LONDON (Reuters) – Banning short-selling of shares gives the impression of responding decisively to events without achieving any useful result, the World Federation of Exchanges (WFE) said on Monday. In an unusually blunt statement, the global umbrella group f... More »
LONDON (Reuters) – Alex Marquez celebrated a first MotoGP win — even if only virtually — in a ‘#StayAtHomeGP’ esports race featuring 10 top riders including older brother and six-time world champion Marc. Due to the coronavirus pandemic that has brought live s... More »
LONDON/FRANKFURT (Reuters) – The European Central Bank told euro zone banks on Friday to skip dividend payments and share buybacks until October at the earliest and use their profits to support the economy as it is hit by the coronavirus pandemic. With large p... More »
(Reuters) – More countries imposed lockdown measures as coronavirus cases across the globe ballooned, led by a sharp rise in infections in Europe. Italy banned travel within the country, nearly one in three Americans were ordered to stay home and New Zealand w... More »
(Reuters) – Here’s what you need to know about the coronavirus right now: Olympics in the balance After Canada and Australia confirmed they would not send athletes to the Tokyo Olympics if it went ahead this year, other nations are now going public with calls ... More »
BRUSSELS (Reuters) – The EU agreed on Friday to suspend requirements that oblige airlines to use at least 80% of their take-off and landing slots in order to keep them the following year until Oct. 24 due to the aviation industry crisis unleashed by coronaviru... More »
WASHINGTON (Reuters) – President Donald Trump on Thursday opened the door to a radical shift in the U.S. government’s relationship to private industry as the coronavirus outbreak upends the nation’s economy, saying he would back the government taking stakes in... More »
PARIS (Reuters) – The European Central Bank’s new bond purchase scheme will help reduce the risk of fragmentation between euro zone states, France’s finance minister said on Thursday. “The plan that the European Central Bank announced is the right one,” Bruno ... More »
LONDON (Reuters) – Borrowing costs in the United States, euro zone, Britain and Japan surged on Wednesday after two days in which governments across the globe announced trillions of dollars of spending to support locked-down economies frozen by the coronavirus... More »
LONDON (Reuters) – British Prime Minister Boris Johnson will ask manufacturers to retool production to start making specialist health equipment including ventilators and will look at using hotels as emergency hospitals to cope with the coronavirus outbreak. Br... More »
(Reuters) – European shares tumbled more than 8% on Monday as the coronavirus pandemic raged through much of Europe, with dramatic monetary easing by global central banks failing to reassure investors about its growing economic damage. The pan-European STOXX 6... More »
BRUSSELS (Reuters) – Chinese billionaire and Alibaba co-founder Jack Ma has pledged to donate two million protective masks for distribution across Europe, with a first consignment arriving in Belgium late on Friday. A cargo plane loaded with 500,000 masks and ... More »
LONDON (Reuters) – A series of six paintings by the Venetian master Titian, commissioned by King Philip II of Spain and inspired by the works of the Roman poet Ovid, have been reunited for the first time in four centuries in an exhibition at London’s National ... More »
HARARE (Reuters) – When Dominic Benhura started creating traditional Zimbabwean stone sculptures as a teenager four decades ago, he never imagined that art would bring him fame or fortune. Born to a peasant family in 1968 in Murewa, 90 kilometers northeast of ... More »
ROME (Reuters) – An exhibition commemorating the 500th anniversary of the death of Renaissance artist Raphael opens in Rome this week but the show risks being overshadowed by the coronavirus outbreak sweeping Italy. The Scuderie del Quirinale gallery has sold ... More »
LISBON (Reuters) – Portugal registered its first two cases of the new coronavirus on Monday, SIC television channel reported. It said one case was discovered in a man who had recently traveled to Italy and another one in a man who had returned from Spain. Both... More »
SYDNEY (Reuters) – Australia’s chief medical officer said on Monday it was no longer possible to completely prevent people with the coronavirus from entering the country, citing concerns about outbreaks in Japan and South Korea. Australia, one of the first cou... More »
