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  • *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.

  • 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.

  • 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...

  • EasyJet says some headwinds offset by demand Wednesday, 22 Jul 2015 | 3:33 AM ET
    Passengers queue up at the EasyJet counter at Berlin's Schoenefeld airport

    British low-cost airline easyJet guided to annual profit growth of up to 14 percent.

  • LONDON, July 22- British low-cost airline easyJet guided to annual profit growth of up to 14 percent, and said some of the headwinds it had flagged two months ago had been offset by higher demand on beach holiday routes. The guidance from easyJet, Europe's second-biggest budget carrier, comes after it said in May that competitive pressure on ticket prices meant...

  • NEW YORK, July 21- Billionaire investor Warren Buffett said on Tuesday that media reports that he and Italian real estate agent Alessandro Proto together purchased the island of St. Thomas, southwest of Athens, are "a total fabrication." "Until the reports started coming out I had never heard of the guy who is making the claims about the Greek Island," Buffett said in a...

  • The resignation of nine Toshiba executives, including the CEO, for doctoring books places the company beside the growing rogues' gallery of corporate desperados. The Houston company set a new standard for creative accounting practices. Tyco's CEO Dennis Kozlowski became the singular image of excess on Wall Street, throwing a $2 million birthday party for his...

  • European markets close: Goldman's view Tuesday, 21 Jul 2015 | 11:26 AM ET
    European markets close: Goldman's view

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Goldman's 3-month view.

  • UPDATE 2-Exor sweetens PartnerRe offer again Monday, 20 Jul 2015 | 6:51 PM ET

    MILAN, July 20- Italian holding company Exor has again sweetened its offer for U.S.-listed reinsurer PartnerRe to include a special dividend of $3 per share for common shareholders if it is chosen over rival suitor Axis Capital Holdings. The dividend, which would be paid by PartnerRe before closing of the deal with Exor, lifts the overall value of Exor's bid to...