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  • ROME, March 28- Italy will probably nudge its forecast for economic growth this year up to 0.7 percent from 0.6 percent when it issues new economic and public finance projections next month, a senior minister said on Saturday. Maria Elena Boschi, minister for constitutional reforms, said at a Milan conference organized by retail lobby Confcommercio that the...

  • *Market optimistic Portugal will regain investment status. *Fitch to review Portugal credit rating after Europe close. "We could see Portugal moved up to investment grade later today and that could produce a bit of forced buying from index trackers or some accounts may have to up their Portugal exposure.

  • MILAN, March 26- Italian tyre maker Pirelli has a strong future with owner-to-be China National Chemical Corp and is not talking to others about a possible counterbid, CEO Marco Tronchetti Provera told Reuters in an interview on Thursday. The deal allows the 67- year-old Tronchetti Provera, one of Italy's best-known businessmen who married into the Pirelli...

  • Italy uncovers European tax-avoiding fuel scam Thursday, 26 Mar 2015 | 11:51 AM ET

    ROME— Italian police and Europol say eight people have been arrested in a half-dozen European countries for allegedly operating a diesel import scam that avoided taxes by disguising the fuel as it transited across the continent. Italy's financial police said Thursday that the scam netted 5.7 million euros as some 4,000 tons of fuel entered the country to be...

  • ROME, March 26- Bond-buying by the European Central Bank will reinforce the euro zone's economic recovery, its president, Mario Draghi, said on Thursday, adding that there was already evidence that the scheme was taking effect. Draghi told lawmakers in Italy's parliament that recent data releases "are comforting about the contribution that monetary policy is...

  • DIARY- Top Economic Events to April 8 Wednesday, 25 Mar 2015 | 8:01 PM ET

    ROME- European Central Bank president Mario Draghi addresses the Italian parliament's finance and EU policy committees- 1200 GMT. LONDON- Bank of England to publish Financial Policy Committee statement- 0930 GMT. FRANKFURT- Federal Reserve Bank of St. Louis President James Bullard gives OMFIF Public Lecture on the economy and monetary policy- 0835 GMT.

  • MILAN, March 25- Italian tyre maker Pirelli, which is being bought by China National Chemical Corp, does not plan to pay a special dividend to its shareholders as part of the buyout plan, two sources with direct knowledge of the matter said. ChemChina is to buy into the world's fifth-largest tyre maker in a 7.3 billion-euro deal, agreed with Pirelli's biggest...

  • DIARY- Top Economic Events to April 7 Tuesday, 24 Mar 2015 | 8:01 PM ET

    HELSINKI- European Central Bank policy board member and Bank of Finland Governor Erkki Liikanen will brief the press on monetary policy and global economy- 0900 GMT. LONDON- European Central Bank policymaker Peter Praet takes part in panel discussion on "Global Economic Recovery- a Tale of Many Parts" at the International Financial Services Forum- 1025 GMT.

  • Cramer: 5 trends that could leave you in the dust Monday, 23 Mar 2015 | 6:10 PM ET

    Jim Cramer likes to question trends sometimes. What if things were completely different? He gives his take on what investors can expect.

  • European markets close: Merkel hosts Greek PM   Monday, 23 Mar 2015 | 12:30 PM ET
    European markets close: Merkel hosts Greek PM

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Germany's Angela Merkel hosting the Greek Prime Minister.

  • *Agreement is latest Chinese acquisition in Italy. MILAN, March 22 (Reuters)- China National Chemical Corp (ChemChina) is to buy into Pirelli, the world's fifth-largest tire maker, in a 7.1 billion-euro ( $7.7 billion) deal that will put the 143- year-old Italian company in Chinese hands. The deal agreed with Pirelli's top shareholders on Sunday is the latest in a...

  • *Agreement is latest Chinese acquisition in Italy. MILAN, March 22- China National Chemical Corp is to buy Pirelli, the world's fifth-largest tyre maker, in a 7.1 billion-euro deal that will put the 143- year-old Italian company in Chinese hands. The deal agreed with Pirelli's top shareholders on Sunday is the latest in a series of takeovers made in Italy by...

  • WASHINGTON/ MIAMI, March 23- The December breakthrough that upended a half-century of U.S.- Cuba enmity has been portrayed as the fruit of 18 months of secret diplomacy. President Barack Obama and veteran Cuba specialists to forge the historic rapprochement. In a May 2008 speech to the conservative Cuban-American National Foundation in Miami, Obama set out a...

  • *Pirelli shareholder Camfin says in talks with industrial partner. MILAN, March 20- China National Chemical Corp is close to becoming the biggest single shareholder in Pirelli in a deal that would trigger a 7 billion euro buyout of the Italian tyre company. Three sources familiar with the deal, which would be the latest in a string of Chinese investments in large...

  • European markets close: Greek banks surge   Friday, 20 Mar 2015 | 12:29 PM ET
    European markets close: Greek banks surge

    CNBC's Simon Hobbs reports on all the market moving events in Europe today.

  • WASHINGTON, March 20- Officials from the United States, Italy and Saudi Arabia led talks in Rome this week among a group of countries seeking to combat the financial activities of Islamic State militants, the U.S. ISIL is an acronym often used for the militants, who control swaths of Iraq and Syria. The CIFG includes Australia, Bahrain, Bulgaria, Canada, Denmark,...

  • ROME— Italy's infrastructure minister resigned Friday, days after the arrest of a former top official in a corruption probe of some of the nation's major public works projects. Minister Maurizio Lupi told Parliament he was stepping down even though he is not under investigation. Prosecutors are investigating construction contracts involving some of...

  • The New York- based sportswriter for ESPN.com is planning a summer vacation with her family in Ireland. With the Superdollar near parity with the euro, airfares to Paris are down 14 percent from a year ago, according to popular travel site Orbitz. London, Rome and Barcelona are among other popular locales with cheaper hotels and airfares than last year, according...

  • *Pirelli shareholder says in talks with industrial partner. MILAN, March 20- China National Chemical Corporation is close to striking a deal with the top shareholder in Pirelli that could see it take control of the Italian tire company, two sources familiar with the matter said on Friday. Earlier on Friday Camfin said it was in talks with "an international...

  • Italian boost sends European shares to 15-year high Thursday, 19 Mar 2015 | 2:01 PM ET

    *Pirelli, Enel boosts Italian index. LONDON/ PARIS, March 19- A broad index of European shares hit its highest level in 15 years on Thursday, led by Italian stocks thanks to sharp gains in tyre maker Pirelli and utility Enel. Shares in Enel rose 1.9 percent after it said it aims to raise profits and dividends over the next five years by focusing on emerging markets and...