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Visit One News Page for Italy news from around the world, aggregated from leading sources including newswires, newspapers and broadcast media. Search millions of archived news headlines. This feed provides the Italy news headlines.

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    MILAN (AP) — Italy's economy minister is backing down on spending plans that would keep the country's deficit at an elevated level for three years.Giovanni Tria said Wednesday in Rome that the deficit to GDP ratio would be gradually... Reported by New Zealand Herald 38 minutes ago.

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    U.S. stock futures rose on Wednesday, buoyed by a rebound in European markets after Italy indicated that it was open to reducing its budget deficits in the coming years. Reported by Reuters 4 minutes ago.

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    Stock markets around the world rose and Italian bonds rallied on Wednesday after signs that Rome would cut budget deficits and decrease its debt in the coming years, while new U.S. jobs data supporting a strong U.S. economy boosted the dollar. Reported by Reuters 5 hours ago.

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    Stock markets around the world rose and Italian bonds rallied on Wednesday after signs that Rome would cut budget deficits and decrease its debt in the coming years, while new U.S. jobs data supporting a strong U.S. economy boosted the dollar. Reported by Reuters India 4 hours ago.

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  • 10/03/18--08:47: Rugani contract talks stall?
  • According to reports in Italy, Daniele Rugani’s new contract talks with Juventus have hit something of a speed bump. The 24 year old has been heavily linked with a switch to Chelsea in recent months, which appears to have pushed forward The Old Lady’s desire to re-sign him. Juventus are in the process of steadily […]

    The post Rugani contract talks stall? appeared first on Soccer News. Reported by SoccerNews.com 5 hours ago.

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    Gold eased on Wednesday after Italy indicated it was open to cutting its budget deficit and debt, soothing investors' nerves and prompting a wider move back into stocks and other riskier assets. Reported by Reuters India 4 hours ago.

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    Juan Martin del Potro beat Russia's Karen Khachanov 6-4 7-6(4) to reach the quarter-finals of the China Open on Wednesday while Grigor Dimitrov lost to unseeded Dusan Lajovic 6-4 2-6 6-4.

    Victory meant US Open finalist Del Potro has sealed qualification for next month's season-ending ATP Finals in London, joining Rafael Nadal, Novak Djokovic and Roger Federer.

    After cruising in the first set, Argentina's Del Potro faced a stern test in the next as Khachanov began to find his rhythm.

    The Russian looked set to drag the contest into a decider but world number four Del Potro held his nerve in the tiebreak to close out the victory with an ace on match point.

    Del Potro next takes on Serbia's Filip Krajinovic in the last eight after the Serbian overcame Spaniard Feliciano Lopez 7-6(5) 6-3. Del Potro beat Krajinovic in their only previous meeting in Miami earlier this season.

    Krajinovic's compatriot Lajovic took advantage of Dimitrov's inconsistent serving to knock the world number eight out of the tournament in an hour and 50 minutes.

    "The first set was hard to play because we had a shadow on the court... in the end it was a dog fight," Lajovic said after his second win over a top-10 player.

    The 28-year-old Serbian next meets fifth seed Kyle Edmund after the Briton overcame Italy's Matteo Berrettini 7-5 6-7(2) 7-5 in a tightly contested match lasting nearly three hours.

    Article Type: 
    Report
    Sections: 
    Sports
    Agencies: 
    Reuters
    Tags: 
    Juan Martin Del Potro
    China Open
    Tennis
    Grigor Dimitrov
    Kyle Edmund
    Roger Federer
    Novak Djokovic
    Rafael Nadal
    Beijing
    ATP Finals
    London
    US Open
    Wed, 3 Oct 2018-10:13pm
    Date updated: 
    Wednesday, 3 October 2018 - 10:13pm
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    Reuters
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    From Print Edition: 
    Highlights:  Reported by DNA 2 hours ago.

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    Surviving members of the Jewish Brigade attend ceremony in Israel, relive their mission liberating Italy in the spring of 1945 and aiding Holocaust survivors. ‘I did not think of what I did as heroic’ says one former soldier Reported by Haaretz 4 hours ago.

