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Ryanair has pledged to refund Italian customers who in 2021-2023 filed a complaint about a €55 surcharge, and pay back €15 or give a €20 voucher to all passengers who paid the fee during the period

Italian regulator drops Ryanair case after refund pledge

Italy's antitrust authority (AGCM) has dropped a case against Ryanair after the low-cost airline committed to refund more than €1.5m to customers who incurred in extra check-in costs.

Business • 14 Nov 24

Lufthansa Group has submitted a package of remedies to the European Commission needed to secure EU antitrust approval to take a minority stake in Italy's ITA Airways

Lufthansa nears deal to buy Italy's ITA Airways

Germany's Lufthansa Group said it had submitted a package of remedies to the European Commission needed to secure EU antitrust approval to take a minority stake in Italy's ITA Airways, bringing it a step closer to closing the deal.

Business • 12 Nov 24

Trenitalia said the train had to take a slower route due to maintenance on the usual line

Train in Italy leaves early to arrive on time

Passengers of an high-speed train in Italy were left stranded after it departed almost one hour early - so it could arrive on time, the operator has acknowledged.

News Lens • 11 Nov 24

Stellantis to halt production at Mirafiori for longer

Carmaker Stellantis will once again halt car production in December at its Mirafiori plant in Turin, for at least another month, daily MF reported today, citing two sources.

Business • 08 Nov 24

Monte dei Paschi has begun benefitting from deferred tax assets (DTAs) accumulated during years of steep losses

Monte dei Paschi posts stronger than expected Q3 profits

Italian bank Monte dei Paschi di Siena has today reported a larger than expected 31% yearly rise in profit for the third quarter of the year, as income from its lending business performed strongly in the period.

Business • 08 Nov 24

Ferrari said its shipments declined 2% to 3,383 units in the third quarter, with a 29% decrease in China

Ferrari's core profit rises 7%, helped by product mix

A richer model lineup and increased demand for personalisation continued to support growth at Ferrari, which today reported a 7% core earnings increase in the third quarter, despite a slight drop in car shipments.

Business • 05 Nov 24

Stellantis CEO Carlos Tavares at the Paris car show earlier this year

Stellantis revenues slide as it cuts bloated inventories

Reduced shipments and lower pricing power slashed Stellantis revenue by 27% in the third quarter, the car maker said today as it seeks to fix bloated inventories and poor commercial performance that led to a major profit warning last month.

Business • 31 Oct 24

The bill makes Italians who seek surrogacy in other countries liable for prosecution on their return home

Italy extends surrogacy ban to couples seeking it abroad

Italian politicians have passed into law a bill to extend the country's ban on surrogacy to couples who seek it abroad, despite warnings the move would damage children's rights.

Europe • 16 Oct 24

Fiat owner Stellantis is facing industry-wide challenges such as low demand for more expensive EVs and competition from China

Stellantis set to pause more production in Italy

Stellantis will next month suspend activities at some assembly and engine plants in Italy, including for the Fiat Panda city car, in response to tough market conditions, the car maker said today.

Business • 16 Oct 24

The 16 men were brought to Albania on an Italian navy vessel

Italian navy brings first migrants to Albania centre

A navy boat carrying migrants intercepted in Italian waters has docked at Shengjin port in Albania, the first arrivals under a new deal between Italy and Albania.

World • 16 Oct 24

Italian police officers outside the fence of a recently build Italian-run migrant centre at the port of Shengjin, Albania

Italian PM defends Albania migrant deal as 'courageous'

Italian Prime Minister Giorgia Meloni has brushed aside criticism of a deal to send migrants for processing in Albania, a European first which other European leaders are watching closely.

World • 15 Oct 24

Stellantis issues profit warning, cites global markets

Stellantis has today slashed its annual forecasts and said it would burn through more cash than expected, citing worsening trends in the industry, higher costs to overhaul its US business and Chinese competition on electric vehicles.

