Daimler buys into Agusta as motorbike and car tech converge


FRANKFURT - Daimler AG will buy 25 percent of Italian motorcycle maker MV Agusta - the latest sign that motorbike and car technologies are converging, driven by a push to lower emissions and improve safety.

Italy PM picks Paolo Gentiloni as new foreign minister in surprise choice 2:18pm GMT

ROME - Italian Prime Minister Matteo Renzi picked Paolo Gentiloni, a close ally and former communications minister, to be his new foreign minister on Friday, a surprise decision as Gentiloni had not been seen as a candidate for the post.


Italy union head accuses Renzi of seeking confrontation 30 Oct 2014

ROME - The leader of Italy's largest union accused Prime Minister Matteo Renzi on Thursday of deliberately stoking conflict with the labour movement and ignoring the growing cost of the economic crisis for Italian workers.


Former Italian minister Tremonti denies bribery allegations 30 Oct 2014

MILAN - Milan prosecutors are investigating former Italian Economy Minister Giulio Tremonti over allegations he took a 2.4 million-euro (1.8 million pounds) bribe to ease the way for an acquisition by aerospace and defence group Finmeccanica in 2008.

ThyssenKrupp Italian workers injured in clash with police 29 Oct 2014

ROME - At least three people were injured in clashes with police in Rome on Wednesday, police said, as union officials and workers from a ThyssenKrupp AG steel plant in central Italy marched to protest against planned job cuts.

Italy sends S&P, Fitch officials to trial over 2011, 2012 cuts 28 Oct 2014

MILAN/TRANI Italy - An Italian court indicted officials from ratings agencies Standard & Poor's and Fitch on Tuesday over accusations of market manipulation related to cuts to Italy's sovereign debt ratings during the euro zone debt crisis in 2011 and 2012.


Italian president Napolitano testifies in major mafia case 28 Oct 2014

ROME - Italy's President Giorgio Napolitano testified for more than three hours on Tuesday in an unprecedented appearance in a major trial that accuses the state of holding secret talks with the Sicilian Mafia in the 1990s.

E.ON puts back bid deadline for Italy assets - sources 28 Oct 2014

MILAN/FRANKFURT - The sale of the Italian assets of German energy group E.ON has hit another hurdle, with the deadline for binding offers pushed back to late November, four sources familiar with the matter said.


Monte dei Paschi drags Europe's banks lower after stress test 27 Oct 2014

LONDON - Shares in Italy's Monte dei Paschi slumped on Monday after an industry health check found it had the biggest capital hole to fill among European banks. | Video


France and Italy offer to trim deficit further to win EU clemency 27 Oct 2014

PARIS/ROME - France and Italy unveiled plans on Monday to trim their deficits more than previously planned in last-minute pitches to get clemency from the European Commission on their 2015 budgets.


Air strikes hit Kobani as Kurdish peshmerga prepare to enter

SURUC Turkey/BAGHDAD - U.S.-led air strikes hit Islamic State positions around the Syrian border town of Kobani on Friday in an apparent bid to pave the way for heavily-armed Iraqi Kurdish peshmerga forces to enter from neighbouring Turkey.