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Italy prosecutor asks for jail sentences for five S&P managers

TRANI, Italy An Italian prosecutor has asked for five managers at ratings agency Standard & Poor's to be jailed for up to three years in a probe over alleged market manipulation, a court heard on Friday.


Hopes fade of finding survivors buried under avalanche in Italy 2:15am GMT

PENNE, Italy Hopes of finding survivors dwindled on Thursday more than 24 hours after an avalanche struck a luxury mountain hotel in Italy burying up to 30 people under tonnes of snow and debris. | Video

ECB keeps rates, asset-buying plan unchanged as expected 19 Jan 2017

FRANKFURT The European Central Bank left interest rates and the main parameters of its asset purchase scheme unchanged as expected on Thursday, keeping unprecedented stimulus in place to aid the bloc's slow but steady recovery.


Spate of strong earthquakes hit snowbound central Italy, one dead 18 Jan 2017

ROME One man died on Wednesday in a series of strong earthquakes which hit central Italy, a region devastated by deadly tremors last year, while heavy snow raised fears for the safety of others in the region. | Video


Italy not worried about ECB ending asset-buying - Econ Minister 18 Jan 2017

DAVOS, Switzerland Italy is not worried about the prospect of the European Central Bank ending its asset-buying programme and thinks its banks could benefit from the move, Economy Minister Pier Carlo Padoan said on Wednesday.


EU needs Turkish-style migration deal with Libya - Maltese PM 18 Jan 2017

BRUSSELS The European Union needs to reach a deal with Libya to curb the flow of migrants trying to sail on smugglers' boats to Italy, Maltese Prime Minister Joseph Muscat said on Wednesday.


Rosneft says sanctions prompted it to ditch Italian refiner stake 18 Jan 2017

MILAN/MOSCOW Russian state oil producer Rosneft said Western sanctions had stopped it building up its stake in Italian refiner Saras, forcing it to sell the stake two years after buying it.


Etihad Airways not looking to take stake in Lufthansa 18 Jan 2017

ABU DHABI Etihad Airways is not looking to take a stake in German carrier Lufthansa , a spokesman said on Wednesday, denying a report in an Italian newspaper that sent Lufthansa's shares higher on Tuesday.


Lufthansa not in talks with Etihad over stake - sources 17 Jan 2017

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.


'The work begins!' - Trump to be sworn in as U.S. president

WASHINGTON Donald Trump will be sworn in on Friday as the 45th president of the United States, taking power over a divided country after a savage campaign and setting the country on a new, uncertain path at home and abroad. | Video