Italy News
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Fiat SpA isn’t closer to reaching an agreement with a United Auto Workers retiree health-care trust over the Italian carmaker’s Chrysler Group LLC unit in the U.S., Chief Executive Officer Sergio Marchionne said today.
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UniCredit SpA, Italy’s biggest bank, offered to purchase Bank Gospodarki Zywnosciowej SA, the Polish unit of Rabobank Groep, said Chief Executive Officer Federico Ghizzoni.
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Prime Minister Enrico Letta broke Silvio Berlusconi’s grip on power in Italy just when the billionaire ex-premier needed it most.
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A boat carrying immigrants capsized near the island of Lampedusa, south of Sicily, killing 93 people, Italian Deputy Prime Minister Angelino Alfano said at a televised press conference.
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