Business • 30 Sep 24

Italy's antitrust agency has launched a probe into a Dublin-based company that manages the Italian website of online clothing retailer Shein

Italy opens probe into Shein over environmental claims

Italy's antitrust agency has launched an investigation into a Dublin-based company that manages the Italian website of online clothing retailer Shein over possible misleading environmental claims on the site.

Business • 25 Sep 24

UniCredit said it had filed a request to the European banking supervisor for permission to build up a holding of up to 29.9% in Germany's Commerzbank

UniCredit uses derivatives to get 21% Commerzbank stake

Italy's UniCredit has defied Germany's defence of Commerzbank by using derivative contracts today to raise its potential stake in the German lender to near 21%, while waiting for regulatory approval to go above 9.9%.

Business • 23 Sep 24

UniCredit is now the single largest private investor in Commerzbank after spending €1.5 billion to buy 9% of the German rival

Italy in favour of UniCredit-Commerzbank deal if HQ stays

Italy's government views favourably UniCredit's efforts to build a large European banking group through a merger with Germany's Commerzbank as long as the Milanese bank keeps its central functions in Italy, sources close to the matter said.

Business • 19 Sep 24

A road sign almost submerged in floodwater in Krippen, eastern Germany

Italy on alert after 22 die in central Europe floods

Italy is the next country to face adverse weather that has affected much of central and eastern Europe, claiming at least 22 lives.

World • 17 Sep 24

Rachele Mussolin said she was moving to the group of the more centrist Forza Italia

Mussolini's granddaughter quits Meloni's party

The granddaughter of Italy's wartime dictator Benito Mussolini said she was leaving Prime Minister Giorgia Meloni's Brothers of Italy party because it was too right wing, after recently taking issue with its stance on minority rights.

World • 12 Sep 24

A body was removed from the water near the village of Portu Maga

Irish woman drowns off Italian coast

An Irish woman has drowned off the coast of Sardinia in Italy.

Ireland • 12 Sep 24

The arch, built in 315, was struck during a sudden storm in Rome

Rome's ancient Arch of Constantine damaged by lightning

Rome's ancient Arch of Constantine was hit by lightning during a heavy storm, causing some fragments to fall off, an official said.

World • 04 Sep 24

Recovery operations were carried out in the aftermath of the sinking

Captain, two crew under investigation over yacht sinking

The investigation into the deadly sinking of a UK tech tycoon's superyacht off Sicily has widened to include two more crew members in addition to the captain, Italian media has reported.

World • 28 Aug 24

Rescue teams at the site of the shipwreck last week

Sicily yacht captain facing investigation - source

Italian prosecutors will investigate the captain of the superyacht belonging to British tech magnate Mike Lynch that sank off Sicily last week during an intense storm, Italian media reports said today.

Europe • 26 Aug 24

Divers recovered all of the missing bodies from the wreck of the yacht in a major operation this week

Manslaughter probe launched over sinking of Sicily yacht

Italian prosecutors have opened a manslaughter investigation over the sinking of the superyacht Bayesian, which killed seven people, a senior investigator has said.

World • 24 Aug 24

Four bodies were retrieved from the wreck by divers yesterday

Divers search for final victim of Sicily shipwreck

The body of UK tech tycoon Mike Lynch has been recovered from his sunken yacht off Sicily, as the search continued for the last of the six people missing.

World • 22 Aug 24

Divers on a vessel at the scene of the search operation

Five bodies found on sunken yacht off Italian coast

Five bodies have been found inside the wreck of a luxury yacht that sank in a storm off the Italian island of Sicily, but one person remains missing, according to officials.

World • 22 Aug 24

The survivors managed to climb into a life raft after the yacht capsized

What is fate of 22 people aboard capsized yacht?

The British-flagged luxury yacht The Bayesian capsized early yesterday morning off the coast of southern Sicily with 22 people aboard.

World • 20 Aug 24