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Benetton family seeks to make Ducati motorbikes Italian: sources

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LONDON/FRANKFURT/MILAN Italy's Benetton family is vying with motorbike firms and buyout funds for control of Italian motorcycle brand Ducati, which is being sold by Germany's Volkswagen , sources involved in the process told Reuters.

Italian minister quits as election battle lines start to emerge

ROME Italy's regional affairs minister resigned on Wednesday, dealing a blow to his center-right party, which governs in Prime Minister Paolo Gentiloni's coalition, as battle lines begin to be drawn for elections due early next year.

World, Jul 19 2017

Italy's Ansaldo STS eyes small acquisitions despite feud with activist investors

MILAN Italian rail-signaling company Ansaldo STS is looking for small acquisitions to offset a sector slowdown though it sees no quick solution to its row with activist funds holding almost a third of the group, its chief executive told Reuters.

Deals, Jul 19 2017

Italy may issue temporary visas for migrants, in 'tug of war' with EU

ROME Italy is considering issuing temporary visas that would allow migrants to travel around the European Union, its deputy foreign minister said on Tuesday, a move intended to pressure its EU neighbors to do more to help ease the migration crisis.

World, Jul 18 2017

Leading light of Italy's 5-Star revives euro referendum pledge

ROME A powerful figure in Italy's anti-establishment 5-Star Movement appeared on Tuesday to revive his party's calls for a referendum on euro membership, after other members softened their tone on the matter.

World, Jul 18 2017

One of worst droughts in decades devastates South Europe crops

ROME/MADRID Italian durum wheat and dairy farmer Attilio Tocchi saw warning signs during the winter of the dramatic drought to come at his holding a mile away from the Tuscan coast. | Video

Environment, Jul 18 2017

Flowers shrivel in Italian beauty spot as drought follows quakes

CASTELLUCIO, Italy The plain of Castelluccio in central Italy usually rolls out a carpet of red, yellow and blue flowers for tourists, but this summer drought is shriveling the blooms in a valley already ravaged by a series of earthquakes.

Environment, Jul 18 2017

Heat and drought feed wildfires in Italy, beaches near Rome threatened

ROME Italian firefighters fought more than 1,000 wildfires on Monday amid high temperatures and drought, including three near Rome's beach neighborhood of Ostia, the fire brigade said.

UniCredit closes $20 billion bad loan sale with Fortress, Pimco

MILAN Italian bank UniCredit has signed a final agreement with U.S. funds Fortress and Pimco on the sale of bad loans worth 17.7 billion euros ($20 billion) in Italy's biggest such deal so far.

Jul 17 2017

Italy postpones hotly-contested immigrant citizenship law

ROME Italy's government will not try to push through a law that would grant citizenship to the children of immigrants in the next few weeks, Prime Minister Paolo Gentiloni said on Sunday.

World, Jul 16 2017
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U.S. general says allies worry Russian war game may be 'Trojan horse'

BERLIN U.S. allies in eastern Europe and Ukraine are worried that Russia's planned war games in September could be a "Trojan horse" aimed at leaving behind military equipment brought into Belarus, the U.S. Army's top general in Europe said on Thursday.