News Snapshot:
Ursula von der Leyen News – Italy Blocked Chinese Semiconductor Bid, Draghi Says Prime Minister Mario Draghi said he backs an extension of state protection for Italian businesses, after revealing that his government recently blocked a Chinese takeover of a semiconductor company. Draghi told reporters in Rome on Thursday that he’ll support an earlier call by Economic Development Minister Giancarlo Giorgetti for the country’s so-called Golden Powers rules to be extended to the automotive and steel sectors. The rules “must be used when necessary,” Draghi said. “There was a case recently in which the government decided — an Italian semiconductor...
