Italy’s state railway Ferrovie dello Stato SpA is moving ahead with plans to sell minority stakes in its high-speed train network, Chief Executive Officer Stefano Donnarumma said.

Europe’s plans to unleash trillions of euros in new defense spending will be a huge missed opportunity unless the region can work out how to raise productivity in the process.

He was known just as Bob, a White Sox fan from the South Side of Chicago. Now mild-mannered cardinal Robert Francis Prevost has been declared Leo XIV, and his predecessor sowed the seeds for his...

Pope Francis, who encouraged Catholics to embrace a more compassionate view on many issues but found it difficult to close the book on past abuses by clergy, has died. He was 88.

Financed using a European post-Covid recovery fund, a new rail link could be an economic boost, and a sign that the EU is getting better at spending money.

Nouriel Roubini predicted that the stock market correction may deepen before investor sentiment then stabilizes as US President Donald Trump dials down his global trade onslaught.

For Italian Prime Minister Giorgia Meloni, the debt crisis that caused Silvio Berlusconi’s downfall remains such an unnerving memory that it keeps driving her decision-making.

Italy plans to propose a new financial vehicle to mobilize hundreds of billions of euros of private capital for strategic defense and aerospace projects via European Union and member state guarantees.

Italy’s state rail operator is open to foreign investors including private equity firms as Chief Executive Officer Stefano Donnarumma seeks capital for subsidiaries to fuel his growth and moderniza...

Giorgia Meloni keeps managing a feat that her predecessors as Italian prime minister long struggled with: earning ever greater trust from investors.

Global poverty will increase if the world doesn’t work to maintain a stable and open trading system, World Trade Organization Director General Ngozi Okonjo-Iweala said.