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Business 21 Jan 2019 | 12:00 AM

Italy rejects Telecom Italia’s grid separation plan

MILAN: Italy’s communications regulator Agcom rejected Telecom Italia SpA’s landline network separation plan, saying it wouldn’t be a boost to competition in the domestic phone market, according to a document seen by Bloomberg.

Markets 18 Oct 2018 | 10:21 PM

Wall St. slides as Saudi Arabia, Italy add to economic concerns

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.

Plantations 27 Jun 2018 | 10:58 PM

Near-record tree cover losses in 2017 strip area as big as Italy

OSLO: The world lost tree cover the size of Italy in 2017 as forests were cleared using fire to make way for farms from the Amazon to the Congo Basin, an independent forest monitoring network said on Wednesday

Business 26 Nov 2013 | 12:00 AM

Italy doubles trade surplus

ROME: Italy’s trade surplus has doubled in 12 months thanks to a rise in exports, particularly to China and the United States, new data showed as the economy prepares to end its longest post-war recession.

Business 22 Apr 2013 | 12:00 AM

Global shares gain, Bunds dip on Italy, dollar/yen eyes 100

LONDON: European shares rose and German bond futures dipped on Monday as the re-election of Italy's president eased a two-month old political crisis, while the yen fell after the G20 accepted Japan's bold stimulus policy.

Business 25 Jun 2012 | 12:00 AM

Italy and the missed opportunity of euro "purgatory"

ROME: Antonio Fazio, the disgraced former governor of the Bank of Italy, warned half-jokingly in 1998 that the euro would not be paradise but a "purgatory" that would demand years of pain and sacrifice.

Business 06 Jan 2014 | 7:33 AM

Likely US listing to further sideline Italy in Fiat-Chrysler Group

MILAN/DETROIT: Chief Executive Sergio Marchionne's merger of carmakers Fiat and Chrysler will probably entail a U.S. share listing that cements North America as the group's new centre of gravity and further sidelines Italy.

Business 05 Oct 2011 | 12:00 AM

Moody's slashes Italy credit rating

NEW YORK/ROME (Reuters) - Moody's lowered its rating on Italy's bonds by three notches on Tuesday, saying it saw a material increase in funding risks for euro zone countries with high levels of debt and warning that further downgrades were possible.

Business 23 Nov 2011 | 12:00 AM

Can Italy be saved?

AS the economist Mario Monti's new government takes office in Italy, much is at stake - for the country, for Europe and for the global economy.

Business 13 Sep 2011 | 12:00 AM

Reports: Italy asks China to buy its bonds

NEW YORK/BEIJING (Reuters) - Italy has asked China to buy Italian debt as the euro zone's third-largest economy struggles to convince markets it can manage its debt load, media reports said.