BERLIN (Reuters) – Lufthansa (LHAG.DE) said on Monday that it was suspending flights to China until April 24 and to Tehran until April 30 due to the coronavirus outbreak. Lufthansa said it was also adjusting its flights to northern Italy. It said Austrian Airl... More »
(Reuters) – European shares steadied on Monday after their worst weekly showing since the 2008 financial crisis, on rising hopes that major central banks will step in to counter the impact of the coronavirus epidemic on global growth. The pan-European STOXX 60... More »
DUBAI (Reuters) – Kuwait’s Health Ministry announced 10 new cases of coronavirus in the country on Monday bringing the total number to 56, a ministry official said. The official, who was speaking during a news conference broadcast on state television, urged ci... More »
LOS ANGELES (Reuters) – Filming of Netflix Inc’s big-budget Dwayne Johnson movie “Red Notice” had been scheduled to move to Italy in the coming weeks, but producers now are exploring other locations due to the coronavirus outbreak in the country, a source clos... More »
BRUSSELS (Reuters) – Italy and other euro zone countries hit by the coronavirus outbreak are expected to benefit from waivers under EU fiscal rules that will allow them to spend more to tackle the emergency, the bloc’s economics commissioner said on Wednesday.... More »
BEIJING/SEOUL (Reuters) – Fears of a coronavirus pandemic grew on Monday after sharp rises in new cases reported in Iran, Italy and South Korea but China relaxed restrictions on movements in several places including Beijing as its rates of new infections eased... More »
GENEVA (Reuters) – The World Health Organization (WHO) no longer has a process for declaring a pandemic, but the COVID-19 coronavirus outbreak remains an international emergency, a spokesman said on Monday. Fears of a coronavirus pandemic grew on Monday after ... More »
ROME (Reuters) – A fourth person infected with the coronavirus has died in Italy, RAI radio reported on Monday, as officials struggle to contain an outbreak of the illness in the north of the country with around 150 cases reported since Friday. The dead patien... More »
SINGAPORE (Reuters) – French junior transport minister Jean-Baptiste Djebbari said on Monday that he saw no need to close down transport borders between France and Italy, despite the spread of coronavirus. “Closing down the borders would make no sense, as the ... More »
MILAN (Reuters) – Italy’s biggest bank UniCredit (CRDI.MI) said on Monday Chief Executive Jean Pierre Mustier had confirmed he would remain in his role, following media reports that he was being considered for the top job at rival HSBC (HSBA.L). UniCredit rece... More »
PARIS (Reuters) – A French street artist’s interpretation of the Mona Lisa made of 330 Rubik’s Cubes sold for 480,200 euros ($520,680) on Sunday at a modern art auction in Paris, well above presale estimates of up to 150,000 euros, organizers Artcurial said. T... More »
MILAN (Reuters) – Dolce & Gabbana prepared for the winter chill on Sunday, staging a Fall/Winter 2020 show featuring oversized chunky sweaters, woolly socks and furry slippers. The Italian fashion house’s presentation at Milan Fashion Week came shortly after G... More »
MILAN (Reuters) – Raf Simons will join Prada as co-creative director, marking the first time the Italian fashion house has hired an outsider to work with renowned head designer Miuccia Prada. Belgian-born Simons, 52, will join Prada on April 2, the group said ... More »
BRUSSELS (Reuters) – Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in a potential nudge to Germany and the Netherlands to spend more as fears of a downturn grow in the wake of the coronavirus epidemic.... More »
BRUSSELS (Reuters) – Euro zone finance ministers are set to discuss on Monday a document that calls for a more growth-friendly fiscal policy, a move that could lead to Germany’s spending more amid fears of a downturn. The 19-country euro zone has for years stu... More »
(Reuters) – European shares hit a record high on Monday, with automobile stocks leading gains amid fresh attempts by China to limit the economic impact of the coronavirus outbreak. Automobile stocks .SXAP, which are highly sensitive to Chinese demand and indus... More »