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    · *Italian budget crisis **continue** to weigh on the shared currency.*
    · *Strong macroeconomic data releases from the U.S. **boost** the demand for USD.*
    · *Retail sales in the euro area decline in August.*

    After staging a technical recovery during the early Asian session Wednesday, the EUR/USD pair came under selling pressure, once again, as the shared currency struggled to find demand amid concerns over the Italian budget crisis and disappointing macroeconomic data releases. After extending its losses toward the critical 1.15 mark in the first half of the NA session, the pair has gone into a consolidation phase and was last seen trading at 1.1520, where it was down 0.22% on a daily basis.

    Today, the Eurostat announced that retail sales contracted by 0.2% on a monthly basis in August. Furthermore, the IHS Markit's non-manufacturing PMI readings for both Germany and the euro area fell short of the market expectations to weigh on the euro. In the meantime, Italy's deputy Prime Minister Luigi Di Maio announced that the government confirmed the 2019 budget deficit target at 2.4%. Responding to this development, European Affairs Minister Pierre Moscovici repeated that Italy's deficit target was risking breaking the EU rules. 

    On the other hand, the data from the U.S. confirmed the underlying strength of the economy. The ADP's monthly report revealed that private sector employment grew by 230K in September following August's 163K growth and the Services PMI figures released by the ISM and the IHS Markit came in above analysts' estimates to suggest health activity in the sector. Below is FXStreet Senior Analysts Joseph Trevisani's assessment of today's data:



    The healthy growth in ADP  employment will keep expectations intact for a robust September employment report on Friday with expectations reaching beyond the 188,000 consensus forecast.    

    The service sector continues to drive the U.S. economy to new heights. Record levels of business optimism combined with the very strong ADP report, point to a further acceleration in the already robust job market in Friday's payroll report.



    With today's data out of the way, markets are now focused on FOMC Chairman Powell's speech later in the session. Meanwhile, the US Dollar Index is up 0.26% on the day at 95.73.

    *Technical levels to consider*

    With a decisive break below 1.1500 (psychological level/100-WMA), the EUR/USD pair could continue to edge lower toward 1.1390 (Aug. 20 low) and 1.1330 (Aug. 14 low). On the upside, resistances are located at 1.1590 (daily high), 1.1640 (100-DMA) and 1.1720 (Sep. 14 high).

      Reported by FXstreet.com 4 hours ago.

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    ISTANBUL, Turkey, Oct. 03, 2018 (GLOBE NEWSWIRE) -- The former President of Afghanistan today delivered a critique on the United States’ track record on fighting terrorism in his country.

    Hamid Karzai told the TRT World Forum in Istanbul: “America’s stated objective of defeating terrorism did not happen. It faltered. The consequences of that failure are tragic for the Afghan people.

    “Massive human loss, 17 years on, every day we have people killed; just yesterday we had 26 people killed in Eastern Afghanistan in an election rally.

    “In consequence, as well as the massive loss of life daily, we have the rise of terrorist and extremist groups. Now we have Al Qaeda, we have Daesh in Afghanistan which is turning out to be a menace for the region.”

    The opening sessions of the *TRT World Forum 2018*, in Istanbul, also highlighted the impact of threats and upheavals, such as Brexit, the Greek financial crisis and the rise of populism as exemplified by the recent election in Italy, on the future of the European Union.

    *Former Italian Minister of Foreign Affairs, Franco Frattini* said, “We see a huge gap between the narrative of Brussels that ‘everything is OK’ and the reality in my country.” He said that “austerity measures have prevented investment” and that “issues regarding immigration have been depicted as isolationist, in turn, giving an explanation for the recent election results.”

    Referring to the UK referendum, *Former Turkish Minister of EU Affairs, Volkan Bozkır *said, “It was just one question, ‘shall we be in or out?’ and nobody actually understood what they would lose, how much it would cost and the prospects for the UK after leaving the EU.”

