Italy News
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Europe Debt Crisis Is Not Over, May Lead to Closer Fiscal Union, UBS Says
Europe’s debt crisis is “far from over” and the most likely outcome is closer fiscal ties among nations as officials seek to strengthen the region against future disasters, UBS AG analysts said.
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Bulgari Falls in Milan Trading After Quarterly Profit Misses Estimates
Bulgari SpA , the world’s third- largest jeweler, fell as much as 3.6 percent in Milan after reporting second-quarter profit that missed estimates and that it may not meet its full-year gross-margin forecast.
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Berlusconi Acts to Remove Fini From Party in Threat to Government Majority
Italian Prime Minister Silvio Berlusconi took steps to expel Gianfranco Fini from the People of Liberty party they co-founded, a move that may end the premier’s parliamentary majority two years into his term.
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European Stocks Fluctuate; Energy Shares Gain, Offsetting Declines in Food
European stocks fluctuated as investors awaited a report on U.S. gross domestic product for signs about the strength of the world’s largest economy. Asian equities fell and U.S. index futures were little changed.
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