Italy's Curbs Allow Pirelli Full U.S. Market Access

Italy's government has implemented curbs on Chinese investor influence over Pirelli, which industry minister Adolfo Urso stated will grant the tire maker full access to the U.S. market. These measures, enacted under Rome's 'golden power' rules, aim to safeguard strategic national interests while facilitating international business operations. The decision is expected to boost Pirelli's competitive standing in the crucial North American market, allowing for expanded business and potentially increased market share.