(Reuters) – European shares inched lower on Monday as concerns over the economic impact of the coronavirus outbreak weighed on sentiment, while markets also came off a rally from last week. The pan-European STOXX 600 index fell 0.3% by 0803 GMT, with the trave... More »
(Reuters) – Automakers including Daimler, Tesla and Ford are likely to restart production in China on Monday after being forced to shut factories for more than a week following a widespread outbreak of the coronavirus. However, some have further delayed reopen... More »
(Reuters) – A capsule carrying a crew of three from the International Space Station, including record-setting United States astronaut Christina Koch, landed in Kazakhstan on Thursday, a live feed by Russian space agency Roscosmos showed. The touchdown on a sno... More »
PARIS (Reuters) – An image of the Mona Lisa made of 330 Rubik’s Cubes is going on sale in Paris, just down the road from Leonardo da Vinci’s original. The 2005 work by French urban artist Invader is expected to fetch up to 150,000 euros ($165,000) at the moder... More »
ROME (Reuters) – Italy’s right-wing League leader Matteo Salvini failed to overturn decades of leftist rule in the northern region of Emilia-Romagna on Sunday in an election that brought relief to the embattled center-left. With 98 percent of the ballots count... More »
MELBOURNE (Reuters) – Canadian young gun Denis Shapovalov raged at the chair umpire before succumbing to nerves as he crashed out of the Australian Open first round 6-3 6-7(7) 6-1 7-6(3) to unseeded Hungarian Marton Fucsovics. Shapovalov, seeded 13th and widel... More »
ROME (Reuters) – Authorities in the Italian town of Piacenza on Friday confirmed a painting found hidden in a wall of the local art gallery was by the Austrian master Gustav Klimt, ending doubts over its authenticity. Workers discovered the painting in Decembe... More »
(Reuters) – European shares were little changed on Monday as investors shifted their focus to the signing of an interim Sino-U.S. trade deal later this week, while technology stocks rose on a clutch of brokerage upgrades and price-target bumps. The benchmark E... More »
(Reuters) – European shares touched a record high Thursday, tracking broader gains in global equities, after the United States and Iran backed away from further military escalation in the Middle East. Also lending support was confirmation from China on the sig... More »
BUDAPEST/WARSAW (Reuters) – Eastern Europe is a new frontier for private medical care, and insurers and tech startups are racing to steal a march on their rivals by harnessing the region’s health data. Growing numbers of people in Eastern European states, from... More »
(Reuters) – Veteran Argentine skier Cristian Javier Simari Birkner has never had a top-25 finish on the World Cup alpine skiing circuit, and his drought continued in unfortunate circumstances through no fault of his own on Wednesday. A double Olympian skiing i... More »
MILAN (Reuters) – The Bank of Italy “positively” fulfilled its supervision duties and is ready to account for its actions on failing lender Banca Popolare di Bari, Governor Ignazio Visco told Corriere della Sera daily in an interview published on Monday. Prose... More »
ROME (Reuters) – Chinese telecoms firm Huawei should be allowed a role in Italy’s future 5G network, the Italian industry minister said on Sunday after an influential parliamentary committee called on Rome to block the company. The United States has lobbied It... More »
MILAN (Reuters) – Artist Simone Fugazzotto defended on Tuesday a widely criticized anti-racism campaign launched by Italy’s Serie A soccer league which features his paintings of apes. Racism has long plagued Italian soccer, with black players frequently target... More »
(Reuters) – British actor Colin Firth and his Italian wife on Friday announced they had split up after 22 years of marriage. Firth, 59, known for playing stiff-upper-lipped Englishmen in films like “Love Actually,” “Bridget Jones’s Diary” and a television vers... More »
(Reuters) – Italy’s Fashion Chamber (CNMI) announced on Thursday a collaboration with the British Fashion Council which will bring part of London’s Fashion week to Milan’s men’s fall-winter collections in January. On the day that UK citizens vote in an electio... More »
CHICAGO (Reuters) – Delta Air Lines Inc (DAL.N) sees another annual rise in profit and revenue in 2020 driven by what Chief Executive Ed Bastian called a growing interest in air travel by consumers across the generational spectrum. “People are more inspired to... More »
