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Italian woman seriously wounded in Kabul attack
Kabul: An Italian woman working for the International Organization for Migration was seriously wounded in coordinated attacks in the Afghan capital Kabul on Friday, a spokesman for the group said."One female expatriate member of staff was seriously injured," Chris Lom, IOM spokesman, told AFP from Geneva. "She is Italian," he said, giving no further details."It was ...
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Monte Paschi might not be an isolated bank case in Italy Chairman
"There could be other cases similar (to the one of Monte dei Paschi)," Profumo said at a conference in Bagnaia, close to Siena, where Monte Paschi is ...
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Francis Vicar for Rome Confirmed in Post
This was confirmed in a Latin-language letter dated May 18 and published by the Vatican on Thursday. Cardinal Vallini was appointed to the position on June 27, 2008, by Benedict XVI. The role also entails the positions of Archpriest of St. John Lateran Basilica and Grand Chancellor of the Pontifical Lateran University. Cardinal Vallini, 73, will celebrate his 25th anniversary of priesthood ...
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Bicycle sales outpace car sales in Italy
A quarter-million more bicycles were sold in Italy in 2012 than automobiles, the transport undersecretary said, calling it a revolution in commuting. Bicycle sales outpaced those of cars by 2,000 in 2011, but last year 1.65 million bicycles were sold in the country, compared to 1.4 million cars, the Italian news agency ANSA reported Friday, adding it has been 48 years since more bicycles than ...
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Sting opens up his Tuscan villa - at a price
After spending years restoring his 900 acre estate in Tuscany, the pop star Sting is to throw open its doors – at a price – to anyone who wants to hire it for weddings or ...
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Former Giro dItalia winner Di Luca facing lifetime ban after positive EPO test
May 24 - Italian 2007 Giro d'Italia winner Danilo Di Luca could face a lifetime ban after testing positive for the banned blood booster erythropoietin (EPO) ahead of this year's race. The International Cycling Union (UCI) confirmed today that the 37-year-old (pictured top), who is currently racing for the Vini Fantini-Selle Italia team, has been provisionally suspended following the ...
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Italian culture ministers comments about food leaves chefs simmering
As a junior minister taking your first steps in politics, it is generally thought wise to steer away from touchy subjects. Especially when your brief is culture, your country ...
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Fan violence worries ahead of Italian Cup final and Rome derby
Worries of fan violence are high ahead of Sunday's Italian Cup final and Rome derby between Roma and Lazio.After audiences with both Pope Francis and Italy President Giorgio Napolitano this week, delegations of both squads have called for supporters to behave and close out the season peacefully.Several fans were stabbed and an ambulance was attacked before the teams' last meeting in ...
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Report Inter Milan fires coach Andrea Stramaccioni
Inter Milan reportedly fired coach Andrea Stramaccioni on Friday, five days after concluding Serie A with a highly disappointing ninth-place finish.Stramaccioni was informed of the decision, according to the Gazzetta dello Sport and the ANSA news agency, although Inter did not immediately announce the move. Walter Mazzarri, who stepped down as Napoli manager last weekend, was already being ...
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La Scala forced to cut number of operas
As it prepares to celebrate Verdi's 200th birthday, La Scala opera house in Milan has announced it is being forced to reduce the number of operas it will produce next season thanks to the economic crisis and cuts to its public ...
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Southern Europe slides back to analogue dark age
A lack of digital investment and the shrinking number of local subsidiaries owned by large firms is sending Southern European states on a "backwards slide" to an analogue age, a new study has ...
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TI FastWeb team up with Rome utility for fibre expansion
ACEA , which is active in the energy sector there. The companies have pledged to bring broadband speeds of up to 100Mbps to over one million homes and businesses by the end of 2014. Although they are set to deploy more than 4,000km of fibre, only 300km will require new routes to be established, with the bulk of the infrastructure set to be channelled through pre-existing cable ducts, in a bid to ...
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Italian Bank Earnings to Remain Low Over 3 Years Prometeia Says
Earnings of Italian banks will remain low over the next three years as the country's economy struggles to recover and lenders are forced to meet stricter European capital rules, according to research ...
