MILAN Gilberto Benetton, a co-founder of Italian clothing retailer United Colors of Benetton who masterminded the family empire's diversification into construction, transport and catering, has died at the age of 77.
ROME Italy told the European Commission on Monday it would stick to its contested 2019 budget plans in defiance of EU fiscal rules, but promised not to inflate its deficit any further in the years ahead. | Video
MILAN The Italian government expects the European Commission to decide for the first time ever on Tuesday to ask a member state to revise its draft budget, a government source said on Sunday.
PARIS The European Commission does not want any crisis with Italy over its budget plans, but it expects answers to its concerns, European Economic Affairs Commissioner Pierre Moscovici said on Monday.
MILAN Italy's ruling coalition patched up a row over a tax amnesty on Saturday and struck a more conciliatory tone toward EU institutions, saying it wanted to discuss its budget plans with Brussels.
ROME The leaders of Italy's ruling coalition parties accused each other on Friday of misleading voters over a disputed tax amnesty in their most acrimonious falling-out since they formed a government in June.
VATICAN CITY A conservative Italian archbishop who has publicly criticized Pope Francis over a sexual misconduct case on Friday denied he was trying to foment an overthrow of the papacy.
NEW YORK U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia, further denting investors' appetite for risk amid global trade tensions and rising interest rates. | Video
NEW YORK Stocks fell sharply on Thursday while the Japanese yen rose in a move toward safety assets, with traders citing the Sino-U.S. trade war, Italy's budget concerns and a widening gap between the United States and Saudi Arabia.
BRUSSELS Italy's Prime Minister defended its free-spending budget on Thursday, brushing off criticism from Brussels as the European Commission stepped up pressure over a draft it labeled an unprecedented breach of EU fiscal rules.
ANKARA A team of Saudi agents began arriving in Turkey the day before journalist Jamal Khashoggi was killed, and cameras at the consulate were removed, President Tayyip Erdogan said on Tuesday.