Chicago bid team reaffirms support of President Barack Obama for 2016 OlympicsMILAN — The leaders of Chicago’s 2016 Olympic effort promised unprecedented political support for their bid, once again underlining the backing of President Barack Obama. Serie A clubs set to split from other divisions, form Italy’s answer to Premier LeagueMILAN — Italy’s Serie A clubs plan to break away from the second-tier Serie B and create their own independent top flight, similar to England’s Premier League. Source says Fiat still wants deal even if Chrysler forced into bankruptcy protectionMILAN — Fiat still wants to pursue an alliance with Chrysler if the U.S. automaker is forced to file Chapter 11 bankruptcy protection from creditors, a source close to the Turin-based automaker said Monday. Inter Milan cancel Adriano’s contractMILAN - Inter Milan Friday rescinded the contract of Adriano after the Brazil striker recently failed to return from international duty. Italy’s largest energy company Eni says 1Q profit down 43 percent on lower oil prices, demandMILAN — Italy’s largest energy company, Eni SpA, says first quarter earnings dropped 43 percent due to the sharp reduction in oil prices and European demand for gas. Fiat CEO says Italian automaker will not commit cash in deal for 20-percent Chrysler stakeMILAN — Fiat Group CEO Sergio Marchionne on Thursday affirmed the Italian automaker’s “unwavering commitment” to its proposed alliance with Chrysler, but was categorical Fiat won’t put in cash at this stage. Fiat CEO affirms commitment to Chrysler deal, repeats won’t put in cashMILAN — Fiat Group CEO Sergio Marchionne says the Italian automaker has an “unwavering commitment” to its proposed alliance with Chrysler but reiterates Fiat won’t put in cash. Fiat posts $531M 1Q loss; Report: Fiat in talks to take majority stake in GM’s Adam OpelMILAN, Italy — Fiat Group SPA, which is in the final stretch of talks to take a possible minority stake in the U.S. automaker Chrysler, on Thursday reported its first quarterly loss since the turnaround engineered by CEO Sergio Marchionne, as sales of autos plummeted due to the global economic crisis. Fiat reports $410 million ($531 million) loss in 1st qtr with volumes down in all businessesMILAN, Italy — Fiat Group SPA, which is in the final stretch of talks to take a possible minority stake in the U.S. automaker Chrysler, says it made a first-quarter loss of euro410 million ($530.83 million) as sales of autos plummeted due to the global economic crisis. Fiat reports $410 million ($531 million) in 1Q losses with volumes down in all businessesMILAN, Italy — Fiat Group SPA, which is in the final stretch of talks to take a possible minority stake in the U.S. automaker Chrysler, says it made a first-quarter loss of euro410 million ($530.83 million) as sales of autos plummeted due to the global economic crisis. Italian judge to rule in May whether to continue with CIA trialMILAN — A judge will decide next month whether to continue with the politically-sensitive trial of 26 Americans and seven Italians accused in the alleged kidnapping of an Egyptian terror suspect after the high court threw out key evidence deemed classified. The premier has no clothes: Berlusconi appears half-naked in work by Italian artistROME — The premier has no clothes. Milan held at home by RomaMILAN - Serie A leaders Inter Milan had to thank a Mario Balotelli brace as they rallied to salvage a 3-3 draw against tough visitors Roma in a thrilling game at the Giuseppe Meazza stadium. Cavalli show cancelled at the Milan Fashion weekMILAN - Italian designer Roberto Cavalli has cancelled his catwalk show for his label Just Cavalli at the Milan Fashion Week (MFW) after its distributor Ittierre filed for bankruptcy. Manchester United dominate Inter Milan in goalless drawMILAN - The first half was a nightmare for Inter Milan fans who had believed in Jose Mourinho’s optimism that his side was going to have the better of Manchester United. |
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