Rome News
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Updated 12 minutes ago
Royal Dutch Shell Plc’s $1.6 billion bid for Cove Energy Plc starts a race to develop natural-gas fields off Mozambique’s Indian Ocean coast that may hold more gas than Norway’s entire reserves.
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Enel SA signed a 3.2 billion-euro ($4.2 billion) loan to refinance debt, exceeding the Italian power company’s original target by more than 1 billion euros, according to a person familiar with the transaction.
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OAO Aeroflot and Alitalia SpA will lose their monopoly on flights between Russia and Italy after the countries agreed to allow in two more carriers, Vedomosti reported, citing a Russian transport ministry official.
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Rice stockpiles are poised to reach the biggest in almost a decade as record harvests boost supplies and imports decline for the first time in three years.
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Following is a summary of weekly average fruit producer prices from the Istituto di Servizi per il Mercato Agricolo Alimentare in Rome:
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Following is a summary of weekly average vegetables producer prices from the Istituto di Servizi per il Mercato Agricolo Alimentare in Rome:
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Italian Foreign Minister Giulio Terzi invited Moroccan Foreign Minister Saad-Eddine El Othmani to visit Italy in the “coming months” to tackle the most pressing bilateral issues and to promote the strengthening of economic and trade relations between the two countries through the organization of “road shows” in both nations, the Italian foreign ministry said in an e-mailed statement today.
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In a country that for almost a decade was led by a man who publicly referred to his passion for female conquests, Italy is now relying on three women to help overcome the European debt crisis.
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Italy’s jobless rate must start falling before planned changes in unemployment benefits are introduced, said Emma Marcegaglia, head of employers’ lobby Confindustria.
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Maria Cannata, Italy’s director of public debt, said investors have regained confidence in Italy.
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