Analysis: ECB faces Italian debt test as politics intervenes
By Francesco Canepa and Giselda Vagnoni FRANKFURT/ROME – The European Central Bank seems almost certain to face a test of its resolve to rein in excessive bond yields in coming…
By Francesco Canepa and Giselda Vagnoni FRANKFURT/ROME – The European Central Bank seems almost certain to face a test of its resolve to rein in excessive bond yields in coming…
If you’re waiting for your illegal Italian snail dish at your favorite Italian restaurant in New Jersey, you might have to wait. That’s because on Friday, U.S. Customs and Border…
ROME – Italian Prime Minister Mario Draghi won a confidence motion in the upper house Senate on Wednesday, but three main coalition parties refused to take part in the vote,…
By Mike Dolan LONDON – There’s a weary acceptance among investors of almost inevitable market volatility around Italy’s latest political upheaval – but that’s where the hand-wringing tends to end…
ROME – Italian police on Saturday confirmed 11 people died when a glacier collapsed in the Alps in an incident being blamed on rising temperatures. Rescue teams had feared a…
MILAN – UniCredit CEO Andrea Orcel has taken direct responsibility for running the Italian bank’s domestic business after the board decided to remove the country’s head Niccolo Ubertalli, an internal…
By Valentina Za and Claudia Cristoferi MILAN – Leonardo Del Vecchio leaves a business empire worth 27 billion euros ($29 billion), ranging from the eyewear company that was his life’s…
By Claudia Cristoferi and Giulia Segreti MILAN -Italy’s Leonardo Del Vecchio, who rose from childhood poverty to build the eyewear empire that owns brands such as Ray-Ban and Oakley, has…
WEST HAVERSTRAW, NY – The Rockland County community lost a good man this weekend when Anthony Apostolico, owner of the Italian Food Center in West Haverstraw, was killed in a…
MILAN – Unions representing staff and cabin crew for Ryanair in Italy have called a 24-hour strike for June 25, coinciding with walkouts the budget airline is facing the same…
By Gavin Jones ROME – Italians were voting on Sunday for mayors in almost 1,000 towns and cities, providing an opportunity for far-right leader Giorgia Meloni to establish her dominance…
By Valentina Consiglio and Gavin Jones ROME -Italian industrial output was much stronger than expected in April, rising 1.6% from the month before after a 0.2% gain in March, data…
MILAN – UniCredit is well placed to withstand volatility in Italian government bonds, the group’s finance chief said on Wednesday, dismissing concerns about the impact of a recent widening in…
MILAN – A Milan court has ruled in favour of investment fund Blackstone and rejected an appeal by Italy’s RCS Mediagroup against an arbitral tribunal decision on the disputed sale…
A Euless woman pleaded guilty on Friday to embezzling more than $2.6 million from her former employer, an international global logistics and freight forwarding company, announced U.S. Attorney for the…
MILAN – Italy’s Zegna is aiming for revenue above 2 billion euros ($2.1 billion) in the medium term, up from the 1.29 billion euros posted last year, the fashion group…
EATONTOWN, NJ – If you moved to New Jersey from Staten Island or Brooklyn, you might have found yourself crossing the Arthur Kill or Hudson to get your favorite ravioli…
ABSECON, NJ – Hey kids in Absecon, be on the lookout for the cops! That’s because they’re now armed with vouchers for free ice cream cones at Rita’s Italian Ice.…
MILAN – Italy’s biggest private broadcaster MediaForEurope (MFE) said it expected “positive economic results” this year partly thanks to its ability to quickly trim costs were the fallout form the…
MILAN -Proceedings involving Italian bank Unicredit over alleged fraudulent diamond sales will start again from scratch, judicial sources said on Friday, increasing the risk many of the allegations could be…
MILAN – Italian investors led by Milanese asset manager Banca Mediolanum bought into an Hong Kong initial public offering by luxury yacht maker Ferretti, which saw Chinese investors take the…
ROME – An Italian study published on Tuesday suggests that efficient ventilation systems can reduce the transmission of COVID-19 in schools by more than 80%. An experiment overseen by the…
TOMS RIVER, NJ – After a two-year hiatus due to the COVID-19 pandemic, Rita’s Italian Ice is bringing back their free Italian ice on the first day of spring promotion…
MILAN – Italian lenders increased their domestic government bond holdings in January, European Central Bank data showed on Friday. Their portfolio rose to 419.62 billion euros ($468.84 billion) last month,…
ROME, Feb 25 – Morale amongst Italian manufacturers and consumers fell in February, coming in below analysts’ expectations and suggesting the economy has had a sluggish start to the year,…