Latest Italy News
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Italys Intesa Sanpaolo says names Stefano Del Punta as new CFO
MILAN | Tue May 21, 2013 11:50am EDT MILAN May 21 (Reuters) - Italian biggest retail bank Intesa Sanpaolo said on Tuesday it named Stefano Del Punta as its new chief financial officer. The nomination was approved by the management board which also appointed Carlo Messina, general manager deputy to the chief executive, head of retail banking division. (Reporting by Jennifer Clark; ...
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Vatican marks anniversary of 1972 attack on Michelangelos Pieta
View Photo Reuters/Reuters - A combo photo shows a detail view of the damaged Michelangelo's Pieta and it after restoration works at the Vatican. Forty-one years ago, a crazed Hungarian named Laszlo Toth jumped an ...
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Italian officials for Champions League final
Italian referee Nicola Rizzoli will take charge of the Champions League final between Borussia Dortmund and Bayern Munich at Wembley on Saturday, UEFA has announced.The 41-year-old from Modena was in charge of the 2010 Europa League final between Fulham and Atletico Madrid in Hamburg, as well as three matches at Euro 2012.Rizzoli will be assisted by his fellow Italians Renato Faverani and Andrea ...
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Italy concerned about Fiat Industrial tax move to UK - minister
news ) 's plan to move its tax residence to Britain from Italy, a government minister said on Tuesday. Fiat Industrial will make the move after its planned merger with unit CNH ...
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New Italian restaurant-bocce bar opens in District
Vendetta, a new Italian restaurant and bocce bar combination, has opened to the public starting Monday, DC Eater.com reports. Located at 1212 H St. NE in the former Red Palace space, it features a full fare of Italian dishes, including Vespas suspended from the ...
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EU must make faster progress on banking union - Italy PM Letta
Reuters © Italian Prime Minister Enrico Letta gestures during a news conference with European Parliament President Martin Schulz (not pictured) at Chigi palace in Rome May 10, 2013. REUTERS/Tony ...
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Pope Francis performs first exorcism
Pope Francis appears to have performed an exorcism on a wheelchair-bound young man who believers in the practice claim was possessed by ...
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ChryslerFiat CEO Sergio Marchionne Issues Apology to Italian American ONE VOICE Coalition for His Use of Pejorative ...
BLOOMFIELD, N.J., May 21, 2013 /PRNewswire/ -- The Italian American ONE VOICE Coalition (ONE VOICE) - the nation's largest Italian American anti-bias organization - announced its receipt of a formal written apology from Chrysler/Fiat CEO, Sergio Marchionne, for his use of a pejorative term, offensive to Italian Americans, that he verbalized earlier this year at a press conference at The ...
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Giro dItalia stage 16 – live
Afternoon all. Today's stage begins in France and finishes in Italy. Zut alors! Or should that be 'Porca miseria!' (No, I didn't just google "italian exclamation of surprise"*). And it's a really interesting little stage – I say little, it's actually 238km – with the riders descending off the Col du Telegraphe, heading up Mont Cenis, then ...
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Italy Banks Lobby ABI 2012 Profit Falls by 80
Italian banks' profitability declined by 80% to 1 billion euros ($1.3 billion) in 2012 as the recession affecting the country continued to weigh on banks' bottom line, the country's association of banking, ABI, said Tuesday.ABI said that if one-off write downs, carried out by banks during last year, were taken into account, the aggregate results for the sector become a EUR1.8 ...
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Italian Parliament hit by cash-for-amendments allegations
Rome (dpa) - Allegations that lawmakers are paid regular sums by corporations to get them to amend legislation in the firms‘ favour triggered calls Monday for greater transparency in lobbying in Italy."We immediately need to present a law to regulate relations between parliamentarians and lobbies," said Laura Ravetto, a member of Silvio Berlusconi‘s conservative People ...
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The Emirati artist Mohammed Kazem to show at the Venice Biennale
On May 30, Mohammed Kazem will become the first UAE artist to represent his country at the Venice Biennale in a solo show. He has been developing his contemporary practice since the 1980s when, at the age of 14, he met Hassan Sharif, the nation's first modern artist who was producing experimental installations and performance work - at a time when even the skyscrapers had not been built, ...
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Young People Cast Out Of Italys Welfare System
In Italy, the youth jobless rate is nudging 40 percent, a record high in postwar history. Demographer Stefano Rosina says the Italian welfare system has always been skewed toward the middle-aged and elderly, leaving Italian youths with no political or trade union ...
