MILAN Italian prosecutors have requested that the country's fifth-biggest bank, UBI , its chief executive and 29 other people be sent to trial over alleged obstruction of regulators, a source with direct knowledge of the issue said on Thursday.
LONDON U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros (£1.3 billion), sources told Reuters. | Video
FRANKFURT/MILAN A clumsy attempt by Italy to tackle problems at two Veneto-based banks by allowing a major lender to cherry-pick their prime assets for a pittance has left the government testing the boundaries of European law.
STRASBOURG Europe's human rights court found Italy guilty of torture over a raid in which riot police kicked, punched and hit dozens of protesters who had gathered inside a school building during a meeting of world leaders in Genoa in 2001.
ROME Former Italian Prime Minister Silvio Berlusconi signalled he was back in frontline politics on Wednesday, launching a broadside against the anti-system 5-Star Movement and predicting a surge in support for his party.
MILAN Italian tax police seized documents from the offices of five lenders on Wednesday in an investigation over alleged fraud in relation to the distribution of diamonds to bank customers, three sources with knowledge of the case said.
LONDON Weakness among financial and energy stocks led European shares to fall again on Wednesday, as Provident Financial dropped following a profit warning, though Italian lenders bucked the downbeat trend.
MILAN Italy's biggest retail bank Intesa Sanpaolo on Wednesday set tough conditions on an offer to buy the healthy assets of two Veneto-based banks, part of efforts to prevent European authorities from stepping in to wind them down.
PARIS Italian aerospace and defence company Leonardo will not cut its stake in European missile group MBDA, as the sector is considered strategic for Italy, the head of the country's defence companies association told Reuters on Tuesday.
ROME Tourist flows should be monitored at famous sites in Italy in cities like Rome and Florence, with access limited when crowd numbers swell, the culture and tourism minister said on Tuesday.
DUBAI Four Arab states boycotting Qatar over alleged support for terrorism have sent Doha a list of 13 demands including closing Al Jazeera television and reducing ties to their regional adversary Iran, an official of one of the four countries said.