Italy could host Musk v Zuckerberg cage fight

Published 1y ago

The culture minister says he has spoken to the X boss about hosting the showdown as a charity event. More »

Ancient 2,000-year-old Roman shipwreck found off coast of Italy

Published 1y ago

The cargo ship was found laden with hundreds of Roman pottery jars, most of which are intact. More »

Are arsonists behind Italy’s devastating wildfires?

Published 1y ago

Residents suspect most of the blazes blighting their stunning region are intentionally lit. More »

Germany, Italy, France suspend AstraZeneca shots amid safety fears, disrupting EU vaccinations

Published 4y ago

FILE PHOTO:Teacher, Rene Kirstein, receives his first dose of AstraZeneca’s COVID-19 vaccine from nurse Susanne Kugel, amid the spread of the coronavirus disease (COVID-19) in Grevesmuehlen, Germany, March 5, 2021. REUTERS/Fabian Bimmer BERLIN/GENEVA (Reuters)... More »

European shares boosted by tech- all eyes on upcoming data

Published 4y ago

(Reuters) – Technology stocks drove European shares higher on Tuesday, but sentiment was shaky ahead of key economic readings that are likely to indicate an uneven recovery from the coronavirus. Apple (AAPL.O) suppliers in the region rose after the iPhone make... More »

Big Oil’s patchy deals record casts shadow over green makeover

Published 4y ago

LONDON (Reuters) – As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry’s patchy track record on takeovers is a red flag for some investors. Ten years ago, the world’s top energy comp... More »

Highlights: U.S. Open day one

Published 4y ago

NEW YORK(Reuters) – Highlights of the first day at the U.S. Open on Monday (times ET- GMT-4). The Grand Slam, the second this year after Wimbledon was cancelled and the French Open was postponed, is being played without spectators due to the COVID-19 pandemic:... More »

Payment holiday parachute might COVID-proof government bonds, top fund says

Published 4y ago

LONDON (Reuters) – The option of a one-time payment holiday during times of intense crisis might enable countries to pandemic-proof their bonds, a prominent debt fund believes. Economic fallout from COVID-19 has triggered a record number of sovereign defaults ... More »

Back to the paddy fields. COVID smashes Indian middle-class dreams

Published 4y ago

DUTTA NAGAR, India (Reuters) – Until late March, Ashish Kumar was helping to make plastic boxes for Ferrero Rocher praline chocolates and the plastic spoons tucked inside Kinder Joy eggs to scoop out the milky sweet cream inside. With a diploma in plastic moul... More »

Motorcycling: Rossi urges riders to control aggression after ‘terrifying’ crash

Published 4y ago

(Reuters) – Yamaha’s Valentino Rossi has urged riders who make their way up to the premier class to exercise caution when fighting for track positions to avoid a repeat of the horror collision that halted the Austrian Grand Prix on Sunday. The red flag came ou... More »

Raphael did a nose-job in self-portrait, face reconstruction suggests

Published 4y ago

ROME (Reuters) – Raphael probably didn’t like his nose, and replaced it with an idealised version in his famous self-portrait. That is the conclusion of Rome University scientists who produced a 3D computer reconstruction of the Renaissance master’s face from ... More »

Equinor appoints new CEO to speed up renewable investments

Published 4y ago

OSLO (Reuters) – Equinor (EQNR.OL) on Monday announced the appointment of Anders Opedal as chief executive effective from Nov. 2 as the Norwegian oil and gas group looks to speed up a move into renewable energy. The new CEO, who had been executive vice preside... More »

European stocks flat as tech losses offset China data optimism

Published 4y ago

(Reuters) – European shares were largely flat on Monday as renewed U.S.-China tensions hit technology stocks, but a slowing decline in China’s producer prices and rising oil prices limited losses. The pan-European STOXX 600 index edged up 0.1% at the start of ... More »

