FRANKFURT Rumors are rife that the European Central Bank may use its regular bond buying to sway the program of the new Italian government, but past data provides little evidence it uses these purchases to intervene in times of political turmoil.
LONDON European shares inched toward four-month highs on Tuesday, as an easing of pressure on Italy's debt markets coincided with China's latest move to open up its giant economy to the rest of the world.
ROME Italy's anti-establishment 5-Star Movement and the far-right League on Monday proposed Giuseppe Conte, a little-known law professor, as prime minister to lead their big-spending coalition government. | Video
ROME If you have never heard of Italy's possible new prime minister, Giuseppe Conte, then you are in good company. Neither have the vast majority of Italians.
ROME A prominent 5-Star Movement lawmaker met unions at Italy's Ilva steel plant on Monday, saying afterward he had made headway toward a solution for the factory - due to be bought by ArcelorMittal with several thousand job losses - which his party wants eventually to close.
MILAN Japan's Hitachi is ready to buy U.S. fund Elliott's stake in Ansaldo STS to take full control of the Italian rail-signalling company, the head of Hitachi Rail said on Monday.
MILAN Italy must present the European Commission with a plan for its exit from lender Monte dei Paschi by 2019, Chief Executive Marco Morelli told daily Corriere della Sera.
MILAN More than 90 percent of Italians participating in an informal ballot gave their blessing to a policy agenda from the far-right League and the 5-Star Movement, as the two parties agreed on a candidate to lead their planned coalition government.
CANNES, France Italian actress Asia Argento, who has accused movie mogul Harvey Weinstein of sexual assault, told the closing ceremony of the Cannes Film Festival there were abusers in the audience who had yet to be outed.
ROME Italy's two anti-establishment parties promised on Friday to ramp up spending in a program for a new coalition government, putting them on a collision course with the European Union despite having dropped some of their most radical proposals. | Video
WASHINGTON U.S. President Donald Trump said on Tuesday there was a "substantial chance" his summit with North Korean leader Kim Jong Un will not take place as planned on June 12 amid concerns that Kim is resistant to giving up his nuclear weapons. | Video