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Italian court rejects appeals against cooperative bank reform

ROME Italy's constitutional court rejected on Wednesday various appeals against a reform of large cooperative banks in a decision which should save the lenders from a wave of compensation claims from former shareholders.


France's Galeries Lafayette turns to art and gourmet food to lure shoppers 4:07pm GMT

PARIS France's chic department store Galeries Lafayette is betting on an art foundation and an Italian gourmet food hall in Paris to help differentiate its brand from bricks-and-mortar rivals and e-commerce competitors.

Italy's SIA says IPO not part of agenda, eyes deals - CEO 3:59pm GMT

Italian payment services group SIA said an initial public offering (IPO) was not part of its agenda at the moment, adding the company was aiming at growing both organically and through acquisitions in 2018.


Teflon Italian bond market puzzles investors as end of ECB stimulus looms 3:39pm GMT

LONDON Italy's borrowing costs continue to slide even though many big investors are singling it out as the euro zone member most vulnerable to a withdrawal of European Central Bank stimulus.


Italy's Berlusconi wants centre right-5 Star government with agenda - paper 8:40am GMT

ROME Former Prime Minister Silvio Berlusconi wants the centre-right to team up with the 5-Star Movement to form a government with a pre-determined agenda, La Repubblica newspaper reported on Wednesday.

U.S. finds dumping, subsidies in wire rod imports from five nations 12:55am GMT

WASHINGTON The U.S. Commerce Department said on Tuesday it had made final findings in dumping and subsidy investigations of carbon and alloy steel wire rod sold in U.S. markets from Italy, South Korea, Spain, Turkey and Britain.


Atlantia will not launch Cellnex tender offer, confirms dividend hike 20 Mar 2018

MILAN Atlantia has no plans to buy all of Spanish telecom towers group Cellnex which is controlled by its bid target Abertis, the Italian firm's chief executive Giovanni Castellucci has said.


Italy seizes ship that picked up migrants in Mediterranean 19 Mar 2018

ROME Italian authorities seized a charity's ship on suspicion it had helped illegal immigration by picking up migrants in the Mediterranean instead of letting Libya's coastguard take them back to North Africa, the aid group said.


Italy industry output slumps in January after three straight rises 19 Mar 2018

ROME, March 19 Italian industrial output fell much more than expected in January after three straight monthly rises, data showed on Monday, getting the new year off to an uncertain start.


EU aims to step up help to Libya coastguards on migrant patrols 16 Mar 2018

TUNIS The European Union wants to rapidly expand training of Libyan coastguards to stem migrant flows to Italy and reduce deaths at sea, an EU naval mission said on Thursday, signalling a renewed push to support a force struggling to patrol its own coasts. | Video


Zuckerberg says Facebook made mistakes on user data, vows curbs

SAN FRANCISCO Facebook Inc Chief Executive Mark Zuckerberg said on Wednesday that his company made mistakes in how it handled data belonging to 50 million of its users and promised tougher steps to restrict developers' access to such information. | Video