Italy's UniCredit reports record profits in Q3

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Italy's UniCredit reports record profits in Q3

STORY: Italy's UniCredit reports record profits in Q3 DATELINE: Oct. 26, 2023 LENGTH: 00:01:07 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of UniCredit in Rome STORYLINE: Italian banking giant UniCredit on Tuesday reported a remarkable 67.7 percent surge in profits for the first three quarters of 2023 compared to the previous year. The bank's net profit for the first nine months reached 6.7 billion euros (7.1 billion U.S. dollars), with the third quarter leading the way with a net profit of 2.3 billion euros, up 36 percent year-on-year, the Milan-based bank said in a press release. While UniCredit exceeded profit expectations and raised revenue forecasts, it maintained its full-year profit guidance at 7.25 billion euros. UniCredit is Italy's second-largest bank only after Banca Intesa Sanpaolo in terms of total assets. UniCredit's shares traded as much as 2.1 percent higher in trading Tuesday, before settling down to a 1.4-percent increase. Despite the surge from UniCredit's

  • Product Code
  • ILEA001910580
  • Registered date
  • 2023/10/26 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • × pixel
  • Deployment size
  • (KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Egypt expects 2 bln USD in revenue from expat customs-free car import initiative

    STORY: Egypt expects 2 bln USD in revenue from expat customs-free car import initiative SHOOTING TIME: June 20, 2024 DATELINE: June 21, 2024 LENGTH: 00:00:58 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egyptian Finance Minister Mohamed Maait 2. various of an Egyptian port 3. various of new cars STORYLINE: Egyptian Finance Minister Mohamed Maait said on Thursday that the applications registered by expats, with an aim of benefiting from the zero-customs car import initiative, push expectations to about 2 billion U.S. dollars in revenue. The minister said that more than 250,000 "import approvals" have been issued, and over 35,000 imported cars have been released so far. The initiative allows expatriates to bring one personal-use vehicle to Egypt without incurring customs duties or taxes, including the value-added tax (VAT). Egyptians living abroad should make a five-year bank deposit in foreign currency. After five years, expatriates can withdraw their money in Egyptian pounds accor

      Former Thai PM Thaksin granted bail after indictment in royal insult case

      STORY: Former Thai PM Thaksin granted bail after indictment in royal insult case SHOOTING TIME: June 18/Feb. 18, 2024 DATELINE: June 18, 2024 LENGTH: 00:00:57 LOCATION: Bangkok CATEGORY: POLITICS SHOTLIST: 1. various of the press briefing of the Thai attorney-general's office 2. various of a car carrying Thaksin leaving a police hospital on Feb. 18, 2024 STORYLINE: Thailand's former Prime Minister Thaksin Shinawatra was granted bail on Tuesday, the country's criminal court said, following a formal indictment on his charge of royal insult. Thaksin has been released during trial on bail of 500,000 baht (about 13,600 U.S. dollars) under the condition that he is prohibited from leaving the kingdom unless permitted, a court statement said. According to the Thai Attorney-General, Thaksin is alleged to have defamed the monarchy during an interview with foreign media in 2015, which violated lese majeste and computer crime laws. The 74-year-old former prime minister returned to Thailand from self-exile last yea

        Visitor arrivals to Hong Kong up 20 pct in May

        STORY: Visitor arrivals to Hong Kong up 20 pct in May SHOOTING TIME: Recent footage DATELINE: June 18, 2024 LENGTH: 00:00:41 LOCATION: HONG KONG, China CATEGORY: ECONOMY SHOTLIST: 1. various of tourists in Hong Kong, China STORYLINE: Hong Kong saw about 3.4 million visitor arrivals in May, up around 20 percent year on year, the Hong Kong Tourism Board said Monday. In the first five months of this year, Hong Kong registered about 18 million tourist arrivals, an increase of about 80 percent year-on-year, the tourism board said in a press release. The initial data showed that in May, Hong Kong recorded about 2.63 million visitor arrivals from the Chinese mainland, up 15 percent from last year. The number of visitors outside the mainland saw a year-on-year increase of 43 percent to about 770,000. Xinhua News Agency correspondents reporting from Hong Kong, China. (XHTV)

          World Bank cuts 2024 growth forecast for Japan

          STORY: World Bank cuts 2024 growth forecast for Japan SHOOTING TIME: Recent footage DATELINE: June 13, 2024 LENGTH: 00:01:06 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: The World Bank has cut its economic growth forecast for Japan for 2024 to 0.7 percent from 0.9 percent, while lifting the global growth outlook for the year to 2.6 percent from 2.4 percent, local media reported. The Japan growth forecast fell 0.2 percentage point from the previous estimate in January due to sluggish consumption growth and slowing exports, as well as a halt in growth in demand from foreign tourists, Jiji Press said Tuesday, citing the World Bank's latest Global Economic Prospects report. Japan's economic growth is projected to rise to 1.0 percent in 2025, as consumption is expected to improve moderately, it added. Meanwhile, the global economy would avoid a third consecutive drop in real GDP growth since a major post-pandemic jump in 2021, with 2024 growth stabilizin

