Saturday 23 July 2016
 
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Italy

Italy eyes $1.1bn Iran high-speed rail deal

Italy's state railways company expects to sign a contract to build the first stretch of a high-speed rail line in Iran in February 2017, its chief executive said. The contract for the roughly 100 km-stretch between Qom and Ara

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Italy eyes $1.1bn Iran high-speed rail deal

Italy's state railways company expects to sign a contract to build the first stretch of a high-speed rail line in Iran in February 2017, its chief executive said. The contract for the roughly 100 km-stretch between Qom and Ara

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25 dead, dozens injured in Italy train crash

At least 25 people died and dozens were injured on Tuesday when two passenger trains collided head-on at high speed in southern Italy, sending debris flying into surrounding olive groves. Three carriages were torn apart by the vio

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Italy's Rimorchiatori Augusta orders Damen tug

Italy-based Rimorchiatori Augusta and Damen Shipyards Group have recently signed a contract for an ASD 2810 tug for operations in the Sicilian port of Augusta, Italy. It is a new venture for the Rimorchiatori Riuniti group and thi

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ArcelorMittal in bid for Italian steel maker

World number-one steelmaker ArcelorMittal confirmed that it has submitted a bid to acquire Italian integrated steel company Ilva in partnership with Marcegaglia, the country’s major re-roller. The company specified that it i

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ArcelorMittal in bid for Italian steel maker

World number-one steelmaker ArcelorMittal confirmed that it has submitted a bid to acquire Italian integrated steel company Ilva in partnership with Marcegaglia, the country’s major re-roller. The company specified that it i

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Midea Group to buy key stake in Italian AC firm

Midea Group Company, China’s biggest appliance manufacturer, signed an agreement to buy an 80 per cent stake in Clivet SpA, an Italian maker of air conditioners. The deal is expected to be completed by the end of the year, p

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Italian investors aim to expand relations with Iran

A group of Italian bankers, investors and entrepreneurs plans to invest and broaden its cooperation with Iran in economic and trade fields, said a report. The offer was made at a conference themed Joint Trade and Investment Ventur

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Rome set to elect first female mayor

The Eternal City has been run by emperors, barbarians, popes and dictators, but never by a woman. That looks set to change in mayoral elections on Sunday with Virginia Raggi from the anti-establishment 5-Star Movement in pole posi

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Qatar, Italy to sign accord for corvette warships

Italy and Qatar will sign an agreement this week in Rome that foresees the Gulf state ordering four corvette warships and a support vessel from state-controlled ship builder Fincantieri, a government source said on Tuesday. The or

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