Italian bank UniCredit has aounced better than expected second-quarter profits. Photo: Gaetano Virgalitto/AFP
AFP · 3 Aug 2016, 13:39
Published: 03 Aug 2016 13:39 GMT+02:00
Meanwhile the bank, which has been offloading assets to strengthen its capital base, also aounced it had sold its credit card processing business in Italy, Germany and Austria to the Sia group for €500 million.
Today's headlines
The 46-year-old health worker died after being set on fire, allegedly by a former colleague. Photo: Luca Parioli
The ex-colleague of a 46-year-old woman who died after being set on fire on Tuesday has been arrested in the Tuscany city of Lucca.
Italian bank UniCredit has aounced better than expected second-quarter profits. Photo: Gaetano Virgalitto/AFP
UniCredit, Italy's largest bank, said on Wednesday its net profit soared 75 percent to €916 million ($1.0 billion) on increased revenues and cost cutting measures.
Italy has passed new legislation to combat food waste. Photo: allispossible/Flickr
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Bilal Erdogan has been under investigation in Italy since February. Photo: Ozan Kose/AFP
Turkish President Recep Tayyip Erdogan's war of words with the West got personal on Tuesday when he told Italian judges investigating his son they should be pursuing the mafia instead.
Italian carmaker Ferrari is set to rake in record profits this year. Photo: Jewel Samad/AFP
Italian sportscar maker Ferrari said on Tuesday it was headed for a record net profit this year after posting its best-ever quarterly results.
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Walk into Rome’s Trastevere neighbourhood and it feels like a theme park. But it wasn't so long ago the picturesque area was considered one of Europe's most interesting, especially with its fiery, and violent, history.
Pope Francis has created a special commission to study the possibility of women becoming deacons. Photo: AFP
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