Coronavirus accelerates European utilities’ digital drive

Published 4y ago

MILAN/FRANKFURT (Reuters) – When COVID-19 plunged Italy into lockdown, it was decision time at the Verampio power station. The control room, which runs a fleet of hydroelectric plants across the Piedmont region, hard hit by the pandemic, had to be secured to k... More »

Global shares climb as China industrial data offers hope for coronavirus recovery

Published 4y ago

LONDON (Reuters) – European shares rose on Monday as industrial activity in China gained strength, another sign of recovery from the coronavirus pandemic that added to hopes the global economy would also return to health. The broader Euro STOXX 600 rose 0.6%, ... More »

BP’s green energy targets will be tough to meet

Published 4y ago

LONDON (Reuters) – BP (BP.L) will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world’s largest renewable power generators. The B... More »

‘Made in Italy’ film becomes healing process for Liam Neeson and son

Published 4y ago

(Reuters) – Eleven years after the sudden death of actress Natasha Richardson, her husband Liam Neeson and their son have found renewed healing in their first film together, “Made in Italy.” “Reading the script was like, what? This is so weird. Like, surely Mo... More »

Italy sees signs of hope in new Genoa bridge

Published 4y ago

MILAN (Reuters) – Two years after part of Genoa’s Morandi motorway bridge collapsed, killing 43 people, a new structure opens in its place on Monday, an achievement in stark contrast to stalled infrastructure projects elsewhere in Italy. The new kilometre-long... More »

Long-term complications of COVID-19 signals billions in healthcare costs ahead

Published 4y ago

NEW YORK (Reuters) – Late in March, Laura Gross, 72, was recovering from gall bladder surgery in her Fort Lee, New Jersey, home when she became sick again. Her throat, head and eyes hurt, her muscles and joints ached and she felt like she was in a fog. Her dia... More »

Ferrari trims full-year outlook after second-quarter earnings skid

Published 4y ago

MILAN (Reuters) – Luxury carmaker Ferrari (RACE.MI) trimmed its full-year earnings forecast on Monday after second-quarter income plunged due to supply chain and production disruptions due to the coronavirus pandemic. The company known as the ‘Prancing Horse’ ... More »

UK PM Johnson praises Northern Ireland’s Hume as a ‘political giant’

Published 4y ago

LONDON (Reuters) – Irish peacemaker John Hume was a “political giant” who did so much to help bring an end to the Troubles in Northern Ireland, British Prime Minister Boris Johnson said on Monday. Hume, a key Roman Catholic architect of Northern Ireland’s 1998... More »

Greek Sakkari was ready to swap racket for track spikes

Published 4y ago

(Reuters) – Greek tennis player Maria Sakkari says she was so desperate for competition during the COVID-19 shutdown that she considered running in the 100m at the national athletics championships. The 25-year-old is seeded third at the WTA’s Palermo Ladies Op... More »

Factbox: Intesa eyes integration, growth after UBI bid succeeds

Published 4y ago

MILAN (Reuters) – Intesa Sanpaolo (ISP.MI) succeeded in its bid for UBI Banca (UBI.MI) on Tuesday after acquiring two thirds of its target’s shares to pass a vital threshold that leaves it in full control of what will be the euro zone’s seventh-largest bank. W... More »

Gold roars to record high, dollar dives again

Published 4y ago

LONDON (Reuters) – Gold soared to an all-time high on worsening ties between the United States and China, a sinking dollar and ultra-low interest rates on Monday, while stock markets faltered before a deluge of corporate earnings. Europe’s main stock markets w... More »

European shares fall as UK quarantine move on Spain hits travel stocks

Published 4y ago

(Reuters) – European shares slipped on Monday with travel stocks leading the declines after Britain imposed a quarantine on travellers returning from Spain, where cases of the novel coronavirus have surged in the last few weeks. The pan-European STOXX 600 was ... More »

Euro zone economy not yet out of danger from coronavirus: ECB’s Panetta

Published 4y ago

BERLIN (Reuters) – The danger to the euro zone economy from the coronavirus pandemic is not yet over, European Central Bank board member Fabio Panetta told La Repubblica, adding that he saw no need to make any tweaks to the bank’s massive asset purchase progra... More »

