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Italy's youngest ever premier felled by discontented youth


ROME Twenty-year-old Francesco Incorvaia, a sociology student from Rome, was just the kind of voter Matteo Renzi had spent years trying to win over.


UniCredit in exclusive talks to sell Pioneer to Amundi 05 Dec 2016

MILAN UniCredit entered exclusive talks with France's Amundi to sell its asset management arm Pioneer Investments, Italy's biggest bank said, setting the scene for a deal that could be worth more than 3.5 billion euros (3 billion pound).


France's Amundi likely winner in bid for UniCredit's Pioneer - sources 04 Dec 2016

MILAN France's Amundi is the likely winner in the bidding race to buy UniCredit's asset manager Pioneer, beating a consortium led by Italy's post office and Ameriprise Financial , two sources close the matter told Reuters on Sunday.


France's Left starts fightback after Hollande bows out of presidential race 03 Dec 2016

PARIS France's Left on Saturday launched a bid to re-energise supporters disenchanted by Francois Hollande's five years in power and find a candidate to unite the ranks ahead of a presidential election next year where it could face humiliation.

France, UAE launch fund to protect monuments in conflict areas 03 Dec 2016

DOHA France and the United Arab Emirates on Saturday launched a $100 million fund to protect heritage sites threatened by extremism and conflict after the destruction last month of an ancient palace by Islamic State militants in Iraq.


French presidential race centres on 'top cop' Valls after Hollande bow-out 02 Dec 2016

PARIS Prime Minister Manuel Valls emerged on Friday as the possible standard bearer of the ruling Socialists in France's presidential election following Francois Hollande's shock announcement that he would not seek a second term.


Grim Hollande says he won't seek second term as French president 02 Dec 2016

PARIS President Francois Hollande shocked France on Thursday by announcing he would not seek a second term next year, acknowledging his deep unpopularity and making way for another leftist candidate to take on conservative Francois Fillon and far-right leader Marine Le Pen. | Video


Unpopular Hollande doomed by failure of jobs promise 01 Dec 2016

PARIS Francois Hollande staked his political fate on a promise to bring down unemployment, and it was his failure to turn around the economy that made him France's most unpopular president ever.


France to tighten rules for asset managers 01 Dec 2016

LONDON France's markets watchdog (AMF) has proposed detailed rules on when asset managers can limit repayments from funds to investors in stressed markets, becoming the latest regulator to turn a spotlight on the growing asset management sector.


French Left try to start fightback while they wait for Hollande 01 Dec 2016

PARIS France's ruling Socialists, staring at prospective humiliation in next year's presidential election, are cranking up their election machine in a bid to re-energise voters disenchanted by Francois Hollande's five years in power.