Costa Concordia completes its voyage to the scrap yard


GENOA Italy - The wrecked Costa Concordia cruise liner limped into its last port on Sunday, when it was towed to the northern Italian city of Genoa to be broken up for scrap, two-and-a-half years after running aground and sinking with the loss of 32 lives. | Video


UniCredit close to selling more private equity holdings -source 27 Jul 2014

MILAN - Italy's UniCredit is close to selling a new portion of its private equity holdings after a similar deal in 2013, a source close to the matter said on Sunday, as European banks shed non-core assets to strengthen their capital base.


Pope Francis renews attack on mafia in region scarred by toxic waste 26 Jul 2014

ROME - Pope Francis called for nature to be protected from criminal abuse on Saturday during a visit in the southern Italian town of Caserta, near Naples, in a region long blighted by illegal toxic waste dumps and the pervasive grip of the Camorra mafia.


BSkyB to pay $9 billion to create Sky Europe 25 Jul 2014

LONDON/PARIS - Britain's BSkyB has agreed to pay $9 billion (5.3 billion pounds) to buy the Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers.

Italy-Russia submarine project faces delay 25 Jul 2014

MOSCOW - An Italian-Russian project to build a new generation small submarine has been delayed but comments attributed to a senior Russian official that the Ukraine crisis was behind the move were denied by a spokesman for the Italian company involved.


Italy PM Renzi's reform plans hit resistance in Senate 24 Jul 2014

ROME - Prime Minister Matteo Renzi's plans to slash the powers of Italy's Senate, a key element of his reform agenda, have run into trouble, with opposition politicians submitting nearly 8,000 amendments to delay its approval.

Italy backs more Russia sanctions, says foreign minister 24 Jul 2014

SARAJEVO - Italian Foreign Minister Federica Mogherini, a candidate to become the European Union's next foreign policy chief, reiterated on Thursday that she supports additional sanctions against Russia over the crisis in Ukraine.


BSkyB to unveil 'Sky Europe' deal on Friday 24 Jul 2014

LONDON - Britain's pay-TV group BSkyB will on Friday unveil its multi-billion euro deal to buy Rupert Murdoch's assets in Italy and Germany, sealing a plan to create a pan-European giant with almost 20 million customers.


Death row Christian woman flies out of Sudan 24 Jul 2014

ROME/KHARTOUM - A Sudanese woman who was spared a death sentence for converting from Islam to Christianity and then barred from leaving Sudan flew into Rome on Thursday in an Italian government plane. Mariam Yahya Ibrahim, whose sentence and detention triggered international outrage, walked off the aircraft cradling her baby and was greeted by Italian prime minister Matteo Renzi.


Italy consumer sentiment drops in July as outlook darkens 24 Jul 2014

- Italian consumer morale dropped for a second consecutive month in July as sentiment worsened regarding the overall state of the economy as well as prospects for the future and for personal finances, according to data on Thursday.


Israel strikes house of Hamas Gaza leader, digs in for long fight

GAZA/JERUSALEM - Israel knocked out Gaza's only power plant, flattened the home of its Islamist Hamas political leader and pounded dozens of other high-profile targets in the enclave on Tuesday, with no end in sight to more than three weeks of conflict. | Video