PARIS/MILAN - European missile maker MBDA edged towards its biggest shake-up in over a decade on Friday as Airbus Group signaled interest in expanding its share, while Italy's Finmeccanica said it would be open to selling its stake.
VATICAN CITY - Pope Francis on Sunday appealed for the release of an Italian Jesuit priest and two Orthodox bishops kidnapped in Syria two years ago, asking leaders to work for the freedom of all those abducted there.
LONDON/MILAN - Britain's Pearson is in talks to sell its 50 percent stake in The Economist to the other shareholders of the weekly newspaper, with one, Italy's Agnelli family, confirming it wants to increase its stake.
ROME - The ancient city of Pompeii was off limits to the public on Friday morning and Rome's Colosseum temporarily closed on Thursday amid a rumbling dispute between Italy's Culture Ministry and workers.
ROME - Up to 40 African migrants were feared drowned after their inflatable boat sank near the Libyan coast, survivors told the United Nations refugee agency on Thursday after reaching Italy.
MILAN - Italian sportscar maker Ferrari has taken a step closer to a stock market listing in New York, as its parent Fiat Chrysler Automobiles (FCA) seeks to boost its own coffers to fund an ambitious 48 billion euro ($53 billion)investment plan.
LONDON - Any Italian will tell you: pasta is healthy and makes you feel good. But what about spaghetti made from cannabis?
MILAN - Lavazza, the world's seventh-biggest coffee roaster, has offered to buy French brand Carte Noire for around 800 million euros ($872 million) in a deal that would treble the Italian company's turnover in France, sources close to the matter said.
ROME - Italian police said on Wednesday they had seized assets worth 2 billion euros ($2.2 billion) and issued 41 arrest warrants in raids on gambling companies in Italy and abroad run by the 'Ndrangheta mafia organization.
NEW YORK - Billionaire investor Warren Buffett said on Tuesday that media reports that he and Italian real estate agent Alessandro Proto together purchased the island of St. Thomas, southwest of Athens, are "a total fabrication."
PESHAWAR, Pakistan - At the Taliban meeting this week where Mullah Akhtar Mohammad Mansour was named as the Islamist militant group's new head, several senior figures in the movement, including the son and brother of late leader Mullah Omar, walked out in protest.