Steve Bannon drafting curriculum for right-wing Catholic institute in Italy

By Mark Hosenball Undated, Sept 14 : Former Trump White House adviser Steve Bannon is helping to craft the curriculum for a leadership course at a right-wing Roman Catholic institute in Italy, stepping up his efforts to influence conservative thinking in the church. Benjamin Harnwell, director of the Dignitatis Humanae Institute based in a mountaintop […]

Tria’s comments trigger Italian bond rally, yields at six-week lows

By Abhinav Ramnarayan LONDON, Sept 10 : The gap between Italian and German 10-year borrowing costs was at its tightest in six weeks on Monday, after Italy’s Economy Minister Giovanni Tria predicted yields would drop as the government laid out its budget for 2019. Italian debt rallied last week after government officials suggested Italy’s upcoming […]

Italy magistrates investigate 20 suspects over bridge collapse

By Paola Balsomini GENOA, Italy, Sept 6 : Italian magistrates are investigating 20 people for alleged manslaughter after 43 people died when a motorway bridge collapsed in the port city of Genoa last month, the chief prosecutor said. A judicial source said separately that they included top executives of Autostrade, the company that runs the […]

Starbucks’ Italian dream comes true, but it is not cheap

By Francesca Landini MILAN, Sept 6 : Starbucks, the world’s biggest coffee chain, will realise its chairman’s dream on Friday when it opens an upmarket roastery and cafe in Milan, but the test will be to convince coffee-obsessed Italians to pay more for their daily espresso. The store will be the Seattle-based giant’s first foray […]

Italy’s bond yields tumble on hopes of EU-friendly budget

By Dhara Ranasinghe and Virginia Furness LONDON, Sept 5 : Italian bond yields fell to their lowest in almost a month on Wednesday, as hopes grew that the country’s anti-establishment coalition would respect European Union rules on fiscal discipline in upcoming budget talks. Deputy Prime Minister Luigi Di Maio said on Wednesday the forthcoming Italian […]

Salvini moderates tone on Italian budget, promises to be “good”

By Giuseppe Fonte and Angelo Amante ROME, Sept 4 : Deputy Prime Minister Matteo Salvini tried to play down investors’ fears on Tuesday that Italy was set to shunt the budget deficit sharply higher, saying planned spending increases and tax cuts would be introduced gradually. Investors have dumped Italian bonds in droves since the government […]