Quantcast
Channel: Italy Headlines on One News Page [United States]
Viewing all 40166 articles
Browse latest View live

'ItaLeave' Looms Again As Political Uncertainty Sends BTPs Plunging

0
0
'ItaLeave' Looms Again As Political Uncertainty Sends BTPs Plunging Italian government *bond risk is at its highest since before the Referendum *as the constitutional court modifications push Europe's troubled country closer to early elections (and the potential for 'Italeave').

While it is no longer clear precisely on what side of the anti-establishment divide 5-Star leader Beppe Grillo can be found after his recently rebuffed attempt to merge with a pro-Europe federalist in the European Parliament, should the 5-Star movement win in the upcoming elections, *Europe will be one stop closer to the populist tipping point*, especially since that will likely mean new all time highs in global markets.

And it appears the bond market is starting to realize...

 

And while peripheral European bonds have been a bloodbath recently,* Italy is the notable outlier...*

At its *highest risk over Spain since the European crisis.* Reported by Zero Hedge 2 hours ago.

Fresh quakes rattle snowbound central Italy

0
0
Sixteen tremors jolted central Italy's mountainous spine on Thursday, Italy's national geophysics and vulcanology institute after the area was hit by a series of strong earthquakes, heavy snowfalls and an avalanche last week. Reported by Zee News 2 hours ago.

Canada's Marcoux wins second gold at World Para-Alpine Skiing Championships

0
0
*By The Canadian Press*

TARVISIO, Italy — Canada's Mac Marcoux earned his second gold medal of the World Para-Alpine Skiing Championships, teaming with guide Jack Leitch to win Thursday's super-G race in the men's visually impaired category.

Marcoux, a 19-year-old from Sault Ste. Marie, Ont., also won gold in Wednesday's downhill.

"It was nice and fast for super-G and pretty straight,"Marcoux said. "I want to give a huge shout out to Jack for his dedication and perseverance as my guide. I'm so pumped... // Read Full Article Reported by CJME 1 hour ago.

Italy's Renzi seeking comeback on heels of court ruling

0
0
ROME (Reuters) - Matteo Renzi is attempting a comeback after an Italian court ruling that paves the way for a national vote this year, but his eventual success may depend on one of his rivals: four-time Prime Minister Silvio Berlusconi. Reported by Reuters 2 hours ago.

Mac Marcoux strikes gold again at para-alpine worlds

0
0
The medals continue to roll in for Canada para-alpine skier Mac Marcoux. The Sault Ste. Marie Ont., native won gold in Thursday's super-G race in Tarvisio, Italy. Reported by CBC.ca 2 hours ago.

BRIEF-LVMH CEO silent on Italy's Marcolin stake plan

0
0
Jan 26 (Reuters) - Lvmh Chairman and CEO Bernard Arnault tells a news conference: Reported by Reuters 1 hour ago.

GES, Inc. Announces Strategic Investment in JOT, Ltd.

0
0
Global Equipment Services & Manufacturing, Inc. (GES), invests in JOT Automation Ltd. (JOT), entitling it to significant ownership of the company representing part of GES ’s strategic plan to expand its equipment automation engineering capabilities and global foot print.

San Jose, California (PRWEB) January 26, 2017

Global Equipment Services & Manufacturing, Inc. (GES), headquartered in San Jose, California has made an investment in JOT Automation Ltd. (JOT), entitling it to significant ownership of the company. This initial investment in JOT represents part of GES’s strategic plan to expand its equipment automation engineering capabilities and global foot print.

As a part of the ownership arrangement, GES and JOT have agreed to a strategic partnership, where both companies will collaborate on new product designs. GES becomes the scaling manufacturing and equipment services partner for design solutions created by JOT.

“The pairing of GES and JOT will create a unique and comprehensive capability in delivering technology solutions, mass manufacturing and global customer service for the production of automated equipment to the semiconductor manufacturing and electronic production automation industry,” said Don Tran, GES Chairman & CEO. “Both companies’ shared commitment to collaboration and building lasting value to customers, along with our respective track records of delivering world class quality products and customer service, position us as a world leader to deliver unmatched capabilities and speed to solutions that are critical to our customers’ long-term success.”