            Türkiye fines Google nearly 15 mln USD over hotel searches

            STORY: Türkiye fines Google nearly 15 mln USD over hotel searches SHOOTING TIME: June 10, 2024 DATELINE: June 11, 2024 LENGTH: 00:01:03 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Google 2. various of people using Google 3. various of Google STORYLINE: Türkiye's Competition Board fined U.S. tech giant Google 482 million liras (around 14.88 million U.S. dollars) on Monday for failing to comply with an injunction related to hotel search queries. The regulatory body said in a statement that Google had not implemented "precautionary measures suggested for hotel searches," blocking competing local search engines on its platform and undermining fair competition. The fine comes after the competition board launched an investigation into Google in March and imposed a daily fine of 0.05 percent of its 2023 revenue starting from mid-April until it complied with the injunction. The move follows a similar decision by the watchdog in March, when it issued an interim injunction against social m

              Italy's growth forecast for 2024 revised up to 1 pct: ISTAT

              STORY: Italy's growth forecast for 2024 revised up to 1 pct: ISTAT SHOOTING TIME: June 7, 2024 DATELINE: June 8, 2024 LENGTH: 00:00:41 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of Italy STORYLINE: The Italian economy is expected to grow by 1 percent this year, the country's National Institute of Statistics (ISTAT) said on Thursday, revising up a previous 0.7 percent projection. The country's gross domestic product (GDP) growth rate "will be supported by the contribution of both domestic net demand of inventories and net foreign demand," ISTAT said in its report. Italy, the third largest economy in the European Union after Germany and France, will then expand by 1.1 percent in 2025. Overall, ISTAT said that private consumption in the country continues to be supported by the strengthening of the labor market and an increase in real wages. "These dynamics will lead to a growth of 0.4 percent in household consumption in 2024 and of 1 percent in 2025," it said. The labor market is also expected

                Australian minimum wage to rise by 3.75 pct

                STORY: Australian minimum wage to rise by 3.75 pct SHOOTING TIME: June 4, 2024 DATELINE: June 6, 2024 LENGTH: 00:01:31 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of Fair Work Commission (FWC) office 2. various of Australians in different professions 3. various of the Australian Bureau of Statistics (ABS) building STORYLINE: Australia's minimum wage will rise by 3.75 percent from the start of July, industrial relations tribunal the Fair Work Commission (FWC) ruled on Monday. From July 1, the minimum wage will increase from 23.23 Australian dollars (15.47 U.S. dollars) per hour to 24.10 Australian dollars (16.05 U.S. dollars) per hour, or 915.90 Australian dollars (609.99 U.S. dollars) per week based on a 38-hour week, FWC said. According to the commission, 20.7 percent of the Australian workforce, or approximately 2.6 million people, are paid minimum wage rates. After accounting for flow-on effects, the FWC estimates that the increase to the minimum wage will affect a quarter of a

                  Meloni boasts 60 pct decrease in illegal refugee arrivals in Italy

                  STORY: Meloni boasts 60 pct decrease in illegal refugee arrivals in Italy SHOOTING TIME: June 5, 2024 DATELINE: June 5, 2024 LENGTH: 00:00:37 LOCATION: Rome CATEGORY: POLITICS SHOTLIST: 1. various of migrants in Rome STORYLINE: Migrant arrivals in Italy are down by 60 percent so far this year compared to the same period in 2023, Italian Prime Minister Giorgia Meloni said Tuesday. This trend was due to Italy's deals with North African states, the prime minister told her cabinet of ministers. Figures from the United Nations High Commissioner for Refugees (UNHCR) appear to support Meloni's claim, showing that just over 21,000 would-be asylum seekers landed in Italy over the first five months of the year. This is compared to nearly 50,400 over the same period a year earlier, representing a decrease of 58.3 percent. Meloni said the decrease was due to diplomatic deals between Italy and Tunisia and Libya, the two main points of departure for refugees seeking asylum in Italy. According to news reports

                    Italy hosts record-breaking number of tourists in 2023

                    STORY: Italy hosts record-breaking number of tourists in 2023 SHOOTING TIME: June 4, 2024 DATELINE: June 5, 2024 LENGTH: 00:00:47 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of tourists in Rome STORYLINE: Italy set an all-time record for tourist arrivals last year, with numbers surpassing pre-pandemic levels for the first time, the government's statistics entity reported Tuesday. ISTAT, the Italian Statistics Institute, said the country hosted more than 134 million tourists in 2023, amounting to a total of more than 450 million overnight stays. This represents 3 million more arrivals and 14.5 million more overnight stays than in 2019, the last year before the COVID-19 pandemic, accounting for increases of 2.3 percent and 3.3 percent, respectively. Compared to 2022, the tourism figures rose by 13.4 percent and 9.5 percent, respectively. According to the data, the most popular Italian region for tourism last year was Veneto, famous for the canal city of Venice. Veneto attracted 21.1 mil

                      Italy experiences over decade of growth marred by growing inequality

                      STORY: Italy experiences over decade of growth marred by growing inequality SHOOTING TIME: June 3, 2024 DATELINE: June 4, 2024 LENGTH: 00:00:51 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Italy 2. various of streets in Rome STORYLINE: While wealth in Italy grew over the last 15 years, the economic gap between high-income and medium-income families has also widened, a national report recently showed. Italy is the third largest economy in the European Union (EU) after Germany and France, and its total net wealth increased by about 14 percent between 2010 and 2023, according to the latest Bank of Italy's annual report. However, the distribution of wealth was increasingly uneven and mostly benefitted the wealthiest 10 percent of households, while middle-class families saw their relative share of wealth decrease. In terms of wealth distribution, Italy's population can be divided into three groups (top, medium, and bottom group), the central bank said. The top 10 percent of households