Activist fund TCI lodges complaint against Italy with European Commission over Atlantia

Published 4y ago

LONDON/ROME (Reuters) – Activist hedge fund TCI Fund Management said it has complained to the European Commission over “illegitimate expropriation” by the Italian government of Atlantia’s motorways unit Autostrade per l’Italia. TCI, an investor in Atlantia, sa... More »

TCI sees Autostrade valuation between 11-12 billion euros-partner

Published 4y ago

MILAN (Reuters) – Activist hedge fund TCI Fund Management, which is challenging the Italian government over the forced sale of Atlantia’s Autostrade per l’Italia (ASPI) unit, said on Friday the value of Autostrade could be between 11 and 12 billion euros. “I b... More »

European stocks slip as cyclicals retreat, EU talks in focus

Published 4y ago

(Reuters) – European shares fell on Monday, dragged down by cyclical sectors amid a surge in coronavirus cases globally, while investors remained cautiously optimistic about the ongoing talks over an EU-wide recovery fund. An index of eurozone shares .STOXXE s... More »

Euro, euro zone bond markets hold out hope for recovery fund, stocks cautious

Published 4y ago

LONDON (Reuters) – The euro and euro zone bond markets held out hope European Union leaders would strike a deal on a recovery fund for the bloc’s pandemic-ravaged economy on Monday, but the region’s stock markets took a cautious turn lower as talks paused. The... More »

Hamilton criticises F1 after ‘rushed’ anti-racism gesture

Published 4y ago

(Reuters) – Six times world champion Lewis Hamilton criticised Formula One’s leaders after what he called a “rushed” anti-racism gesture by some drivers before the start of Sunday’s Hungarian Grand Prix. Hamilton, who won from pole position to take the champio... More »

Intesa ups bid for UBI by 18% with cash sweetener

Published 4y ago

MILAN (Reuters) – Italy’s Intesa Sanpaolo (ISP.MI) on Friday raised its bid for rival UBI Banca (UBI.MI) by 18%, adding a cash sweetener to secure investor backing for its plan to create the euro zone’s seventh-largest banking group. In mid-February, just befo... More »

Euro zone shares flat as EU recovery plan awaited- Ericsson soars

Published 4y ago

(Reuters) – Euro zone shares were little changed on Friday as investors awaited the outcome of an European Union summit where leaders are expected to hammer out details of a 750-billion-euro ($858 billion) recovery fund. The euro zone STOXX index .STOXXE was f... More »

Banksy mural stolen at Bataclan returned to France from Italy

Published 4y ago

ROME (Reuters) – Italy on Tuesday handed back to France a mural painted by British street artist Banksy which was stolen from the Paris Bataclan theatre, where militant Islamist gunmen killed scores of people in an attack in November 2015. In June 2018, Banksy... More »

Tunisia seeks late debt payments as crisis hits economy, state budget

Published 4y ago

TUNIS (Reuters) – Tunisia has asked four countries to delay debt repayments, it said on Monday as it announced more pessimistic economic and budget forecasts for 2020 because of the coronavirus pandemic. It is negotiating with Saudi Arabia, Qatar, France and I... More »

Motor racing: Hamilton wants Ferrari to do more in fight against racism

Published 4y ago

(Reuters) – Six times Formula One world champion Lewis Hamilton praised his Mercedes team for taking a stance against racism but said after winning Sunday’s Styrian Grand Prix that Ferrari and others should do more. The Briton took a knee with 11 drivers befor... More »

Tuberculosis vaccine may be limiting COVID-19 deaths- dormitory screening urged

Published 4y ago

(Reuters) – The following is a brief roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus. Tuberculosis vaccine may limit COVID-19 deaths A tuberculo... More »

Bond investors wait for more headlines on EU recovery fund

Published 4y ago

AMSTERDAM (Reuters) – Euro zone bond yields held their ground on Thursday with investors’ main focus expected to be any new developments on the European Union’s recovery fund, which aims to help the region’s economy recover from the coronavirus crisis. Hopes a... More »