“This is the start of JOT Automation operating in a new way. Some of the largest technology companies in the world have become our customers, our ownership base has been expanded, and we have managed to make our business operations scalable with the help of our new strategic partner,” says Lauri Antila, JOT Automation Ltd.’s Chair of the Board. “Our aim is to develop JOT Automation into a leading player in the growing electronics production automation and testing market.”

About GES, Inc.
GES, headquartered in San Jose, California specializes in production processing and test equipment design, volume manufacturing and global services for the semiconductor and electronics product manufacturing industry. GES has signi cant business operations in China, India, Japan, United States and Vietnam.

About JOT Automation Ltd.
JOT, headquartered in Oulu, Finland, is a pioneer and leader in automation and testing solutions for electronics production. JOT has business operations in Estonia, China, Finland, Italy, Hungary and the United States.

MEDIA CONTACTS:

GES, Inc.
James McCormick, CFO
+1 650 954 9000
jmccormick(at)geservs.com

JOT Automation Ltd.
Lauri Antila, Chairman
+358 4052 22333
lauri.antila(at)headteam.com Reported by PRWeb 1 hour ago.

Robin Hood financial transactions tax is "within reach" says EU politician

0
0
Robin Hood financial transactions tax is A financial transactions tax – also known as a Robin Hood tax – on trades is “within reach” according to the EU’s commissioner on tax, which could represent a barrier to the UK’s post-Brexit trade deal with the bloc.

The original proposal was for a 0.1 per cent tax on trades in shares and bonds and 0.01 per cent on derivatives such as options and futures. The measure would be aimed to raise revenue and signal that financial services are sharing the cost of the global financial crisis.

France, Germany and Italy are among the 10 countries backing the effort, while the UK has been stridently opposed to any tax on financial transactions.

*Read more*: EU power grab with new global transactions tax

Pierre Moscovici, a former French finance minister, said: "A deal is within reach, if we only consider technical and legal issues, but what is needed is political will" according to Reuters.

A financial transactions tax would complicate a future trade deal between the UK and the EU.

The tax could create “obstacles in the way of a good UK/EU agreement” after Brexit, said Shanker Singham, a former trade lawyer who is now director of economic policy at the Legatum Institute.

A unilateral tax would also make the EU less competitive at a time when the US and UK are both declaring an intention to reduce regulation.

“If they do it it would be an indication of politics trumping rational economics,” said Singham. “These are very negative signals to investors and financial services.”

Meanwhile, the political will may be lacking. It is unclear, for instance, how likely Germany is to push hard for the tax, particularly before it enters a general election campaign.

*Read more*: MEPs demand transactions tax on European financial sector

“The problem in implementing this is the political will,” said Duncan McCann, a researcher at the left-of-centre New Economics Foundation.

Despite possible distorting effects, backers of the tax point to big revenue-raising possibilities at the expense of financial services as well as limits on financial instability such as flash crashes.

The Tobin tax was named after American economist and Nobel prize-winner James Tobin, whose aim was to stop short-term foreign exchange trading and thereby stabilise currencies.

McCann said: “The key rationale for imposing a financial transactions tax is that you would curtail more harmful speculative trading.” However, the tax should not be seen as a “panacea”, he said, pointing to failed attempts to impose a similar levy in Sweden.

“With these complex financial regulations the devil is in the detail,” he added.

The tax was first proposed in September 2011 as a way of making the financial services sector contribute more to EU revenues as well as to limit “financial transactions which do not contribute to the efficiency of financial markets or of the real economy,” according to the European Commission’s website.

A financial transactions tax was also mooted by candidates for the Democratic Presidential nomination, including Bernie Sanders and Hillary Clinton, during the US election campaign. Reported by City A.M. 47 minutes ago.

Italy's Banco BPM explores sale of asset manager Aletti -sources

0
0
LONDON/MILAN, Jan 26 (Reuters) - Newly-fomed Banco BPM is considering a sale of its asset manager Aletti Gestielle SGR as it seeks to "optimise" the Italian bank's assets, sources told Reuters on... Reported by Reuters 11 minutes ago.

