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Will the Benettons use Alitalia to fly in from the cold?

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MILAN/ROME Italian transport group Atlantia could join a rescue of loss-making flag carrier Alitalia to try to win favor with the government and secure the future of its own domestic business following a deadly bridge collapse last year, sources said.

Feuding within Italian coalition intensifies amid recriminations

ROME Italy's coalition partners clashed angrily on Friday over mutual allegations of corruption, with relations between the League and 5-Star Movement at their lowest ebb since they formed a government last May.

World, Apr 19 2019

BlackRock's plan for Italy's Carige sees higher cash call: sources

ROME/MILAN Troubled Italian bank Carige could need a larger-than-expected cash injection of at least 700 million euros ($791 mln) under a rescue plan put forward by U.S. asset manager BlackRock, two sources familiar with the matter said.

Apr 18 2019

Investigation into League official opens rift in Italian government

ROME An investigation into corruption allegations against a junior minister from the far-right League prompted fresh conflict on Thursday within Italy's already troubled government.

World, Apr 18 2019

Top Brembo investor tightens grip with loyalty share scheme for M&A

STEZZANO, Italy Shareholders in Brembo approved on Thursday a loyalty share scheme which would allow the family that owns the Italian premium brake maker to retain control as the company looks to expand through acquisitions.

Apr 18 2019

Italy's League presents anti-euro candidates at EU elections

ROME Italy's right-wing League has presented prominent anti-euro campaigners among its candidates for next month's European Parliament elections, reviving doubt about the ruling party's commitment to the single currency.

World, Apr 18 2019

Mediaset rules out a cross border deal that would include Vivendi

SEGRATE, Italy Mediaset is in contact with various players over a cross-border tie-up but has no intention of including its shareholder Vivendi in any potential deal, the head of the holding controlling the Italian private broadcaster said.

Apr 17 2019

U.S. restrictions on Qatar Airways could lead to unraveling of aviation agreements: airlines

The U.S. government should not restrict Qatar Airways or Air Italy from flying to the United States because it may lead to the unraveling of other aviation agreements around the world, three U.S. airlines said in a letter to officials on Wednesday.

Aerospace & Defense Apr 17 2019

Pernod Ricard agrees to buy Italian gin brand Malfy

PARIS Pernod Ricard, which is being targeted by activist investor Elliott, plans to buy super premium Italian gin brand Malfy from Biggar & Leith, as it further strengthens its fast-growing portfolio of so-called 'craft' spirits.

Apr 17 2019

Recordati to seek Canadian approval for kidney disease drug

TORONTO Italy's Recordati said on Tuesday it plans to seek Canadian approval for its drug Cystagon, which treats a rare kidney disease, in a potential blow to Horizon Pharma,, which makes the only drug approved for treatment in Canada.

Health, Apr 16 2019
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Bombs kill 138 in Easter Day attacks on Sri Lankan churches, hotels

COLOMBO Easter Day bomb blasts at three Sri Lankan churches and three luxury hotels killed 138 people and wounded more than 400, hospital and police officials said, following a lull in major attacks since the end of the civil war 10 years ago. | Video