European stocks slip as hopes of post-pandemic rebound fade

Published 4y ago

(Reuters) – European shares fell on Tuesday as surging U.S. coronavirus cases and forecasts for a deeper-than-feared recession in the euro zone dimmed optimism around a post-pandemic rebound. The pan-European STOXX 600 index slipped 0.6%, falling back from a n... More »

EU sees deeper recession, less steep rebound for euro zone

Published 4y ago

BRUSSELS (Reuters) – The euro zone economy will drop deeper into recession this year and rebound less steeply in 2021 than previously thought, the European Commission forecast on Tuesday, with France, Italy and Spain struggling the most due to the COVID-19 pan... More »

Italian cabinet approves ‘mother of all reforms’ to slash red tape

Published 4y ago

ROME (Reuters) – The Italian government approved a package of measures on Tuesday aimed at cutting the complicated red tape that has long been blamed for crimping growth in the euro zone’s third-largest economy. The “simplification decree,” approved after week... More »

Italian film composer Ennio Morricone dies aged 91

Published 4y ago

ROME (Reuters) – Ennio Morricone, the Italian composer whose haunting scores to Spaghetti Westerns like “A Fistful of Dollars” and “The Good, the Bad and the Ugly” helped define a cinematic era, has died, his lawyer said on Monday. He was 91. Morricone had bro... More »

World shares rally to four-week highs as investors bet on China revival

Published 4y ago

LONDON (Reuters) – Global stock markets rallied to four-week highs on Monday as investors counted on a revival in Chinese activity to boost global growth, even as surging coronavirus cases delayed business re-openings across the United States. MSCI’s All-Count... More »

Ennio Morricone, Italian composer most famous for Westerns, dies aged 91

Published 4y ago

ROME – Ennio Morricone, whose scores for movies such as “The Good, the Bad and the Ugly”, “The Mission” and “Cinema Paradiso” made him one of the world’s most famous and prolific screen composers, has died, ANSA news agency said on Monday. He was 91. ANSA said... More »

Uffizi masterpieces show Black culture’s role in the Renaissance

Published 4y ago

ROME (Reuters) – Italy’s Uffizi gallery said on Thursday it was planning to pick out nine of its masterpieces for a project to highlight the part that Black people and culture played in the Renaissance. Under the “Black Presence” initiative, images of works in... More »

EU banks to take on Visa, Mastercard with new payments system

Published 4y ago

LONDON/PARIS (Reuters) – Sixteen banks from Germany, France and three other euro zone countries on Thursday said a “truly European” payments system was expected to be up and running in 2022 to fully digitalise a region where half of all retail payments are sti... More »

Italian whole-town study finds 40% of coronavirus cases had no symptoms

Published 4y ago

LONDON (Reuters) – A study of coronavirus infections that covered almost everyone in the quarantined north Italian town of Vò found that 40% of cases showed no symptoms – suggesting that asymptomatic cases are important in the spread of the pandemic. The study... More »

European shares pick up, dollar gains before quarter-end

Published 4y ago

LONDON (Reuters) – European shares picked up on Tuesday after a weak start, extending the optimism of the Asian session, and oil prices steadied as investors looked for signs of an economic recovery in the second half of 2020. The MSCI world equity index, whic... More »

Sailing: Team New Zealand blames inside job for America’s Cup allegations

Published 4y ago

WELLINGTON (Reuters) – Team New Zealand have blamed “informants” for spreading “highly defamatory and inaccurate” allegations about the body organising their America’s Cup defence, triggering government questions over “financial and structural matters”. The te... More »

Soundtracks from Italian cinema’s golden age get new lease of life

Published 4y ago

LONDON (Reuters) – Soundtracks from the golden age of Italian cinema are to be made available to a new generation of music and film lovers under a new partnership between Universal Music Group (UMG) and Sugar, Italy’s leading independent label. More than 2,000... More »

