Category: Italian
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Italian prosecutors accuse 7 people, 2 firms over flawed Boeing plane parts By Reuters
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Written by Francesca Landini MILAN (Reuters) – Italian prosecutors on Saturday charged seven people and two subcontractors with crimes including fraud and violating aircraft safety rules after an investigation into suspected defective parts produced by an Italian company for Boeing (NYSE:). Prosecutors began their investigation in late 2021 after Boeing…
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Italian divers recover video equipment from Mike Lynch’s sunken yacht By Reuters
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Written by Vladimir Pantaleoni PALERMO (Reuters) – Italian navy divers have recovered video surveillance equipment from the luxury yacht that sank off Sicily last month, killing British technology mogul Mike Lynch and six others, a source close to the matter said on Friday. The recovery of the equipment could help…
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Why Italian winemakers are fighting to banish ‘prosecco’ from your wine collection
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In celebration of National Prosecco Day, Rebecca Ann Hughes explores the initial boom in prosecco and why winemakers decided to ditch the term ‘prosecco’ from labels altogether. Head to the wine section of most supermarkets in Europe and you’ll find plenty of bottles of sparkling white wine labeled “Prosecco.” It…
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The Italian billionaire family behind Ferrari and Stellantis, bolster their stake in Philips to $4.19 billion
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The family of Italian billionaire Agnelli has increased its stake in Royal Philips NV, giving it a stake worth $4.19 billion, in a sign of increased confidence in the Dutch medical device manufacturer. Agnellis’ Exor NV now owns 17.51% of Philips, according to a U.S. regulatory filing late Tuesday. It…
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Carlyle to buy Energean’s Egyptian, Italian, Croatian assets
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Energy exploration and production company Energean plc (LSE: ENOG; TASE: ENOG), which owns the rights to operate the Israeli Karish and Tanin offshore gas fields, announced the signing of a binding agreement to sell its investment portfolio in Egypt, Italy and Croatia to private equity firm Carlyle International. Energy Partners.…
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New Online Casino Site Instant Casino Partners with Italian Serie A Team Juventus FC
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The famous Italian football club Juventus has announced a partnership with Instant Casino, an online cryptocurrency casino, which will be its new regional betting partner in Europe. The agreement is described as a big win for both Juventus fans and Instant Casino players, as it promises a wide range of…
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Italian banks must quit Russia, ECB’s Panetta says By Reuters
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Written by Giuseppe Fonte and Valentina Za STRESA, Italy (Reuters) – Italian banks should halt their activities in Russia because staying in the country also brings a “reputation problem,” European Central Bank policymaker Fabio Panetta said on Saturday. After Austria’s Raiffeisen Bank International, UniCredit is the European bank with the…
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Italian banks must quit Russia, ECB’s Panetta says By Reuters
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Written by Giuseppe Fonte and Valentina Za STRESA, Italy (Reuters) – Italian banks should halt their activities in Russia because staying in the country also brings a “reputation problem,” European Central Bank policymaker Fabio Panetta said on Saturday. After Austria’s Raiffeisen Bank International, UniCredit is the European bank with the…
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Italian shoemaker Tod’s to court US lovers of quiet luxury By Reuters
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Written by Elisa Anzolin and Valentina Za MILAN (Reuters) – An LVMH-backed investment firm is betting that demand from wealthy Americans for quiet luxury will ensure its 510 million euros ($545 million) stake in Italian shoemaker Tod generates the double-digit returns typically sought by private equity. L Catterton, set up…