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Europe Top News and Analysis Italy

  • ZURICH, Jan 22- Luxury goods maker Richemont on Monday offered up to 2.8 billion euros to take full control of Yoox Net-A-Porter in a bid to expand the online retailer as competition for online sales of high-end products grows. Richemont, who like many peers in the luxury industry has been slow in pushing online sales, offered of 38 euros per share for YNAP, an almost...

  • ZURICH, Jan 22- Luxury goods maker Richemont on Monday offered up to 2.8 billion euros to buy the shares in Yoox Net-A-Porter that it does not already own in a deal aimed at boosting the Swiss company's online presence. The deal values Italy's Yoox Net-A-Porter at about 5.3 billion euros, YNAP Chief Executive Federico Marchetti said on Twitter.

  • ZURICH, Jan 22- Luxury goods maker Richemont on Monday offered up to 2.8 billion euros to buy the shares in Yoox Net-A-Porter that it does not already own in a deal aimed at boosting the Swiss company's online presence. The offer, for 38 euros per share for the 75 percent of shares that Richemont does not own represents an almost 26 percent premium to Yoox...

  • The talks to form a German government are welcome, but...

    Cedomir Nestorovic of the ESSEC Business School says the ability of German Chancellor Angela Merkel to build a governing coalition faces another test.

  • LIMA, Jan 21- Pope Francis celebrated an open air Mass for more than 1 million people on Sunday, ending a trip to Chile and Peru marked by tough talk on political corruption but a backlash over what many see as his insufficient resolve to tackle sexual abuse in the Church. The Catholic Church's record on sexual abuse loomed large in both countries, but mostly in Chile,...

  • MILAN/ ROME, Jan 19- Italian airports and motorway operator Atlantia said on Friday it would call a shareholder meeting to vote on changes to its offer for Spanish rival Abertis, as it seeks to strengthen its hand in a bid battle. Hochtief is currently in the lead, having submitted a higher bid on Oct. 18 that values Abertis at around 17.1 billion euros.

  • Hung parliament highly unlikely after Italian election: Pro

    Justin Frosini, professor at Bocconi University and SAIS John Hopkins University, speaks about the upcoming Italian election.

  • Silvio Berlusconi appears as a guest on the talk show ''L'aria che tira' television channel La7 on January 18, 2018 in Rome, Italy.

    The 81-year-old media mogul is once again at the center stage of Italian politics and could have a pivotal role in the upcoming general election.

  • A woman looks at the Apple iPhone 7 at a shop in Seoul on October 21, 2016.

    A South Korean consumer group filed a criminal complaint against Apple CEO Tim Cook over slower iPhone devices.

  • *Switzerland's Geberit rises after update. The pan-European STOXX 600 was up 0.2 percent at its close, while the UK's FTSE declined 0.3 percent. Switzerland's Geberit posted the best performance among European stocks, with a 6.5 percent rise after reporting a 3.5 percent increase in 2017 sales.

  • *Switzerland's Geberit rises after update. The pan-European STOXX 600 was up 0.2 percent at its close, while the UK's FTSE declined 0.3 percent. Switzerland's Geberit posted the best performance among European stocks, with a 6.5 percent rise after reporting a 3.5 percent increase in 2017 sales.

  • Hands embracing Earth

    Investing in five of the worst-performing stock markets around the globe has beaten international benchmarks — by a lot.

  • He said the ring earned cash from drug trafficking, gambling and prostitution in locations throughout Italy, which they used to take over transportation companies in Italy, France, Spain and Germany. More than 50 people were under investigation, most in the Tuscan city of Prato, a key center of Chinese business in Italy. Arrest warrants were issued for 33 people,...

  • *London's FTSE down 0.1 pct. LONDON, Jan 18- European shares notched up modest gains on Thursday, failing to match a rally that lifted Wall Street and Asia to new records. The pan-European STOXX 600 was up 0.2 percent by 0911 GMT but the UK's FTSE was down almost 0.3 percent.

  • ROME, Jan 18- Italy's banking industry is lobbying European lawmakers to change what it sees as unfairly harsh regulation of a common lending practice in the country, a campaign that if successful would ease pressure on lenders to raise more capital. So-called "salary-secured" loans, popular in Italy but rare elsewhere in the European Union, are made to workers on...

  • FRANKFURT/ BRUSSELS, Jan 17- Euro zone officials could pick a new European Central Bank vice president within weeks, kicking off two years of flux at the top of one of Europe's most vital institutions and previewing a tussle to replace ECB chief Mario Draghi in 2019.. Germany is seen as eager to claim the presidency at last, two decades after the ECB's creation, but...

  • FRANKFURT, Jan 17- Deutsche Bank expects to move fewer staff than some senior officials had expected from London to the continent following Britain's departure from the European Union. "Not thousands will move from London, but rather hundreds", Stefan Hoops, the head of Deutsche Bank's capital market division in Germany, told journalists on Wednesday.

  • FRANKFURT, Jan 17- Deutsche Bank expects far fewer staff than some had expected to move from London to the continent following Britain's departure from the European Union. "Not thousands will move from London, but rather hundreds", Stefan Hoops, the head of Deutsche Bank's capital market division in Germany, told journalists on Wednesday. Deutsche Bank is...

  • Only Britain shrank, ceding 6- percent of the market on the heels of the vote to leave the European Union. The southern European nations of Italy and Spain, hardest hit by the six-year crisis, tallied the strongest gains, nearing 8 percent, followed by economic powerhouses France at nearly 5 percent and Germany at nearly 3 percent. Mass-market carmaker PSA Peugeot...

  • Burlosconi could be set to come bakc

    Fasanara Capital CEO and CIO Francesco Filia discusses the upcoming Italian election.