Italy’s Cassandra: the scientist who challenged WHO guidelines

Published 4y ago

ROME (Reuters) – Andrea Crisanti says his one regret is that he didn’t yell loudly enough at the beginning, when the dead had yet to pile up.  The Italian virologist has become a medical celebrity at home, a contrarian who broke with initial  World Health  Org... More »

Kelly Clarkson, Zac Efron to get stars on Hollywood Walk of Fame

Published 4y ago

LOS ANGELES (Reuters) – “American Idol” winner Kelly Clarkson, actor Zac Efron and British star Benedict Cumberbatch are among celebrities who will be getting a star on Hollywood’s Walk of Fame in 2021. Shia LaBeouf, Missy Elliott and “American Pie” singer-son... More »

AstraZeneca COVID-19 vaccine to be shared across Europe, says France

Published 5y ago

PARIS/BRUSSELS (Reuters) – A deal between AstraZeneca and four European countries for COVID-19 vaccines involves doses being shared by European Union members on a pro rata basis based on population, a source at the French President’s office said on Monday. The... More »

Explainer: Europe steps up tech battle vs. coronavirus with German app

Published 5y ago

BERLIN (Reuters) – Germany on Tuesday becomes the latest European country to launch a smartphone app that seeks to break the chain of coronavirus infection by tracking encounters between people and issuing a warning should one of them test positive. A growing ... More »

Banksy mural stolen from Bataclan theater found in Italian farmhouse

Published 5y ago

ROME (Reuters) – A mural by secretive British street artist Banksy stolen from the Bataclan theater in Paris, where Islamist gunmen killed 90 people in 2015, has been found in a farmhouse in central Italy, police said on Thursday. The work, one of a series of ... More »

Greece, Italy to sign accord on maritime zones

Published 5y ago

ATHENS (Reuters) – Greece and Italy will sign an agreement on maritime boundaries during a visit by Italy’s foreign minister to Athens on Tuesday, the Greek Foreign Affairs Ministry said. The deal follows months of tensions in the Eastern Mediterranean region ... More »

European stocks fall as cyclicals, BAT weigh

Published 5y ago

(Reuters) – European shares fell on Tuesday as declines in cyclical stocks and UK’s British American Tobacco threw a spanner into a rally driven by optimism over a global recovery from the coronavirus crisis. The pan-European STOXX 600 index fell 1.3%, with eu... More »

Ground-penetrating radar reveals splendor of ancient Roman city

Published 5y ago

WASHINGTON (Reuters) – In a glimpse into the future of archeology, researchers have used ground-penetrating radar to map an entire ancient Roman city, detecting remarkable details of buildings still deep underground including a temple and a unique public monum... More »

ECB expands pandemic support to over $1.5 trillion

Published 5y ago

LONDON (Reuters) – The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by more than two months of shutdowns due to the coronavirus pandemic. HIGHLIGHTS: ** ECB increases size o... More »

Virtual no more – real Michelangelo awes again in Vatican Museums

Published 5y ago

VATICAN CITY (Reuters) – If you’ve ever dreamed of being in the Sistine Chapel without feeling like you are craning your neck in a packed open-top tourist bus, now is your chance. The Vatican Museums re-opened to the public on Monday after being closed for nea... More »

Thyssenkrupp CEO: No taboos in steel consolidation plans

Published 5y ago

FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp’s CEO on Tuesday said there were no taboos in plans to consolidate its steel unit, marking a break with tradition under which the business had been sacrosanct for centuries. “Nothing is off-limits anymore,” Martin... More »

Auto industry big part of Italy GDP, fair to back FCA for job creation: minister

Published 5y ago

MILAN (Reuters) – The auto industry represents a significant share of Italy’s economy and it is right to support those who create jobs, Deputy Economy Minister Laura Castelli said when asked about Fiat Chrysler’s (FCHA.MI) request for state-backed loans. The I... More »

