The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...
Gavin Brown 27 Jun 2019
MILAN, ITALY: Telecom Italia reported a first-half net profit of €543m but said a weak domestic market was offsetting positive results from its Brazilian business.
7 Aug 2014
MILAN, ITALY: Emirates airline Etihad Airways is to buy 49% of Alitalia, the two companies said after concluding months of tough negotiations, following years of financial crises at the Italian airline.
26 Jun 2014
MILAN, ITALY: Italian car company Fiat announced on Wednesday (29 January) it was changing its name to Fiat Chrysler Automobiles (FCA) after completing the purchase of US car manufacturer in a move that Fiat chairman John Elkann said "heralded a new chapter".
30 Jan 2014
ROME, ITALY: Shares in Italian car giant Fiat rose sharply after it announced it would take full control of Chrysler in an historic US$3.65bn deal.
3 Jan 2014
MILAN, ITALY: Versace is seeking a minority investor and a spokesman at the Italian fashion house says about €250m could be pumped into the luxury brand if the right investor is found.
19 Sep 2013
MILAN, ITALY: Italy's luxury fashion brand Prada said on Tuesday (17 September) that its net profit rose by 7.6% in the first half of its fiscal year to €308.2 m and expressed confidence for the future despite an uncertain international economic outlook.
18 Sep 2013
MILAN, ITALY: Italian car company Fiat reported a huge increase in second-quarter profits on Tuesday (30 July) but its share price fell sharply after US partner Chrysler revised down its 2013 financial targets
31 Jul 2013
ROME, ITALY: The UN's food agency on Tuesday (4 June) said obesity and poor nutrition weigh heavily on the global economy and told governments that investing in food health would bring big economic as well as social returns.
5 Jun 2013
ROME, ITALY: Italian private equity fund Investindustrial has bought a 37.5% stake in British car manufacturer Aston Martin for £150m, the companies said in a joint statement on Friday (7 December).
10 Dec 2012
LONDON, UK: comScore, Inc, a leader in measuring the digital world, today released data from the comScore MobiLens service which showed that 20 million mobile users across the five leading European markets (UK, France, Spain, Germany and Italy), representing 8.5% of mobile subscribers in these markets, accessed their bank account via a mobile phone in March 2011.
27 May 2011