Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy's financial sector that is currently under way. BATTLES IN GENERALI AND MEDIOBANCA Caltagirone last year expanded his investments in Italy's financial sector and is now a key shareholder in bailed-out bank Monte dei Paschi di Siena (MPS) and fund manager Anima Holding.

CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy's Treasury picked him out to revive the fortunes of the world's oldest bank, five years after bailing it out.

Italian defence and aerospace group Leonardo is about to enter into a partnership with Turkish drone maker Baykar for unmanned systems, a source familiar with the matter said on Friday.

The government attributed the release to procedural reasons. But critics say it is because Italy depends on Libya to stem the flow of migrants from Africa.

Italy is a travel favorite but ever wondered if you could move there? Find out about €1 houses, visas, the cost of living and what it means to be wealthy in Italy.

Italian bank Monte dei Paschi di Siena (MPS)'s all-share buyout offer for Mediobanca on Friday is the latest surprise twist of an increasingly complex banking saga. Long-awaited Italian banking consolidation has taken off in recent months,

Italian opposition lawmakers and human rights groups are voicing outrage after Italy released a Libyan warlord wanted by the International Criminal Court.

Many rural Italian towns are offering properties for 1 euro in an effort to revitalize their communities. Host Lisa Mullins talks with Rubia Andrade Daniels, a person who bought three 1 euro houses in 2019, about her experiences.

C onflicting SIGNALS are reaching the new American administration from Rome. And some carry a whiff of incense. While Italy’s prime minister, Giorgia Meloni, was preparing to fly to Washington to schmooze President Donald Trump and his chums, a leader on the other side of the Tiber was communicating stark disapproval of their plans.

The top-ranked defending champ will face No. 2 Alexander Zverev in the championship after rallying to win the first set and oust the 22-year-old American

In another development, David Knezevich’s brother and his family were stopped at Miami International Airport after their trip to Spain and Portugal.