GO
Loading...

Italy

More

  • Cut Rates? The ECB Won't Hear of It Wednesday, 9 Apr 2008 | 7:43 AM ET

    The European Central Bank's mission to fight inflation prevents it from worrying about economic weakness. But an abrupt slowdown could anger politicians and endanger the central bank's very mandate.

  • European Shares End Lower, Banks Drag Tuesday, 8 Apr 2008 | 1:07 PM ET

    European shares snapped a two-day winning streak to end Tuesday 1 percent lower, led down by banks on persistent worries of more losses from a global credit crisis, and by weakness in technology shares.

  • Poll: Would You Use a Mobile Phone on an Airplane? Monday, 7 Apr 2008 | 12:13 PM ET

    The European Union is unveiling plans Monday to allow passengers on flights in European airspace to use mobile telephones.

  • Former UBS Chief Lobbies for Big Change Friday, 4 Apr 2008 | 1:45 PM ET

    A breakup of Swiss bank UBS would not be possible at the moment but it should be thoroughly restructured to bring it back on course, Luqman Arnold, chairman of investment company Olivant and former president of UBS, told CNBC Europe.

  • European Stocks Head for Another Shaky Ride Friday, 4 Apr 2008 | 1:31 PM ET

    Deepening concern over the state of the U.S. economy and its impact on Europe will lead to further uncertainty in European stock markets next week, as investors look to interest-rate decisions from major central banks for reassurance.

  • Euro Zone Retail Sales Fall, Spark Economy Worries Thursday, 3 Apr 2008 | 9:55 AM ET

    Euro zone retail sales turned out much weaker than expected in February, contracting on the back of falls in Germany and Spain and reinforcing concerns about the outlook for economic growth.

  • Euro-Zone Services Activity Slowed in March Thursday, 3 Apr 2008 | 5:40 AM ET

    Euro zone services growth slowed further last month as the credit crunch tightened its grip, while price pressures hit a 9-month high, according to final data from a survey of businesses published on Thursday.

  • Recession on its way for Europe? Wednesday, 2 Apr 2008 | 7:45 AM ET

    The $19 billlion writedown at UBS has cheered some investors who think that the worst of the credit crunch is now over. But the European Central Bank still faces the prospect of falling growth and rising prices.

  • Europe's First Quarter by the Numbers Sunday, 30 Mar 2008 | 4:33 PM ET

    A look at the data and happenings that shaped the first quarter for European businesses and markets.

  • Rebound in Europe? Don't Hold Your Breath Sunday, 30 Mar 2008 | 4:28 PM ET

    After a dismal first quarter, investors look forward to what the spring has in store; but apart from a new gold rush and the euro rising further, there seems to be little to anticipate.

  • Euro Stocks End Lower on Inflation Concerns Friday, 28 Mar 2008 | 1:38 PM ET

    European stocks closed slightly lower Friday, as hopes for a near-term interest rate cut from the European Central Bank diminished on signs of growing inflation pressures in the euro zone.

  • E.ON to Buy Parts of Endesa for $18 Billion Friday, 28 Mar 2008 | 1:18 PM ET

    The world's largest takeover of a power company drew nearer a close on Friday as E.ON agreed to buy parts of Endesa  from the Spanish utility's new owners for 11.8 billion euros ($18.6 billion).

  • Alitalia Unions Criticize Air France Job Cuts Plan Friday, 28 Mar 2008 | 10:48 AM ET
    ** FILE ** An Alitalia Boeing 777 is parked at Leonardo da Vinci International Airport in Rome, in this Aug. 27, 2002 file photo. The European Union is likely to approve Italy's plan to bail out state-controlled airline Alitalia with a euros 400 million (US$488 million) bridge loan, EU Transport Commissioner Loyola de Palacio told reporters Tuesday, July 13, 2004 after meeting with Italian ministers. (AP Photo/Massimo Sambucetti/FILE)

    Alitalia's unions in a joint statement on Friday sharply criticised Air France-KLM's modified plan on job cuts, but said they planned to attend a Monday meeting with the two carriers' management.

  • ECB Warns Price Pressures Are 'Alarmingly High' Friday, 28 Mar 2008 | 10:46 AM ET

    Euro zone price pressures are "alarmingly high," threatening medium-term price stability, and first quarter growth in the bloc could exceed expectations, European Central Bank officials said on Friday.

  • Three-Month Money Markets Rates Rise Again Tuesday, 25 Mar 2008 | 11:28 AM ET

    The interbank cost of borrowing three-month dollar, sterling and euro funds rose on Tuesday, according to the British Bankers Association's latest daily fixing, despite central banks continuing to pump funds into the money market.

  • ECB Lends Extra 15 Billion Euros Over Easter Thursday, 20 Mar 2008 | 7:54 AM ET

    The European Central Bank lent euro zone banks an extra 15 billion euros on Thursday to tide them over the Easter holiday period, although banks bid for four times as much.

  • China's Ping An Buys Half of Fortis Asset Arm Wednesday, 19 Mar 2008 | 2:59 PM ET

    China's Ping An Insurance Co deepened its ties with Belgian-Dutch financial group Fortis on Wednesday by buying half its asset management business for 2.15 billion euros ($3.4 billion).

  • ECB Officials Stress Inflation Concerns Tuesday, 18 Mar 2008 | 8:01 AM ET

    European Central Bank Executive Board members stressed on Tuesday the role of the ECB as a guardian of price stability, giving the strong euro only scant mention.

  • Fear Freezes Bank-to-Bank Lending Monday, 17 Mar 2008 | 9:16 AM ET

    Financial trading and interbank lending almost ground to a halt on Monday as banks grew  fearful of dealing with each other following Friday's near collapse of U.S. investment firm Bear Stearns, prompting talk of another round of coordinated central bank aid.

  • Euro Zone Feb Inflation Hits Record High 3.3% Friday, 14 Mar 2008 | 7:06 AM ET

    Euro zone inflation hit a new record high of 3.3 percent in February, the European Union's statistics office said, with soaring oil prices taking their toll despite the cushion of a strong euro.