Prada tries to renegotiate Hong Kong shop rents amid China slowdown


MILAN - Italian fashion house Prada is trying to negotiate lower shop rents in Hong Kong and Macau to reflect weak sales and the dwindling flow of wealthy tourists from mainland China, its chairman said on Thursday.


UniCredit CEO says no numbers yet on potential lay-offs 03 Sep 2015

MILAN - UniCredit Chief Executive Federico Ghizzoni declined to comment on Thursday on a report that the Italian bank was mulling more than 10,000 lay-offs saying there were no specific figures yet on the table.


Euro zone August business growth at four-year high, still weak - PMI 03 Sep 2015

LONDON, - Euro zone business activity accelerated at its fastest pace in more than four years last month as Italy turned in its best performance since early 2011 and German growth strengthened, surveys showed on Thursday.


New EU migrant plans ready next week - Avramopoulos 01 Sep 2015

BRUSSELS - The EU executive will outline new plans next week to share out refugees across European states as well as to speed deportations of unwanted migrants, the 28-nation bloc's migration commissioner said on Tuesday.

Euro zone unemployment falls to three-year low in July 01 Sep 2015

BRUSSELS - Unemployment in the euro zone unexpectedly fell to its lowest level in more than three years in July with a sharp decline in the volatile figure in Italy.

Car bomb damages Italy's ENI joint venture office in Libyan capital 31 Aug 2015

TRIPOLI - A car bomb went off in Libya's capital Tripoli on Monday in front of the headquarters of Mellitah, an oil and gas joint venture between Italy's ENI and Libyan state oil firm NOC, witnesses said.


EU says it may offer Hungary more help with migrants 31 Aug 2015

CALAIS, France - The European Union could soon fund and set up new reception facilities for asylum-seekers in Hungary as it is already doing in Italy and Greece, its migration commissioner said on Monday.

Analysis - Why reforms don't work so well in Italy 30 Aug 2015

ROME - When Italian Public Administration Minister Marianna Madia tried to take advantage of a reform that should have allowed her to change her residency online, the local council said it couldn't be done.

Migrant crisis will lead to uniform EU rules - Renzi 30 Aug 2015

ROME - The European Union migrant crisis will eventually push the 28-nation bloc to adopt uniform rules for refugees and end a patchwork of norms that have exacerbated the emergency, Italian Prime Minister Matteo Renzi said.


Italy's Renzi brushes off concerns over Senate reform drive 30 Aug 2015

ROME - Italy's government has sufficient backing in parliament to force through its contested reform of the Senate, Prime Minister Matteo Renzi said on Sunday, dismissing suggestions he might have to seek early elections.


Migrants scuffle with Hungary police; dead toddler's image shocks Europe

BICSKE, Hungary/MUGLA, Turkey - Migrants forced from a train in Hungary scuffled with helmeted riot police and some clung to railway tracks on Thursday, as politicians across Europe struggled to respond to public opinion appalled by images of a drowned 3-year-old boy. | Video