Italy Won't Help Fiat, Official Says
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The Italian government will not inject capital in Fiat SpA to help the struggling carmaker, Italy's labor minister was quoted as saying Saturday.
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Correspondents say the vote reveals the fragility of Mr Prodi's coalition The Italian government has lost a key vote in its upper house of parliament on the country's foreign policy.Comment
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ROME - A diplomatic row has erupted between Italy and the European Parliament after the latter rejected an anti-gay Italian minister as a European commissioner.
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General Motors has reportedly agreed to pay two billion dollars (1.5 billion euros) to the Italian industrial conglomerate Fiat if it will abandon its option to sell Fiat Auto to the US automaker, the RadioCor news agency reported, citing sources close to the affair.
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Italy's public accounts are in &quot;serious&quot; imbalance and corrective measures are needed to prevent the public deficit from skyrocketing above the European Union limit in the coming years, Bank of Italy governor Antonio Fazio said.
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Italy will not bow to the kidnappers of two Italian aid workers in Iraq who are demanding that it withdraw its forces from Iraq, an Italian envoy said today.
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Italian Prime Minister Romano Prodi went into crisis talks over the future of his government Wednesday after it failed to secure a parliamentary vote of support for its foreign policy.
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TURIN/DETROIT  - Fiat FIA.MI and General Motors  GM.N on Sunday dissolved their five-year partnership with the  U.S. auto giant paying the Italian group 1.55 billion euros ($2  billion) in cash to avoid having to buy loss-making Fiat Auto.
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Italian Prime Minister Silvio Berlusconi called upon the European Central Bank on Wednesday to intervene to curb the rising price of the euro against the dollar.
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The CEO of Fiat (FIA.MI: Quote, Profile, Research) believes that exercising an option forcing General Motors (GM.N: Quote, Profile, Research) to buy its loss-mired car unit would probably result in more work for the operation
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Italy's Autogrill denies press reports suggesting it plans to buy Britain's Little Chef.
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A consortium led by the Texas Pacific Group (TPG) investment fund said on Tuesday it was not in a position to make a firm offer to take over Italian air carrier Alitalia.
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Italy's transport minister has refused to take the blame for traffic chaos which has caused misery for hundreds of people stuck on snow-blocked motorways, and has told people to stop complaining.
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Chinese authorities on Saturday again declined to set out a time-table to make their currency more flexible on the world's money markets and said they had not come under international pressure to revalue the yuan.
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Italian opposition leader Silvio  Berlusconi said on Monday he would not support efforts to form  an interim government to overhaul voting rules, making a snap  election appear inevitable.
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Fiat chief executive Sergio Marchionne was expected to insist to GM chairman and chief executive Rick Wagoner that the U.S. company honor a "put option," part of a 2000 deal under which Fiat has the right to ...
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Londra, 16 dic. (Adnkronos) - &#39;&#39;Fiat e&#39; solo un sintomo di una piu&#39; vasta condizione dell&#39;economia in Italia e la conferma di questa verita&#39; &#39;&#39;e&#39; adesso arrivata da Luca Cordero di Montezemolo, che e&#39; a capo sia di Fiat che di Confindustria&#39;&#39;.