Topic: Italy

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Gold prices falling after Italian bond auction

Gold prices falling: Gold for April delivery fell $19.80, or 1.2 percent, to $1,595.70 per ounce. Silver and platinum were down 1 percent or more.
Is the 'Internet of Things' the way of the future?

Imagine a world where you can control your coffeemaker from your tablet or turn off toys from your phone. That world is around the corner, according to tech industry CEOs.
Pope Benedict bids emotional farewell

Amidst tens of thousands of supporters, Pope Benedict used his final weekly general audience to say goodbye. His resignation will become official at 8 p.m. Thursday. He will reside in the papal summer home for a couple of months before moving on to a quiet retirement in the Vatican Gardens. In the meantime, the Church's cardinals will pick a successor.
Stocks soar; Dow nears all-time high

Stocks rose on Wall Street for a second day Wednesday. The stock market surged on good news from retailers and the US housing market. The Dow came within 100 points of its all-time high.
Are Italian voters right that austerity isn't working? (+video)

Austerity's bite was a primary factor in the strong showing by Beppe Grillo and Silvio Berlusconi in national elections. And now some experts say that austerity is hurting Italy's economy.
Stir It Up! Braised veal shanks with white beans

Elements of two classic comfort foods combine in satisfying braised veal shanks with white beans.
No laughing matter: How a comedian's election is upending Italy

The Five Star Movement's strong showing in Italy's elections has made comedian-turned-activist Beppe Grillo into a kingmaker. But many in Europe worry the last laugh will be on Italy.
Italian political deadlock casts new uncertainty on eurozone recovery

Markets tumbled and the value of the euro dropped in response to Italy's election results and their unexpectedly loud rejection of German-imposed austerity policies.
Global markets drop with no clear winner in Italian elections

Some election results in Italy are inconclusive, as of Tuesday. And world economic markets are reacting to the news in a negative manner.
Stocks fall on threat of Italy deadlock

Stocks saw their worst decline in months Monday as Italy heads for political disarray. As stocks plunged, gauges of market sentiment indicated that investors were becoming more risk-averse and parking their money in defensive assets.
Big tally for Berlusconi throws wrench into Italy's election

Silvio Berlusconi's party appears to have won Italy's upper house, thereby likely preventing one-time presumptive premier Pier Luigi Bersani from forming a governing coalition.
Ikea: Horse meat found in Swedish meatballs

Ikea was drawn into Europe's widening horse meat scandal Monday as authorities said they had detected horse meat in the furniture giant's frozen meatballs. Ikea sold the meatballs, labeled as beef and pork, in 13 countries across Europe.
Economy at stake in Italian parliamentary elections

While investors and EU countries watch closely, Italians go to the polls on Sunday and Monday to vote for parliamentary representatives. Those elected could impact how Italy copes with its financial crisis.
'Caesar Must Die' is powerful and moving

'Caesar,' a prison's production of Shakespeare, doesn't sugarcoat the convicts or their incarcerations.
EU says eurozone economy will shrink this year

Eurozone economy will contract 0.3 percent, the European Union predicts, but bottom out in the first half of 2013. Eurozone growth estimate for 2014: 1.4 percent.
The man who would be Italy's next prime minister: Pier Luigi Bersani

Despite letting Silvio Berlusconi edge to within a few points in the polls, Mr. Bersani's Democratic Party still looks to be the favorite to win Italy's elections next Sunday and Monday. But who is he?
Will you remember me?: The greatest one-hit wonders of the 2000s

Check out our picks for the best songs from the 2000s whose artists made the charts with these hits, but never released another successful song.
How Nicolaus Copernicus rewrote the rules of the solar system

Nicolaus Copernicus was born 540 years ago today.
Pope makes one of his final appearances, Rome braces for change (+video)

On Sunday, upward of 100,000 people attended a blessing by Pope Benedict XVI in St. Peter's Square, one of the pope's final public appearances. Rome and Vatican City are bracing for large crowds of pilgrims and tourists expected for the election of the new pope.
British PM David Cameron begins India trade trip as graft scandal erupts (+video)

Cameron's trip underlines how Europe's debt-stricken states are competing to tap into one of the world's fastest-growing economies. But Friday India said it wanted to cancel a $750 million deal for a dozen helicopters made by an Anglo-Italian company due to bribery claims.
Cruise ship drama: How to survive on an 893-foot life raft

Tourists turned survivors got back to basics and formed a temporary colony onboard the paralyzed Carnival Triumph.
'Stench cruise' fallout: Will it create a stink for Carnival and the industry?

Carnival will take a hit from the 'stench cruise' ordeal, and the industry will scurry to reassure potential customers. But the impact on the growing sector should be short-lived, experts say.
Pope approves new head of Vatican scandal-plagued bank

One of Benedict XVI's last decisions elevates German 'Knight of Malta' to head bank at heart of Vatileaks storm and money-laundering probe.
Stricken Carnival cruise ship nears Mobile, Alabama

As the damaged Carnival cruise ship limped towards the Alabama coast, passengers talked about the overwhelming stench and described the trip as hellish.
Cosmic rays' mysterious origin? Supernovae to blame, study confirms.

A team of researchers found the 'unique, smoking-gun signature' of the creation of cosmic rays in the expanding shells cast off by supernovae.