CNBC's Simon Hobbs reports Europe breaks its three day losing streak led by building and property stocks.» Read More
*Italian watchdog says Google practices still inadequate. *Google says will continue to cooperate with regulator. MILAN, July 21- Italy's data protection regulator has given Google 18 months to change the way it treats and stores user data, bringing to an end an investigation that is part of a European drive to reform the internet giant's privacy practices.
MILAN, July 21- Italy's data protection regulator has given Google 18 months to change the way it treats and stores user data, bringing to an end an investigation that is part of a European drive to reform the internet giant's privacy practices.
THE HAGUE, Netherlands— A distraught, grieving mother summed up a swelling mood of despair and anguish in the Netherlands on Sunday at faltering efforts to repatriate the bodies of loved ones killed in the downing of Malaysia Airlines Flight 17, appealing directly to Russian President Vladimir Putin to return the bodies of her son and his girlfriend.
*Chancellor issues' clear call' for Russia to help peace process. BERLIN, July 18- Germany's Angela Merkel challenged Moscow's attempt to pin the downing of a Malaysian airliner on Ukraine, pointing to Russia as a source of separatists' weapons.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including concern over the effect of Russian sanctions and Volkswagen denies it's making a bid for Fiat Chrysler Automobiles.
*U.S., Britain to outperform peers in industrialised world. July 17- Global growth prospects have dimmed slightly, with the United States and Britain leading industrialised economies that are not generating much inflation even after years of aggressive monetary stimulus, Reuters polls found.
By Andreas Cremer and Agnieszka Flak. BERLIN/ MILAN, July 17- Fiat Chrysler has denied a magazine report saying it's in merger talks with Volkswagen, while the German carmaker said it had no takeovers on its agenda.
MILAN— Italian automaker Fiat and its main shareholder denied on Thursday a media report that the company is in merger talks with rival Volkswagen.
BERLIN/ MILAN, July 17- Volkswagen and Fiat Chrysler have denied a magazine report saying the two carmakers are in merger talks. Germany's Manager Magazin said on Thursday Volkswagen Chairman Ferdinand Piech had held talks with the owners of Fiat Chrysler about buying all or part of the group that was formed this year from the merger of Italian and U.S. carmakers.
BRUSSELS, July 17- Euro zone countries must beware of bending budget rules in the quest for economic growth, the EU's new economics czar said on Thursday, suggesting some proposals from France and Italy sought too much leeway.
LONDON, July 17- Russia is stepping up a public relations effort in support of its controversial South Stream gas pipeline project to supply southern Europe, but a rival project to bring gas from Azerbaijan is also upping its game.
LONDON, July 16- Britain wants deeper reforms to the EU Emissions Trading System than those proposed by the European Commission and Germany, favoring canceling hundreds of millions of carbon permits over launching a tool to regulate market supply.
*New company will list on NYSE, delist from Milan. MILAN, July 16- Italy's GTECH will buy U.S. slot machine maker International Game Technology for $4.7 billion, shifting the lottery operator away from its struggling domestic market and making it a major player in the casino business.
Italy’s banks are “quite well-prepared” for the upcoming European stress tests, the second-in-command at the central bank told CNBC.
ROME, July 16- Federica Mogherini is the front runner to be nominated on Wednesday as the European Union's new foreign policy chief for five years, even though the 41- year-old has only been Italy's foreign minister since February.
LAS VEGAS— The Italian lottery operator Gtech is buying slot machine maker International Game Technology for $4.7 billion in cash and stock. Gtech said last month that it was in talks with the Las Vegas company and IGT said at the time that it was weighing its options.
MILAN- July 16- Italy's GTECH will buy U.S. slot machine maker International Game Technology for $6.4 billion including debt, shifting the lottery operator's centre of gravity away from its struggling domestic market.
STRASBOURG, France, July 15- Jean-Claude Juncker won a wide endorsement from the European Parliament on Tuesday to be the next head of the executive European Commission after setting out a "grand coalition" investment programme to help revive Europe's economy.
The entire operation to remove the Concordia from the reef and float it to Genoa, where it will be scrapped, will cost a total of 1.5 billion euros, Costa Crociere SpA CEO Michael Tamm told reporters. It's about 200 nautical miles to Genoa and the trip is expected to take five days.
Most of the cuts he suggested in a 72- page review of Italy's public administration- an unpublished tome seen by Reuters that picks apart services ranging from disability benefits to policing- appear to have been ignored by Matteo Renzi's government.