By Francesca Landini MILAN – Italian aerospace and defence group Leonardo believes Russia’s invasion of Ukraine will accelerate plans to create European common defence capabilities and expects to see higher…
By Giuseppe Fonte ROME – Italy has ruled that state broadcaster RAI should retain a stake of at least 30% in its towers unit Rai Way, a draft government decree…
MILAN – The Milan-based luxury group Prada has suspended its retail operations in Russia, it said in a statement on Saturday, following a slew of other leading brands who have…
MILAN – Leading Italian insurer Generali said on Thursday it was pulling out of Russia after Moscow’s invasion of Ukraine, while Intesa Sanpaolo, Italy’s biggest bank, is reviewing its presence…
By Gavin Jones and Giuseppe Fonte ROME – Italy’s economy grew 6.6% last year following a record contraction of 9.0% in 2020, while the budget deficit and public debt came…
MILAN – Italy’s Defence Ministry has given its green light to a 380 million euro ($425.94 million) contract with a consortium of companies including Italian aerospace and defence group Leonardo,…
– Ukrainian President Volodymyr Zelenskiy said on Saturday Italian Prime Minister Mario Draghi had supported Russia’s disconnection from the global SWIFT payment system in a phone conversation with him. “This…
MILAN – Italy’s competition watchdog said on Thursday it had approved Telecom Italia’s unit FiberCop co-investment scheme aimed at boosting fiber rollout across the country. The watchdog said in a…
By Valentina Za, Pamela Barbaglia and Elisa Anzolin MILAN – Oaktree has hired Morgan Stanley to sell a stake in Banca Progetto in a deal that could value the challenger…
By Stephen Jewkes MILAN – Italy’s Saipem is set to take a more cautious approach to new green business after delays to a wind farm project helped to tip the…
(Repeats without changes) MILAN – Italy’s fifth-largest bank BPER Banca will present a new business plan after the closing of the deal for Carige, Chief Executive Piero Luigi Montani said…
MILAN – Italy’s Banco BPM has not received any information about a possible bid from bigger rival UniCredit, a source close to the bank said on Friday. Shares in Banco…
By Philip Pullella and Angelo Amante ROME – At a trial under way in Sicily, a 28-year-old Italian is seeking justice against a man he accuses of forcing him to…
ROME – Leonardo said on Tuesday it had suspended its search for a partner for the Italian defence group’s automation arm, as no offer had been made that could ensure…
MILAN – Italian luxury group Dolce&Gabbana will stop using fur in all its collections from this year, the fashion brand said on Monday in a joint statement with animal rights…
By Stephen Jewkes, Crispian Balmer and Vladimir Soldatkin MILAN/MOSCOW – Russian President Vladimir Putin stressed the importance of ties between Russia’s energy industry and Italy as he addressed Italian business…
MILAN – Italy’s biggest debt recovery firm doValue will aim to keep the amount of loans it manages stable at 160 billion euros ($180.5 billion) to the end of 2024,…
MILAN -Former Italian Prime Minister Silvio Berlusconi is in a Milan hospital for routine checks, his personal doctor said on Sunday, a day after the 85-year-old decided not to run…