Twitter removes rape video posted by Italy’s Meloni
ROME (Reuters) – Twitter removed on Tuesday a video of a Ukrainian woman being raped by a migrant in an Italian city that was posted …
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Italy’s PD pledges ‘dowry’ for young people in election manifesto
By Gavin Jones ROME (Reuters) – Italy’s centre-left Democratic Party (PD) will offer teenagers a “dowry” of up to 10,000 euros ($10,035) when they turn …
Meloni says would be honour to be Italy’s first female PM
ROME – Italy’s far-right leader Giorgia Meloni said it would be a “great honour” if she were the first woman to lead the country, with …
Italy’s communication authority fines Google over gambling advertising
MILAN – Italy’s communication authority said on Tuesday it had fined tech giant Google, owned by parent company Alphabet, 750,000 euros ($766,350) for allegedly breaching …
Italy’s antitrust probes Samsung over alleged unfair commercial practices
MILAN – Italy’s antitrust authority said on Wednesday it had opened an investigation against Samsung in Italy and two other companies over alleged misleading and …
S&P revises Italy’s outlook to stable from positive
(Reuters) – S&P Global Ratings said on Tuesday it had revised its outlook on its unsolicited BBB/A-2 ratings on Italy to stable from positive. The …
Italy’s Fincantieri reports 16% growth in H1 revenues
MILAN – Italian shipbuilder Fincantieri reported on Tuesday 16% growth in revenues to 3.5 billion euros ($3.54 billion) in the first half of this year …
Italy’s ‘Super Mario’ Draghi undone by political infighting
ROME – Mario Draghi, the central banker turned Italian prime minister, won plaudits for his calm leadership as Italy emerged from the coronavirus crisis but …
Analysis-ECB bond aid plan’s fault lines exposed by Italy’s political crisis
By Francesco Canepa FRANKFURT – A government crisis in Italy is complicating a politically sensitive plan devised by the European Central Bank to support indebted …
Italy’s AMCO to buy 1.4 billion euros of non-performing leasing credits from Intesa
MILAN – Italy’s state-owned bad loan specialist AMCO said on Friday it had signed an agreement with lender Intesa Sanpaolo to purchase a portfolio of …
Italy’s De Nora delivers on IPO, but prices at bottom of range
MILAN – Industrie De Nora will become the first company to debut on Italy’s main market since Russia’s invasion of Ukraine derailed new listings, though …
Benettons, Blackstone obtain Italy’s green light on Atlantia takeover bid
MILAN – The Benetton family and U.S. fund Blackstone secured a green light from the Italian government for their takeover offer for infrastructure group Atlantia, …
Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank
By Valentina Za MILAN – State-owned Monte dei Paschi di Siena (MPS) on Thursday announced a 2.5 billion euro ($2.6 billion) cash call under new …
Italy’s borrowing costs unjustifiably high: ECB’s Visco
MILAN – Italy’s borrowing costs are unreasonably high so European Central Bank support to temper yields on the bloc’s periphery is fully justified, Italian central …
Benetton, Blackstone on track to secure Italy’s nod for Atlantia bid – sources
By Giuseppe Fonte and Francesca Landini ROME – The Benetton family and U.S. fund Blackstone are on track to secure the green light from the …
Stellantis to halt Italy’s key Melfi plant next week due to chip shortage
MILAN – Carmaker Stellantis will again stop operations at its key Melfi plant in southern Italy next week, a union representative said on Wednesday, citing …
Business lobby sees 2% hit on Italy’s GDP if Russia stops gas
MILAN – Italy’s business lobby Confindustria forecasts an almost 2% hit on the country’s gross domestic product (GDP) on average per year in 2022 and …
Italy’s TIM, CDP eye preliminary deal on single network, sources say
MILAN – Telecom Italia (TIM) is eyeing a preliminary agreement with state lender CDP over a long-held plan to merge TIM’s network assets with those …
Benetton, Blackstone seek green light from Italy’s govt for Atlantia bid
By Giuseppe Fonte and Francesca Landini ROME – The Benetton family and U.S. fund Blackstone have notified the Italian government about their takeover offer for …
Italy’s Draghi to meet Biden as coalition frets over arms to Ukraine
By Gavin Jones ROME – Italian Prime Minister Mario Draghi heads to Washington on Tuesday to meet U.S. President Joe Biden against an awkward domestic …
Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank
MILAN – An appeals court on Friday acquitted all 13 defendants, as well as Deutsche Bank and Nomura, over derivative deals that prosecutors alleged helped …
Italy’s Fincantieri reports sales rise as CEO prepares to leave
MILAN -Italy’s Fincantieri said sales rose 18% from a year earlier in the first quarter to 1.7 billion euros ($1.8 billion) driven by a strong …
Soccer – World Cup woes continue for Italy’s European champions
By Peter Hall – Italy broke English hearts last July as they won the European Championship final but after failing to qualify for the World …
Italy’s Intesa puts $6.3 billion of Russia, Ukraine loans under microscope
By Valentina Za MILAN – Intesa Sanpaolo said on Wednesday that its loans to Russian and Ukrainian clients amounted to 5.1 billion euros net of …
Stellantis to slow work at Italy’s Melfi plant as chips run short
MILAN – A worsening in microchip supply conditions triggered by Russia’s invasion of Ukraine will prompt carmaker Stellantis to slow operations at its key Melfi …
Italy’s Leonardo sees Ukraine crisis accelerating EU defence project
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 …
Italy’s state TV to hold at least 30% stake in towers unit
By Giuseppe Fonte ROME – Italy has ruled that state broadcaster RAI should retain a stake of at least 30% in its towers unit Rai …
Italy’s Prada says it is suspending retail operations in Russia
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 …
Italy’s Generali to pull out of Russia as Intesa reviews business
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 …
Italy’s public finances improve in 2021 as growth rebounds
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 …
Leonardo, Avio Aero, Lockheed sign 380 million euro contract with Italy’s air force
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 …
Italy’s Draghi supports Russia’s disconnection from SWIFT -Zelenskiy
– 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 …
Italy’s competition watchdog clears Telecom Italia fiber scheme
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. …
Oaktree hires Morgan Stanley to find investor in Italy’s Banca Progetto – sources
By Valentina Za, Pamela Barbaglia and Elisa Anzolin MILAN – Oaktree has hired Morgan Stanley to sell a stake in Banca Progetto in a deal …
Italy’s Saipem to rethink green drive after profit warning, sources say
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 …
Italy’s BPER to present new plan after Carige deal closes – CEO
(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 …
Italy’s Banco BPM has no information about potential UniCredit bid – source
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 …
Italy’s Catholic Church faces pressure for independent abuse inquiry
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 …
Italy’s Leonardo suspends search for automation division partner
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 …
Italy’s Dolce & Gabbana to ditch fur
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 …