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.
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.
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.
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.
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
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.
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
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.
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.
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.
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