The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits from Russia’s frozen central bank assets used as collateral.
Tags: Italy
Swine Fever Outbreak Threatens to Devastate Italy's $22B Pork Industry and Exports
African swine fever is severely impacting Italy's $22 billion pork industry, causing mass pig slaughter, export bans, and financial losses.
China and Italy Hopes to Revive Ancient 'Silk Road' Route With New Trade Agreement
Chinese President Xi Jinping and Italian Prime Minister Giorgia Melon signed a new trade agreement, citing the history of the Silk Road Route despite Italy's exit from the Belt and Road Initiative.
Algeria and Italy Finalize $455 Million Agricultural Project Deal
Algeria and Italy have signed a €420 million (approximately $455 million) deal to establish a significant agricultural project spanning 36,000 hectares in Timimoune province.
Italy's Campari Faces Investigation Over Alleged Tax Evasion
Italian prosecutors have initiated an investigation against Italian drinks group Campari over unpaid taxes amounting to over $1 billion since 2018.
Latest News
A gang of thieves made a Hollywood-style heist at Bulgari’s Rome store, drilling into the basement before stealing around $535,000 worth of gems and escaping into the city’s sewers in under 11 minutes.
It was recently revealed that former Vatican employee Alfio Maria Daniele Pergolizzi was arrested in a sting operation for attempting to sell back a manuscript he allegedly pilfered from the archives of St. Peter’s Basilica.
Amazon's AWS will help Italy expand its data center. The cloud computing arm will invest billions of dollars to make it happen.
Stellantis is expected to announce the production of a hybrid version of its 500e electric vehicle at the Mirafiori plant in Turin, Italy, in response to union demands and to address declining EV sales and government criticism.
For Roberto Cingolani, AI is not the problem; human control is. (Photo : Photo by KIRILL KUDRYAVTSEV/AFP via Getty Images)A photo taken on February 26, 2024 shows the logo of the ChatGPT application developed by US artificial intelligence research organization OpenAI on a smartphone screen (L) and the letters AI on a laptop screen in Frankfurt am Main, western Germany.
Italy has officially informed China that it is withdrawing from the Belt and Road Initiative (BRI), marking a significant shift in its international economic alliances.
The Italian Prime Minister has called for a cabinet meeting to discuss the request for funds from the parliament. The funds will be used to rescue the country's most troubled banks.
Lufthansa’s Chief Executive Officer confirmed that the carrier is not interested to enter into an investment deal with Italy in connection with the speculations of a possible investment in Alitalia since the company is currently focusing on talks with Etihad for its deal with Air Berlin.
For a year some time now Spain had now beaten Italy in terms of Investments. One analyst told an interview that in Europe dominating by political uncertainties, Spain had emerges as the attractive spot for investment.
