😎 Summer Sale Exclusive - Up to 50% off AI-powered stock picks by InvestingProCLAIM SALE

Microsoft, BlackRock CEOs expected to attend G7 session in Italy

Published 06/12/2024, 11:52 AM
Updated 06/12/2024, 11:55 AM
© Reuters. FILE PHOTO: A general view of the entrance of the media centre established for the G7 summit in Bari, Italy, June 10, 2024. REUTERS/Alessandro Garofalo

BARI, Italy (Reuters) - The heads of U.S. corporate heavyweights Microsoft (NASDAQ:MSFT) and BlackRock (NYSE:BLK) are expected to attend talks on infrastructure development during the Group of Seven (G7) summit in southern Italy on Thursday, two sources familiar with the matter said.

Satya Nadella, the CEO of Microsoft, and Larry Fink, his counterpart at asset manager BlackRock, will be joined by Italian business figures including the heads of energy group Eni, utility Enel (BIT:ENEI) and state investment group CDP.

They will take part in talks on the G7 Partnership for Global Infrastructure and Investment to be held at the Borgo Egnazia venue on Thursday afternoon.

© Reuters. FILE PHOTO: A general view of the entrance of the media centre established for the G7 summit in Bari, Italy, June 10, 2024. REUTERS/Alessandro Garofalo

The session is expected to focus on development in Africa, one of the key themes of the June 13-15 summit of G7 leaders hosted by Italian Prime Minister Giorgia Meloni.

BlackRock declined to comment, while Microsoft was not immediately available for comment.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.