Search results for "ROME"



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UPDATE 1-World food prices start 2016 at near seven-year low

ROME, Feb 4- World food prices fell to near a seven-year low in January, weighed down by declines for agricultural commodities, particularly sugar, the United Nations food agency said on Thursday. The Food and Agriculture Organization's food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged...
Source: Reuters | By: Isla Binnie
UPDATE 2-Rouhani invites U.S. firms to invest in changing Iranian economy

DUBAI, Feb 2- Iran has no problem with U.S. companies investing in its economy and creating joint ventures, President Hassan Rouhani said on Tuesday, and he called for foreign investment and diversification away from oil. The president said the lifting of sanctions last month under a nuclear deal with world powers would see foreign investment turn Iran into an...
Source: Reuters | By: Sam Wilkin
UPDATE 2-Argentina reaches cash deal with Italian creditors over defaulted debt

BUENOS AIRES/ ROME, Feb 2- Argentina has reached a deal to pay $1.35 billion in cash to a group of Italian creditors who hold unpaid sovereign debt stemming from the South American country's record default in 2002, the investors said on Tuesday. The deal, which is subject to approval in Argentina's Congress, represents a payment of 150 percent on the $900 million...
Source: Reuters | By: Richard Lough and Stefano Bernabei
Why we should worry about Libya...again

A global coalition is meeting to focus on Islamic State's strengthening presence in Libya and how to prevent it seizing more parts of the country.
Source: | By: Holly Ellyatt
CNBC update: Groundhog sees no shadow  

Bill Cosby arrived at a Pennsylvania courthouse where his lawyers will try to get a judge to drop sexual assault charges against him; Secretary of State John Kerry is attending an anti-ISIS coalition meeting in Rome; and groundhog Punxsutawney Phil did not see his shadow, reports CNBC's Sue Herera.
UPDATE 1-Italy's Meridiana in talks with government, no comment on Qatar Airways

ROME, Feb 2- Italy's Meridiana Fly held talks with the country's development minister on Tuesday about the ailing airline's future, its CEO said after the meeting, but did not comment on speculation Qatar Airways could come to the rescue. I can't say more at this stage, "Meridiana Chief Executive Marco Rigotti said when asked about potential talks with Qatar...
Source: Reuters
Smokers in Italy hit with new fines to protect the young

ROME— Smokers in Italy are now facing fines of up to 500 euros if they light up in a car with a child or pregnant woman— or if they toss a cigarette butt on the street— after new health and environmental laws went into effect Tuesday. Piergiorgio Benvenuti, president of EcoItalia Solidale, said about 11 million cigarettes are smoked every day in Rome, half of them...
Source: The Associated Press
Italy's Meridiana meeting on future amid Qatar Airways talk

ROME, Feb 2- Top executives of Italy's Meridiana Fly are meeting with the development minister in Rome on Tuesday to discuss the future of the ailing regional airline, amid speculation Qatar Airways could come to the rescue. "Talks are going on with Qatar Airways to let the carrier enter into capital," one source close to the matter said. Qatar Airways declined to...
Source: Reuters
Britain's Hammond says encouraged by EU renegotiation proposals

ROME, Feb 2- British Foreign Secretary Philip Hammond said he was encouraged by the progress of negotiations with the European Union but cautioned that the proposals will probably need further work to be crafted into a deal at an EU summit later this month. Speaking just hours before the head of the European Council was to present "new settlement" proposals aimed...
Source: Reuters | By: Guy Faulconbridge
France calls on US to lift economic embargo on Cuba

PARIS— France called on the U.S. to lift the economic embargo against Cuba during a historic state visit Monday by the Caribbean island's president aimed at boosting economic relations between Havana and Paris. "We appreciate France's traditional position in favor of the lifting of the economic, commercial and financial embargo from the United States...
Source: The Associated Press