ROME (Reuters) – A painting by the Austrian artist Gustav Klimt that was stolen in 1997 might have been discovered, hidden in a wall of the Italian gallery where it was taken from, officials said on Wednesday. Workers discovered the painting, a portrait of a y... More »
MILAN (Reuters) – “Tosca”, Giacomo Puccini’s opera about a diva prepared to do anything for love, was given a cinematic flavor as it opened La Scala’s season for the first time, winning a 16-minute ovation and a stage strewn with flowers from the audience on S... More »
ROME (Reuters) – Prime Minister Giuseppe Conte told parliament on Monday a contested reform of the euro zone’s bailout fund was in Italy’s national interest, but that it should only be adopted as a package alongside other measures. A reform of the European Sta... More »
(Reuters) – Team by team analysis of Sunday’s season-ending Abu Dhabi Formula One Grand Prix (listed in championship order): – MERCEDES (Lewis Hamilton 1, Valtteri Bottas 4) Hamilton’s 11th win of the season, fifth in Abu Dhabi and 84th of his career. He start... More »
(Reuters) – Olympic champion Matthias Mayer continued a family love affair with the Canadian Rockies when he won the men’s World Cup super-G in Alberta on Sunday. Competing a couple of hundred kilometers from where his father Helmut claimed Olympic silver in C... More »
ABU DHABI (Reuters) – Six times world champion Lewis Hamilton did not deny meeting Ferrari chairman John Elkann when asked on Sunday about speculation linking the Mercedes driver with a move to the Italian team in 2021. The 34-year-old Briton will be out of co... More »
MILAN (Reuters) – The head of Italy’s ruling 5-Star Movement said on Saturday the government should not sign off on a reform of the euro zone’s bailout fund until plans for a wider banking union became clearer. The comments by foreign minister Luigi Di Maio co... More »
ROME (Reuters) – Matteo Salvini has recently dropped threats to take Italy out of the euro zone but the hard-right leader is now alarming European authorities with a new target for his eurosceptic anger: a planned reform of the region’s bailout fund. Euro zone... More »
TOKYO (Reuters) – Pope Francis expressed concern about future energy sources as he comforted victims of the 2011 Fukushima nuclear reactor disaster on Monday, noting a call by Japan’s Catholic bishops to abolish nuclear power outright. Around 18,000 people die... More »
MILAN (Reuters) – Italy should use ongoing talks over the reform of the euro zone bailout fund, the ESM, to secure something for itself such as the appointment of an Italian to head the fund, Bank of Italy Deputy governor Fabio Panetta said on Saturday. Panett... More »
PARIS (Reuters) – A 17th-century copy of Leonardo da Vinci’s “Mona Lisa” was sold on Tuesday at Sotheby’s auction house in Paris for 552,500 euros ($611,950), much more than the initial valuation of 70,000-90,000 euros. The Mona Lisa itself, on which da Vinci ... More »
ROME (Reuters) – Proposals to reform the euro zone’s bailout fund are creating a political storm in Italy, where parties and institutions are battling over whether Rome should try to block the reform at the EU level. A draft of the reform was agreed by euro zo... More »
ROME (Reuters) – An international crime gang that ransacked ancient sites in southern Italy and trafficked stolen archaeological goods worth millions of euros has been broken up, police said on Monday. Police conducted more than 80 searches in Italy, France, B... More »
LONDON (Reuters) – World shares were close to a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015. In the latest show of support for its economy, China’s central bank cut rates on seven-day rev... More »
ROME (Reuters) – ArcelorMittal (MT.AS) is drafting a plan to re-commit to the 2018 deal, under which it bought the troubled Ilva steel plant in southern Italy, on three conditions, Il Messaggero daily reported on Monday. After withdrawing from the contract, th... More »
SAO PAULO (Reuters) – Max Verstappen won a thrilling Brazilian Formula One Grand Prix for Red Bull on Sunday after the Ferraris collided and Mercedes’ six-times world champion Lewis Hamilton was demoted from third to seventh. In a race of safety cars and surpr... More »
SAO PAULO (Reuters) – Team by team analysis of Sunday’s Brazilian Grand Prix, penultimate race of the 21-round Formula One season (listed in championship order): – MERCEDES (Lewis Hamilton 7, Valtteri Bottas retired) Hamilton finished third on track but collec... More »
