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Exclusive: Italy's UniCredit signals interest in deal with Germany's Commerzbank - sources

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FRANKFURT Italy's UniCredit has recently told Berlin it is interested in eventually merging with state-backed Commerzbank , two people familiar with the matter said, a combination that would create one of Europe's biggest banks.

Italy watchdog probes Ryanair cancellation chaos

ROME Italy's antitrust watchdog said on Wednesday it had opened a probe into thousands of flight cancellations by Ryanair, which it said the low-cost airline could have prevented.

Aerospace & Defense Sep 20 2017

Italy's center-right in search of a leader as election nears

ROME Former Prime Minister Silvio Berlusconi returned to frontline Italian politics at the weekend, staking his claim to lead a resurgent center-right into national elections that are expected early next year.

World, Sep 20 2017

Seattle off menu as Lavazza brews up plans for 15 coffee shops

MILAN Italy's largest coffee group Lavazza could open up to 15 stores around the world as it takes on Starbucks, but has no plans to go head-to-head in the U.S. chain's hometown of Seattle.

Sep 19 2017

Coffee rivals square off in Italy ahead of Starbucks invasion

MILAN Two of Italy's biggest coffee houses are reinforcing their brands with flagship cafes in Milan near the spot where U.S. rival Starbucks is set to begin an invasion next year. | Video

Sep 19 2017

MBDA chief sees Italy keeping missiles stake

PARIS The head of MBDA expects Italian defense contractor Leonardo to remain a shareholder in the European missiles maker, signaling a potential asset swap between its owners is off the table.

Rescued migrants say lucky to dodge Libyan coastal clampdown

ABOARD AQUARIUS RESCUE SHIP Migrants rescued in the Mediterranean last week said they had been lucky to dodge increased sea and police patrols along the Western coast of Libya that have dramatically reduced arrivals in Italy since July. | Video

World, Libya Sep 19 2017

5-Star's young, popular Di Maio charts course to be Italy PM

ROME Italy's anti-establishment 5-Star Movement looks poised to name Luigi Di Maio as its candidate for prime minister in elections early next year and, if opinion polls are to be believed, the earnest 31-year-old has a good chance of winning.

World, Sep 19 2017

ChemChina gave up Pirelli control to show its market friendly face: Pirelli CEO

MILAN State-owned China National Chemical Corp (ChemChina) will give up control of Pirelli as part of the Italian tyremaker's return to the bourse to show Beijing has a market friendly approach to investments in Europe, Pirelli's chief executive said on Monday.

Deals, China, Sep 18 2017

Rejuvenated Berlusconi lays out vote platform, eyes victory in Italy

ROME Former Prime Minister Silvio Berlusconi, marking a formal return to Italy's political stage, laid out his policy priorities on Sunday for the forthcoming election, portraying himself as a pro-European moderate.

World, Sep 17 2017
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U.S. weighs whether to stay in Iran nuclear deal

UNITED NATIONS The United States said on Wednesday it is weighing whether the Iranian nuclear deal serves its security interests even as Iran said it did not expect Washington to abandon the agreement. | Video