italy

Billionaire Jeff Bezos and fiancée Lauren Sanchez are putting the final touches on their star-studded Venice wedding. However, not everyone in the City of Canals is rolling out the red carpet. What Happened: Already the hosts of lavish yacht parties and an expensive engagement party, Bezos and...

Pope Francis has died at the age of 88 leaving a vacancy for the position of the global head of the Catholic Church. Here's a look at the betting odds for the next pope and why sports bettors believe one Major League Baseball player will hit a home run Monday. Next Pope Odds: Pope Francis was the...

Italy has joined the U.S. in opposing taxes on digital services, signaling a shift in its stance on a tax levied against major tech companies, including Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and Facebook-parent Meta Platforms...

Italy’s largest bank, Intesa Sanpaolo, dipped its toes in the cryptocurrency market, conducting its first Bitcoin (CRYPTO: BTC) purchase worth $1 million, according to a report on Tuesday. What Happened: Intesa Sanpaolo purchased 11 Bitcoins in what CEO Carlo Messina described as...

Italian Prime Minister Giorgia Meloni has stated that investments by companies owned by Elon Musk do not pose a threat to Italy’s national security. Meloni emphasized the importance of evaluating investments through the lens of national interest. What Happened: Meloni...

Investors on Wall Street are bleeding red, white and blue, pouring money into American equities already trading higher than their European counterparts. The Data: A post on X from Mike Zaccardi relayed data from the Bank of America fund manager survey. BofA FMS: 4th biggest overweight of US...

Politicians from Italy’s ruling coalition said Tuesday that the country will lower the proposed tax hike on cryptocurrency capital gains following industry criticism and internal disagreements. What Happened: Lawmaker Giulio Centemero and Treasury Junior Minister Federico Freni,...

Airbnb Inc (NASDAQ:ABNB) is betting big on its next experience with a trip of a lifetime for fans of the movie "Gladiator" or anyone who has ever wanted to be at the Roman Colosseum after dark. What Happened: Billionaires Elon Musk and Mark Zuckerberg didn't end up fighting in the Roman Colosseum...

The Italian economy stagnated in the third quarter of this year as weak manufacturing and slowing exports weighed on growth.  The country reported no economic growth compared with 0.2% in the second quarter, according to data from the Nation Institute of Statistics (ISTAT). Although its GDP...

NVIDIA Corp‘s (NASDAQ:NVDA) market capitalization has surpassed the combined totals of Germany and Italy. The company’s stock has surged almost 200% this year, elevating its market cap to an impressive $3.5 trillion. What Happened: Torsten Sløk, Chief Economist at Apollo, said,...

Lorrah Minton uncovered an incredible real estate opportunity in Italy, and now she’s fully embracing the experience. What To Know: According to a Business Insider report, Minton purchased a home in Mussomeli, Italy, for just 57,000 euros ($62,200) last year. After a complete renovation, she'...

In a bid to rebalance trade ties, Italian Prime Minister Giorgia Meloni has embarked on a visit to China. What Happened: During her inaugural visit as Prime Minister, Meloni stressed the need for a more equitable trade relationship, Reuters reported on Tuesday. She noted that Italy’s...

U.S. retail giant Amazon.com, Inc. (NASDAQ:AMZN) has been investigated twice this week for allegedly conducting suspected tax evasion in Italy. Italy’s tax police on Tuesday seized about 121 million euros ($131 million) from Amazon Italia Transport in Milan as part of an investigation into...

Italy has demanded 1 billion euros ($1.07 billion) in unpaid taxes and penalties from Google (NASDAQ:GOOGL) (NASDAQ:GOOG). This comes seven years after Google settled a similar tax dispute with Rome. What Happened: Three sources with direct knowledge of the matter disclosed that Italy’s...

Amazon.com Inc.‘s (NASDAQ:AMZN) cloud computing arm, Amazon Web Services (AWS), is negotiating with the Italian government to invest billions of euros to expand its data center operations in the country. This initiative is part of the tech giant’s strategy to enhance its cloud services...