Italy strikes against Renzi labour reforms and cuts


ROME - Striking workers took to the streets in cities across Italy on Friday to protest against cuts to public services and labour reforms proposed by Prime Minister Matteo Renzi.

Italy court clears designers Dolce and Gabbana in tax evasion case

ROME - Italy's top court cleared fashion designers Domenico Dolce and Stefano Gabbana on Friday over charges of hiding hundreds of millions of euros from Italian tax authorities.

24 Oct 2014

Merkel voices support for Draghi after report of tensions

BERLIN - German Chancellor Angela Merkel thanked ECB President Mario Draghi for spelling out to leaders at an EU summit that governments must play a role in boosting the faltering euro zone economy, and said it was their firm intention to do so.

24 Oct 2014

Italian paper group Fedrigoni pulls flotation plans

MILAN - Italian paper maker Fedrigoni has become the latest in a string of companies to pull plans to list on the stock market as worsening market conditions across Europe prompt a re-think in flotation plans.

Deals, 23 Oct 2014

Italy deputy speaker favorite as new foreign minister: sources

ROME - The deputy speaker of Italy's lower house of parliament is the leading candidate to replace Foreign Minister Federica Mogherini when she moves to Brussels to become the European Union's High Representative for Foreign Affairs, two political sources said.

World, 23 Oct 2014

Monte Paschi and Carige set to face capital gap in ECB tests: Bloomberg

MILAN - Italian banks Monte dei Paschi di Siena and Banca Carige are likely to need additional capital to plug shortfalls found by the European Central Bank (ECB) in region-wide bank stress tests, according to a media report.

23 Oct 2014

Conductor Chailly: Appeasing La Scala's 'gods' with Italian opera

LONDON - Italian conductor Riccardo Chailly knows that Milan's legendary La Scala opera house, where he takes over as principal conductor in January, is a political and cultural pressure cooker. So he's going to give the public what it wants: Italian opera.

Entertainment, Music, Arts 22 Oct 2014

Daimler eyes stake in motorbike maker MV Agusta: source

FRANKFURT/MILAN - German vehicles group Daimler is in advanced talks to take a minority stake in Italian motorcycle manufacturer MV Agusta [IPO-MVAG.MI], a source in Italy familiar with the situation said on Tuesday.

Deals, 21 Oct 2014

Sigma-Tau, Alfa Wassermann in talks to combine Italian operations: sources

LONDON - Italian drugmaker Sigma-Tau is in advanced talks to sell part of its Italian operations to domestic peer Alfa Wassermann that would create an over-the-counter (OTC) powerhouse, several sources familiar with the situation said.

Deals, 20 Oct 2014

UKIP, 5-Star welcome Polish radical to save EU voting bloc

BRUSSELS - The UK Independence Party and Italy's 5-Star Movement formed an alliance in the European Parliament on Monday with a right-wing Polish libertarian in order to reconstitute a formal Eurosceptic bloc in the EU legislature.

World, 20 Oct 2014

Kurds reject Erdogan report of deal with Syrian rebels to aid besieged Kobani

ISTANBUL/BEIRUT - A senior Syrian Kurdish official on Friday rejected a report from Turkey's president that Syrian Kurds had agreed to let Free Syrian Army fighters enter the border town of Kobani to help them push back besieging Islamic State insurgents. | Video