SAO PAULO (Reuters) – Ferrari reminded Sebastian Vettel and Charles Leclerc of their responsibilities to the team after they put each other out of Sunday’s Brazilian Grand Prix, the penultimate race of the Formula One season. The collision between the pair, on... More »
PARIS (Reuters) – A rare portrait of Austrian composer Wolfgang Amadeus Mozart will be sold by British auction house Christie’s on Nov. 27 in Paris at an estimated price of between 800,000 euros and 1.2 million euros ($882,000-$1.32 million). The artwork, one ... More »
(Reuters) – European shares edged lower for a second session on Monday as an escalation in Hong Kong protests, an inconclusive Spanish election and Moody’s warning on Britain’s sovereign debt made for a gloomy start to the week. The pan-European STOXX 600 inde... More »
LONDON (Reuters) – Roger Federer said he had no more margin for error if he wanted to avoid an early exit at the ATP Finals after losing his opening group match to Dominic Thiem on Sunday. The 38-year-old Swiss, bidding for his seventh title at the event but h... More »
LONDON (Reuters) – Novak Djokovic ruthlessly took Matteo Berrettini apart at the ATP Finals on Sunday as he began his quest to reclaim the number one ranking by winning his opening group match 6-2 6-1. Roger Federer already faces an uphill task to win the titl... More »
AUSTIN, Texas (Reuters) – In his moment of triumph on Sunday, an emotional Lewis Hamilton reflected on loss, demons and the personal growth that led him to a sixth Formula One drivers’ title. As his Mercedes team celebrated, Hamilton’s comments after the race ... More »
LOS ANGELES (Reuters) – Lady Gaga has lined up her next feature film and will play the wife of a murdered heir to the Gucci fashion dynasty, Hollywood media reported on Friday. Gaga, whose first lead movie role in “A Star is Born” last year was critically accl... More »
ROME (Reuters) – A right-wing coalition scored a net victory in a local election in the central Italian region of Umbria, official data from the Interior Ministry showed on Monday, giving a boost to Matteo Salvini’s League party. The vote in tiny Umbria, a tra... More »
MILAN (Reuters) – UniCredit (CRDI.MI) said on Monday its cyber security team had identified a data breach involving a file created in 2015 and containing approximately 3 million records, all regarding Italian clients. Italy’s biggest lender by assets said no b... More »
SENLIS, France (Reuters) – A long-lost painting by 13th century Italian master Cimabue that was found in the kitchen of an elderly French woman was sold for 24 million euros ($26.6 million), more than four times the pre-auction estimate, auction Acteon house s... More »
PARIS (Reuters) – A major exhibition marking 500 years since the death of Leonardo da Vinci opened in Paris on Thursday but there was intrigue over whether the “Salvator Mundi” painting of Christ, one of the best-known works attributed to the master, would mak... More »
PARIS (Reuters) – France’s Louvre museum, home to Leonardo da Vinci’s Mona Lisa, is putting the final touches to one of the biggest ever exhibitions of the Italian master’s work with the presence of the world’s most expensive painting agonizingly unresolved. T... More »
ROME (Reuters) – Andrea Gandini, a 22-year-old Roman sculptor, is making a growing name for himself by turning the Eternal City’s dead tree stumps into much-admired pieces of art. Gandini, who began his tree carvings around five years ago, chipped away at his ... More »
LONDON (Reuters) – Uncertainty surrounding Britain’s exit from the European Union has hit science funding to the tune of almost half a billion euros and is putting off international researchers from coming to Britain, a leading institution said on Wednesday. A... More »
MILAN (Reuters) – Carlo De Benedetti, at odds with his three sons over the fate of Italy’s GEDI (GEDI.MI), publisher of the La Repubblica and La Stampa newspapers, plans a two-stage relaunch of the firm including investment in digital, he said in an interview ... More »
(Reuters) – The United Kingdom is reviewing all weapons exports licenses to Turkey as it faces mounting pressure over its military offensive in northern Syria, the Financial Times reported on Monday. British ministers have suspended issuing new licenses for ar... More »
