Levi Strauss sues Italy’s Brunello Cucinelli over trademarked tab
By Jonathan Stempel (Reuters) – Levi Strauss has sued Brunello Cucinelli, accusing the Italian luxury fashion brand of infringing its trademarked rectangular pocket tab. In a complaint filed on Tuesday night in…
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 deficit and public debt came in below…
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 aerospace and defence group Leonardo, aero-engine parts…
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 phone conversation with him. “This is the…
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. The watchdog said in a statement it…
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 that could value the challenger bank at…
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 project helped to tip the energy contractor…
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 Executive Piero Luigi Montani said in a…
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 on Friday. Shares in Banco BPM climbed…
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 accuses of forcing him to perform sex…
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 been made that could ensure it a…
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 joint statement with animal rights association Humane…
Putin talks up energy ties in address to Italy’s business elite
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 leaders in…
Italy’s doValue aims for 6% loan recovery rate by 2024
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, while improving…
Italy’s Berlusconi in hospital for routine tests, his doctor says
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 for president.…
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