Business Directory

  European stock exchanges in rally. Banks and cars fly to Piazza Affari   (Teleborsa) - Brilliant Piazza Affari , which is in line with the excellent performance of the main European stock exchanges, on the announcement by Russia of a new ceasefire in Ukraine for the evacuation of civilians. Euphoria also dominates overseas trading, the S & P-500 jumped 2.46%. The confirmation of the planned meeting in Turkey between the foreign ministers of Ukraine and Russia also helps the optimism. On the currency market, the Euro / US dollar rose significantly (+ 1.68%), which reached 1.108. A day to forget for gold , which trades at 2,002.1 dollars an ounce, retracing by 2.30%. Deep red for oil (Light Sweet Crude Oil), which continues trading at $ 117.8 per barrel, a sharp decline of 4.77%. The spread is significantly lower, reaching +141 basis points, with a sharp decline of 8 basis points, with the yield of the 10-year BTP reaching 1.60%. In the European stock market scenario, an e...

  Bank change: guide to changing the current account Changing banks: how to transfer your account from one bank to another and how much you spend on changing banks.    Closing a current account is free in our country: this was provided for by the Bersani law introduced in 2006, which made it possible to guarantee the individual account holder the possibility of being able to withdraw from a banking contract without penalties.  Usually, when you close an account it is because you want to proceed with the bank change : in this case, it will be necessary to transfer everything that is active in the old account to the new bank.  How does the bank exchange work and how long does it take to transfer deposits and transactions between two different credit institutions? We analyze the procedure below, together with the proposals for the most convenient current accounts that can be subscribed today.  Find out which current account to change bank with How bank exchang...

  Ukraine, Visco: conflict slows decarbonisation but the climate challenge cannot be postponed (Teleborsa) - The evolution of the war in Ukraine and its consequences in terms of energy risks slowing down the EU 's decarbonisation process. According to the governor of the Bank of Italy, Ignazio Visco , in fact, due to the conflict "it may be necessary to temporarily depart from the decarbonization path undertaken", but avoiding that this creates "uncertainty on medium-term plans" of energy and green strategies. "The war forces us to ask ourselves about the extent" of the repercussions that it will leave us as a legacy and the issue of energy security “The need arises in the EU to tackle this challenge collectively. Strengthening security - Visco declared in his speech at the 13th conference of the Bank of Italy and the Ministry of Foreign Affairs - involves costs and also implies difficult dilemmas ”. "The surge in energy prices in recent months a...

  Can I activate a credit card with a bank where I don't have an account? Current account with credit card included: does it necessarily have to be my account or not? Let's find out together.  A credit card is a particular payment card certifying the credit granted by the bank to its holder: it is in fact equipped with a credit line that allows you to pay even for amounts higher than those actually available on the account.  Precisely for this reason, it is a service that is not granted to everyone with absolute lightness, but provides for checks on the income situation  of applicants. From what has just been said, it can be deduced that it will be much easier to obtain a credit card from a bank with which you are already an account holder.  The credit institution, in fact, will know the credit situation of the individual account holder, therefore it may have greater or lesser difficulties in granting the issuance of a credit card which, in many cases, can also ...

  Bank of Italy, expensive energy will require more targeted measures and diversification of sources (Teleborsa) - The expensive energy situation has "worsened after the aggression by Russia on Ukraine" and since the beginning of the conflict there has been a 40% rise in the price of gas and a doubling of the price of energy electricity . This was stated by Fabrizio Balassone , Head of the Economic Structure Service of the Bank of Italy , during a hearing in the Chamber, underlining "we are all aware that in this phase of emergency the uncertainty about the economic prospects is higher". The expert from Palazzo Koch warns that "if these increases were accompanied by a drastic reduction in imports from Russia, there would be significant negative effects on economic activity in Europe and Italy ", which are currently "difficult to quantify" , and a “Further increase in inflation”. with impacts on purchasing power and income. The fallout from the c...

  ABI, net bad loans increased in January: +3 billion euros (Teleborsa) - Net non - performing loans , those net of write-downs and provisions already made by banks with their own resources, in January 2022 increased by 3 billion, to 18.2 billion euros, compared to the figure of December 2021 (15.2 billion), lower than the 19.9 billion of January 2021 (-1.7 billion equal to -8.5%) and the 26.3 billion of January 2020 (-8.2 billion equal to - 31.0%) . This is what emerged from the ABI monthly report on the Italian banking system. Compared to the maximum level of net bad loans, reached in November 2015 (88.8 billion), the reduction is therefore 70.7 billion (equal to -79.6%). The ratio of net non-performing loans to total loans is equal to 1.04% in January 2022, (it was 0.87% in December 2021, 1.14% in January 2021, 1.55% in January 2020 and 4.89% in November 2015). In February 2022, loans to businesses and households increased by 2.3% compared to a year ago. This evidence emerges f...

  Single check, payments start: when it arrives and for whom Excellent news for all those who have already applied for the new Single Allowance for dependent children. The INPS, with the Bank of Italy, started the payments Excellent news for all those who have already applied for the new Single Allowance for dependent children. INPS, in collaboration with the Bank of Italy, has in fact begun the payments of the first month 's single check for approximately 5 million beneficiary children, referring to approximately 3 million applications submitted between 1 January and 28 February 2022 . We remind you that the single and universal allowance is an economic support to families awarded for each dependent child up to the age of 21 , subject to certain conditions, and without age limits for disabled children. The allowance is defined as unique because it brings together the previous aid to families, except one, with a view to simplification. The amount due varies according to the econo...

  Negative Piazza Affari ballasted by the banks. Well DiaSorin (Teleborsa) - Session no for the Milan Stock Exchange , which does much worse than the other European markets, on a day characterized by a generally negative climate. The banks are weighing in on Piazza Affari , with the FTSE Italia All-Share Banks down by more than 4%. Excellent DiaSorin after the 2021 results above expectations and thanks to the upward revisions of the stock recommendations by various brokers. Positive Aeffe , which approved the 2021 financial statements , and Rai Way did not move much, with the Minister of Economic Development Giancarlo Giorgetti who spoke extensively about it in a hearing at the Parliamentary Supervisory Commission on Rai. Slightly higher for the Euro / US Dollar , which advanced to 1.105. Slight increase for gold , which shows a rise of 0.59%. Decisive rise in oil (Light Sweet Crude Oil) (+ 5.78%), which reaches 100.5 dollars per barrel. The spread rose , reaching +154 basis points...

  Weak European exchanges look to developments in Ukraine (Teleborsa) - The main European stock exchanges closed down on the day in which the Bank of England, after the Fed, announced an increase in interest rates. The Wall Street stock market moves slightly higher with the S & P-500 which shows an increase of 0.46%. On the currency market, positive session for the Euro / US Dollar , which is taking home a gain of 0.76%. Plus sign for gold , which shows an increase of 0.78%. Decisive rise in oil (Light Sweet Crude Oil) (+ 7.47%), which reaches 102.1 dollars per barrel. The spread slightly increased, reaching +151 basis points, showing an increase of 2 basis points, with the yield of the 10-year BTP equal to 1.90%. Among the substantially weak European lists , Frankfurt , which recorded a decline of 0.36%, London advanced by 1.25%; resistant Paris , which marks a small increase of 0.36%. The Milanese price list closes the session just below par, with the FTSE MIB filing 0.66%,...