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Italy's Exor wins battle to buy PartnerRe for $6.9-billion

2015-08-03 15:45:16| Automakers - Topix.net

Investment group Exor, which controls car maker Fiat Chrysler, said on Monday it had signed a deal to buy PartnerRe for $6.9-billion , ending a prolonged battle for the reinsurer against a rival bid from Axis Capital. Exor, the investment vehicle of Italy's Agnelli family, wants to branch out into financial services with its steadier and higher returns and limit its exposure to the more capital-intensive and cyclical automotive sector.

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Italy's Fratelli Neri orders new ASD 3212 tug from Damen

2015-08-03 01:00:00| Ship Technology

Damen has secured a contract from Fratelli Neri to deliver a new ASD 3212 tug, marking the first order from the Italian tug owner for Damen tug.

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Italys RFI installs new Alstom computer-based interlocking signalling system

2015-07-21 01:00:00| Railway Technology

Italy's railway network owner Rete Ferroviaria Italiana (RFI) has installed Alstom's new remotely controllable computer-based interlocking signalling system at Bari Parco Nord as part of the 7.6m project.

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2.4 million active smartcards for Italy's TivSat

2015-06-04 19:40:22| Digital TV News

Italian satellite TV platform TivSat has announced that almost six years after its launch at the end of July 2009, it now has more than 2.4 million active smart cards, representing about 8% of Italian families.

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Fear of Ruin as Disease Takes Hold of Italys Olive Trees

2015-05-11 22:33:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Across the stony heel of Italy, a peninsula ringed by the blue-green waters of the Mediterranean, olive trees have existed for centuries, shaping the landscape and producing some of the nations finest olive oils. Except now many of the trees are dying. Sprinkled among the healthy trees are clusters of sick ones, denuded of leaves and standing like skeletons, their desiccated branches bereft of olives. The trees are succumbing to a bacterial outbreak that is sweeping across one of Italys most...

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