The government attributed the release to procedural reasons. But critics say it is because Italy depends on Libya to stem the flow of migrants from Africa.

Italy’s Banca Monte dei Paschi di Siena launched an 13.3 billion-euro ($13.86 billion) offer to buy peer Mediobanca Banca di Credito Finanziario, the latest sign of dealmaking appetite among European banks.

Under founder Enrico Cuccia, Mediobanca pulled the strings of Italian post-war finance. Now it is under siege, with former bailout victim Banca Monte dei Paschi di Siena on Friday launching a hostile,

Italian bank Monte dei Paschi di Siena (MPS)'s all-share buyout offer for Mediobanca on Friday is the latest surprise twist of an increasingly complex banking saga. Long-awaited Italian banking consolidation has taken off in recent months,

Many rural Italian towns are offering properties for 1 euro in an effort to revitalize their communities. Host Lisa Mullins talks with Rubia Andrade Daniels, a person who bought three 1 euro houses in 2019, about her experiences.

Bailed-out lender Monte dei Paschi di Siena (MPS) launched on Friday a 13.3 billion euro ($13.9 billion) all-share buyout offer for Mediobanca , in the latest surprise twist of a complex Italian banking saga.

Italian opposition lawmakers and human rights groups are voicing outrage after Italy released a Libyan warlord wanted by the International Criminal Court.

C onflicting SIGNALS are reaching the new American administration from Rome. And some carry a whiff of incense. While Italy’s prime minister, Giorgia Meloni, was preparing to fly to Washington to schmooze President Donald Trump and his chums, a leader on the other side of the Tiber was communicating stark disapproval of their plans.

Italian media reports and a Libyan official say police in Turin have arrested a Libyan warlord wanted by the International Criminal Court for alleged war crimes.

Annie Kilner is said to have taken a big step to show a major sign of unity to her on-off husband Kyle Walker ahead of his move to AC Milan following their reunion earlier this month

An American who was convicted and later acquitted of the 2007 murder of her British housemate, Ms. Knox was found guilty of falsely accusing someone else of the crime.