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  • MILAN— Italian oil and gas company Eni says it lost 113 million euros in the second quarter due to a sharp decline in oil prices. CEO Claudio Descalzi said in a statement that the impact of falling hydrocarbon prices was partially contained by restructuring that helped the mid-downstream business. Eni increased its full-year guidance to a 7- percent growth in...

  • TORONTO, July 29- A Canadian law firm said it filed a lawsuit against Fiat Chrysler Automobiles on Wednesday seeking $4 billion in damages, in connection with the massive recall announced by the automaker earlier in July. Merchant Law Group said the lawsuit, which seeks class action status, was filed in the Superior Court in Montreal. It said it plans to file claims...

  • TORONTO, July 29- A Canadian law firm said it filed a lawsuit against Fiat Chrysler Automobiles on Wednesday seeking about $4 billion in damages, in connection with the massive recall announced by the automaker earlier in July. Merchant Law Group said the lawsuit, which seeks class action status, was filed in the Superior Court in Montreal. It said it plans to file...

  • July 29- PartnerRe Ltd, the reinsurance company that has a $6.6 billion merger agreement with Axis Capital Holdings, is now willing to negotiate a new deal with rival suitor Exor SpA, according to people familiar with the matter. This would be the first time that Bermuda- based PartnerRe negotiates a potential merger with Exor since the Italian investment...

  • *Italcementi jumps after bid from HeidelbergCement. LONDON, July 29- European shares rose on Wednesday, lifted by strong corporate results and bid activity, including HeidelbergCement's move to take control of Italcementi. In Europe, Italcementi surged 49 percent while HeidelbergCement fell more than 6 percent.

  • ROME— Pope Francis has declared a Jubilee Year for Rome, and the first of as many as 30 million people may start pouring into Rome. Just when Rome needs to be at its best, the city is being shamed by corruption scandals and a breakdown in public services— especially in the mass transit that many of the pilgrim masses will use. The actions are part of a protest against Rome...

  • MILAN— CNH Industrial, the Italian maker of construction and agriculture machinery, says second-quarter earnings dropped by more than half on lower sales of combines and larger tractors in North and South America. CNH Industrial, which was formed from the full merger of Fiat Industrial with its CNH subsidiary, reported Wednesday that profits dropped to 178...

  • *Italcementi jumps after bid from HeidelbergCement. LONDON, July 29- European shares rose on Wednesday, lifted by strong corporate results and bid activity including HeidelbergCement's move to take control of Italcementi. In Europe, Italcementi surged 50 percent while HeidelbergCement fell more than 5 percent.

  • France deploys riot police to bolster Calais security Wednesday, 29 Jul 2015 | 5:02 AM ET

    CALAIS, France— The young Afghan has tried every single day for three months to get into the railway tunnel in Calais leading to England and what he hopes will be a better life. Men and women, some hiding their faces beneath bandannas, walked single file to sneak over a bent fence along the train tracks leading to the tunnel and ultimately to England.

  • MILAN, July 27- Thai businessman Bee Taechaubol will be in Milan this week as talks to buy 48 percent of top-flight Italian soccer club AC Milan reach their end-of-the-month deadline for agreement, a source close to the matter said on Monday. Former prime minister Silvio Berlusconi, who has owned the Milan club since the 1980 s, approved an outline deal early in...

  • OZD, Hungary— The workers wake up in the middle of the night and walk miles to get to their jobs by 6 a.m. Taking up hoes and rakes, they toil for hours with little chance of rest. David Janiczak's leaderhip in Ozd gives clues into what Hungary might feel like if the surging Jobbik managed to unseat Prime Minister Viktor Orban's conservative Fidesz party— which is...

  • Thai Airways suspends unprofitable US flights Monday, 27 Jul 2015 | 2:22 AM ET

    BANGKOK— Thailand's beleaguered national airline said Monday it will suspend flights to the U.S. as part of efforts to end years of losses. The airline will suspend the unprofitable four roundtrip flights per week from Bangkok to Los Angeles and from Bangkok to Rome, starting October 25, Thai Airways President Jarumporn Chotikasathein said in a statement.

  • BANGKOK, July 26- Thai Airways International Pcl plans to cut 1,401 jobs through voluntary retirement this year and suspend its loss-making flights to Los Angeles and Rome as it pushes ahead with a restructuring plan, its president said on Sunday. Thai Airways aims to cut operating costs by up to 9 billion baht this year, Charumporn said. From Oct. 25, the carrier...

  • ROME— Italian news reports say at least seven people have died in an explosion at a fireworks factory near Bari, on Italy's Adriatic coast. Prosecutor Giuseppe Volpe was quoted as saying it will take at least a day for the flames to go out so firefighters can get inside. The factory was in full swing as many of Italy's small towns celebrate religious festivals at...

  • ROME— Italy's summer of woe got worse Friday with one strike at Pompeii that left lines of tourists baking in the sun outside the World Heritage archaeological site and another at Alitalia that left passengers scrambling to rebook cancelled flights. The slowdowns added to record-high temperatures and labor slowdowns that have made living in and visiting...

  • NEW YORK— The deal that, for now, decided the ride-hailing behemoth Uber's future in New York City began with a phone call to Rome. City Council Speaker Melissa Mark-Viverito on Tuesday called Mayor Bill de Blasio, who was attending a conference at the Vatican, to tell him she had secured enough votes to pass legislation that would put a severe cap on Uber's growth.

  • Culinary tourists driving growth in US tourism Thursday, 23 Jul 2015 | 2:02 PM ET

    MILAN— Culinary tourists are pushing growth in foreign tourism to the United States, which is transforming its image as a fast-food mecca to a land of regional tastes and dishes, said officials visiting the Expo 2015 world's fair focusing on food this week. Foreign tourism to the United States in 2014 rose by 7 percent to over 75 million, contributing $221 million...

  • European markets flat on day Thursday, 23 Jul 2015 | 11:30 AM ET
    European markets flat on day

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

  • Ferrari parent company files for share listing on NYSE Thursday, 23 Jul 2015 | 7:30 AM ET

    MILAN— Ferrari's parent company has filed an initial public offering to list shares of the luxury sports car brand on the New York Stock Exchange. Parent company Fiat Chrysler Automobiles said in a statement on Thursday that it has filed paperwork with the U.S. Securities and Exchange Commission, proposing an IPO of 10 percent of Ferrari's shares.

  • Revenue performance in the three months to the end of June was better than easyJet had forecast in May, boosted by increased demand for flights to southern European resorts such as Malaga, Alicante and Faro from northern Europe, and Britain in particular. Shares in easyJet, Europe's second biggest budget airline after Ryanair, gained 4.3 percent to 1,739 pence...