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  • BRUSSELS, May 5- The European Commission said on Tuesday it had approved a joint venture between two of the world's biggest coffee processors, Mondelez International of the United States and Dutch firm DE Master Blenders, conditional on asset sales. A spokeswoman for DE Master Blenders declined to comment, and officials at Mondelez were not immediately...

  • *Greek ministers visit Frankfurt, Brussels, Paris. ATHENS/ BRUSSELS, May 5- Greece stepped up diplomacy with euro zone partners on Tuesday to try to avert a potentially catastrophic funding crunch this month, when it must make a big debt repayment to the IMF as cash reserves dry up. Ministers were travelling to Frankfurt, Brussels and Paris to plead for a loosening of...

  • Italian Fin Min: Greek talks will see results soon

    Pier Carlo Padoan, finance minister of Italy, expects the Eurogroup meeting on May 11 to see "tangible results" as Greece risks running out of cash in "maybe a couple of weeks."

  • Italian fashion welcomes Expo   Sunday, 3 May 2015 | 7:00 PM ET
    A giant poster is seen in the window of a Prada SpA store in Berlin, Germany.

    Some of Italy's biggest luxury brands are hoping for a big boost in business because of the World Expo. CNBC's Phil Han reports from Milan.

  • Berlusconi met Bee for the second time this week but a statement from Fininvest dismissed growing media speculation in recent months that he could sell a majority stake in Milan, one of Italy's most glamorous clubs. Italian media reports said Bee was offering 500 million euros for a 51 percent stake in Milan, aiming to join a series of other foreign tycoons who...

  • Milan rioters smash shops, throw smoke bombs Friday, 1 May 2015 | 11:56 AM ET

    Milan has been waiting since 2008 for this day and now it has finally come—but takeoff for the World Expo 2015 looks to be overshadowed by violent protests.

  • European markets close & protests in Milan   Friday, 1 May 2015 | 11:31 AM ET
    European markets close & protests in Milan

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the United Kingdom general election and debt negotiations in Greece.

  • UPDATE 3-Clashes overshadow start of Milan Expo Friday, 1 May 2015 | 11:25 AM ET

    *Expo 2015 seen as showcase for Italy. Thick clouds of smoke from burning cars filled parts of the centre of Milan as groups of protesters, their faces masked against the fumes, threw stones and faced off against lines of police in riot gear. "Today it is as though Italy is embracing the world," he said at the opening, which featured a fly-past by jets trailing the colours...

  • Has Italy wasted this billion-dollar opportunity? Friday, 1 May 2015 | 3:00 AM ET
    Students protest against the Milan Expo

    As the six-month-long Milan Expo gets under way, we take a look at what it is, how much it cost and why not everyone’s happy about it.

  • European markets close: Eurozone bonds raise eyebrows   Thursday, 30 Apr 2015 | 11:31 AM ET
    European markets close: Eurozone bonds raise eyebrows

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Spanish Q1 GDP growth.

  • Shares in Finnish firm Nokia fell 8.2 percent after it posted quarterly profits well below forecast at its main telecom network equipment business, citing lower software sales, higher costs and challenging conditions in Europe and Latin America. "It came as a surprise to many because Nokia's business mix was supposed to be a bit better than this," Evli Bank...

  • *Fiat Chrysler CEO Calls for "largescale" consolidation. MILAN/ DETROIT, April 29- Fiat Chrysler Automobiles Chief Executive Sergio Marchionne on Wednesday made a plea for shrinking the number of players in the global auto industry as the company reported lower-than-expected first quarter results and outlined new plans to boost North American profit...

  • Europe dives after weak US GDP   Wednesday, 29 Apr 2015 | 11:21 AM ET
    Europe dives after weak US GDP

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the euro heading higher after weaker-than-expected U.S. GDP in the first quarter.

  • MILAN, April 29- Italian oil services company Saipem said it would vigorously contest a 174.2 million euro lawsuit from a group of investors claiming the firm overstated profits. Deminor Recovery Services, representing 64 institutional investors, said on Wednesday it was seeking the damages to cover losses on share purchases caused by Saipem's alleged...

  • MILAN, April 29- Fiat Chrysler Automobiles on Wednesday reported a slightly lower than expected rise in first-quarter operating profit as Latin American losses dented a strong performance in North America. The world's seventh-largest carmaker, which moved its primary listing to New York in October and is due to spin off luxury unit Ferrari later this year,...

  • European markets close: UK GDP slowing down   Tuesday, 28 Apr 2015 | 11:21 AM ET
    European markets close: UK GDP slowing down

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including slowing UK Q1 GDP growth and European healthcare.

  • European markets close: Greek exit near?   Monday, 27 Apr 2015 | 11:27 AM ET
    European markets close: Greek exit near?

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the exit of Greece from the eurozone and European banks.

  • CATANIA, Italy, April 24- An Italian judge on Friday ordered that the presumed captain of a migrant boat that sank with the loss of more than 700 lives should remain in custody after prosecutors asked for him to be charged with multiple homicide and people-trafficking. Mohammed Alì Malek, 27, denies that he was in charge of the heavily overloaded fishing boat...

  • *EU summit agreed to triple search and rescue mission off Libya. *Land routes into Europe also deadly; train kills 14 migrants. BRUSSELS/ SKOPJE, April 24- British and German warships made ready to sail for waters off Libya as Europe ramped up rescue operations in the Mediterranean after up to 900 desperate migrants drowned last weekend on a boat heading for Italy.

  • European markets close: Euro banks doing well   Friday, 24 Apr 2015 | 11:27 AM ET
    European markets close: Euro banks doing well

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Electrolux and European banks.