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Italian tourist shot dead after entering Rio slum on motorcycle

RIO DE JANEIRO An Italian tourist traveling South America by motorcycle was shot dead on Thursday after mistakenly entering a hillside slum in Rio de Janeiro.

Italy president starts talks to seek way out of political crisis

ROME Italy's president began talks with political leaders on Thursday to seek a way out of the political crisis caused by the resignation of Prime Minister Matteo Renzi.

World, 2:37pm EST

Italian bank Intesa to help fund Rosneft deal for Glencore and Qatar: sources

LONDON/MOSCOW Italian bank Intesa Sanpaolo is expected to provide a consortium of Qatar and commodities trader Glencore with sizeable funds to help finance their purchase of a stake in Russian oil company Rosneft, two sources familiar with the transaction said. | Video

Deals, Russia 1:09pm EST

Wall Street, bond prices jump as markets await ECB meeting

NEW YORK U.S. stocks jumped to record levels and bond prices climbed on Wednesday as investors prepared for the European Central Bank to signal an extension of its bond-buying at its Thursday meeting.

Dec 07 2016

Bracco, Guerbet looking for partners for Bayer radiology bids: sources

FRANKFURT Italian healthcare group Bracco is working on a potential bid for the radiology supplies unit that Germany's Bayer AG is considering selling, people close to the matter said.

Deals, Germany, Dec 07 2016

Rome, Cairo prosecutors meet in Regeni case, but no breakthrough

ROME Egyptian prosecutors investigating the murder of student Giulio Regeni gave their Italian counterparts a pile of new documents on Wednesday, but there has been no breakthrough in the case, a judicial source said.

World, Egypt Dec 07 2016

Airbus set to win Canadian deal for search-and-rescue aircraft: source

PARIS Canada is set to select Airbus Group to provide search-and-rescue (SAR) aircraft, a source familiar with the matter said on Wednesday, with Airbus beating Italy's Leonardo in winning the deal.

Aerospace & Defense, Dec 07 2016

Italy passes 2017 budget, paving way for PM Renzi's resignation

ROME The Italian parliament on Wednesday gave its final approval to the government's 2017 budget, which has irked the European Union, paving the way for Prime Minister Matteo Renzi to hand in his resignation.

World, Dec 07 2016

Exclusive: Italy preparing to take controlling stake in Monte dei Paschi - sources

ROME Italy is preparing to take a 2 billion euros controlling stake in Monte dei Paschi di Siena as the bank's hopes of a private funding rescue fade following Prime Minister Matteo Renzi's decision to quit, two sources close to the matter said on Tuesday.

Deals, Dec 07 2016

Italy readying state bailout for Monte dei Paschi bank: sources

ROME Italy is preparing a state bailout for Monte dei Paschi di Siena as the bank's hopes of being saved by private funding fade following Prime Minister Matteo Renzi's decision to quit, sources close to the matter said on Tuesday. | Video

Dec 06 2016
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Syrian army's Aleppo advance slows, but victory in sight

ALEPPO, Syria/BEIRUT The Syrian army's advance in Aleppo slowed on Thursday but a victory was still firmly in sight after President Bashar al-Assad vowed that retaking the city would change the course of the six-year-old war. | Video