Explore

Thieves pull off Italy's biggest-ever wine heist, stealing 30,000 bottles worth 5 million euros

Thieves pull off Italy's biggest-ever wine heist, stealing 30,000 bottles worth 5 million euros

Thieves have stolen about 30,000 bottles of premium wine worth an estimated 5 million euros from a Marchesi Antinori winery in Tuscany in what the company says is the largest wine theft in Italy’s history

Italy’s parliament gives final approval to Meloni’s electoral reform

Italy’s parliament gives final approval to Meloni’s electoral reform

Italy’s parliament has given its final approval to a sweeping overhaul of the country’s electoral system, handing Prime Minister Giorgia Meloni a major political victory while setting up a likely constitutional challenge

Axiom Space Partners with Exobiosphere for Drug Discovery in Space, Expands International Space Missions

Axiom Space Partners with Exobiosphere for Drug Discovery in Space, Expands International Space Missions

Axiom Space has announced a collaboration with Exobiosphere, a company focused on drug discovery, to leverage the unique microgravity environment of space for pharmaceutical research. This partnership aims to accelerate the development of new drugs by utilizing the International Space Station (ISS) as a research platform. Concurrently, Axiom Space continues to expand its private astronaut missions to the ISS, notably with the participation of Türkiye's first astronaut, Alper Gezeravci, on Axiom Mission 3. This mission underscores the growing international interest and cooperation in space exploration, with Türkiye and Italy actively collaborating in this domain. Axiom Space is also progressing with its ambitious plans to construct its own commercial space station, a significant step towards establishing a sustainable space economy before the anticipated retirement of the ISS. This initiative positions Axiom Space as a key player in the burgeoning private space sector, contributing to the broader competitio...

EU exec rejects Greek, Italian requests for more fiscal rules flexibility

EU exec rejects Greek, Italian requests for more fiscal rules flexibility

BRUSSELS, Oct 8 (Reuters) - The European Commission pushed back on Thursday against Italian and Greek requests to grant euro zone governments more fiscal leeway related to higher inflation caused by energy prices and support measures to cushion them, saying rules could not be changed all the time.

Dollar dips as European yields pull back from highs

Dollar dips as European yields pull back from highs

By Chuck Mikolajczak NEW YORK, Oct 8 (Reuters) - The dollar declined on Thursday as a rise in euro zone bond yields cooled, while expectations for the path of interest rates from the Federal Reserve this year remained largely intact.

Workers allegedly exploited while building new US consulate in Milan sign deal for record payout

Workers allegedly exploited while building new US consulate in Milan sign deal for record payout

Foreign workers building the new U.S. consulate in Milan have signed agreements securing payouts for alleged labor abuses

Workers who said they were exploited while building US consulate in Milan agree to record payout

Workers who said they were exploited while building US consulate in Milan agree to record payout

Foreign workers building the new U.S. consulate in Milan have signed agreements securing payouts for alleged labor abuses

Italy launches EU-backed probe into Microsoft-owned gaming companies

Italy launches EU-backed probe into Microsoft-owned gaming companies

Oct 8 (Reuters) - Italy's antitrust authority said on Thursday it had launched a probe into several Microsoft-owned video-game makers over their use of virtual currencies.

Dollar eases as European yields pull back from highs

Dollar eases as European yields pull back from highs

By Chuck Mikolajczak NEW YORK, Oct 8 (Reuters) - The dollar retreated on Thursday as a rise in euro zone bond yields stalled, while expectations for the path of interest rates from the Federal Reserve this year remained largely intact.

NATO presses ahead with 'Steadfast Noon' nuclear drill after Russia's nuclear warning

NATO presses ahead with 'Steadfast Noon' nuclear drill after Russia's nuclear warning

NATO is starting its major annual nuclear exercise, "Steadfast Noon," on Tuesday

Analysis-Europe's woes give dollar bulls fresh reason to press on

Analysis-Europe's woes give dollar bulls fresh reason to press on

By Laura Matthews and Saqib Iqbal Ahmed NEW YORK, Oct 8 (Reuters) - The US dollar has surged to an 18-month high this fall, with the latest gains driven by uncertainty across the Atlantic that is emboldening some investors to bet on further dollar appreciation.

Italy's tax evasion above expected and rising, Treasury report shows

Italy's tax evasion above expected and rising, Treasury report shows

By Giuseppe Fonte ROME, Oct 6 (Reuters) - Italy's tax evasion is higher than previously estimated and on an upwards trend, new government data shows, raising questions about Rome's ability to tackle a chronic problem as it seeks to keep its strained public finances in check.