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Europe Top News and Analysis Italy

  • *STOXX 600 down 0.5 pct, but remains close to 13- month high. MILAN, Feb 17- European shares fell on Friday with gains in insurance heavyweight Allianz and firmer pharma stocks more than offset by a pull-back in banking and mining stocks. Europe's largest insurer proposed spending 3 billion euros on buying back its own shares after posting higher-than-expected...

  • *Leadership contest seen delaying explosive Italy election. The ECB currently weights its purchases based on the size of a country's economy, meaning the lion's share of buying is in Germany, but investors expect any deviation from that could benefit country's with the biggest debt pools such as Italy. Although investors in Italy have been beset by political...

  • *Leadership contest seen delaying explosive Italy election. The ECB currently weights its purchases based on the size of a country's economy, meaning the lion's share of buying is in Germany, but investors expect any deviation from that could benefit country's with the biggest debt pools such as Italy. Although investors in Italy have been beset by political...

  • *Leadership contest seen delaying explosive Italy election. The ECB currently weights its purchases based on the size of a country's economy, meaning the lion's share of buying is in Germany, but investors expect any deviation from that could benefit country's with the biggest debt pools such as Italy. Although investors in Italy have been beset by political...

  • ROME— Taxi drivers in Rome, Milan and Turin are staging wildcat strikes to protest proposed Italian legislation they say will favor Uber and other car-sharing services. The ANSA news agency reported that with taxis still idled Thursday, Rome's airports arranged for extra shuttle services to get passengers into town. A Milan court in 2015 ruled that Uber's...

  • ROME— Italian art conservationists have restored two funerary busts from the ancient city of Palmyra, Syria that were badly damaged by members of the Islamic State group. Restorers in Rome used a 3- D printer to generate replicas of the missing parts of the busts, which date from the 2nd or 3rd centuries A.D. After Palmyra fell to Islamic State militants in 2015,...

  • MILAN, Feb 16- The European Union is likely to select a new home for the bloc's London- based medicines regulator by June, according to the mayor of Milan, one of several cities vying to host the organisation after Brexit. Other countries vying to host the agency include Denmark, Sweden, Spain, France, Ireland and Poland. Sala was flanked at the briefing by Economy...

  • WINNIPEG/ ROME, Feb 15- Canada has raised concerns with Rome about Italy's plan to require country of origin labels on pasta sold there, Canada's agriculture minister said on Wednesday about a move that is alarming Canadian wheat exporters just as a free trade deal gained European approval. Rome sent a draft decree to the European Commission in December, seeking...

  • Defence Minister James Mattis addresses the press during a NATO defence ministers' meetings at the NATO headquarters in Brussels on February 15, 2017.

    "I owe it to you to give you clarity on the political reality in the United States, and to state the fair demand from my country's people," Mattis said.

  • VATICAN CITY, Feb 15- Pope Francis appeared on Wednesday to back Native Americans seeking to halt part of the Dakota Access Pipeline, saying indigenous cultures have a right to defend "their ancestral relationship to the earth." The Latin American pope, who has often strongly defended indigenous rights since his election in 2013, made his comments on protection...

  • *Opel business has struggled for profitability. In separate statements, GM which owns the Vauxhall and Opel brands, and the maker of Peugeot, Citroen and DS cars said they were looking at a number of "strategic initiatives" with the aim of increasing profitability and operating efficiency, including through a potential acquisition of Opel.

  • *Opel business has struggled for profitability. The maker of Peugeot, Citroen and DS cars is "exploring a number of strategic initiatives with GM with the aim of increasing its profitability and operating efficiency, including a potential acquisition of Opel," a spokesman said. Together, PSA and Opel would command a 16.3 percent share of the European car market...

  • BRUSSELS/ MILAN, Feb 14- Gazprom's bid to tap into a pipeline meant to wean Europe off Russian gas threatens to undermine a pillar of European energy policy and slow plans to develop rival deposits in the east Mediterranean. Construction work on TAP gives EU officials the first non-Russian gas pipeline to supply Europe since Algeria's Medgaz link nearly a...

  • MILAN, Feb 13- Luxury fashion group Prada said sales had accelerated in the past two months, particularly in Greater China and Russia, pointing to an improving outlook after its revenues slumped last year. Sales in Greater China grew in the final quarter of 2016 and Russian sales were up "double-digit". Greater China is Hong Kong- listed Prada's biggest market.

  • BRUSSELS, Feb 12- Michel Barnier, the European Union's chief Brexit negotiator, currently has a 29- strong team to coordinate Brussels' efforts to reach a divorce deal with Britain by 2019:. Deputy chief negotiator Sabine Weyand, is a German veteran of the Commission, who studied at Cambridge in the 1980 s. Her seven-strong unit includes legal and diplomatic...

  • *Frenchman Michel Barnier is EU Brexit negotiator. BRUSSELS, Feb 12- Michel Barnier has a dealmaker's flair for gauging what the other side can accept but as Theresa May prepares to launch Brexit negotiations some EU officials wonder if Brussels' man can really figure out what she wants. That is a nagging question for European Union leaders who need the veteran...

  • The week saw volatility because of investor unease over how parliamentary elections in France this spring might pan out and the re-emergence of concerns that Greece might leave the euro. "Sentiment today is supported by good economic data from China, Italy and the UK... but the week has seen ups and downs as investors seek reassurance that Europe will hold...

  • *Spain seeks to grab luxury tourism share. MADRID, Feb 10- Restorers of vintage stained glass are enjoying a new lease on life in Madrid these days, bringing their artisanal skills to a luxury retail and hotel complex in the centre of Spain's capital. Regional governments, construction and travel firms as well as shops are working hand-in-hand to recast Spain- and...

  • Italy could have snap elections as soon as June with three of the four major parties tapping into anti-euro sentiment in the country.

  • MILAN/ LONDON, Feb 8- European shares edged ahead on Wednesday, helped by good earning updates, but bank stocks hit a five-week low on growing concerns over the region's crowded election agenda this year. At the forefront of investors' concerns is the French presidential election, with worries about the strong showing of far-right candidate Marine Le Pen keeping...