Latest Italy News

Ferrari: Q3 Earnings Snapshot

Nov. 05, 2024 09:04 AM EST

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

Nov. 05, 2024 06:51 AM EST

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. ...

Tourists toss coins over a makeshift pool as Rome’s Trevi Fountain undergoes maintenance

Nov. 01, 2024 12:42 PM EDT

ROME (AP) — Tourists eager to return to the Eternal City are being forced to toss coins over a plastic barrier and into a small makeshift pool in front of Rome’s Trevi Fountain while the attraction is being drained for maintenance. The rectangular box, unadorned and showing its...

Heisman Trophy candidate Ashton Jeanty's football roots trace back to a Navy base in Italy

Oct. 31, 2024 11:34 AM EDT

GRICIGNANO DI AVERSA, Italy (AP) — The football field immediately strikes the eye for visitors driving on an overpass approaching the U.S. Navy Support Site outside of Naples. An American football field in the middle of southern Italy. Turn past the pothole-filled...

Troubled carmaker Stellantis reports 27% plunge in 3Q revenues as it cleans up US inventories

Oct. 31, 2024 04:54 AM EDT

MILAN (AP) — Troubled carmaker Stellantis on Thursday reported a 27% plunge in net revenues during the third quarter as gaps in launching new product s and action to reduce inventories slashed global shipments of new vehicles by 20%. The world’s fourth-largest...

Starbucks CEO sets four-minute service goal as he tries to reinvigorate sagging sales

Oct. 30, 2024 19:02 PM EDT

Starbucks' new Chairman and CEO Brian Niccol wants customers to get their orders hand-delivered by a barista in four minutes or less, a goal that will be central as he tries to reinvigorate the company's sagging sales. “We have to make it easier for our customers to get a cup of...

Italian 19-year-old skier Matilde Lorenzi dies from her injuries after crash in training

Oct. 29, 2024 09:53 AM EDT

TURIN, Italy (AP) — Promising Italian skier Matilde Lorenzi has died from her injuries after a crash in training in northern Italy, the International Ski and Snowboard Federation said Tuesday. She was 19. “We are deeply saddened by the passing of Matilde Lorenzi,” the world ski...

Italian politicians express alarm at latest data breach allegedly affecting 800,000 citizens

Oct. 28, 2024 12:07 PM EDT

MILAN (AP) — Italian politicians called Monday for better protection of citizens’ online data following a probe into a hacking scheme that allegedly breached law enforcement, tax authority and other sensitive public data. According to prosecutors in Milan, the data of at least...

Tens of thousands of demonstrators march across Italy calling for an end to war worldwide

Oct. 26, 2024 14:19 PM EDT

ROME (AP) — Tens of thousands of demonstrators took to the streets in seven Italian cities on Saturday calling for an immediate cease-fire in the Middle East, Ukraine and all global conflicts. Peaceful rallies were held in Rome, Turin, Milan, Florence, Bari, Palermo and Cagliari,...

Italy's government pays homage to fascist defeat in key WWII battle, sparking opposition criticism

Oct. 26, 2024 06:52 AM EDT

ROME (AP) — Italy’s far-right government has sparked wide criticism after celebrating a major World War II battle, praising the defeated fascist soldiers who lost their lives. In a social media post on Wednesday to commemorate the 82nd anniversary of the 1942 battle of El Alamein...