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  • Rome protesters target plans to make firing easier Saturday, 25 Oct 2014 | 11:26 AM ET

    ROME— Hundreds of thousands of people marched in Rome Saturday to protest against Premier Matteo Renzi's drive to make it easier to fire workers. Demonstrators cheered as CGIL labor confederation head Susanna Camusso promised more protests and strikes unless Renzi abandons efforts to give employers considerably more leeway to fire workers.

  • DIARY - Top economic Events to Nov 6 Friday, 24 Oct 2014 | 8:01 PM ET

    FRANKFURT- Deutsche Bundesbank Board Member Andreas Dombret to give press conference at the Bundesbank in Frankfurt- 1200 GMT. FRANKFURT- ECB Vice-president Vitor Constancio and Supervisory Board Chair Daniele Nouy to hold a press conference on the results of the Comprehensive Assessment- 1030 GMT. LONDON- Bank of England Deputy Governor Minouche Shafik...

  • *Italy, France want more spending room despite EU budget rules. With a recovery coming to a halt in the second quarter and depressed prices reflecting near record unemployment, France and Italy want to shift away from the spending cuts that marked the bloc's response to the 2009-2012 crisis. France and Italy are pushing for more spending room in their budgets in...

  • *Italy, France want more spending room despite EU budget rules. BRUSSELS, Oct 24- France and Italy renewed their commitment to reform their economies on Friday in the hope of winning more time to bring their public finances in order but the ECB's president warned more needed to be done to avoid "a relapse into recession". After the bloc's revival came to a halt in the...

  • *Italy, France want more spending room despite EU budget rules. BRUSSELS, Oct 24- France and Italy renewed their commitment to reform their economies on Friday in the hope of winning more time to bring their public finances in order but the ECB's president warned more needed to be done to avoid "a relapse into recession." After the bloc's revival came to a halt in the...

  • UPDATE 1-Stagnating euro zone seeks German shift Friday, 24 Oct 2014 | 8:18 AM ET

    *Italy, France want more spending room despite EU budget rules. BRUSSELS, Oct 24- France and Italy sought on Friday to bridge stark differences with Germany over how to avert economic stagnation and deflation, but Chancellor Angela Merkel warned her peers against repeating the euro zone's debt crisis. After the bloc's revival came to a halt in the second quarter,...

  • Italian court acquits Dolce&Gabbana in tax case Friday, 24 Oct 2014 | 7:11 AM ET

    MILAN— Italy's highest court acquitted Domenico Dolce and Stefano Gabbana of tax evasion Friday in a case that created such public acrimony that the designers closed their Milan stores in protest for several days last year. The Court of Cassation in Rome overturned two lower court convictions, ruling that the designers committed no crime.

  • Shakira to release baby toys with Fisher-Price Friday, 24 Oct 2014 | 7:03 AM ET

    NEW YORK— Shakira is partnering with Fisher-Price to launch a line of baby toys as well as a Web series for moms. The Mattel, Inc.- owned company announced Friday that the First Steps collection of toys and baby gear would be available in November. All of the proceeds will benefit her Barefoot Foundation, which provides education and nutrition to children in...

  • BRUSSELS, Oct 24- Euro zone leaders sought on Friday to bridge stark differences over how to avoid economic stagnation and deflation in the bloc, with Germany facing fresh calls to soften its budget rigor and spend more. After the euro zone's revival came to a halt in the second quarter, France and Italy want to shift course away from the spending cuts that marked...

  • Germany is looking increasingly isolated on its prescription for an economic revival with its focus on balancing the books and avoiding new debt, while France, Italy, the United States and the IMF want to see Berlin agree to more public spending. "What we have heard from Germany is that their potential growth is currently 1.5, or something like that.

  • DIARY - Top economic Events to Nov 5 Thursday, 23 Oct 2014 | 8:01 PM ET

    MILAN, Italy- ECB Executive Board member Peter Praet speaks at the International Banking Conference "Structural changes in the banking sector" organized by Bocconi University- 0820 GMT. FRANKFURT- Deutsche Bundesbank Board Member Andreas Dombret to give press conference at the Bundesbank in Frankfurt- 1200 GMT. LONDON- Bank of England Deputy Governor...

  • *Italy's Renzi says tax cuts will still go ahead. BRUSSELS, Oct 23- Germany and France both called for economic growth to be at the heart of the euro zone's budget strategy on Thursday but German Chancellor Angela Merkel warned against returning to the pre-crisis days of high spending to try to revive the economy. With the euro zone flirting with stagnation and...

  • *Expectations for a "big bang" style revamp not high in Europe. *Market expects a handful of failures from Europe's stress tests. But expectations for a "big bang"- style restructuring of the banking sector are low, given the political sensitivities at play, and instead the market is factoring in just a handful of failures out of the 130 banks set to be tested, with a few...

  • Italy's local utility shake up seen tempting China Thursday, 23 Oct 2014 | 9:25 AM ET

    MILAN, Oct 23- Italy's plan to reduce energy prices by pushing local government out of utilities and promoting mergers is likely to create larger, more efficient companies that could also appeal to foreign buyers, such as the Chinese. Rome has ruffled feathers in the European Union by putting back its goal of achieving a balanced budget to confront its severe...

  • Dancing priests become Internet sensation Thursday, 23 Oct 2014 | 5:44 AM ET

    ROME— A video of a pair of dueling, dancing American priests studying in Rome has gone viral, following in the footsteps of a now-famous Italian nun whose Alicia Keys- esque voice won her a singing contest and a record contract. David Rider, 29, of Hyde Park, New York, and the Rev. John Gibson, 28, of Milwaukee, first shot to Internet fame when they were filmed in April...

  • *Gulf airlines using Italy as base for expansion. Italy is Europe's fourth largest travel market, one of the world's top tourist destinations and its thriving fashion and leather industry underpin demand for business travel. That is taking passengers away from Germany's Lufthansa, British Airways and Air France-KLM in Europe, and Delta Air Lines and American...

  • DIARY - Top economic Events to Nov 4 Wednesday, 22 Oct 2014 | 8:01 PM ET

    Treasury Under Secretary David Cohen speaks on "Disrupting ISIL's Money Trail" before the Carnegie Endowment for International Peace in Washington- 1400 GMT. LONDON- Bank of England Deputy Governor Ben Broadbent gives a speech on monetary policy outlook to Society of Business Economists- 0805 GMT. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior...

  • Fears over gas supply as Russia-Ukraine talks fail Wednesday, 22 Oct 2014 | 1:16 AM ET

    Russia and Ukraine failed to reach an accord on gas supplies for the coming winter in talks on Tuesday.

  • DIARY -Top Economic Events to Nov 3 Tuesday, 21 Oct 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Board holds open meeting to discuss a final rulemaking requiring sponsors of securitization transactions to retain risk in those transactions- 1930 GMT. LONDON- Bank of England publishes minutes of latest Monetary Policy Committee meeting. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn...

  • BRUSSELS, Oct 21- Russia and Ukraine failed to reach an accord on gas supplies for the coming winter in EU-brokered talks on Tuesday but agreed to meet again in Brussels in a week in the hope of ironing out problems over Kiev's ability to pay. After a day of talks widely expected to be the final word, European Energy Commissioner Guenther Oettinger told a news...