Former Italian Prime Minister Silvio Berlusconi had his one-year prison sentence commuted to community service caring for the elderly.
Credito Emiliano SpA, the largest Italian bank to use parmesan cheese as collateral for loans, expects revenue to exceed 1 billion euros ($1.4 billion) this year on higher income from fees.
Wines from the 1990 vintage of Burgundy’s Romanee-Conti vineyards led bidding at sales at Bonhams in London and Wally’s Auctions in New York in the past two weeks amid demand for older bottles from the region.
KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, is facing a loss on its first investment in Turkey, three people with knowledge of the matter said.
Hart Davis Hart Wine Co. sold a total $5.05 million at a two-day wine auction in Chicago that ended March 22, the company said in an e-mailed statement.
Vodafone Group Plc’s $25 billion of cable acquisitions in Germany and Spain leaves one major European market where it needs more competitive landline offerings: Italy.
Take a petite Italian Fiat 500, add some American off-road ruggedness and you get the Jeep Renegade, the street-ready symbol of Fiat Chrysler Automobiles NV.
Alitalia SpA said in a statement late yesterday that flights in northern Italy will resume this morning at 8 a.m. local time.
Allianz SE is struggling to buy properties as competition from sovereign-wealth funds and other insurers drives up prices.
Asked to describe the brand Maserati, most people would use words like Italian, expensive and exotic.