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  • MILAN, Nov 27- Technology firm Insigma has teamed up with another Chinese company to try to buy Finmeccanica's rail assets, two people familiar with the matter said, a move that could thwart a rival bid from Hitachi. Italy's Finmeccanica is selling its unprofitable train-making unit AnsaldoBreda and its 40 percent stake in Ansaldo STS, which makes rail...

  • BRUSSELS, Nov 27- The European Commission will tell France, Italy and Belgium on Friday their 2015 budgets risk breaking EU rules, but it will defer decisions on any action until early March. At that point, France could face a multi-billion euro fine and Italy and Belgium be put on a disciplinary programme. This gives the three more time to adjust policy before the EU...

  • *Despite stimulus, China economy still to slow-analyst. LONDON, Nov 27- Copper and other base metals were steady on Thursday, supported by monetary easing in top consumer China and an uptick in economic sentiment in Europe. Three-month copper on the London Metal Exchange was unchanged at $6,570 a tonne by 1132 GMT.

  • BRUSSELS, Nov 27- The European Commission will tell France, Italy and Belgium on Friday that their 2015 budgets risk breaking EU rules, but it but will defer decisions on any action until early March. This gives the three more time to adjust policy before the EU executive must decide whether to fine France for missing consolidation targets or put Italy and Belgium...

  • SINGAPORE, Nov 27- Indonesia's Lion Group is buying an additional 40 aircraft from ATR for $1 billion at list prices, the companies said, in a move that will make Lion the biggest customer of the European manufacturer. Kirana's Lion Air, Indonesia's biggest and one of the world's fastest-growing airlines, has captured global attention with record purchases of...

  • Italian police shut down counterfeit money ring Wednesday, 26 Nov 2014 | 1:49 PM ET

    MILAN— Police in Naples have broken up a counterfeit money ring that allegedly printed millions worth of fake euro bills and coins distributed in Europe and North Africa. Prosecutors said investigators seized 1 million euros in counterfeit notes in the course of the two-year investigation, along with a printing press able to produce high-quality fake bills...

  • STRASBOURG, France, Nov 26- The European Commission presented a 300 billion euro plan on Wednesday to boost Europe's stagnant economy, but some doubted private investors would stump up the funds, 15 times the EU contribution, needed to make it work. France and Italy, which have been demanding action to boost economic growth, cautiously welcomed the scheme but some...

  • DETROIT, Nov 26- Chrysler Group LLC must expand its regional recall of vehicles with Takata Corp air bags and begin notifying customers of the action by Monday, the U.S. National Highway Traffic Safety Administration said. Chrysler's delay in alerting owners of potential defects in Takata air bags "exacerbates the risk to motorists' safety," the NHTSA said in a...

  • DETROIT, Nov 26- Chrysler Group LLC must expand its recall of vehicles with Takata Corp air bags and begin notifying customers of the action by Monday, the U.S. National Highway Traffic Safety Administration said. The Fiat Chrysler Automobiles unit is at the "rear of the pack" among automakers in telling its customers of the possible dangers of Takata's air bags,...

  • Bill Weir's new CNN series to begin in 2015 Tuesday, 25 Nov 2014 | 6:53 AM ET

    NEW YORK— Bill Weir's new series on CNN will entail a lot of travel. Weir said the series will examine the reasons for that and also take viewers to places like the Dead Sea; Venice, Italy; and Africa. CNN is a division of Time Warner Inc..

  • Pope to Europe: Accept immigrants, create jobs Tuesday, 25 Nov 2014 | 6:00 AM ET

    STRASBOURG, France— Pope Francis sought Thursday to inspire an old and "haggard" Europe to find its vigor and greatness once again, urging European governments to welcome migrants, care for the elderly and create jobs for the unemployed. "A Europe which is no longer open to the transcendent dimension of life is a Europe which risks slowly losing its own soul," he said.

  • Monumental mess: Rome's mayor getting thumbs down Monday, 24 Nov 2014 | 2:41 AM ET

    Ignazio Marino promised to bring order to Rome's chaos when he was elected mayor in a landslide last year. The biggest challenge Marino faced upon winning office was tackling Rome's notorious traffic gridlock. Banning cars on the boulevard flanking the Roman Forum so tourists have a more pleasant stroll, strangling Rome's center even more.

  • Italian media say EU to approve Rome's 2015 budget Sunday, 23 Nov 2014 | 12:33 PM ET

    ROME, Nov 23- The European Commission will give the green light to Italy's 2015 budget and re-examine in March whether promised reforms have been made to boost the ailing economy, main Italian news outlets said on Sunday. Italy's biggest newspapers and broadcast outlets said on Sunday the Commission had given the "all-clear" to the document and agreed with Renzi...

  • BRUSSELS, Nov 21- Europe's proposed free trade agreement with the United States would collapse if European leaders bowed to pressure to remove investment protection from any deal, the chairman of EU trade ministers said on Friday. The United States and the European Union are trying to seal a free trade deal which could bring economic gains of around $100...

  • European markets close: European gains     Friday, 21 Nov 2014 | 11:29 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including ECB President Mario Draghi's policy comments, and China's interest rate cut.

  • DIARY - Top economic events to Dec 4 Thursday, 20 Nov 2014 | 7:01 PM ET

    WASHINGTON- Federal Reserve Board Governor Daniel Tarullo testifies on " Physical Commodities" before the Senate Homeland Security& Governmental Affairs permanent subcommittee on investigations in Washington- 1430 GMT. WASHINGTON- New York Federal Reserve Bank President William Dudley testifies to Senate Banking subcommittee on Financial...

  • European markets close: Brink of deflation     Thursday, 20 Nov 2014 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a contraction for French manufacturing and Citi's call for full blown QE in January.

  • Outrage in Italy after asbestos case is thrown out Thursday, 20 Nov 2014 | 8:43 AM ET

    ROME— Premier Matteo Renzi added his voice to a chorus of outrage across Italy on Thursday after the country's highest court threw out a conviction against a Swiss businessman for some 3,000 asbestos-related deaths blamed on contamination from a construction company. The Court of Cassation ruled late Wednesday that the statute of limitations had expired...

  • DIARY - Top economic Events to Dec 3 Wednesday, 19 Nov 2014 | 7:01 PM ET

    MADGEBURG, Germany- Bundesbank Vice President Claudia Buch speaks in Magdeburg, Germany- 1730 GMT. VIENNA- ECB Governing Council member Ewald Nowotny to speak on "Understanding of economic matters" in Vienna- 1700 GMT. FRANKFURT- EU Council President Van Rompuy, ECB Supervisory Board Chair Daniele Nouy, ECB Executive Board member Sabine Lautenschlaeger to take...

  • UPDATE 1-Marlboro HeatSticks on sale in Milan this week Wednesday, 19 Nov 2014 | 2:03 PM ET

    LONDON, Nov 19- Philip Morris International Inc, the world's largest tobacco company, plans to launch its new iQOS smokeless device and Marlboro HeatSticks in Milan, Italy on Thursday following a better-than-expected launch in Nagoya, Japan earlier this month. The burgeoning market for electronic cigarettes is a key battleground for Big Tobacco players such...