US OKs potential sale of missiles and bombs to Italy, Pentagon says
WASHINGTON (Reuters) – The U.S. State Department has approved the potential sale to Italy of air-to-air missiles and small diameter bombs, the Pentagon said on Thursday. Italy has requested to buy 125…
Italy state railway adds 300-euro bonus to help staff with cost of living
MILAN (Reuters) – Italy’s state railways company Ferrovie dello Stato said on Friday it will grant its staff a 300 euro additional bonus this year under a scheme approved by the government…
Italy to press ahead with plans to sell ITA despite MSC snub
ROME (Reuters) – Italy’s government will press ahead with plans to sell a majority stake in airline ITA Airways, the successor to Alitalia, Economy Minister Giancarlo Giorgetti said on Tuesday, after shipping…
Italy to press ahead with plans to sell ITA despite MSC snub
ROME (Reuters) – Italy’s government will press ahead with plans to sell a majority stake in airline ITA Airways, the successor to Alitalia, Economy Minister Giancarlo Giorgetti said on Tuesday, after shipping…
Pope Francis goes back to his roots in visit to northern Italy town
PORTACOMARO, Italy (Reuters) – Pope Francis went back to his roots on Saturday, visiting the northern area of Italy his ancestors left for Argentina and dropping in on an older cousin to…
Italy court rejects Google’s appeal against watchdog fine, accepts Apple’s one
MILAN (Reuters) – An Italian administrative court on Friday rejected an appeal by Alphabet’s Google against a decision by Italy’s antitrust authority to fine the group, but accepted iPhone maker Apple’s appeal…
Italy October EU-harmonised CPI revised to +12.6% y/y
(Reuters) – Italian EU-harmonised consumer prices (HICP) rose 3.8% month-on-month in October and were up 12.6% from the year earlier, official statistics agency ISTAT said on Wednesday, revising down preliminary data. The…
Italy names former Treasury official to head ITA Airways
ROME (Reuters) -The Italian economy ministry on Wednesday said it would appoint former Treasury official Antonino Turicchi as chairman of state-owned carrier ITA Airways, the successor to Alitalia. Turicchi, who also sat…
France, Italy call for good ties, but discord over migrants remains
PARIS (Reuters) -The presidents of France and Italy on Monday stressed the importance of having good relations between the two neighbours and European Union allies after harsh words from both sides over…
Italy plans at least 15 billion euro package to tame energy costs in 2023 budget -sources
By Giuseppe Fonte ROME (Reuters) – Italy plans to set aside at least 15 billion euros ($14.6 billion) in its 2023 budget to soften the impact of sky-high energy costs on firms…
Italy delays EU-required justice reform, scraps vaccine mandate for medics
By Angelo Amante and Emilio Parodi ROME (Reuters) – Italy’s new government on Monday delayed the application of a justice reform required to obtain European post-pandemic funds and scrapped a COVID-19 vaccine…
Italy gets GDP boost as govt pledges action against inflation
By Gavin Jones and Giuseppe Fonte ROME (Reuters) -Italy’s economy performed unexpectedly well in the third quarter, data showed on Monday, offering a welcome boost for the country’s new government as it…
Italy consumer morale at 9-year low as Meloni takes charge
ROME (Reuters) – Morale amongst Italian businesses and consumers fell in October, data showed on Thursday, underscoring the challenges facing new Prime Minister Giorgia Meloni who has inherited a rapidly slowing economy.…
Amazon files legal complaints in Italy, Spain against fake review brokers
MILAN (Reuters) -U.S. e-commerce giant Amazon said on Thursday it had filed legal complaints in Italy and Spain as it steps up efforts globally to shut down fake review brokers. Amazon has…
New Italy government will be pro-NATO, pro-Europe, says Meloni
By Angelo Amante and Crispian Balmer ROME (Reuters) -Giorgia Meloni, who is expected to be Italy’s next prime minister, threw down the gauntlet to her right-wing coalition partners on Wednesday, saying her…
Italy budget watchdog sees GDP shrinking by 0.2% in third quarter
ROME (Reuters) – The Italian economy is set to shrink by 0.2% in the third quarter of the year, the Italian parliament’s budget watchdog said on Wednesday, adding it expected growth of…
Italy lower house elects pro-Putin right-winger as speaker
By Angelo Amante and Crispian Balmer ROME (Reuters) -A pro-Russia, anti-gay politician was elected speaker of Italy’s lower house of parliament on Friday, a day after a nationalist lawmaker who collects fascist…
Stellantis output in Italy to fall in 2022 for a fifth year, union says
MILAN (Reuters) – Carmaker Stellantis is expected to see its vehicle production in Italy fall for a fifth year in a row in 2022, mainly due to stoppages caused by a prolonged…
Italy industry output posts surprise jump in August
ROME, Oct 11 (Reuters) – Italian seasonally and workday-adjusted industrial output was much stronger than expected in August, jumping 2.3% from the month before, but the three month rolling average remained negative,…
Italy business lobby cuts 2023 economy growth forecast to zero on energy concerns
MILAN (Reuters) – The Italian economy will grow more than expected in 2022 but will stagnate in 2023, the country’s main business lobby said on Saturday, warning that tensions between the European…
Italy retail sales fall 0.4% m/m in August
(Reuters) – Italian retail sales fell 0.4% in August from the month before, data showed on Friday, following a 1.3% rise in July. Sales rose 4.3% in unadjusted year-on-year terms in August,…
Italy freezes real estate owned by two Russian oligarchs -sources
MILAN (Reuters) – Italy on Monday froze some real estate properties owned by two Russian oligarchs in the luxurious seaside resort of Portofino, in Sirmione on Lake Garda and in Rome, two…
Italy extends deadline for ITA Airways takeover talks, sources say
MILAN (Reuters) – Italy has extended to Oct. 31 the deadline for exclusive talks with a consortium led by U.S. private equity fund Certares over a majority stake in ITA Airways, two…
ECB policymakers see no need to aid Italy with new scheme: sources
FRANKFURT (Reuters) – European Central Bank policymakers see no need to step in and buy more Italian government bonds via a new emergency scheme despite a rise in the country’s borrowing costs…
Italy will not recognise outcome of Russian ‘referenda’ – Draghi
ROME (Reuters) – Italy will not recognise the outcome of the “referenda” in Russian-controlled areas of Ukraine, Prime Minister Mario Draghi told Ukrainian President Volodymyr Zelenskiy on Thursday. The message was conveyed…
Italy sees 2023 deficit below 5% of GDP despite slashing growth outlook, sources say
By Giuseppe Fonte ROME (Reuters) – Italy sees its 2023 budget deficit below 5% of national output despite a darkening economic outlook triggered by the energy crisis, three sources close to the…
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