Italy opens tax probe on Google managers-sources


MILAN Prosecutors are investigating five managers at Alphabet Inc's Google as part of a probe into allegations the firm evaded taxes worth 227 million euros (£178.27 million) in Italy, investigative sources said on Thursday.


Italian finmin sees no link between EU bank stocks fall and bail-in rules 3:24pm GMT

BRUSSELS There is no connection between the sharp fall in European banking stocks and new EU rules which expose banks' creditors to more risks, Italy's finance minister said on Thursday, as he called for a gradual introduction of the new legislation.

Italian government approves decree aimed at helping battered banking sector 12:18am GMT

ROME The Italian government approved a package of measures on Wednesday aimed at helping the country's ailing banking sector, including the creation of a guarantee scheme to enable domestic banks to offload non-performing loans.


Top Amazon executive to take two-year post with Italian prime minister 10 Feb 2016

ROME A top executive at, Diego Piacentini, is taking a two-year leave of absence to lead Italian Prime Minister Matteo Renzi's digital technology office, the company said on Wednesday.

Italy arrests priest for allegedly defrauding elderly savers 10 Feb 2016

ROME A Roman Catholic prelate has been arrested for allegedly defrauding hundreds of elderly people out of millions of euros through an elaborate money-laundering scheme, Italian police said on Wednesday.


EU executive to push Greece, Italy more on migration 09 Feb 2016

BRUSSELS The EU executive will push Greece and Italy on Wednesday to do more to control migrants arriving across the Mediterranean, as time runs out for Athens to fix frontier chaos or be suspended from Europe's free travel zone.


UniCredit's board backs CEO after reporting surprise profit 09 Feb 2016

MILAN UniCredit, Italy's biggest bank, reported better than expected results on Tuesday, with the board reiterating its support for Chief Executive Federico Ghizzoni, despite growing disquiet among some influential shareholders.


Italy demands justice for slain student, Egypt rejects accusations 08 Feb 2016

ROME/CAIRO Italy demanded on Monday that Egypt catch and punish those responsible for the death of a student found tortured by a roadside in Cairo, and the Egyptian government dismissed suggestions its security services could have been involved.


Dozens mourn slain Italian student at Cairo embassy 06 Feb 2016

CAIRO Dozens of people gathered at the Italian embassy in Cairo on Saturday to mourn the Italian student Giulio Regeni, whose body was found half naked at a roadside with what a senior Egyptian prosecutor has said were cigarette burns and other signs of torture.


Italian student killed in Egypt criticised Cairo government in articles 05 Feb 2016

ROME An Italian student found dead by a roadside in Cairo with cigarette burns and other signs of torture on his body had written articles critical of the Egyptian government, according to the Italian newspaper that published them.


Einstein's gravitational waves detected in scientific milestone

WASHINGTON/CAMBRIDGE, Mass. Scientists have for the first time detected gravitational waves, ripples in space and time hypothesised by Albert Einstein a century ago, in a landmark discovery announced on Thursday that opens a new window for studying the cosmos. | Video