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France to nationalise STX shipyard if Italy snubs ownership deal

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PARIS The French state said on Wednesday it would nationalise the STX France shipyard if Italy does not accept its offer to split STX's capital equally, putting down a marker on the limits of economic liberalism under new President Emmanuel Macron.

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EU warns U.S. it may respond swiftly to counter new sanctions on Russia 26 Jul 2017

BRUSSELS The European Union warned on Wednesday that it was ready to act within days to counter proposed new U.S. sanctions on Russia, saying they would harm the bloc's energy security.

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Libya invites Italy into its waters to fight human trafficking 26 Jul 2017

ROME Libya's Tripoli-based government has invited Italian war ships into its territorial waters to support the fight against human trafficking, Italian Prime Minister Paolo Gentiloni said on Wednesday.

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France to nationalise STX shipyard if Italy snubs ownership deal 26 Jul 2017

PARIS The French state said on Wednesday it would nationalise the STX France shipyard if Italy does not accept its offer to split STX's capital equally, putting down a marker on the limits of economic liberalism under new president Emmanuel Macron.

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Italy seeks 'code of conduct' for charity ships as death toll rises 25 Jul 2017

ROME The Italian government on Tuesday threatened to shut humanitarian groups that operate migrant rescue ships in the Mediterranean out of the country's ports if they do not sign a "code of conduct".

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Armani reorganises brands as revenue, profit margins slip 25 Jul 2017

MILAN Italian luxury goods group Armani said on Tuesday it was reorganising its brands around three core labels and streamlining its shop network to counter a difficult business environment.

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Australian minister quits after finding out he may also be Italian 25 Jul 2017

SYDNEY Powerful Australian minister Matthew Canavan on Tuesday became the third politician forced to step aside over a question of dual citizenship, saying he was unaware his mother had taken out Italian citizenship for him when he was 25.

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Italian state plan for Colosseum gets thumbs-up after court fight 24 Jul 2017

ROME Italy's top administrative court awarded victory to the government in a dispute over the management of the Colosseum amphitheatre on Monday, rejecting objections from Rome's anti-establishment mayor.

Italy upset over French diplomatic intervention in Libya 24 Jul 2017

ROME A French diplomatic initiative aimed at resolving Libya's long-running crisis angered Italian officials on Monday, who saw it as another example of newly elected President Emmanuel Macron snubbing Rome.

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Luxottica on track with targets and Essilor deal after steady first half 24 Jul 2017

MILAN Italian eyewear group Luxottica is on track to meet full-year targets and win regulatory approval for its planned merger with France's Essilor, it said on Monday, after its first-half underlying operating profit came in just ahead of forecasts.

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Trump to ban transgender U.S. military personnel, reversing Obama

WASHINGTON President Donald Trump said on Wednesday he would ban transgender people from the U.S. military, a move appealing to some in his conservative political base but creating uncertainty about the fate of thousands of transgender service members. | Video