Europe Top News and Analysis Italy

  • People and rescuers stand next collapsed buildings following an earthquake in Amatrice, central Italy, August 24, 2016.

    Monitors say two earthquakes have hit central Italy in short succession, with tremors felt in the capital, Rome.

  • KIEV/ MILAN, Jan 18- A power blackout in Ukraine's capital Kiev last month was caused by a cyber attack and investigators are trying to trace other potentially infected computers and establish the source of the breach, utility Ukrenergo told Reuters on Wednesday. When the lights went out in northern Kiev on Dec. 17-18, power supplier Ukrenergo suspected a cyber...

  • KIEV/ MILAN, Jan 18- A power blackout in Ukraine's capital Kiev last month was caused by a cyber attack and investigators are trying to trace other potentially infected computers and establish the source of the breach, utility Ukrenergo told Reuters in emailed comments on Wednesday. When the lights went out in northern Kiev on Dec. 17-18, power supplier Ukrenergo...

  • *FTSE makes biggest one-day drop since June 2016. MILAN, Jan 17 (Reuters)- European shares ended flat on Tuesday, coming off lows after British Prime Minister Theresa May provided some clarity on her country's plans to leave the European Union. Concerns over a "hard" Brexit had been weighing on the pound in recent weeks, helping the FTSE end at all-time highs on Monday...

  • FRANKFURT, Jan 17- Germany's Lufthansa is not in talks about Etihad Airways taking a stake in the German airline, two sources familiar with the matter said on Tuesday, denying an Italian newspaper report that said it was. A source familiar with state-owned Etihad also said Abu Dhabi would not want to pay for a stake in Lufthansa. Il Messaggero earlier reported,...

  • *Pan-European STOXX index up 0.1 pct; UK's FTSE down 1 pct. MILAN, Jan 17 (Reuters)- European shares steadied on Tuesday, coming off lows as British Prime Minister Theresa May detailed her country's position on leaving the European Union, helping banking and travel stocks turn positive. Britain's blue-chip FTSE fell 1 percent to the day's low as the sterling surged...

  • *Etihad mulls taking 30-40 pct stake in Lufthansa- Il Messaggero. MILAN, Jan 17- Germany's Lufthansa and Etihad Airways are in talks to possibly merge the two airlines, Italian newspaper Il Messaggero said in an unsourced report on Tuesday, boosting the German airline's share price. According to the paper, managers from both companies have for weeks been...

  • The Obama administration says it hopes leaders of the U.K. and European Union will engage in a process that prevents "economic disruptions." The leader of Britain's right-wing U.K. Independence Party says he is "broadly impressed" by British Prime Minister Theresa May's speech on Brexit but added she isn't moving quickly enough toward exiting the country from...

  • *Full 2016 results due on March 1. BERLIN/ STOCKHOLM, Jan 17- Lower-than-expected quarterly sales hit shares in Zalando, Europe's biggest pure online fashion retailer, which said it would open a new distribution centre in Sweden this year to speed up delivery across the Nordic region. Zalando said fourth-quarter sales rose 25-26 percent to between 1.086 billion...

  • Jan 17- The group created by the merger of Italy's Luxottica and France's Essilor will consider a listing in both Italy and France, as well as the United States, Luxottica founder Leonardo del Vecchio was quoted as saying on Tuesday. "The double listing is an option on the table which we will evaluate in the next days, and so will the listing on the U.S. market," said Del...

  • MILAN, Jan 16- Tests conducted on Fiat Chrysler vehicles show they are compliant with regulations and contain no emissions defeat devices as alleged by Germany, Italy's transport ministry said in a statement on Monday. Tensions have risen between Rome and Berlin over the issue, with German Transport Minister Alexander Dobrindt saying at the weekend that Fiat...

  • A ministry statement Monday says it carried out the necessary checks and sent a detailed report to Germany indicating the model "meets the existing regulations" on emissions testing. Italian Transport Minister Graziano Delrio says "we have nothing to hide" and "you don't give orders to a sovereign country like Italy." Italy says its test results were given to...

  • Del Vecchio has long insisted that none of his six children should carry the burden of a big firm like Luxottica, which he founded in 1961 in Agordo, a tiny village in the Dolomite foothills in north-east Italy. Widely respected in Italy, Del Vecchio is credited with turning Luxottica into a global player with 7,800 shops in 150 countries by striking licensing...

  • MILAN— Impish, boyish looks are permeating the Milan menswear runway this season, and the mood seems to be a search for a simpler past. Hooded parkas with contrasting color panels, straight trousers, boxy jackets and slightly oversized knitwear bely a nostalgia for the 1970 s— a time when, more than one designer has recalled, there was more social protest and less...

  • Italy's banks a contributing factor in rating downgrade: DBRS

    Fergus McCormick, co-head of sovereign ratings and chief economist at DBRS, explains why his organization has cut Italy's credit rating.

  • *Del Vecchio to be CEO, executive chairman of merged group. *Del Vecchio to own between 31 pct and 38 pct of group. *Essilor chief to have same powers as Del Vecchio.

  • According to the research report published in the Times on Monday, there is a "good chance" Deutsche Boerse will relocate derivatives trading from London to Frankfurt. http://bit.ly/2jVIlff. LSEG and Deutsche Börse are committed to maintaining the strengths and capabilities of their respective operations in London and Frankfurt, "LSEG said in a statement.

  • PARIS— A new European eyewear giant worth more than 50 billion euros is set to emerge as Italy's Luxottica— owner of Ray-Ban and Oakley glasses— merges with French lens manufacturer Essilor. Shares jumped in both Luxottica, which is based in Milan, and Essilor, headquartered near Paris. The boards of Essilor and Luxottica approved the merger in meetings Sunday.

  • Opportunity for synergy between Luxottica and Essilor: Pro

    Deane McRobie, consumer and retail reporter at Mergermarket Group, discusses the latest deal between eyewear maker Luxottica and lens company Essilor.

  • *Del Vecchio to be CEO, executive chairman of merged group. *Del Vecchio to have between 31 pct and 38 pct of group. *Essilor's chief to have same powers as Del Vecchio.