Button shocked Vettel will not be at Ferrari next season

Published 5y ago

(Reuters) – Former world champion Jenson Button says he is shocked Sebastian Vettel will not drive for Ferrari next season and that it would be “madness” if the team had pushed him out. Ferrari said last week that four-times world champion Vettel would leave t... More »

Rome’s coronavirus-hit Raphael exhibition to reopen in June

Published 5y ago

ROME (Reuters) – An exhibition commemorating the 500th anniversary of the death of Renaissance artist Raphael will reopen on June 2 in Rome and its run extended until Aug.30, after it fell foul of the COVID-19 lockdown. The show at the Scuderie del Quirinale G... More »

Defensives, upbeat earnings lift European shares

Published 5y ago

(Reuters) – European shares edged higher on Tuesday following a clutch of upbeat quarterly earnings reports, but investors remained cautious of a resurgence in new coronavirus cases as hard-hit economies lift lockdowns. The pan-European STOXX 600 index rose 0.... More »

Bolsonaro allows Brazilians to go to the gym as coronavirus cases surge

Published 5y ago

BRASILIA (Reuters) – Brazilian President Jair Bolsonaro on Monday declared gyms and hair salons as essential services that can stay open through the new coronavirus outbreak, easing measures to control the disease despite new cases and deaths surging in the co... More »

Green hydrogen’s time has come, say advocates eying post-pandemic world

Published 5y ago

LONDON (Reuters) – Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden chance to drag the niche energy into the mainstream of a post-pandemic world.... More »

Locked out of galleries, Londoners find Caravaggio street art

Published 5y ago

LONDON (Reuters) – Londoners locked out of galleries can find an alternative art fix on a wall under under some railway arches after street artist Lionel Stanhope painted a Caravaggio classic, updated for the coronavirus age. The Italian baroque master’s “Supp... More »

Ferrari slowed by coronavirus, but not driven off course

Published 5y ago

MILAN (Reuters) – Luxury sports car maker Ferrari (RACE.MI) still expects to make more than $1 billion in core profit this year, providing a relative beacon of stability in an auto industry ravaged by the coronavirus crisis. The company, known for its red Form... More »

Masked and standing apart, the world creeps out of lockdown

Published 5y ago

ROME/WASHINGTON (Reuters) – Italy and the United States were among a slew of countries easing lockdown restrictions on Monday to resurrect economies, but officials cautioned against moving too swiftly as global deaths from the coronavirus neared a quarter of a... More »

Banks baffle investors as art meets science in accounting rule

Published 5y ago

LONDON (Reuters) – Like the myriad approaches governments are taking to tackle the coronavirus crisis, the way the world’s top banks are calculating their potential losses also differs widely, with puzzling outcomes for investors. These discrepancies are roote... More »

Italy’s coronavirus death toll far higher than reported: stats office

Published 5y ago

ROME (Reuters) – Italy’s coronavirus death toll is much higher than reported, statistics bureau ISTAT said on Monday in an analysis pointing to thousands of fatalities that have never been officially attributed to COVID-19. In its first report of the epidemic’... More »

U.S. steers clear as global COVID-19 pledging conference begins

Published 5y ago

BRUSSELS (Reuters) – World leaders launched a pledging “marathon” on Monday – without the United States – to raise at least $8 billion for research into a possible vaccine and treatments for the coronavirus. Organisers included the European Union, non-EU state... More »

Italy starts slow return to normality, fears resurgence of coronavirus

Published 5y ago

ROME (Reuters) – Grandparents hugged their grandchildren, toddlers rushed excitedly through parks and factories revived their long-stalled production lines as Italy started the slow process of unwinding Europe’s longest coronavirus lockdown. Nearly two months ... More »

China, Russia take advantage of virus emergency, U.S defense secretary says

Published 5y ago

ROME (Reuters) – Russia and China are taking advantage of the coronavirus emergency to put their interests forward in Europe, U.S. Defense Secretary Mark Esper said on Monday, describing Chinese efforts to promote Huawei mobile phone network equipment as malig... More »

