RIO DE JANEIRO/PARIS - Brazil’s Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country’s second-biggest wireless carrier and upstaging merger bids by foreign rivals.
NEW YORK - The euro rebounded from a 13-month low on Wednesday after a report suggested the European Central Bank might not introduce more stimulus next week while major U.S. stock indexes were little changed, with the S&P 500 clinging near the 2,000 milestone.
BRUSSELS - The European Commission said on Wednesday it would launch an EU version of Italy's sea rescue operation to help it deal with the droves of migrants crossing the Mediterranean in crowded boats from North Africa, something Italy has repeatedly called for.
- Aluminum producer Alcoa Inc said on Monday it will permanently close its Portovesme smelter on the Italian island of Sardinia.
LONDON/ROME - Saverio Costanzo, the Italian director of the New York City-set low-budget drama "Hungry Hearts" that will compete for the top prize at the Venice Film Festival opening this week, sees the exposure his film will get as a godsend.
ROME - Italy's maritime search and rescue service saved 3,500 migrants and found 19 corpses in the Mediterranean since Friday as thousands attempted to cross to Europe by boat over the weekend, the Italian navy said.
BERLIN/ROME - Germany and Italy joined Britain and France on Wednesday in saying they would arm Iraqi Kurdish security forces fighting Islamic State militants in northern Iraq, in close coordination with the Baghdad central government.
MILAN - Telecom Italia will hold a board meeting next week to discuss an offer to acquire Vivendi SA's Brazilian broadband unit GVT SA, a source close to the matter said on Tuesday.
- Italian-born American soprano Licia Albanese, whose technical skill and emotional intensity in works like "Madama Butterfly" and "La Traviata" made her a leading opera star, has died in New York City at age 105, her son said on Sunday.
ROME - Two boat migrants died among almost 1,500 rescued by Italy in the last 24 hours, authorities said on Friday as the total number reaching Italian shores this year passed 100,000.
KIEV - Ukraine accused Russia on Thursday of mounting an invasion in the southeast of the country in support of pro-Moscow separatist rebels.