Pirelli boss attacks `nationalist` China deal critics

Last Updated: Tuesday, March 24, 2015, 18:30

The boss of Italian tyremaker Pirelli on Tuesday accused those against the company`s takeover by a Chinese firm of masking nationalist objections in calls for a change of industrial policy.

Italy prosecutors wrap up tax probe into Apple: Sources

Last Updated: Tuesday, March 24, 2015, 08:51

Italian prosecutors have wrapped up an investigation into allegations U.S. tech giant Apple failed to pay corporate taxes to the tune of 879 million euros ($964 million), two sources said on Monday.

DSK Motowheels launches five Italian brand Benelli superbikes

Last Updated: Friday, March 20, 2015, 11:09

Pune-based DSK Motowheels in partnership with Italian bike brand Benelli on Thursday launched five superbikes in the country, priced between Rs 2.83 lakh to Rs 11.81 lakh (ex Showroom Delhi).

Bond yields hit new record lows as ECB purchases near

Last Updated: Friday, March 6, 2015, 15:17

Yields on bonds of southern eurozone countries touched record lows in secondary trading Friday, a day before the ECB is slated to begin 60 billion euros (USD 66 billion) in monthly purchases.

Finmeccanica agrees sale of rail businesses to Hitachi for $2.2 billion

Last Updated: Wednesday, February 25, 2015, 09:14

Italian aerospace and defence group Finmeccanica has agreed to sell its rail business to Hitachi Ltd in a deal which will cost the Japanese conglomerate up to 1.9 billion euros ($2.2 billion) and cut Finmeccanica`s debt by 15 percent.

Hitachi to buy Italian railways firms for over $2 bn

Last Updated: Tuesday, February 24, 2015, 09:20

Hitachi will buy the rail and traffic signal businesses of Italy`s Finmeccanica for an estimated $2.1 billion, reports said Tuesday, as the Japanese firm looks to expand overseas and challenge major international railways firms.

Italy PM moots temporary nationalisation of troubled steel plant

Last Updated: Monday, December 1, 2014, 06:47

Italian Prime Minister Matteo Renzi on Sunday floated the idea of nationalising during "two or three years" the country`s loss-making Ilva steel plant, one of Europe`s most polluting.

Resolve dispute in marines case in one week: SC to Centre

Last Updated: Monday, February 3, 2014, 13:05

The Supreme Court on Monday asked the Centre to resolve within a week all disputes arising out of the issue of invoking anti-piracy law against two Italian marines accused of killing two Indian fishermen off Kerala coast in 2012.

Italy wants Marines case to be solved, says special envoy

Last Updated: Monday, February 3, 2014, 04:02

Special envoy of the Italian government Staffan de Mistura, who arrived in India on Sunday, said his presence was aimed to convey the "determination of Italy to solve the case".

Italian police find John Paul II relic discarded by thieves

Last Updated: Saturday, February 1, 2014, 19:53

Italian police have recovered part of a religious relic stained with Polish pope John Paul II`s blood that was thrown away by thieves thinking it worthless, the Italian press reported on Saturday.

Italy criticises India`s handling of marines case

Last Updated: Saturday, February 1, 2014, 18:00

Italy criticised India`s handling of the case of two of its marines accused of killing two Indian fishermen as "contradictory" and "disconcerting" ahead of hearing of case in India`s Supreme Court.

Amanda Knox `frightened and saddened` by Italian court verdict

Last Updated: Friday, January 31, 2014, 13:26

An appeals court in Florence on Thursday upheld the guilty verdict against US student Amanda Knox and her former boyfriend for the murder of her British roommate Meredith Kercher in 2007.