Giovanni Sabatini, managing director of the Italian Banks Association, says Italian Banks are in "good shape" and have worked hard to prepare for the asset quality review.» Read More
MILAN, June 20- Carlyle Group has sold its entire 7.13 percent stake in Moncler for 215 million euros, the asset manager said on Friday, six months after the Italian luxury down jacket maker listed on the Milan bourse.
LUXEMBOURG, June 19- The European Union could be flexible about the time members need to fix their budgets if they reform to boost growth, but it must first have proof such efforts are taking place, EU policymakers said on Thursday.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a gain for jet engine maker Rolls-Royce and the latest on GE's bid for France's Alstom.
LONDON, June 18- Hertz, the second biggest U.S. car rental firm, is looking to broaden its business and could allow its cars to be rented via Uber and its controversial smartphone app, Group President Michel Taride told Reuters on Wednesday.
NEW YORK, June 18- Cramming clothes into carry-on bags may not appeal to travelers in Europe this summer, but the alternative could be worse; checked luggage is nearly three times more likely to arrive late in Europe than in the U.S. due to complex airport transfers and strikes.
CNBC's Simon Hobbs reports on all the market moving events in Europe on Wednesday as shares trade flat and investors await word from Janet Yellen.
LONDON, June 17- Britain and China signed deals on Tuesday worth more than 14 billion pounds during a visit by Chinese Premier Li Keqiang, with energy and finance dominating the trade agenda.
*More budget leeway key for Italy's support for Juncker. BRUSSELS/ ROME June 17- The European Union, supported by Germany, is working to meet an Italian demand to shift focus from austerity towards growth, in a deal that could help cement Jean-Claude Juncker as the next European Commission president.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the ECB effectively releasing more than 100 billion euros, and a big day for Siemens as they prepare to counter GE on Alstom.
*More budget leeway key for Italy's support for Juncker. *Germany supports Italy's push for more room for budget manoeuvre.
*China keen to put rights row behind it. LONDON, June 17- A $20 billion liquefied natural gas deal and a move to strengthen London's position in offshore yuan trading will crown a visit by Chinese Premier Li Keqiang to Britain on Tuesday.
BRUSSELS, June 17- The European Union is working on an interpretation of its budget rules to accommodate Italy's demand to shift policy focus to growth, the outgoing leader of the European Parliament's Socialists and Democrats group, Hannes Swoboda said on Tuesday.
*BP likely to supply volumes from U.S.- source. MOSCOW/ MILAN, June 17- BP will sign a deal worth around $20 billion on Tuesday to supply China National Offshore Oil Corporation with liquefied natural gas, Chief Executive Bob Dudley said at a conference in Moscow.
*Move to make Telefonica biggest Telecom Italia investor. MILAN, June 16- Italian banks Intesa Sanpaolo and Mediobanca moved on Monday to leave the shareholder pact that controls Telecom Italia, following insurer Generali and making way for new investors in the phone company.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including accelerating losses as the crisis in Iraq escalates.
*Slot-machine maker has a market value of nearly $4 bln. MILAN, June 16- Italian lottery operator GTECH is in preliminary talks to buy Las Vegas- based International Game Technology in a cash and shares deal that would make it a significant player in the casino slot machine business.
MILAN, June 16- Italian lottery operator GTECH said on Monday it was in preliminary talks to buy Las Vegas- based slot machine maker International Game Technology in a deal that could involve a cash and paper offer.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including BofE Mark Carney's warning of rate hikes and a hit to U.K. home builders.
LONDON, June 13- For decades many of Italy's top companies have been in the grip of shareholder pacts, often stifling reform, but its largest telecoms operator, Telecom Italia, could soon break free, letting in activist investors who sense an opportunity for profitable change.
*Hollande says France still matters in EU. *Diplomats, ministers say Paris absent on key issues. That is precisely what French President Francois Hollande did at a meeting of European Union leaders last month after his Socialist party's humiliating defeat by the hard right National Front in European Parliament elections.