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Italy is preparing for another day of protests on Saturday against budget cuts and the high cost of living in eight cities, including Rome and Milan. Following last weekend’s unrest, authorities announced heavy security measures, including the use of drones and helicopters to monitor the marches.
Parents could face financial penalties if their children participate in vandalism or looting during demonstrations.
A daily update on the latest business and economic news.
A truckers’ protest in southern Italy has halted the production of the famed buffalo mozzarella, causing an estimated loss of €3 million (US$3.37 million) in just 24 hours as the milk cannot reach dairies in the Naples region and the finished cheese cannot reach customers, an official said. The week-long strike by truck drivers over the high cost of diesel driven up by the Iran war has also blocked deliveries of other basic goods to supermarkets and left fuel pumps empty in much of southern...
Italy approved a raft of security measures on Tuesday including a new offence of violent participation in a demonstration, tougher penalties for rioters, and financial liability for parents whose children take part in vandalism and looting.
Trucker protests over soaring fuel prices in Italy have forced dairies in the country’s south to stop making their prized buffalo mozzarella, in the latest sign of mounting economic and political frustration.
Italian Prime Minister Giorgia Meloni on Tuesday announced the deployment of 500 troops to Milan to assist police following clashes in the city. Meloni said a cabinet meeting also approved measures to make the detention of minors easier and to impose fines on their parents for any damage. Story by Morgan Ayre.
Italy announced tougher security measures on Tuesday after weekend riots in Milan left more than 100 police officers injured and shops looted. The government will deploy 500 additional soldiers, impose harsher penalties for violent protesters and hold parents financially responsible for damage caused by minors.
Protesters across Europe have hit the streets amid anger over the cost of living.
Italy has extended by another week its suspension of the European Union's border-free travel arrangements with Spain over a surge in migrant arrivals in Ceuta in late July, an Italian government source said on Friday. A Spanish government spokesperson said the interior ministers of both countries would work over the coming week on lifting the border controls.
Flight delays and cancellations disrupted Rome’s Fiumicino Airport on Friday 16 October after a fault in the data-transmission network supporting Italy’s nationwide air traffic control system.
European bond trading platform MTS SpA is an important strategic asset for Italy, Cassa Depositi e Prestiti SpA Chief Executive Officer Dario Scannapieco said.
Pope Leo XIV spent a calm night and was to begin post-surgery recovery Wednesday, a day after having a cancerous tumour removed from his lung. Part of the pope's right lung was removed in the operation and the leader of the world's 1.4 billion Catholics is awaiting the results of tests to determine if the cancer has spread. FRANCE 24's Seema Gupta reports from Rome, Italy.
A Sonelgaz unit will ship 250 electric car chargers to Italy by early November, its chief said in Algiers on Tuesday, after 200 went to Portugal. The post Algeria to Export 250 Electric Car Chargers to Italy appeared first on The Rio Times.
The flight from Italy to Australia was cancelled after passengers on the plane's previous journey complained of bug bites.
New York Times Correspondent and Former Rome Bureau Chief Jason Horowitz tells Bloomberg This Weekend how his 25 years reporting from Italy gave him a firsthand view of the Vatican, papal transitions and the country's evolving political landscape. Speaking with hosts David Gura and Christina Ruffini, Horowitz discusses his new memoir, The Italian Job, and how Italy's political experiments, from Silvio Berlusconi to Giorgia Meloni, offer insights into broader global trends. (Source: Bloomberg)
A multi million euro wine heist in Italy. As thieves in Tuscany steal 30 thousand bottles of the one of the most iconic labels in the country from a warehouse of the the prized Marchesi Antinori winery as it prepared for a major export. The company said in the past few hours, they believe two vans and up to six thieves were involved. Gavin Lee speaks to France 24's correspondent in Rome, Seema Gupta.
Intesa Sanpaolo SpA’s takeover offer for Banca Monte dei Paschi di Siena SpA won the backing of the target’s biggest shareholder, boosting Chief Executive Officer Carlo Messina’s chances of clinching one of Italy’s largest bank deals ever.
France’s decision to share defence documents with the Italian judiciary has raised hopes of a breakthrough in investigations into the 1980 crash of a passenger jet near the island of Ustica, which a former Italian president claimed was mistakenly shot down by a French fighter jet. Sceptics caution that the files are unlikely to shed light on one of Italy’s most enduring mysteries, let alone reveal a culprit.
The Stade de France was filled to capacity as the new French national team manager, Zinedine Zidane, prepared to make his home debut. The very side against whom he had ended his playing career in 2006 was once again the opponent he faced. Despite Michael Olise’s splendid free kick, the French were quickly overpowered by a clinical Italian side.
Italy's Alessandro Bastoni cancels out Michael Olise's opener for France in 1-1 UEFA Nations League draw in Saint-Denis.
Twenty years after the 2006 World Cup final, Zinedine Zidane faces Italy again on Friday, this time as France manager, on matchday three of the Nations League. For his first match in France as manager, he also returns to the Stade de France, where he experienced several defining moments of his career.
Banca Monte dei Paschi di Siena Chief Executive Officer Luigi Lovaglio tells Bloomberg Television he is confident shareholders will recognize the value of his twin takeover offers for Banco BPM and Banca Generali. "We are building an Italian champion," Lovaglio says. The CEO needs support from at least two thirds of the votes cast at a shareholder meeting on Oct. 29 to proceed with his plan. Lovaglio speaks to Bloomberg's Francine Lacqua. (Source: Bloomberg)
As the prime minister attempts to stave off a far-right challenger, a small minority of Muslims are being targeted.