Europe Top News and Analysis Italy

  • ROME, Aug 29- Facebook Inc. will not become a media company, its founder and CEO Mark Zuckerberg said on Monday, telling students the firm would remain a technology platform. It was the latest in a string of meetings the pontiff has held with Silicon Valley leaders, including Apple CEO Tim Cook and Alphabet's boss Eric Schmidt. Zuckerberg also on Monday met Italian...

  • Italy business and consumer confidence slides in August

    CNBC's Seema Mody reports on all the market moving events in Europe today, including currencies, France's Alstom and European oil stocks being among the biggest decliners.

  • ROME— The Latest on Italy's devastating earthquake:. In all, 292 people are confirmed dead in several towns in central Italy. Authorities say two more bodies have been pulled out from the rubble of the central Italy earthquake, raising the overall death toll to 292..

  • ROME— Italian quake survivors rebelled in anger Monday over the government's plan to hold a state funeral for their loved ones in an airport hangar in a distant town, where scores of bodies are being kept in refrigerated trucks, and let them watch it on screens from near their emergency tent camp. One relative of 7- year-old twins who perished in central Italy's...

  • MILAN, Aug 29 (Reuters)- European shares fell on Monday as top Federal Reserve officials bolstered expectations for a U.S. rate hike this year, while Alstom bucked the weaker trend after a contract win. The pan-European STOXX 600 index fell 0.3 percent, giving back gains seen in the previous session, while a holiday closure of UK markets was expected to keep activity...

  • Firefighters climb rubble of a damaged house in San Lorenzo near the Italian village of Amatrice after a 6.2-magnitude earthquake struck.

    Rescuers believe they have found more bodies in the rubble of Amatrice, after an earthquake struck central Italy killing 290 people.

  • AMATRICE, Italy— Italian authorities are vowing to investigate whether negligence or fraud in adhering to building codes played a role in the high death toll in last week's earthquake in Italy. Over the past two days, they found six more bodies in the rubble of Hotel Roma in Amatrice, the medieval hill town in mountainous central Italy that bore the brunt of...

  • STERLING HEIGHTS, Mich., Aug 26- Fiat Chrysler Automobiles has been approached by several suitors for its components business Magneti Marelli, the carmaker's chief executive said on Friday, without giving names or mentioning how many had shown interest. Sergio Marchionne also indicated it is still possible that FCA will continue production of the compact...

  • Search & clean up operations continue after Italy quake

    NBC's Lucy Kafanov reports from Italy on the aftermath of the deadly earthquake in Amatrice and Accumoli.

  • *STOXX Europe 600 index up 0.5 pct. MILAN, Aug 26 (Reuters)- European shares rose on Friday after Federal Reserve chair Janet Yellen gave no firm indication about when the Federal Reserve might raise interest rates, encouraging markets after hawkish comments from Fed policymakers last week. "Markets had been half-expecting some hawkish noises around a possible...

  • European in the green

    CNBC's Sara Eisen reports on all the market moving events in Europe today, including the Euro lower after Fed chair Janet Yellen's Fed speak at Jackson Hole, the world's biggest pension fund blaming Brexit for its loss and more.

  • LONDON— Billionaire entrepreneur Richard Branson said Friday he thought he was going to die after flying head first off his bicycle in the British Virgin Islands. The Virgin Group boss hit a hump in the road on Virgin Gorda, one of the islands in the Caribbean, catapulting him into the road. Branson was training for September's Virgin Strive Challenge, an event in...

  • LONDON, Aug 26- Big financial groups in London are losing faith in a quick fix to get access to the European Union after Britain leaves the bloc and are instead drawing up contingency plans to avoid becoming hostage to Brussels politics. In the aftermath of Britain's vote to leave the EU, legal experts said banks, insurers and asset managers in London using...

  • *Inner Mongolia to shutter about 2.9 mln T of steel capacity. LONDON, Aug 26- Zinc hit its highest levels in 15 months on Friday as bearish speculators scrambled to close out positions, though some investors doubted that the hefty gains were entirely justified. LME zinc rallied to its highest since May 2015 at $2,327.50 a tonne before retreating to $2,321 by 1000...

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

    The death toll from an earthquake in central Italy rose to 267 as families prepared to hold the first funerals.

  • Rescuers work on a collapsed building following an earthquake in Amatrice, Italy, August 24, 2016.

    Rescue crews labored through the night to find people still buried under the rubble of Wednesday's 6.2-magnitude earthquake in Italy. NBC News reports.

  • MILAN, Aug 25 (Reuters)- European equities fell on Thursday, dragged down by weaker miners and drugmakers, with investors cutting their exposure to riskier assets ahead of a key speech by Federal Reserve Chair Janet Yellen on Friday. The pan-European STOXX 600 index closed 0.8 percent lower, also weakened by a disappointing sentiment survey in Germany and...

  • Tuscan bread is topped with fresh olive oil for a taste during the harvesting of olives at the Castello La Leccia estate on in Castellina in Chianti (Siena), Italy

    Olive oil prices may have softened this year after a stellar 2015, but one analyst isn't expecting a sudden plunge.

  • U.K.'s ITV withdraws bid to buy 'Peppa Pig' owner

    CNBC's Sara Eisen reports on all the market moving events in Europe today, including European stocks falling on weaker German business sentiment, and U.K.'s ITV withdrawing a bid to buy 'Peppa Pig' owner.

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

    More than 4,300 rescuers are using heaving equipment and bare hands to continue rescue efforts in the aftermath of a 6.2-magnitude quake that hit central Italy.