MILAN (Reuters) – Mediobanca’s third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning of the Italian merchant bank’s strategy. The 84-year-old billionaire bought a 7% stake in Medioban... More »
LONDON (Reuters) – Scientists at Britain’s national synchrotron facility have harnessed powerful light beams to virtually unwrap and decipher fragile scrolls dating back some 2,000 years in a process they hope will provide new insights into the ancient world. ... More »
TOKYO (Reuters) – Italian astronaut Luca Parmitano will be cheering on his team from space when they take on South Africa in their pivotal Rugby World Cup clash. Parmitano will be watching Friday’s Pool B match from the International Space Station as it orbits... More »
(Reuters) – Italy’s Tod’s appointed a former Google executive as chief digital and innovation officer to ramp up its ongoing digital transformation, the shoes and leather goods company said on Friday. Alessandra Domizi, previously the Industry Head – Fashion &... More »
LONDON (Reuters) – Digital wealth management company Moneyfarm said on Thursday it had raised 36 million pounds ($44.4 million) from Poste Italiane and Allianz Asset Management in its latest funding round. Moneyfarm also said it plans a strategic partnership w... More »
PARIS (Reuters) – A long-lost painting by a 13th century Italian master discovered in the kitchen of an elderly French woman has been valued at up to six million euros and will be sold at auction next month. The “Christ Mocked” painting by early Renaissance ar... More »
ROME (Reuters) – Italy’s new government allowed a French charity ship to bring ashore 82 migrants on Saturday in an apparent reversal of the uncompromising, closed-door policy of the previous administration. However, Foreign Minister Luigi Di Maio, who heads t... More »
LONDON (Reuters) – Burglars have stolen a fully-functional 18-carat gold toilet from Britain’s Blenheim Palace, where it had been installed as an art exhibit, police said on Saturday. The toilet, valued at more than $5 million, was part of an exhibition of wor... More »
HELSINKI (Reuters) – France and Germany said on Friday that Facebook Inc’s (FB.O) Libra currency posed risks to the financial sector that could block its authorization in Europe, and backed the development of an alternative public cryptocurrency. The criticism... More »
SAN FRANCISCO/NEW YORK (Reuters) – Facebook Inc (FB.O) revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into trouble with skeptical regulators around the world. Opposition deepened on Friday, when both France... More »
FRANKFURT (Reuters) – Chinese suppliers and manufacturers have stepped up their presence at the Frankfurt auto show, capitalizing on a strong position in electric technologies forced on European carmakers by regulators seeking to curb pollution. Though the num... More »
(Reuters) – European shares rose to six-week highs on Wednesday, as China eased trade worries by saying it would exempt some U.S. goods from additional tariffs, with eyes also moving to a European Central Bank meeting expected to deliver more economic stimulus... More »
TORONTO (Reuters) – Actors Christian Bale and Matt Damon say they have a newfound respect for racecar drivers after making “Ford v Ferrari”, based on the true story of the battle between the car makers at the 1966 Le Mans. The movie, shown at the Toronto Film ... More »
NEW YORK (Reuters) – Defending champion Naomi Osaka will seek a spot in the U.S. Open quarter-finals when she returns to the court on Monday while second seed Rafa Nadal faces former winner Marin Cilic in last 16 action. Osaka, who brought 15-year-old American... More »
MILAN (Reuters) – Italy’s prime minister said on Sunday he expected to finalize talks over a new government by Wednesday, as the 5-Star Movement and Democratic Party were in intense discussions during the weekend to hammer out a deal on a common agenda and Cab... More »
VENICE, Italy (Reuters) – Jude Law brought the follow-up to “The Young Pope” to the Venice Film Festival on Sunday, presenting a glimpse of his return in the Paolo Sorrentino-directed papal drama, which at one point sees him wearing just “a napkin”. The second... More »
VENICE, Italy (Reuters) – A ring of Cuban operatives seeking to infiltrate anti-government groups exiled in Miami in the early 1990s is the focus of French director Olivier Assayas’ “Wasp Network”, a star-studded political thriller based on a true story. Starr... More »
