Lisa Jucca

Italian stocks, bonds recover ground as election risk abates

August 24, 2021 at 8:53 p.m.

MILAN (Reuters) - Expectations that a rebellion within Silvio Berlusconi's party may avoid snap elections in Italy pulled bond yields off the day's highs and curbed stock market losses. Investors...

Exclusive: Vatican Bank likely to close embassy accounts after Iran, Iraq red flags

August 24, 2021 at 8:48 p.m.

VATICAN CITY (Reuters) - The Vatican bank is likely to close all accounts held by foreign embassies, following concerns about large cash deposits and withdrawals by the missions of Iran,...

Versace plans to find partner by year’s end: CEO

August 24, 2021 at 8:31 p.m.

MILAN (Reuters) - Versace expects to finalize a shortlist for buyers interested in a minority stake in the Italian fashion house by mid-October and decide on a partner by the...

Italy stalemate leaves business waiting on reform

August 24, 2021 at 7:15 a.m.

ROME/MILAN (Reuters) - A long stalemate since Italy's inconclusive election has left government departments in Rome becalmed until a new administration arrives and powerless to respond to increasingly desperate calls...

Italy markets take fright at complex election results

August 24, 2021 at 4:57 a.m.

MILAN (Reuters) - Italian shares and bonds lost earlier gains after election projections showed former prime minister Silvio Berlusconi's conservative bloc leading in the Senate, contradicting initial exit polls and...

Top Monte Paschi investor piled on debt under Treasury’s eye

August 24, 2021 at 3:31 a.m.

MILAN/SIENA (Reuters) - The charitable foundation that controls Italy's scandal-hit Monte dei Paschi bank took on excessive debt and entered into risky derivative trades with the tacit consent of the...

Italy’s Monte Paschi finds no evidence of takeover bribes

August 24, 2021 at 3:00 a.m.

MILAN (Reuters) - Italy's troubled Monte dei Paschi bank said on Monday it had no evidence of bribery in a 2007 takeover now under scrutiny over alleged corruption, but acknowledged...

Italian political crisis kicks off campaigning as markets watch

August 24, 2021 at 12:03 a.m.

ROME/MILAN (Reuters) - Italian Prime Minister Mario Monti's imminent resignation has set off campaigning for an election expected in February, with financial markets on edge at the prospect of a...

Italian political crisis kicks off campaigning as markets watch

August 22, 2019 at 12:23 p.m.

ROME/MILAN (Reuters) - Italian Prime Minister Mario Monti's imminent resignation has set off campaigning for an election expected in February, with financial markets on edge at the prospect of a...

Barilla defies crisis with new Italian investment

August 23, 2021 at 8:27 p.m.

PARMA, Italy (Reuters) - World leading pasta-maker Barilla is defying Italy's recession by opening a 40-million-euro ($52 million) plant near its Parma home base, just as other big industrial names...

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