Italian banks' recapitalization plans in turmoil as Renzi bows out

Dec 6, 2016

Italian banks' recapitalization plans in turmoil as Renzi bows out

The fate of key Italian banks was up in the air Monday as investors feared that Prime Minister Matteo Renzi’s resignation would threaten their recapitalization plans. Concern focused on Italy’s third-biggest bank, Monte dei Paschi di Siena (BMPS), which analysts said is one of ...

World's oldest living person celebrates 117th birthday

Nov 30, 2016

World's oldest living person celebrates 117th birthday

Italy’s Emma Morano, the world’s oldest living person, marked her 117th birthday Tuesday, blowing out all the candles on her cake. Beaming at the attention, Morano took in the festivities for her milestone celebration sitting in an armchair in her one-room apartment in the ...

Libya rescues 115 migrants off Tripoli; one drowns

Nov 7, 2016

Libya rescues 115 migrants off Tripoli; one drowns

Libya’s coast guard said it rescued 115 migrants on Sunday who had been aboard a rubber boat that broke down off Tripoli, and that one migrant had drowned. The migrants “were on a rubber boat that broke down northwest of Khoms,” some 100 km ...