Ferrari recalls 2,600 cars globally over airbags risk

Last Updated: Monday, July 20, 2015, 19:15

Italy sports car giant Ferrari has recalled 2,600 cars globally because of a default in airbags supplied by Japanese company Takata, the company said Monday.

Italy PM urges Greek talks to look beyond austerity to growth

Last Updated: Monday, July 6, 2015, 20:46

Italian Prime Minister Matteo Renzi on Monday called for talks on resolving Greece`s debt crisis to not focus only on austerity but also on strategies to boost growth.

Greece won`t leave eurozone: Italian PM Matteo Renzi

Last Updated: Friday, July 3, 2015, 03:02

'Greece will not exit the eurozone regardless of the outcome of the country`s referendum this weekend, Italian Prime Minister Matteo Renzi said Thursday.

EU to take in 40,000 migrants from Italy, Greece: Draft communique

Last Updated: Friday, June 26, 2015, 00:14

EU leaders will agree on Thursday to take in 40,000 asylum-seekers from Italy and Greece to confront a growing migrant crisis in the Mediterranean but delay a decision on how to share them out, according to a draft final summit statement.

Auto exports to Sri Lanka jump four-fold in May: EEPC

Last Updated: Wednesday, June 24, 2015, 18:09

Sri Lanka, Italy and Spain provided traction to India?s automobile exports while Mexico, the UK, Algeria and Bangladesh witnessed a major slowdown in shipments in May, engineering exporters' body EEPC today said.

Italian prosecutors seek to indict Bank of China, 297 people

Last Updated: Sunday, June 21, 2015, 19:10

Italian prosecutors are seeking to indict 297 people and the Bank of China in connection with a massive money-laundering investigation reported earlier this month.

Lamborghini signs deal to build new SUV in Italy

Last Updated: Thursday, May 28, 2015, 00:06

The Urus SUV, unveiled as a concept in 2012, is expected to enter the market in 2018.

Amazon: Has begun declaring sales in UK, Germany, Spain, Italy

Last Updated: Tuesday, May 26, 2015, 14:57

"More than two years ago we began the process of establishing local country branches of Amazon EU Sarl, our primary retail operating company in Europe," the company said in a statement.

Italy jobless figures on the rise again

Last Updated: Tuesday, March 31, 2015, 15:10

The jobless rate rose to 12.7 percent, up 0.1 percentage points from January, data from the national statistics institute (ISTAT) showed on Tuesday.

Rolex scandal minister rejects blame for Italy kickbacks

Last Updated: Friday, March 20, 2015, 17:24

An Italian minister caught up in the country`s biggest corruption scandal in two decades resigned Friday, admitting he had to take political responsibility for the rigging of public works tenders that cost taxpayers billions.

France, Germany, Italy sign up for China-led AIIB bank

Last Updated: Tuesday, March 17, 2015, 19:18

The three European countries followed suit days after the UK became the first Western nation to join the bank disregarding reservations expressed by the US which raised concerns over its transparency.

France, Germany, Italy to join China-led infrastructure bank: Paris

Last Updated: Tuesday, March 17, 2015, 18:06

The $50 billion Asian Infrastructure Investment Bank (AIIB) has been feted by Beijing as a way of financing regional development, and is seen as a potential rival to US-based institutions such as the World Bank.