In a national election meant to push Italy further down a path of economic reform, voters delivered political gridlock that could once again rattle Europe’s financial stability. Markets in Europe and the U.S. gyrated even in response to early returns.
Ikea became the latest outlet to be embroiled in the Europe-wide horsemeat scandal on Monday after traces of the animal were found in a batch of its Swedish meatballs. The furniture retailer has taken the affected batch off the shelves in 13 countries across Europe, including the UK, Sweden and France.
US Defense Secretary Leon E. Panetta took a break Wednesday from war planning and leading the world’s most powerful military to pay his respects to Pope Benedict XVI, a champion of peace. Panetta, an observant Catholic who proudly wears his Italian American heritage on his sleeve
Legendary Ferrari designer Sergio Pininfarina has died, ending several decades of iconic car design that produced beauties such as the Dino and the 275. Pininfarina passed on Tuesday aged 85, it’s reported, having begun his career as a mechanical engineer
KIEV, Ukraine – Just like clockwork, Spain’s “tiki taka” passing game tore Italy apart. The World Cup champions controlled the play Sunday in the European Championship final, as they usually do. They moved the ball up the field with short pass after short pass, as they usually do.
At least nine people are reported dead in a magnitude 5.8 earthquake that struck the same area of northern Italy stricken by another fatal tremor on May 20. Premier Mario Monti pledged in a hastily called news conference two hours after the quake that the government will do “all that it must and all that […]
A magnitude-6.0 earthquake shook several small towns in northeast Italy Sunday, killing four people, knocking down a clock tower and other centuries-old buildings and causing millions in losses to the region known for making Parmesan cheese.
A bomb exploded on Saturday outside an Italian high school named after the wife of an assassinated anti-Mafia prosecutor, killing one student and wounding at least seven others, officials said.
The American University of Beirut recently announced it has partnered with researchers from the Lebanese Association for Energy Savings and for Environment (ALMEE) and researchers from Cyprus, Greece, Italy, Malta and Egypt to study the possibility of producing algae-based biodiesel.
Standard & Poor’s downgraded the credit ratings of nine euro zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday 13th for the troubled single currency area.