Fresh quakes rattle snowbound central Italy in Lazio province

0
0
Sixteen tremors jolted central Italy's mountainous spine on Thursday, Italy's national geophysics and vulcanology institute after the area was hit by a series of strong earthquakes, heavy snowfalls and an avalanche last week. Reported by Zee News 10 minutes ago.

Seeking title, Shiffrin makes rare super-G start in Cortina

0
0
CORTINA D'AMPEZZO, Italy (AP) " Mikaela Shiffrin is making a rare start in a speed race this weekend to protect her overall World Cup lead.A specialist in slalom and giant slalom, the American will enter Sunday's super-G on the... Reported by New Zealand Herald 22 minutes ago.

The American Dream Or The American Nightmare?

0
0
This is a call to your conscience. I am writing about the "Muslim ban," as people are calling it.

My great-grandparents migrated to the United States from Italy. They came through Ellis Island, New York City, the famous 19th and 20th century entry point to the "American Dream." Vinzenzo Tedesco arrived on April 26th, 1910. His wife, Filomena, arrived in New York City sometime in 1908. They came to America to escape poverty. They came to have a roof over their heads. They came for enough work to earn a small income to feed their bellies and their children. They embraced the hard reality of migrating to a country a thousand miles away. America offered them a better life. They lived the American Dream in a land of unlimited potentials.

Across from Ellis Island, in Upper New York Bay, stands the Statue of Liberty. The Statue of Liberty's torch represents freedom, enlightenment and hope. "America is a beacon of liberty to the world." That is what Lady Liberty might say if she could speak. There are several phrases associated with this monument, the most recognizable is "Give me your tired, your poor, your huddled masses yearning to breathe free." I think about what the Statue represented to my great-grandparents, and whether they viewed America in an egalitarian light. I am confident they did.

If the Statue of Liberty represents the American Dream, Donald Trump represents the American Nightmare. Today, Trump is expected to order a ban on immigrants from Muslim majority countries including Syria, Iran, Iraq, Libya, Yemen, Sudan and Somalia. In addition, he is set to sign other domestic immigration reforms that will include targeting sanctuary cities that decline to prosecute undocumented human beings. Make no mistake about it - the "Muslim ban" targets Muslims and Muslim-majority countries for the simple fact that they are linked to Islam.

Donald Trump rose to power through fear and hate. He painted, and still paints, Muslims as uncivilized. This is absolutely bogus. Muslims are just regular folks who want to raise their children in peace. Many of them are running from a bad and even desperate situation. These people either die in their homes or they migrate elsewhere to start all over. Imagine that. Imagine abandoning everything. Would you slam the door on these human beings?

The "Muslim ban" is not about security. This is about Islamophobia, plain and simple. If Trump cared about security, he would focus on right-wing extremists already living on American soil. Let us consider some facts. In the fourteen years since 9/11, at least 48 people have been killed by right-wing extremists - almost twice as many as were killed by self-identified jihadists (see study carried out by the New American Foundation for details). If only facts mattered to Trump and his Administration!

Donald Trump is making America more like her foes. Isolated. Closed-minded. Intolerant. Paranoid. Oppressive. America is supposed to be different!

In the words of George Washington, the first President of the United States: "The bosom of America is open to receive not only the opulent and respected stranger, but the oppressed and persecuted of all nations and religions."

-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website. Reported by Huffington Post 15 minutes ago.

BUZZOOLE RAISES $830K FOR ITS INFLUENCER MARKETING PLATFORM

0
0
Friday 27 January, 2017Buzzoole raises $830K for its influencer marketing platform

Influencer marketing platform Buzzoole today announces that it has raised $830,000 through convertible note funding. The round was led by international venture fund Impulse VC with co-investment from Swiss technology venture firm R301 Capital. The investment has potential to double within 18 months (up to $1.6M) and draw further investors.

Buzzoole’s proprietary, big data-based algorithm works to connect brands to the right influencers. It has almost 200,000 influencers on its platform, defined by criteria beyond follower count. The platform’s international influencer base provides brands with a powerful way to start conversations, reach new audiences and boost their promotional campaigns.

Founded in 2013 in Naples, the Italian startup has already worked with a range of leading international brands, from Unilever to Mastercard to Toyota, among many others. After opening offices in Rome, Naples and Milan, Buzzoole set up shop in London earlier this year.

