Telecom Italia (TIM) Chief Executive Pietro Labriola said on Thursday it was too early to determine whether a takeover bid from Poste Italiane should be increased, as investors continue to debate the value of the proposed deal.

Telecom Italia (TIM) and Fastweb, the Italian arm of Swisscom, have announced a plan to jointly build up to 6,000 telecom towers across Italy. The project will be structured as a joint venture, allowing potential third-party investors to participate in the future.

Italy’s government has dropped plans to remove a tax break for short-term rental properties, lawmakers said Thursday, preserving the reduced 21% tax rate for landlords. The proposed change, part of amendments to the 2026-2028 budget, aimed to encourage long-term rentals but faced opposition from coalition partners, including the League and Forza Italia.

Shares of budget airline easyJet jumped as much as 11.5% on Tuesday, after Italian media reported potential bid interest from global container shipping company MSC.

Italian luxury fashion house Valentino has appointed Riccardo Bellini as its new chief executive, effective September 1, the company announced Wednesday.

An early strike from Dusan Vlahovic earned Juventus a 1-0 win over Atalanta in the Coppa Italia final, as Massimiliano Allegri's side lifted its first trophy for three years, News.Az reports citing beIN Sports.