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Agnieszka Flak

Feb 03 2017

Telecom Italia reports 14 percent rise in core earnings

MILAN Telecom Italia on Friday posted a better than expected 14.4 percent rise in full-year core earnings, helped by cost cuts and its domestic operations returning to growth.

Feb 02 2017

Ferrari races to new high after earnings top forecast

MILAN Ferrari shares raced to a new high on Thursday after the Italian sports car maker beat quarterly sales and earnings estimates, and gave stronger than expected forecasts for 2017.

Feb 01 2017

LVMH to tighten grip on eyewear business with Marcolin deal

MILAN French luxury goods group LVMH will set up a design and manufacturing joint venture with spectacles maker Marcolin, and take a 10 percent stake in the Italian company, to give it more control over its prestigious eyewear brands.

Jan 26 2017

Fiat Chrysler says to halve debt as recovery builds

MILAN Fiat Chrysler Automobiles (FCA) pledged on Thursday to nearly halve net debt this year, much more than expected as rising sales and profits put it on course to deliver much of an ambitious turnaround plan by the end of 2018.

Jan 13 2017

Threat of U.S. emission fines leaves Fiat Chrysler investors wary

MILAN Concerns about the potential size of fines facing Fiat Chrysler Automobiles following U.S. accusations of misleading regulators on diesel car emissions is likely to put off investors until the matter is settled, analysts said on Friday.

Jan 13 2017

Diesel emissions inquiries widen to Renault and Fiat

PARIS/MILAN European carmakers were drawn into a widening probe of diesel emissions testing on Friday, with French prosecutors examining Renault and British authorities seeking answers from Fiat Chrysler Automobiles NV. | Video

Dec 27 2016

Lactalis launches buyout bid to delist Parmalat

MILAN France's Lactalis, the world's largest dairy firm, said on Tuesday it was launching a buyout offer for shares in Italian group Parmalat it does not already own, with the aim to delist the company from the Milan stock exchange.

Dec 13 2016

Bollore turns up the heat on Berlusconi over Mediaset stake

MILAN/PARIS French tycoon Vincent Bollore has raised the stakes in a battle with Silvio Berlusconi's Mediaset by saying Vivendi could buy up to a fifth of the Italian broadcaster, stirring talk of a hostile takeover bid.

Dec 13 2016

Mediaset fears takeover attempt as Vivendi targets 20 percent stake

(This version of the story corrects to add dropped "former" from Berlusconi's title in paragraph four)

Dec 08 2016

UniCredit sells Polish assets ahead of share issue

WARSAW/MILAN Italy's biggest lender UniCredit has agreed to sell its Polish assets for 2.5 billion euros (£2.1 billion), improving its financial standing ahead of share issue at a time of political instability at home.

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