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Italys PM Exiting EU Deficit Procedure is Priority
ROME-Italy's exit from the European Union's excessive deficit procedure is a priority for the country and will it give it more leeway in pushing forward growth-boosting measures, Prime Minister Enrico Letta said Tuesday. Addressing the Senate a day before a European summit in Brussels, Mr. Letta said that "joining the so-called club of the virtuous will give us greater margins ...
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In 2nd message on Edict of Milan Pope Francis calls for recognition of religious freedom
On May 15, Pope Francis sent a telegram to Cardinal Angelo Scola of Milan as Ecumenical Patriarch Bartholomew traveled to the Italian city to commemorate the 1700th anniversary of the Edict of Milan. Patriarch Bartholomew, who holds a primacy of honor among heads of Orthodox churches, then returned to Istanbul, where the Ecumenical Patriarchate of Constantinople, in conjunction with the Council ...
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ECB stress tests not a problem for Italian lenders - ABI
ROME | Tue May 21, 2013 5:20am EDT ROME May 21 (Reuters) - The head of Italy's banking association (ABI) said on Tuesday that European Central Bank stress tests to gauge the credit strength of the country's lenders are not a problem as long as the ECB applies the same criteria across the euro zone. "We do not have any worries about stress tests," ABI chief Giovanni ...
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Update-Moodys Telecom Italias weak Q1 results reflect challenges to deliver performance targets
Tue May 21, 2013 5:02am EDT Telecom Italia S.p.A For the full text of this story please click the following ...
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Armani wont use cash pile for Italian acquisitions
Giorgio Armani does not plan to use his group's cash pile to purchase other Italian fashion firms and shield them from foreign predators, the designer was quoted as saying on Tuesday as the company reported a rise in 2012 sales. Sales at Giorgio Armani's fashion house rose 16 percent to 2.091 billion euros ($2.7 billion) in 2012, faster than a year earlier thanks to growth in all ...
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Italian-speaking conman on the loose in SA
AN Italian-speaking con artist has been trying to trick elderly Adelaide women out of their money, police warn. Last week the man, described as being of European appearance and speaking Italian with a northern accent, approached two women claiming to be a former friend of their late husbands, and seeking cash in exchange for gifts. In one instance he made off with a small amount of cash from a ...
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Emirati art gains permanent home at Venice Biennale
The UAE has become the first Arabian Gulf nation to secure a permanent pavilion at the Venice Biennale for art and architecture. The Ministry of Foreign Affairs has signed a 20-year agreement with the Biennale allowing the UAE to move from the temporary space it has occupied since 2009 to a designated building in the old Venetian shipyards or the Arsenale. Only 32 countries exhibit in the ...
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Lambton inheritance Selfish Ned is damaging our family
Three Lambton sisters, written out of their disgraced father’s will, are battling their younger brother, who refuses to pay them a penny from his ...
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Italy - Factors to watch on May 21
Tue May 21, 2013 2:57am EDT The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). * TELECOM ITALIA Franco Bernabe, the chairman of Telecom Italia, met Italian Prime Minister Enrico Letta on Monday to discuss plans to spin off the group's domestic fixed-line network, a ...
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Obama discusses Syrian conflict with Italian PM
US President Barack Obama on Monday called Italian Prime Minister Enrico Letta to discuss a range of issues including economy, security in North Africa and the Syrian conflict.The two leaders discussed bilateral cooperation in securing North Africa and addressing the 27-month conflict in Syria.The United States and Russia are working toward a peace conference in Geneva either this or next month ...
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Waitress receives $1000 tip on $60.42 meal for dream trip to Italy
The receipt received by Tumblr blogger Casual Cynic's waitress mother, showing the $1,000 tip a first-time customer left her. (Casual ...
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Internacional in talks to sign AC Milans Robinho
Internacional coach Dunga has revealed his club has "made contact" with AC Milan in an attempt to sign forward Robinho in the ...
Italy Digest
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Italy heavily involved in multi billion euro South Stream project
Italy’s natural gas company ENI is a major investor in the South Stream natural gas pipeline project, but the infrastructure development is being held up by a number of trans-national issues, which the Italian government believes is detrimental to the country’s energy security.
South Stream is the name of the transit pipeline that is intended to transport natural gas from Russia to Southern Europe, bypassing Belarus and the Ukraine. It has been highlighted by Prime Minister Berlusconi as important for the energy needs of Italy as it will eliminate the so-called ‘middle man’ and enhance the security of our energy supply, an issue that was underscored in 2005 when ongoing business disputes between Russia and the Ukraine spilled over into trans-national political issues. Read more
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