Fiat SpA Chief Executive Officer Sergio Marchionne may introduce new models next year, including a Lancia Ypsilon subcompact, to boost European sales, Corriere della Sera reported, without saying how it got the information.
European Central Bank President Jean-Claude Trichet said “now is the time” for euro-area governments to act to tackle the single-currency area’s debt crisis, Corriere della Sera reported, citing an interview.
Venice Mayor Giorgio Orsoni was arrested in an investigation tied to the financing of a 5.5 billion-euro ($7.5 billion) flood-prevention system, a probe that touches two of Italy’s biggest political parties.
Pope Francis said he exchanged letters with Chinese President Xi Jinping a year ago and that the Vatican has relations with the Asian nation, according to an interview with newspaper Corriere Della Sera.
UniCredit Chief Executive Officer Alessandro Profumo resigned today, Corriere della Sera reported, without saying where it got the information. A spokeswoman for the bank said she couldn't confirm or deny the report.