Latest Italy News
Alitalia will lay off over 2,000 remaining employees as liquidation nears
ROME (AP) — Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employees, its administrators told unions. The move comes as the successor to bankrupt Alitalia, ITA Airways, faces hurdles in its merger plans with...
One of 8 migrants sent to Albania returned to Italy
ROME (AP) — One of the eight migrants brought for processing in an Albanian center after being intercepted in international waters has returned to Italy after being deemed “vulnerable,” a delegation of Italian activists and lawmakers visiting the center said on Saturday. The...
Pompeii archaeological park sets daily visitors' limit to combat over-tourism
ROME (AP) — The Pompeii archaeological park plans to limit visitor numbers to 20,000 a day and introduce personalized tickets starting next week in a bid to cope with over-tourism and protect the world heritage site, officials said Friday. The move comes after what authorities...
Italian President Mattarella meets Chinese leader Xi in Beijing amid complex ties
BEIJING (AP) — Italian President Sergio Mattarella met with Chinese leader Xi Jinping Friday on an official visit to China that came as Russia’s full-on invasion of Ukraine pitted Rome's NATO allies against Beijing's support for Moscow. The two exchanged greetings following a...
Italy sends another 8 migrants to Albania under processing centers deal
SHENGJIN, Albania (AP) — An Italian navy ship docked Friday at the Albanian port of Shengjin with eight migrants who will be processed there after they were intercepted in international waters, a month after another group was turned away for failing the vetting process. It is only...
Italy opens procedure against China's Sinochem for possible breach of Pirelli governance
MILAN (AP) — Italy has opened an administrative procedure against China’s Sinochem, the largest shareholder in Italian tiremaker Pirelli, for a possible breach of restrictions designed to protect national strategic assets. Pirelli announced Wednesday that the procedure was...
Italian ship takes migrants to Albania in 2nd test of deal to process claims outside the EU
MILAN (AP) — An Italian naval ship carrying migrants was en route Wednesday to Albania to have asylum applications processed under a five-year deal to handle asylum claims outside the European Union’s borders that has already hit a legal roadblock. An Italian interior ministry...
Sorrentino's ode to Naples, 'Parthenope,' gets mixed reviews in Italy over San Gennaro sex scene
ROME (AP) — When director Paolo Sorrentino’s hit series “The Young Pope” debuted in 2016, it took the Vatican a year to grudgingly bless his imagined and occasionally blasphemous portrayal of the pope. Not so for Sorrentino’s latest film “Parthenope,” which has gotten an early thumbs...
Ferrari: Q3 Earnings Snapshot
MARANELLO, Italy (AP) — MARANELLO, Italy (AP) — Ferrari NV (RACE) on Tuesday reported third-quarter profit of $411 million. The Maranello, Italy-based company said it had net income of $2.29 per share. The results exceeded Wall Street expectations. The average...
Stevanato: Q3 Earnings Snapshot
PADUA, Italy (AP) — PADUA, Italy (AP) — Stevanato Group SpA (STVN) on Tuesday reported third-quarter net income of $33 million. The Padua, Italy-based company said it had net income of 12 cents per share. Earnings, adjusted for non-recurring costs, came to 13 cents per share. ...