    The *TRT World Forum 2018, *recognised as one of the most significant political events of the the year, started today in Istanbul with the theme *“Envisioning Peace & Security in a Fragmented World. *

    For more information about the Forum, visit http://researchcentre.trtworld.com/forum/forum-2018

    *For more information contact:*

    *Turkey:*   *UK:*
    *Aslihan Amir, Acting Head of Global Affairs*   *Malcolm Munro, PGC *
         
    *Tel.: +90 212 326 30 0**0 / Ext.: 3229*   *Tel.: +44 (0)20 3143 3595*
    *Mob.: +90 530 069 74** 56*   *Mob.: +44 (0)7795 013 006*
    *Email: corporate.comm@trtworld.com*   *Email: mmunro@pagefieldglobalcounsel.com *
         
    *Website: www.trtworld.com*    
    *Twitter: @trtworld*    
    *Facebook: facebook.com/trtworld *    
    *Instagram: @trtworld*     Reported by GlobeNewswire 3 hours ago.

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    Reported by SeekingAlpha 3 hours ago.

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    · *AUD/JPY is currently trading at 81.55 having made a high of 81.92 and a low of 81.32 as the yen weakens across the board and the DXY tops out at the key 95.70. *
    · *AUD/JPY is commonly known as the FX space's risk barometer that will strengthen in times of improved risk appetite and vice versa. *

    Markets in the US have been positive which has helped in the case for the bulls but the main catalyst was the break of the 114 handle in USD/JPY and broad-based dollar strength yet again - despite a collapse in the Aussie that dropped to the 76.4% fibo target.  

    *Risk Fundamentals*

    There is a fair bit that goes into the fundamentals of the cross currently, from trade wars between the US and China are unlikely to find a resolve at any time in the near future - (The IMF are indeed concerned about the impact of these ongoing trade wars. It may even revise down its forecast for world growth when it updates its World Economic Outlook on October 9th)

    Also, USMCA risk also still factors that the market is still not completely factoring in for it may not even get through Congress this year let alone next, depending on the midterm elections results on 6th November, which in itself is a risk for markets that is lurking just around the corner). 

    Add European politics such as Brexit, Greece and Italy, it is clear that uncertainty is here to stay and that should keep the yen underpinned and a fade on rallies might be the long-term way to go, despite the divergence between central banks that plays in favour of EUR/JPY and USD/JPY. AUD/JPY is unlikely to catch such a bid considering the RBA - that despite managed to give off a modestly upbeat tone this week, it still indicated that it is in no rush to hike rates and is on the air of caution around China and world growth, in general, that will negatively impact its own economy. Add in China's already slowing growth, the AUD probably still has lower to go within this five-year downtrend that started from the highs of 1.0500's made back in March 2013. 

    *AUD/JPY (USD/JPY and AUD/USD) levels*

    USD/JPY has rallied to a high of 114.31 which is a 50% fibo measured by the fibo expansion tool from the 112.56 26th Sep low to the high of 30th Sep high at 114.06. On a continuation, bulls can target the 2017 high at 114.74, where analysts at Commerzbank suspect that it may fail. However, there could be room to gravitate a little further towards knock out options with upside strikes that will be located at 115 the figure before a major correction might take place.

    Indeed, the risk rally was capped by the descending tend line, and the price is making double top hourly highs. However, AUD/JPY has some room further to go on the upside if USD/JPY pops to the 115 handle, especially should AUD/USD now correct in a mean reversion of the recent steep decline from 0.7315 25th Sep highs.  A 50% retracement would take the pair back to 0.72 handle. However, given the distance from the aforementioned highs that the pair has travelled, a correction on profit-taking would likely only reach as far as somewhere between 0.7173/00 (23.6% & 38.2% fib of 0.7129/0.7315). The effect on AUD/JPY leaves the cross destined to a range between 82.50 and 81.04. 81.82 is the pivot ahead of 82.27 R1. S1 is located at 81.17 while the cross is supported by the confluence of the 100-4hr SMA/26th Sep double bottom lows.  Reported by FXstreet.com 3 hours ago.

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    Leading European Sailing Yacht Manufacturer Expanding to Seize Growing North American Market Opportunity

    MILFORD, Conn., Oct. 03, 2018 (GLOBE NEWSWIRE) -- Italia Yachts, the award winning Italian boatyard where speed and comfort are built into every yacht, recently announced it has expanded its international footprint with the opening of Italia Yachts U.S.A. in Milford, CT.Building on its existing European and Australian customer bases, Italia Yacht’s presence in the U.S. will enable it to better serve a growing client base in this region and meet rapidly expanding demand for sailing yachts in the 34 to 54-foot range that deliver optimum levels of speed without sacrificing comfort and luxury. 

