The Pentagon on Thursday said Italy and Turkey would provide initial heavy maintenance of Lockheed Martin Corp's new F-35 fighter jet and its engine in Europe from 2018, paving the way for billions of dollars in work by companies there.
Tags: Matteo Renzi
President Obama Commends Italy For A Bold Leadership
President Barack Obama, aiming to strengthen a close ally, expressed his support behind Italian Prime Minister Matteo Renzi’s efforts in overhauling the country’s political system and lifting its economy, Tuesday.
Fiat Chrysler CEO says long way from lobbying GM investors
Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) is a long way from making any offer to the shareholders of U.S. rival General Motors (GM.N) over a possible tie-up, FCA Chief Executive Sergio Marchionne said on Wednesday.
Italian prime minister Renzi to weigh new stimulus measures
Italian Prime Minister Matteo Renzi said on Friday he will consider new measures to stimulate growth in the coming weeks after his government passed its three-year financial and economic planning document (DEF).
Italy GDP stagnated in fourth-quarter 2014, held back by weak domestic demand
Italy's economy stagnated at the end of last year, marking the 14th consecutive quarter without any growth as an increase in exports was offset by weak domestic demand, data showed on Friday.
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Fiat Chrysler Automobiles (FCA) (FCHA.MI) (FCAU.N) has denied a media report saying it was considering a move in the tax residence of its Ferrari luxury sportscar unit outside Italy.
Germany praised French and Italian reform efforts on Monday and said it ought to do more itself, striking a conciliatory note after Chancellor Angel Merkel's critique of Paris and Rome over the weekend irritated both countries.
Facing rumors that he could face pressure to quit, Italian Prime Minister Matteo Renzi hit back on Sunday against criticism from business leaders and dared his opponents to challenge him in parliament.
The European Central Bank pressed Italy on Thursday to further strengthen its fiscal position, arguing that weaker-than-expected economic developments mean the government may miss its current 2014 deficit target.
The euro zone economy ground to a halt in the second quarter of the year, drained of vigour by contraction in Germany and stagnancy in France.
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