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Help Wanted For Upscale Italian Restaurant In Southern Westchester
An upscale Italian restaurant in Southern Westchester is actively seeking to fill the following vacancies: Captains, Servers, Kitchen Waiters and Bus ...
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UPDATE 1-Italian tax police seize assets of steel magnate Riva
Fri May 24, 2013 10:28am EDT (Adds statement from ILVA, background) BARI, Italy May 24 (Reuters) - Italy's tax police have seized assets worth 8.1 billion euros belonging to the Riva family, owners of the Italian steel group ILVA, in connection with allegations of environmental crimes, investigative sources said on Friday. The order to seize the assets was issued by a judge in the southern ...
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Italy prepares for beatification of anti-Mafia priest
More than 80,000 people are expected to attend a beatification ceremony for an Italian priest who was killed by the mob in 1993, officials said. The beatification ceremony for Father Giuseppe "Pino" Puglisi, an outspoken anti-Mafia advocate, begins Saturday in Palermo, Italy's ANSA news agency reported. Puglisi was killed on his 56th birthday in the Brancaccio neighborhood in ...
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Popes Address to Italian Bishops Conference
Here is the translation of the Holy Father's meditation during the Profession of Faith of the Italian Bishops Conference who are gathered for their 65th General ...
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Italian Prosecutors Order EU8.1 Billion Seizure of Riva Assets
Italian prosecutors ordered the seizure of 8.1 billion euros ($10.5 billion) of assets belonging to the Riva family, one of Europe's wealthiest industrial families and owners of Ilva, Europe's largest steel plant. Spokesmen for Ilva in ...
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Italy chefs roast junior minister who snubbed national cuisine
junior minister who dismissed the country's cuisine as a poor copy of trendy French cooking, poking a sore spot in a long-held kitchen rivalry between the two nations. "I have a negative judgment of the skill of Italian ...
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UPDATE 1-Italians getting glummer on economy Letta government
Fri May 24, 2013 8:50am EDT * Consumer morale falls after government formed * Sentiment on economy worsens sharply * Letta government's approval rating falls further (Adds government's falling approval ratings) By Gavin Jones ROME, May 24 (Reuters) - Italian consumer morale fell unexpectedly in May despite the tax-cutting promises of a new government whose approval ratings are already ...
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Giro dItalia stage cancellation boosts Mark Cavendish red jersey hopes
Giro d'Italia were given a significant boost when Friday's 19th stage was cancelled due to snow along the route, and Saturday's penultimate stage was recast with a ...
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Bad loan writedowns at Italy banks seen at 19 bln euros in 2013-think tank
MILAN | Fri May 24, 2013 8:08am EDT MILAN May 24 (Reuters) - Writedowns on bad loans held by Italian banks will total 19 billion euros ($24.51 billion) this year and 48 billion euros in the three years to 2015, according to a report by think tank Prometeia released on Friday. Despite the hefty loan losses, the Italian banking industry is expected to return to profit this year after ...
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Research and Markets Italy Exploration and Production Market Analysis and Outlook to 2020 - Drivers ...
Research and Markets: Italy Exploration and Production (Upstream) Market Analysis and Outlook to 2020 - Drivers, Challenges, Fields, Blocks, Supply- demand and competitive ...
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UPDATE 1-Italian firms tap debt market as bank lending dries up
Fri May 24, 2013 7:34am EDT * First time issuers coming to Italian corporate debt market * 8/25 issues so far this year from newcomers * Bankers see at least 4-5 new issues by the summer * Issues on rise as bank lending dries up, spreads tighten (Add news on Ferrovie Italiane and Poste Italiane) By Francesca Landini MILAN, May 24 (Reuters) - More Italian companies are set to tap the debt ...
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Fiat Chairman said group never tried not to pay taxes in Italy
BAGNIA, Italy | Fri May 24, 2013 7:18am EDT BAGNIA, Italy May 24 (Reuters) - Fiat Chairman John Elkann, at the centre of a political controversy in Italy over plans by truck and tractor maker Fiat Industrial to move its fiscal residence to Britain, said his group had never tried not to pay taxes in Italy, "This is just argument for argument's sake, it is not the reality. No one ...
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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