Alberto Brambilla

A deadly explosion Wednesday at an Enel SpA hydro-power facility in northern Italy that left at least three people dead occurred as works to renew facilities at the 1970s-era plant were concluding.

(Bloomberg) -- Stellantis NV Chief Executive Officer Carlos Tavares warned he may have to make “unpopular decisions” if a Chinese electric-vehicle manufacturer were to set up shop in Italy.

The Italian government has also held discussions with automakers including Tesla and BYD about producing in the country.

KKR has chosen Luigi Ferraris as its candidate for network CEO Telecom Italia grid sale to KKR valued at about €19 billion

KKR & Co. is set to tap an Italian industry veteran to run the telecom network business which is buying from Telecom Italia SpA, according to people familiar with the matter said.

KKR & Co. is set to tap an Italian industry veteran to run the telecom network business which is buying from Telecom Italia SpA, according to people familiar with the matter said.

Prysmian SpA agreed to buy Encore Wire Corp . for around €3.9 billion ($4.15 billion) including debt, the first major deal under its new CEO.

Italy and Germany have clashed over whether Group of Seven nations should include a reference to nuclear power as part of the green transition at an upcoming summit of energy ministers, according to people familiar with the matter.

Private equity fund L Catterton , which is backed by luxury giant LVMH Moet Hennessy Louis Vuitton SE , agreed to buy a majority stake in Italian beauty brand Kiko.