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Lufthansa not in talks with Etihad over stake - sources


FRANKFURT Germany's Lufthansa is not in talks about Etihad Airways taking a stake in the German airline, two sources familiar with the matter said on Tuesday, denying an Italian newspaper report that said it was.


World leaders should consider reopening G7 to Russia - Italy 17 Jan 2017

ROME Russia is an important international partner and world leaders should consider inviting it back to the annual summit of major industrialised nations, Italian Foreign Minister Angelino Alfano said on Tuesday.


EU parliament votes on speaker, pro-EU bloc forms 17 Jan 2017

STRASBOURG The European liberal party ALDE withdrew its candidate from Tuesday's ballot to elect a new speaker of the European Parliament and backed the centre-right favourite, seeking a new pro-EU coalition.


Luxottica's Del Vecchio says listing in both Italy and France still an option - report 17 Jan 2017

The group created by the merger of Italy's Luxottica and France's Essilor will consider a listing in both Italy and France, as well as the United States, Luxottica founder Leonardo del Vecchio was quoted as saying on Tuesday.


EU Parliament speaker vote could strengthen eurosceptics 16 Jan 2017

STRASBOURG The European Parliament elects a new speaker on Tuesday in an unusually hotly contested vote that could strengthen eurosceptic forces at a time when the EU faces British moves to leave and questions about its future role.


Luxottica and Essilor in 46 billion euro merger to create eyewear giant 16 Jan 2017

MILAN/PARIS Italy's Luxottica and France's Essilor have agreed a 46 billion euro (40.4 billion pounds) merger to create a global eyewear powerhouse with annual revenue of more than 15 billion euros. | Video


Luxottica's merger helps Del Vecchio manage family risks 16 Jan 2017

MILAN By sealing one of the biggest European merger deals of recent years, 81-year old spectacles tycoon Leonardo Del Vecchio has added another chapter to one of Italy's most legendary rags-to-riches stories.


EU needs new budget to face security woes in Trump era - Monti 16 Jan 2017

BRUSSELS The migration and security challenges faced by the European Union need to be addressed with a different funding system which would give the EU a direct share of national tax revenues, former Italian prime minister Mario Monti said.

U.S. senator seeks probe of Fiat Chrysler diesel marketing 13 Jan 2017

WASHINGTON A top U.S. senator on Friday called for wider federal scrutiny into Fiat Chrysler Automobiles NV's marketing of diesel-powered SUVs, as British regulators sought answers from the Italian-American automaker in the aftermath of Volkswagen AG's emissions scandal.

DBRS cuts Italy's credit rating, posing problems for its banks 13 Jan 2017

ROME Canadian rating agency DBRS on Friday cut Italy's sovereign credit rating to BBB (high) from A (low), a move that could raise borrowing costs for struggling Italian banks.


Istanbul nightclub attacker says was directed by Islamic State - report

ISTANBUL An Uzbek gunman who killed 39 people in an Istanbul nightclub on New Year's Day told police he had to change target at the last minute to avoid heavy security and acted with direct orders from Islamic State in Syria, a newspaper said on Wednesday.