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Italy Raises Security Alert at Musk's Tesla Dealers After Blaze
Italy Raises Security Alert at Musk's Tesla Dealers After Blaze

Bloomberg

time03-04-2025

  • Automotive
  • Bloomberg

Italy Raises Security Alert at Musk's Tesla Dealers After Blaze

By and Donato Paolo Mancini Save Italian authorities have raised security alert levels at Tesla Inc. dealerships across the country, according to people familiar with the matter, after a blaze at one of Elon Musk's electric-vehicle stores in Rome left more than a dozen cars damaged earlier this week. The interior ministry has written to police precincts ordering them to increase security at Tesla stores, the people said, an indication that authorities have concerns that more may be targeted in further incidents.

Italy's Bond Angst Shapes Meloni Strategy From Defense to Banks
Italy's Bond Angst Shapes Meloni Strategy From Defense to Banks

Bloomberg

time11-03-2025

  • Business
  • Bloomberg

Italy's Bond Angst Shapes Meloni Strategy From Defense to Banks

By , Donato Paolo Mancini, and Sonia Sirletti Save For Italian Prime Minister Giorgia Meloni, the debt crisis that caused Silvio Berlusconi's downfall remains such an unnerving memory that it keeps driving her decision-making. From boosting defense spending to fretting over insurer Assicurazioni Generali SpA and trying to direct banking consolidation, the premier's approach is shaped by the still-vivid trauma of seeing her political mentor felled by financial markets more than a decade ago, according to people familiar with her thinking.

Italy Is Getting Cold Feet Over Deal to Use Musk's Starlink
Italy Is Getting Cold Feet Over Deal to Use Musk's Starlink

Bloomberg

time05-03-2025

  • Business
  • Bloomberg

Italy Is Getting Cold Feet Over Deal to Use Musk's Starlink

By , Alessandra Migliaccio, and Donato Paolo Mancini Save The Italian government is having growing doubts about closing a €1.5 billion ($1.6 billion) deal with Elon Musk's Starlink in light of the US pullback from commitments to European security, people familiar with the matter said. Possible alternatives to Starlink for secure satellite-based communications to the government include Eutelsat Communications SA, according to the people, who asked not to be identified because the talks are confidential. Musk, a close ally of US President Donald Trump, is also seen as an unreliable partner by some in Meloni's administration, they said.

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