Buzzoole’s new funding will be put toward further overseas expansion primarily in Russia, France, Spain and India. It intends to refine its product and form new partnerships by integrating with trading desks as well as retargeting and programmatic activities.

Fabrizio Perrone, CEO of Buzzoole, said: “This latest round of investment is hugely significant for us. 2016 has been a great year, especially with our expansion into the UK. We’ve also seen rapid growth in terms of users, countries and revenue too. The future looks bright – this operation is a bridge to a Series A round expected in the next 12 to 18 months.”

Perrone added: “Moving forward, Buzzoole will continue adding new features to its platform and implementing its proprietary algorithm. Influencer marketing has been a major talking point in 2016, as C2C marketing has become a more attractive prospect. But as more and more companies enter the influencer marketing space, Buzzoole sets itself apart. With its awarded data-driven technology and automated platform based on semantic algorithm, images recognition and Open Graph, Buzzoole is the first end-to-end influencer marketing platform with a media-oriented business model.

Kirill Belov, founder Impulse VC said: “Influencer marketing is the new frontier of word-of-mouth and the new challenge for communications. Marketing professionals are deeply interested in engaging social media opinion leaders, but the industry is lacking a universal tool for managing these kind of campaigns. Buzzoole has the product to fill this gap that will allow brands to effectively expand their social media presence”.

# # #

About Buzzoole

Buzzoole was set up in 2013 and is headquartered in Italy’s growing tech centre Naples. The Buzzoole platform connects brands and influencers for mutual benefit. It uses a proprietary algorithm to identify suitable influencers to help brands take their message beyond traditional marketing channels. The resulting social amplification helps generate word of mouth, engagement, footfall and purchase.

The platform boasts almost 200,000 influencers worldwide and currently works with over 350 brands across a range of sectors, counting Unilever, Tommy Hilfiger, MasterCard, Hilton Hotels, Toyota and many others as clients. The company has experienced impressive growth: the team is now over 50 people strong and expanding rapidly, with a recently-opened London office adding to those already in Rome, Naples and Milan.

Buzzoole has financed growth via a mix of angel and seed round funding from private direct investors, existing contacts and various venture capital funds. This has been followed by bridge funding to support the opening of several new European markets.

https://buzzoole.com

About Impulse VC

Impulse VC is a venture capital fund and incubator of technological online projects. The fund provides seed financing to the companies with the potential to scale business-models and enter international markets. The fund’s focus is on adtech, B2B SaaS.

http://impulsevc.com

About R301 Capital

R301 Capital is an independent technology venture capital firm investing technology start-ups across Europe. The firm founded by experienced tech entrepreneurs Nader Sabbaghian and Alessandro Rivetti combines expertise with cash to best support early stage businesses.

http://www.r301capital.com

_ _ _

Contacts

Buzzoole, PR and Media Relations:

Serena Orizi

serenaorizi@gmail.com

mobile: 3204205558

Website: http://buzzoole.com

Twitter: https://twitter.com/Buzzoole

Facebook: https://www.facebook.com/Buzzoole

Impulse VC, PR Department

Viola Serdiukova

Ph: (+7)9778350107

viola@impulsevc.com

Website: www.impulsevc.com

Crunchbase: https://www.crunchbase.com/organization/impulsevcNo media attached. Please contact Pressat Wire for more information.Distributed by http://www.pressat.co.uk/ Reported by Pressat 5 hours ago.

EU interior ministers at loggerheads over distribution of migrants

0
0
The EU wants to cut off the maritime migrant route from Libya to Italy and is mulling over camps in Africa as a deterrent to would-be migrants. Interior ministers are conferring in Malta, as Bernd Riegert reports. Reported by Deutsche Welle 4 hours ago.

Canada's Laurie Blouin snags silver at World Cup snowboard slopestyle event

0
0
Canada's Laurie Blouin won a silver medal on Friday at the ladies' snowboard slopestyle World Cup event in Seiser Alm, Italy. Reported by CBC.ca 5 hours ago.

Wolves shot and mutilated as Italy considers bringing back a cull after more than 40 years of protecting the predator

0
0
Reported by Telegraph.co.uk 5 hours ago.

