MILAN - Tiremaker Pirelli is on track to be de-listed from the Italian bourse, where its shares have been trading since 1922, following the end of a mandatory offer launched by an investment vehicle controlled by China National Chemical Corp (ChemChina).
ROME - The Italian Senate voted on Tuesday to curtail its powers in a victory for Prime Minister Matteo Renzi, who has overcome determined opposition to push through the reform that he says will make the country more governable.
MILAN - Italian finance police arrested a high-ranking politician in the Lombardy regional government for corruption on Tuesday just before he was due to attend a conference promoting legality in the public administration.
LONDON - The blind Italian tenor Andrea Bocelli has sold 85 million albums and is the best selling singer of all time on the classical charts, but at age 57, this year could be shaping up into one of his biggest ever. | Video
MILAN - Italian luxury carmaker Ferrari expects its U.S. initial public offering to be priced in a range of between $48 and $52 per share, which could value the company at up to $9.8 billion, it said.
WASHINGTON - France, Germany, Italy, Spain, Britain and the United States on Friday endorsed a national unity government in Libya as proposed by the United Nations to end the conflict between two rival governments in the war-torn country.
- Italian sports car maker Ferrari's U.S. IPO is expected to raise as much as $900 million at the planned price range of $48-$52 per share.
MILAN - Italy's Treasury set a price range for the initial public offering of the post office that values it at up to 9.8 billion euros ($11 billion), in what will be the country's biggest privatization in a decade.
ROME - Italy sent a first group of Eritrean asylum seekers to Sweden on Friday as part of a European Union relocation plan aimed at easing the burden on border states amid the continent's biggest migration crisis since World War Two.
UNITED NATIONS/GENEVA - U.N. Secretary-General Ban Ki-moon has disregarded a request from a large number of member states to keep the U.N. high commissioner for refugees in his job for an extra year to cope with the worsening refugee crisis, diplomats said.
BEIRUT - Syria's army along with Iranian and Hezbollah allies will soon launch a ground attack supported by Russian air strikes against insurgents in the Aleppo area, two senior regional officials told Reuters on Tuesday. | Video