It’s been a bad start of the year for the Italian car market, as 2022 inherited crises that had been brewing since the covid pandemic. With an ongoing chip (and broader materials) shortage, policy uncertainties, inflation spiking and a war…
Read MoreItaly reportedly seizes Dmitry and Nikita Mazepin properties worth £87m
Properties worth £87m belonging to Dmitry and ex-Haas driver Nikita Mazepin have been seized by Italy, according to a report. Following Russia’s invasion of Ukraine, the Haas Formula 1 team were forced to take drastic action regarding their sponsorship from…
Read MoreWhich Italian lake is best to visit? Dreamy holiday lets you explore the prettiest ones
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info…
Read MoreItaly's problem bank casts shadow over Draghi's summer break
SIENA (Reuters) – When Italian Prime Minister Mario Draghi returns from his brief summer break one of the thorniest items on his “to do” list will be finally fixing the woes of the world’s oldest bank, Monte dei Paschi di…
Read MoreDecline and near fall of Italy's Monte dei Paschi, the world's oldest bank
MILAN (Reuters) – Four years after spending 5.4 billion euros ($6.3 billion) to rescue it, Rome is in talks to sell Monte dei Paschi to UniCredit and cut its 64% stake in the Tuscan bank.View of the logo of Monte…
Read MoreU.S. Skater Cory Juneau Wins Bronze Medal in Golden Goose Sneakers at Tokyo Olympic Games
BRONZE GOOSE: With a pair of Golden Goose Ball Star Pro sneakers at his feet, American Cory Juneau won the bronze medal in the first men’s Olympic park skateboarding final in Tokyo. With a score of 84.13, the Californian followed…
Read MoreSoho House to Open First Italian Outpost in Rome
ROMAN HOLIDAY: Soho House is finally landing in Italy. The global members club is inaugurating its first Italian location in the Italian capital. Soho House Rome, which will open its doors in the fall, will be located in the up-and-coming…
Read MoreAnalysis-The quiet revolution in Italian bond markets
LONDON (Reuters) – A calming down of Italian government bonds, typically among the most volatile in the euro zone, suggests a sea change in the way foreign investors perceive the 2.3-trillion-euro ($2.7 trillion)market — the bloc’s biggest. Volatility, the propensity…
Read MoreItalys Luxury Resort Retail Business Is in Full Bloom
MILAN — Meet them at the beach. That might be the mantra that luxury and fashion brands are repeating this summer. Surely, the resort retail business is having a golden moment in Italy, one of the most attractive countries for…
Read MoreEuro 2020: Italy through to final after beating Spain on penalties at Wembley
Italy are through to the Euro 2020 final after beating Spain 4 – 2 in a penalty shoot-out at Wembley. Both teams missed their first spot kicks, with the Spaniards’ second miss from Alvaro Morata meaning Italy knew the next…
Read More