Italy

Italy strikes against Renzi labour reforms and cuts

ROME - Striking workers took to the streets in cities across Italy on Friday to protest against cuts to public services and labour reforms proposed by Prime Minister Matteo Renzi.

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Italy court clears designers Dolce and Gabbana in tax evasion case 24 Oct 2014

ROME - Italy's top court cleared fashion designers Domenico Dolce and Stefano Gabbana on Friday over charges of hiding hundreds of millions of euros from Italian tax authorities.

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Merkel voices support for Draghi after report of tensions 24 Oct 2014

BERLIN - German Chancellor Angela Merkel thanked ECB President Mario Draghi for spelling out to leaders at an EU summit that governments must play a role in boosting the faltering euro zone economy, and said it was their firm intention to do so.

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Stagnating euro zone seeks German shift 24 Oct 2014

BRUSSELS - France and Italy sought on Friday to bridge stark differences with Germany over how to avert economic stagnation and deflation, but Chancellor Angela Merkel warned her peers against repeating the euro zone's debt crisis.

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Britain slams EU budget demand, others see 'molehills' 24 Oct 2014

BRUSSELS/LONDON - British Prime Minister David Cameron challenged a demand from the European Union for an additional 2.1-billion-euro payment into this year's EU budget after a revision of economic statistics showed his country was better off.

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Gucci says sales trends still negative but on the mend 23 Oct 2014

PARIS - Sales trends at Italian fashion brand Gucci showed signs of turning the corner in the third quarter, particularly in major markets such as western Europe and China, despite remaining negative, owner Kering said on Thursday.

EU seeks clarification on Italy's breach of debt-cutting goals 23 Oct 2014

ROME - The European Commission has asked Italy to explain why its draft budget for next year will breach debt-reduction goals it promised the European Union, a step that may lead to demands from Brussels for changes to the spending package.

Swiss retailer apologises after Hitler pictured on dairy creamer 22 Oct 2014

ZURICH - Swiss retailer Migros apologised on Wednesday after dairy creamers decorated with images of Adolf Hitler and Italian fascist wartime leader Benito Mussolini found their way into restaurants in Switzerland.

Italian car parts maker Sogefi reports net loss, CEO steps down 21 Oct 2014

MILAN - Italian car parts maker Sogefi reported on Tuesday a net loss for the first nine months of the year, hit by weakness in South America and costs for restructuring in Europe, and said Chief Executive Guglielmo Fiocchi would leave the company.

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Daimler eyes stake in motorbike maker MV Agusta - source 21 Oct 2014

FRANKFURT/MILAN - German vehicles group Daimler is in advanced talks to take a minority stake in Italian motorcycle manufacturer MV Agusta [IPO-MVAG.MI], a source in Italy familiar with the situation said on Tuesday.

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Kurds reject Erdogan report of deal with Syrian rebels to aid besieged Kobani

ISTANBUL/BEIRUT - A senior Syrian Kurdish official on Friday rejected a report from Turkey's president that Syrian Kurds had agreed to let Free Syrian Army fighters enter the border town of Kobani to help them push back besieging Islamic State insurgents. | Video