Italy - Factors to watch on March 5

The following factors could affect Italian markets on Wednesday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).For a complete list of diary events in Italy please click on .POLITICSItaly's government is open to changing its "golden power" legislation allowing intervention on mergers and takeovers, a cabinet undersecretary said on Tuesday, as part of efforts to cut red tape weighing on businesses.ECONOMYFebruary services PMI HCOB data (0845 GMT).ISTAT releases Q4 GDP final data (0900 GMT) and January retail sales data (1000 GMT).COMPANIESFTSE MIB share index releases results of quarterly review effective as of March 24.CAMPARI The Italian spirits group warned on Tuesday of the potential hit from U.S. tariffs in what it said would be a "transitional year" under its new chief executive.INWIT Italy's biggest mobile telecoms towers company reported on Tuesday a net profit of 353.8 million euros in 2024 and revenues of 1.04 billion euros. The board proposed a new share buyback plan for 400 million euros and a special dividend of 0.2147 euro per share.Conference call on full-year results (0900 GMT).MAIRE The Italian engineering group plans to list its unit Nextchem "sooner or later" , CEO Alessandro Bernini said on Tuesday, adding the right value for it is around 2 billion euros.The executive added that he expected 'zero effects' on the business from Trump's tariff plans. DEFENCE SECTOREurope's arms firms are ready and willing to step up to fill a defence gap left by U.S. President Donald Trump'spause on military aid for Ukraine, but getting there will take time and depend on how fast political pledges turn into contracts.AUTOMOTIVE SECTORA trade group representing nearly all major automakers warned on Tuesday that new 25% tariffs on imports from Canada and Mexico imposed by President Donald Trump will lead to drastic price hikes.TELECOM ITALIA (TIM) Releases FY results (preliminary results released on Feb. 12).DIARYRome, Chamber of Deputies holds 'question time' session with Interior Minister Matteo Piantedosi, Foreign Minister Antonio Tajani (1400 GMT).Rome, CyberSEC2025 event "AI, post-quantum cryptography, espionage and geopolitics: the new world of cybersecurity" starts (0800 GMT); ends on March 6. On Wednesday expected attendees include Cabinet Undersecretary Alessio Butti, National Cybersecurity Agency (ACN) Director General Bruno Frattasi, NATO Deputy Chief Information Officer for Cybersecurity Mario Beccia, Intelligence Parliamentary Committee COPASIR President Lorenzo Guerini, Telecom Italia (TIM) unit Telsy Chairman and CEO Eugenio Santagata, Olidata CEO Claudia Quadrino.Calvisano (Brescia), A2A holds inauguration ceremony for a new water purifier (0900 GMT).((Milan newsroom, e-mail: ))For Italian market data and news, click on codes in brackets:20 biggest gainers (in percentage)(.PG.MI)20 biggest losers (in percentage)(.PL.MI)FTSE IT allshare index FTSE Mib index.FTMIBFTSE Allstars index... FTSE Mid Cap index .FTITMCBlock trades .BLK.MIStories on Italy IT-LENFor pan-European market data and news, click on codes in brackets: European Equities speed guide...................EUR/EQUITY FTSEurofirst 300 index...............................FTEU3 DJ STOXX index.......................................STOXX Top 10 STOXX sectors............................PGL.STOXXS Top 10 EUROSTOXX sectors.......................PGL.STOXXES Top 10 Eurofirst 300 sectors....................PGL.FTEU3S Top 25 European pct gainers........................PG.PEUR Top 25 European pct losers.........................PL.PEUR Main stock markets: Dow Jones................DJI Wall Street report ......N Nikkei 225..............N225 Tokyo report.............T FTSE 100................FTSE London report............L Xetra DAX..............GDAXI Frankfurt market stories.F CAC-40..................FCHI Paris market stories....PA World Indices.....................................0#.INDEX Reuters survey of world bourse outlook.........EQUITYPOLL1 Western European IPO diary..........................WEUIPO European Asset Allocation........................EUR/ASSET Reuters News at a Glance: Equities...............TOP/EQE Main currency report:...............................FRX/