Claudio Descalzi’s nomination as chief executive officer of Eni SpA puts a life-long oil man in charge of Italy’s largest crude producer, demonstrating Prime Minister Matteo Renzi’s preference for technocrats over political appointees to run the country’s biggest companies.
The president of Confindustria , Italy’s biggest employers’ lobby, turned down an offer to become the country’s industry minister, the newspaper La Stampa reported, without saying where it got the information.
The European Union is poised to take its first formal steps to expand the world’s most ambitious limits on fossil fuel pollution. That may widen a rift in how it balances green policies with the need for cheaper power.
When Prime Minister Silvio Berlusconi spotted Emma Marcegaglia , the head of Italy’s main business lobby , in an audience of top executives last month, he introduced her from the podium as a “good-looking chick.”
The BusinessEurope employers’ federation called on Greek Prime Minister Antonis Samaras to use his country’s six-month presidency of the European Union to broker an agreement on rules for dealing with failing banks.