    “This is an important milestone in Italia Yachts international expansion strategy and reinforces our status as the leading sailboat manufacturer in Italy,” said Bill Leonard, Operations Director of Italia Yachts U.S.A. “A physical presence in the U.S. will better enable us to service existing customers while penetrating new markets hungry for the unique blend of design, performance and luxury that our vessels provide.”

    A “back-to-back” winner in the 2015 and 2016 ORC world championships and awarded “Best Boat 2016” as seen in SAIL and CRUISING WORLD USA Magazines, Italia Yachts was founded in 2011 in Chioggia (Venice) Italy to fill the increasing market gap between Mediterranean high-performance boats and more traditional Nordic cruisers. Today, Italia Yachts provides a broad product range of sport performance and blue water cruising sailboats that offer ease of operation with exhilarating performance, suitable for offshore racing.

    Italia Yachts U.S.A. will provide local service, and sales support through its Milford, CT office along with a satellite operation located in South Florida, managed by Bill Leonard.

    *ABOUT ITALIA YACHTS *

    Venice-based Italia Yachts is a leading global provider of boats that defy comparison by uniquely blending outstanding performance with ease of use, luxury and comfort. Superbly crafted in the company’s own modern shipyard located near Venice, Italy, all Italia Yachts boats are designed to sail upwind in strong conditions without sacrificing passenger comfort. Available in five models, ranging from 34 feet to 54 feet, Italia Yachts also provides world-class service, support and parts. For additional information, please visit www.italiayachts.com.

    All company, brand, and product names referenced herein may be trademarks or registered trademarks of their respective owners.

    *Media Contact:        *
    Bill Pankracij    
    PR & Digital Content Analyst
    Italia Yachts U.S.A.
    475-598-8164
    bpankracij@italiayachtsusa.com 
    www.italiayachtsusa.com  Reported by GlobeNewswire 3 hours ago.

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    NEW YORK (AP) — U.S. stocks are climbing Wednesday after a survey by payroll processor ADP showed strong hiring by private businesses in September and a trade group said services firms produced more and hired more workers. Banks are rising as interest rates move higher. European stocks rose after the Italian government said it will gradually reduce its deficits over the next few years. KEEPING SCORE: The S&P 500 index jumped 12 points, or 0.4 percent, to 2,935 as of noon and is on track for a record high. The Dow Jones Industrial Average, which finished at an all-time high Tuesday, gained 141 points, or 0.5 percent, to 26,915. The Nasdaq composite added 35 points, or 0.4 percent, to 8,035. The Russell 2000 index rose 10 points, or 0. Reported by SeattlePI.com 3 hours ago.

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    Napoli vs Liverpool LIVE: Team news and Champions League updates from Italy NAPOLI VS LIVERPOOL LIVE: Starsport brings you all the action from the Champions League match in Italy as Mo Salah looks to return to form. Reported by Daily Star 2 hours ago.

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    Sasikiran was key to India's success till this round but he ran out of steam on a day when two main players - Viswanathan Anand and P Harikrishna signed peace early. B Adhiban, in the absence of Vidit Gujrathi, played out a draw on board three to reduce the deficit margin to 1.5-2.5. Reported by DNA 2 hours ago.

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    Teacher denies sex with pupil but admits 'flirty texts' and calling him drunk from Italy Ellie Wilson told police she was an "idiot" for giving boy her number. She said she came to realize chatting to him was inappropriate Reported by Bristol Post 2 hours ago.

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    Reported by SeekingAlpha 2 hours ago.

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    Fossil teeth reveal Neanderthals developed distinct features as far back as 450,000 years ago The remains from Fontana Fanuccio and Visogliano in Italy suggest Neanderthal dental features evolved by the Early-Middle Pleistocene, suggesting they diverged from modern humans early on. Reported by MailOnline 2 hours ago.

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    Tom Holland and the cast of Spider-Man: Far From Home are finished filming in Europe! The 22-year-old actor was spotted filming his last scene on Wednesday afternoon (October 3) in Venice, Italy. PHOTOS: Check out the latest pics of Tom Holland In the final shot, Tom looked surprised while filming amid a chaotic set of [...] Reported by Just Jared 1 hour ago.

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