones / May 22	39671.04
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80
Hang Seng / May 23	18845.59
FTSE 100 / May 23	8373.47
Germany DAX 30 / May 23	18748.98

Item	Value
Gold 10 Grams PKR / May 22	212791
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Giuseppe Conte

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