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Libyan coast guard rescues more than 250 migrants trying to reach Italy


TRIPOLI Libya's coastal guard has rescued more than 250 illegal migrants trying to leave the North African country in small boats bound for Italy, officials said on Saturday. | Video


Luxottica CEO exits eyewear giant ahead of Essilor merger 4:22pm GMT

MILAN Italy's Luxottica has parted ways with its fourth chief executive in three years as Chairman Leonardo Del Vecchio prepares the eyewear group he founded for a planned merger with France's Essilor .


U.S. says did everything possible to help Italy cyber investigation 10:07am GMT

ROME The United States has denied suggestions it undermined an investigation into a massive data breach at the Italian cybersecurity firm Hacking Team, saying it did everything it could to help in the case.


Amazon to pay 100 million euros to settle Italy tax dispute 15 Dec 2017

MILAN Italy's tax authority said on Friday it had reached an agreement with e-commerce giant Amazon to settle outstanding tax claims covering the period 2011-2015.


Exclusive - Italy plans big handover of sea rescues to Libya coastguard 15 Dec 2017

ROME/TRIPOLI Italy wants Libya's coastguard to take responsibility within three years for intercepting migrants across about a tenth of the Mediterranean even as Libyan crews struggle to patrol their own coast and are accused of making deadly mistakes at sea.


Doubt over financial targets hammers Ferragamo shares 15 Dec 2017

PARIS Shares in Salvatore Ferragamo fell more than 8 percent on Friday after the Italian luxury goods firm, best known for its shoe designs and leather goods, signalled it would still be mired in a turnaround phase in 2018.


Splits on Italian right buoy opponents as campaigning starts 14 Dec 2017

ROME The leader of Italy's far-right Northern League said on Thursday he was suspending contacts with his main political ally, former prime minister Silvio Berlusconi, because of a disagreement over how tough courts should be on murderers and rapists.


Italy's Ferragamo unable to confirm medium-term targets 14 Dec 2017

MILAN Italian luxury goods brand Salvatore Ferragamo said on Thursday it could not confirm the targets it had set for the next three years in its business plan as 2018 would be another year of transition.


Exclusive - Luxottica, Essilor tie-up on track for unconditional EU okay: sources 14 Dec 2017

BRUSSELS Italian eyewear maker Luxottica and French lens manufacturer Essilor are set to win unconditional EU antitrust approval for their 48 billion-euro (£42 billion) merger, two people familiar with the matter said on Thursday.

Italy regulator lands Renzi in trouble over bank collapse 14 Dec 2017

ROME Italy's market regulator sparked a political storm on Thursday when he told parliament that an ally of former Prime Minister Matteo Renzi had spoken to him in 2014 about the fate of a struggling bank where her father was a board member.