A battle far from over: Five questions for the ECB

Published 5y ago

LONDON (Reuters) – The European Central Bank meets on Thursday, the ink barely dry on its emergency bond-buying scheme, and markets are already asking what more it will do to help the euro zone economy through the coronavirus crisis. Its emergency stimulus, wh... More »

Allison thanks Mercedes for their ‘gamble’ on a grieving man

Published 5y ago

LONDON (Reuters) – Mercedes technical director James Allison spoke on Sunday of his gratitude to the Formula One world champions and team boss Toto Wolff for their ‘gamble’ on a grieving man four years ago. The Briton said he had been “something of a wreck” af... More »

Euro zone economy set for deepest recession on record: Reuters poll

Published 5y ago

BENGALURU (Reuters) – The euro zone economy is already in its deepest recession on record, according to a Reuters poll of economists, who have stuck to a bleak outlook and worry the downturn might be even worse as coronavirus lockdowns across the bloc take the... More »

European shares tumble on oil crash, dour earnings

Published 5y ago

(Reuters) – European stocks fell on Tuesday as the double whammy from a crash in U.S. crude to minus $40 per barrel and dismal first-quarter earnings reports spooked investors about the lasting damage to the global economy from the coronavirus pandemic. BP Plc... More »

Euro zone fiscal response to crisis inadequate: ECB’s Panetta

Published 5y ago

FRANKFURT (Reuters) – The euro zone’s fiscal response to the coronavirus crisis has been inadequate so far and threatens the single market, European Central Bank board member Fabio Panetta said in an editorial published by Politico. Budget action should be pro... More »

Ferrari rolls out coronavirus testing to get staff ready for work

Published 5y ago

MILAN (Reuters) – Workers at Ferrari (RACE.MI) are signing up en masse for voluntary coronavirus screening so they can return to work as soon as possible in an ambitious scheme that could serve as a blueprint for manufacturers desperate to resume production. U... More »

Italian girls take to rooftop tennis amid coronavirus lockdown

Published 5y ago

(Reuters) – Two young girls in Italy took their tennis games to a higher level despite a nation-wide coronavirus lockdown as they staged a remarkable rally from the rooftops of neighbouring buildings. The girls in the Ligurian town of Finale Ligure coolly mana... More »

Italy PM calls for EU solidarity in support of coronabonds

Published 5y ago

FRANKFURT (Reuters) – Italian Prime Minister Guiseppe Conte has repeated calls for the European Union to issue common euro zone bonds to demonstrate the bloc’s solidarity in tackling the coronavirus crisis. Conte said in an interview to be published in Germany... More »

Rift opens over European coronavirus contact tracing apps

Published 5y ago

BERLIN (Reuters) – A rift has opened up over the design of smartphone apps to trace people in Europe at risk of coronavirus infection, potentially hindering efforts to curb the pandemic and ease crippling travel restrictions. Scientists and researchers from mo... More »

Who’s Who of pop culture unites for ‘One World’ coronavirus special

Published 5y ago

(Reuters) – Lady Gaga, Taylor Swift, Paul McCartney, The Rolling Stones, Beyonce and Oprah Winfrey on Saturday headlined a special broadcast of music, comedy and personal stories celebrating those around the world on the frontlines of the coronavirus pandemic.... More »

British great Stirling Moss dies at 90 after long illness

Published 5y ago

LONDON (Reuters) – Stirling Moss, the British racing driver who ranked as an all-time Formula One great despite never winning the world championship, died on Sunday aged 90 after a long illness. “He died as he lived, looking wonderful,” his wife Susie told the... More »

Key EU states agree coronavirus economic rescue -text of draft deal

Published 5y ago

BRUSSELS (Reuters) – European Union countries on Thursday evening agreed the emergency credit lines from the euro zone’s bailout fund “will be available until COVID-19 crisis is over”, a draft of their deal read. Afterwards, euro countries should remain commit... More »

ECB urges measures worth 1.5 trillion euros this year to tackle virus crisis: sources

