Shareholders hint at shake-up of missile maker MBDA


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.

Pope calls for release of priest, bishops abducted in Syria

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.

Pearson says in talks to sell its 50 percent stake in The Economist

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.

Deals, 25 Jul 2015

Italy's Colosseum, Pompeii temporarily close amid union dispute

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.

24 Jul 2015

Up to 40 migrants feared drowned off Libyan coast: U.N.

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.

Luxury sportscar maker Ferrari files for New York listing

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.

Deals, 23 Jul 2015

High on the menu: cannabis spaghetti features at Italian foodfest

LONDON - Any Italian will tell you: pasta is healthy and makes you feel good. But what about spaghetti made from cannabis?

Health, 22 Jul 2015

Coffee maker Lavazza to buy Carte Noire for 800 mln euros

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.

Deals, 22 Jul 2015

Italian police raids mafia gambling empire, seize assets worth 2 billion euros

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.

World, 22 Jul 2015

Buffett says reports that he bought Greek island 'a total fabrication'

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."

Oddly Enough, Money, Greece 21 Jul 2015

Exclusive: Walkout at Taliban leadership meeting raises specter of split

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.