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  • 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...

  • Italian 'King of Jeans' Fiorucci dies at 80 Monday, 20 Jul 2015 | 12:23 PM ET

    The news agency ANSA reported Monday that Fiorucci died of a sudden illness at his Milan home. Fiorucci opened its first shop in Milan in 1967 with novelties from London's Carnaby Street, expanding into a lifestyle brand and adopting the famed two angel logo a few years later. The brand was linked with some of the biggest pop cultural moments of the 1970 s and 1980 s,...

  • European markets close: Banks open in Greece Monday, 20 Jul 2015 | 11:24 AM ET
    European markets close: Banks open in Greece

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Europe stock gains and a rise in Italy bond yields.

  • UPDATE 1-Exor sweetens PartnerRe offer again Monday, 20 Jul 2015 | 11:21 AM 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...

  • All in the musical family Monday, 20 Jul 2015 | 10:10 AM ET
    All in the guitar family

    The D'Addario family has been making strings for musical instruments dating back to the 1600s in Italy.

  • ROME— Four Italian construction workers have been kidnapped in Libya near an industrial complex owned by the Italian energy giant Eni in the western city of Mellitah, Italy's Foreign Ministry said Monday. The ministry noted it had closed its embassy in Libya on Feb. 15 and urged Italians to leave the North African nation because of the dangers.

  • Italy to list $4.33B stake in post office on MIL Sunday, 19 Jul 2015 | 8:51 PM ET

    Italy is set to float its national post office in the first week of August, kicking off a 12 billion euro privatization program. The Financial Times reports.

  • UPDATE 1-Italy PM says will abolish home tax from 2016 Saturday, 18 Jul 2015 | 9:19 AM ET

    ROME, July 18- Italian Prime Minister Matteo Renzi on Saturday pledged to abolish a much-hated property levy next year and make further tax cuts in the future, and said his plan to bolster growth would not upset public finances. Speaking at a party assembly outside Milan, Renzi said he would eliminate a tax on primary residences from 2016. Renzi did not say how much...

  • European markets close: German parliament backs Greek talks

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the Greek prime minister reshuffling his own government.

  • CASTELFRANCO VENETO, Italy, July 17- Clusters of silkworms munch on piles of locally-grown mulberry leaves in a white marquee in Italy's northern Veneto region. This budding silk industry is minuscule compared to the 130,000 tonnes of silk China manufactured in 2013, according to the International Sericultural Commission. Italy- which is one of the world's...