MILAN/ROME - UniCredit could spend up to 10 billion euros ($14 billion) to take on payments owed to companies by Italy's public administration, the bank's chief executive said in a newspaper interview on Friday.
ROME - Italian police on Thursday arrested Federica Gagliardi, a woman who acted as Prime Minister Silvio Berlusconi's secretary at two international summits in Canada in 2010, on suspicion of smuggling 24 kg of cocaine on a flight from Venezuela.
ROME - Italian Prime Minister Matteo Renzi on Wednesday presented a sweeping package of tax cuts, saying they could help economic recovery in the euro zone's third largest economy without breaking EU budget deficit limits.
ROME - Italian Prime Minister Matteo Renzi promised on Wednesday to pay down some 68 billion euros ($95 billion) in overdue debts the state owes to private companies by July, pumping liquidity into the ailing economy.
ROME - Italy will review its military needs and not hesitate to cut spending on unnecessary big projects, new defense minister Roberta Pinotti said on Wednesday, an announcement that will put the spotlight on its order for F-35 jets.
ROME - Italy's lower house of parliament approved a new electoral law aimed at ensuring more stable governments on Wednesday, giving a boost to Prime Minister Matteo Renzi as he prepares to unveil a fresh package of tax cuts and economic reforms.
MILAN - Drinks group Campari has agreed to buy Canada's Forty Creek Distillery (FCD) for 185.6 million Canadian dollars ($170 million), the Italian company said on Wednesday.
ROME - Italian lawmakers edged closer on Tuesday to approving a new electoral law seen as a test of new Prime Minister Matteo Renzi's ability to enact broad structural reforms needed to end government instability in Italy.
MILAN - Italian automaker Fiat paid Chief Executive Sergio Marchionne 3.6 million euros ($5 million) in cash last year, including a bonus and incentives, down from 4.5 million euros in 2012, the group's compensation report showed.
LONDON - Duferco, the world's biggest steel trader, said it will not bid for a key steelmaking complex owned by Italy's Lucchini because it can not commit to maintaining full employment and keeping the blast furnace running.
KUALA LUMPUR - Investigators believe someone aboard a missing Malaysian airliner deliberately shut off its communications and tracking systems, turned the plane around and flew for nearly seven hours after it vanished, Prime Minister Najib Razak said on Saturday.
The criminal complaint against Ross William Ulbricht, known as "Dread Pirate Roberts."