Published 5y ago

BRUSSELS (Reuters) – The European Central Bank told euro zone finance ministers that the bloc may need fiscal measures worth up to 1.5 trillion euros ($1.6 trillion) this year to tackle the economic crisis caused by the COVID-19 epidemic, officials told Reuter... More »

European shares jump as coronavirus deaths slow

Published 5y ago

(Reuters) – European shares rebounded on Monday as a slowdown in coronavirus deaths raised hopes that nationwide lockdowns were starting to show results, while Rolls Royce soared after becoming the latest multinational firm to raise cash to weather an economic... More »

Take Five: Life in the time of corona

Published 5y ago

LONDON (Reuters) – 1/LOOKING TO CHINA The world’s biggest economy won’t be open for business by Easter, as U.S. President Donald Trump had hoped, but the second biggest economy may come close. How China fares offers a guide to other countries when their corona... More »

On this day: Died April 7, 1968: Jim Clark, British racing driver

Published 5y ago

(Reuters) – Jackie Stewart starts a chapter of his autobiography with a simple sentence: “Jim Clark was the finest racing driver of my era.” Few would disagree with the triple world champion, Britain’s most successful racing driver until Lewis Hamilton rewrote... More »

Death at home: the unseen toll of Italy’s coronavirus crisis

Published 5y ago

MILAN (Reuters) – It took Silvia Bertuletti 11 days of frantic phone calls to persuade a doctor to visit her 78-year-old father Alessandro, who was gripped by fever and struggling for breath. When an on-call physician did go to her house near Bergamo, at the e... More »

European insurer shares fall as row breaks out over dividends

Published 5y ago

MUNICH/LONDON (Reuters) – Shares in Europe’s insurers fell sharply on Friday after the EU regulator said they should temporarily halt payouts to shareholders during the coronavirus epidemic, although Germany backed Allianz’s decision to go ahead with a dividen... More »

With over a million coronavirus cases, economic freefall looms

Published 5y ago

BEIJING/NEW YORK (Reuters) – Global cases of the new coronavirus have shot past 1 million with more than 53,000 fatalities, a Reuters tally showed on Friday, as death tolls soared in the United States and western Europe while the world economy nosedived. In th... More »

Do social distancing better, White House doctor tells Americans. Trump objects

Published 5y ago

WASHINGTON (Reuters) – Dr. Deborah Birx, the coordinator of the White House task force on the coronavirus, had a message for Americans on Thursday: do better at social distancing. President Donald Trump didn’t like the message. At what has become a daily brief... More »

Europe’s north-south lockdown divide revealed by Google data

Published 5y ago

BERLIN (Reuters) – Italy and Spain, the two European countries hardest hit by the new coronavirus, have enforced the most drastic lockdowns to curb the pandemic but one country, Sweden, stands out for allowing life to go on much as before, Google data show. An... More »

Google data shines light on whether coronavirus lockdowns worldwide are working

Published 5y ago

OAKLAND, California (Reuters) – Alphabet Inc’s (GOOGL.O) Google has published charts showing how the coronavirus has brought hard-hit Italy to a standstill, led to runs on grocery stores around the world and prompted a stark drop in going-out between Mardi Gra... More »

Factbox: Google location data shows slump in trips to malls, offices

Published 5y ago

(Reuters) – Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments issued stay-at-home orders to rein in the spread of COVID-19. Here is a list of countries in alphab... More »

Global coronavirus cases surpass one million

Published 5y ago

(Reuters) – Global coronavirus cases surpassed 1 million on Thursday with more than 52,000 deaths as the pandemic further exploded in the United States and the death toll climbed in Spain and Italy, according to a Reuters tally of official data. Italy had the ... More »

Explainer: Euro zone eyes package to support economy against coronavirus

Published 5y ago

BRUSSELS (Reuters) – With the euro zone economy in need of help from the coronavirus pandemic, officials have until April 9 to design a package that satisfies members with completely opposing views: those calling for joint debt issuance and those fiercely agai... More »

#Italy

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