Cryptoitaly

UniCredit CEO Andrea Orcel said he'll put his yearslong effort to buy Commerzbank on hold if his takeover bid fails to win him control over the lender. "If we do not reach control, we will take a pause, and we will focus on other topics that we have internally," Orcel said on Bloomberg Television.

Monte dei Paschi investors backed another term for ousted Chief Executive Officer Luigi Lovaglio, marking a victory for the veteran leader after the board tried to get rid of him. Bloomberg's Chiara Albanese has more.

Kering CEO Luca de Meo discusses the impact of the war in the Middle East on sales, the firm's partnership with ICCF, the Chinese owner of Icicle, and Demna's role as creative director of Gucci. Demna is "one of the greatest of his generation," de Meo says. "He has now in his hands one of the most beautiful brands in the sector, so I'm pretty optimistic that everything will work," he adds. De Meo speaks to Bloomberg's Caroline Connan in Florence, Italy.

Lucid has announced former head of Schindler Holding, Silvio Napoli, as its latest CEO alongside $750 million of new investment capital from Uber and Saudi Arabia's Public Investment Fund. He speaks with Ed Ludlow on "Bloomberg Tech."

Ousted Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio says he's "comfortable" with his decision to seek a new term and defy plans by the board of directors for a change at the top. He speaks on Bloomberg Television.

Poste Italiane's 10.8 billion ($12.5 billion) bid for full control of Telecom Italia moves forward much-needed consolidation that will strengthen Europe's telecom sector, the phone company's chief executive officer said in an interview. "The digital business is all about scale," CEO Pietro Labriola told Francine Lacqua. "You need to move fast and have strong financial backing."

UniCredit made a 35 billion ($40 billion) bid for Commerzbank that will allow it to increase its shareholding beyond 30%, easing the path for a potential future acquisition. Bloomberg's Tommaso Ebhardt reports.

Following strong sales growth in the US and a renewed focus on core brands, Italian drinks company Campari has raised its dividend and seen its stock make its biggest gain in months. 'We're putting all of our effort behind fewer brands and really driving it' says Simon Hunt, Campari's CEO. He spoke to Bloomberg's Francine Lacqua on 'The Pulse'.

Bloomberg's Romaine Bostick speaks to Nike's CEO Elliott Hill and Chief Design Officer Martin Lotti about how the company is relaunching its outdoor performance brand - ACG. They speak exclusively in Milan, Italy.