Europe Cervical Cancer Test Market: Patients, Screening Type (Pap Smear, HPV DNA) & Region (United Kingdom, France, Germany, Italy, Spain, Sweden, Switzerland, Norway, Netherlands) - Research and Markets

0
0
DUBLIN, Jan. 27, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Europe Cervical Cancer Test Market, Patients, By Screening Type (Pap Smear, HPV DNA) (United Kingdom, ... Reported by FinanzNachrichten.de 5 hours ago.

Poetry in motion: Goggia skis with a literary soul

0
0
CORTINA D'AMPEZZO, Italy (AP) " She celebrates like Alberto Tomba and quotes 19th century poets on Facebook.Italian skier Sofia Goggia has been one of the biggest surprises on the World Cup circuit this season " and not just for... Reported by New Zealand Herald 4 hours ago.

BT boss tells City A.M.: Italian problems have not spread

0
0
BT boss tells City A.M.: Italian problems have not spread The accounting scandal plaguing BT’s Italian arm has not spread to other countries, BT’s boss said today, although the firm is considering the future of its overseas operations.

BT has had a tumultuous week that kicked off on Tuesday with revelations of a £530m accounting black hole in Italy and a group profit downgrade.

*Read more*: BT faces US lawsuits as Italian prosecutors begin probe

Shares plummeted by a fifth, with £8bn wiped off the FTSE 100’s market cap, while Milan prosecutors opened a criminal investigation in embezzlement and fraud and US shareholders filed a class action lawsuit against the firm.

But chief executive Gavin Patterson today confirmed that the malpractice in Italy has not been mirrored elsewhere. Speaking to City A.M. he said:



We’ve reviewed all our other subsidiaries around the world. We have no evidence that this kind of thing has gone on anywhere else at this stage.



*The end of Global Services?*

On Tuesday, the problems in Italy led to some investors questioning whether BT should pare back its Global Services division, and instead concentrate on core operations in the UK and bedding-in its recent acquisition of mobile phone giant EE.

Patterson said the future of Global Services is something under consideration:



We are going to use this moment to take stock on Global Services. And look at its strategy going forwards.



However, while investors and analysts question whether overseas operations are more trouble than they are worth, Patterson added they had an important role to play, especially as Britain negotiates its exit from the EU.

“It [Global Services] does perform a role for the group. It does ensure that we have some exposure to markets outside of the UK. And in a world where the UK is going to go through Brexit I think it is important to have some diversified revenue streams, so if the UK goes through a particularly poor period we have the opportunity to grow elsewhere.”

*Angry*

“Obviously it’s been a difficult few days as you can imagine,” said Patterson, after a week that culminated with the firm revealing this morning third-quarter profits had fallen by 37 per cent, hot on the heels of a downward credit outlook shift by rating agency Moody’s yesterday evening.

This morning, BT also confirmed it's head of continental Europe, Corrado Sciolla, would be leaving the firm.

“Many of shareholders are unhappy, colleagues across the business are unhappy and they have every right to be, and frankly I’m very angry.

“The integrity of BT has been undermined by the wrongdoings a few individuals in our Italian business. It is completely unacceptable, it has no place in BT at all.



But I’m happy now that the situation is under control. We’ve got rid of management, put new management in.



Meanwhile Patterson, two and a half years into the top role at BT, does hope he gets some time to unwind this weekend.

Nevertheless, he told City A.M. it was a case of out of the frying pan into the fire, as family commitments would likely take up any spare time.

“I do hope I get a little time ultimately. It will depend on where the children will want to be transported to I think. Sporting fixtures or parties or going to see friends. I think that will be the focus this weekend,” he said. Reported by City A.M. 4 hours ago.

'Shroud of Turin' comes to Gloucester

0
0
'Shroud of Turin' comes to Gloucester A replica Shroud of Turin has been brought to St Peter's High School. The Shroud of Turin is a linen cloth which some believe was the burial shroud of Jesus. But while the real artifact resides in Italy, school pupils in Gloucestershire have had the chance to take a look. Pam Moon, who created the replica artifact, also gave a lecture and insight into the history and mystery of the shroud, whilst also discussing the carbon data and how the original may have been repaired and changed over the... Reported by Stroud Life 9 minutes ago.
Viewing all 40166 articles
Browse latest View live




Latest Images