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Five-year Italian bonds drop to all-time low
Thursday, January 30TH, 2014 by admin
(ANSA) - Rome, January 30 - The interest rate on five-year Italian State bonds fell to an all-time low at auction on Thursday. The Treasury sold four billion euros' worth of BTP bonds set to mature in May 2019 at an average interest rate of 2.43%, compared to 2.71% at an auction in December. It also sold three billion euros worth of 10-year BTPs, with the interest rate dropping back below 4%, at 3.81%, after going for an average of 4.11% at a December sale.
(ANSA) - Florence, January 30 - Judges in a Florence court on Thursday gathered to decide whether American Amanda Knox and her Italian ex-boyfriend Raffaele Sollecito are guilty of the 2007 murder of British exchange student Meredith Kercher in Perugia. The head of the panel of judges said the verdict will not be announced until after 17:00 Italian time. Prosecutors have requested a 26-year prison term for Sollecito and 30 years for Knox. Thursday's decision will be the fourth ruling by an Italian court on the case. Both Sollecito and Knox served a total of four years in prison,...
(ANSA) - Milan, January 29 - Nerves reigned supreme on Wednesday on the Milan bourse, but at the end of trading stocks were only in slight decline, in line with other European exchanges. The FTSE-Mib closed down by 0.57% at 19,337 points and the FTSE All Share by 0.54% at 20,545. The session proved a negative one for Fiat, which ended the day down by 4.11% at 7.23 euros. Banks shored up the listings, with BPM up by 1.2%, Mediobanca by 2%, UBI by 3% and Saipem by 3.5%. At the European level, Madrid ended the day with its index IBEX 35 up by 1.24% to 9,879.1 points, while Frankfurt's DAX...
(ANSA) - Perugia, January 29 - Raffaele Sollecito will appear in a Florence court to await a possible new sentence in a trial for the 2007 death of British student Meredith Kercher, Sollecito's father told ANSA on Wednesday. The Florence court is expected to rule Thursday on accusations of murder against Sollecito and his American ex-girlfriend Amanda Knox, marking their fourth verdict concerning the November 2007 stabbing death of Knox's roommate while they were students in the medieval city of Perugia. "I asked him to accompany me, and so we will be in the courtroom," Francesco Sollecito...
New Fiat-Chrysler logo FCA
Wednesday, January 29TH, 2014 by admin
(see previous). (ANSA) - Turin, January 29 - The new Fiat Chrysler Automobiles group will have FCA in its logo, the Italian-American carmaker said Wednesday. The long-awaited announcement of the new group, based in the Netherlands with a tax base in the UK and listings coming up in New York and Milan, was greeted with a 6% loss on the MIlan bourse.
(ANSA) - Rome, January 29 - A Moroccan minister has denied reports he said Karima 'Ruby' El Mahroug was not under-age when ex-premier Silvio Berlusconi paid to have sex with her. "I don't know Ruby's birth date, I don't know Karima and I don't know when she met Berlusconi, so if she was an adult or a minor," Civil Service Minister Mohamed Moubdii told Italian radio Tuesday. Three-time premier Berlusconi is appealing against a seven-year prison sentence he was handed last year for paying for sex with Ruby, before she was 18, between February and May 2010 and for abusing his office to try to...
Interest rate drops on six-month Italian bond
Wednesday, January 29TH, 2014 by admin
(ANSA) - Milan, January 29 - The interest rate on six-month Italian State bonds fell significantly at a Treasury auction on Wednesday. The Treasury sold eight billion euros' worth of BOT bonds set to mature at the end of July at an average interest rate of 0.59%, down from 0.827% in December.
(ANSA) - Rome, January 29 - Business confidence in Italy rose to its highest level this month since late in 2011, Istat said Wednesday. The national statistics agency said its business-confidence index climbed to 86.8 points this month from 83.8 in December. The optimism is linked to signs the country has emerged from its longest recession since World War II. Gross domestics product was flat in the third quarter of last year after eight consecutive quarters of negative growth and it was forecast to return to positive growth in the last three months of 2013. In 2014 Italy is expected to...
(ANSA) - Monza, January 28 - Ex-premier Silvio Berlusconi moved close to completing his divorcing from his second wife Veronica Lario when a court in the northern city of Monza held what should have been the conclusive hearing on Tuesday, ANSA sources said. A judge is now expected to declare the marriage officially over within 80 days. Berlusconi, 77, is engaged to Naples-born Francesca Pascale, a woman almost 50 years his junior, and he announced in 2012 that he intends to wed for the third time. Lario left Berlusconi after he attended the 18th birthday party of an aspiring starlet and...
(ANSA) - Palermo, January 28 - A teacher in Sicily has been suspended for allegedly slapping and humiliating elementary school-age students he considered "unruly," while encouraging other youngsters to join in the mocking. An investigation, triggered by an angry parent, has heard that students were sometimes slapped so hard that the teacher's ring left a mark on the child's skin. Other times, students were forced to stand in front the class, facing a wall or the blackboard, while others jeered, as a form of punishment. The teacher, at an elementary school in the town of Palazzo Adriano...

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