Italy

Political Troubles in Italy and US Pull Stocks Down

Political Troubles in Italy and US Pull Stocks Down

Stock Markets reacted to the political uncertainty in United States and Italy. Stocks across major world markets closed lower and Dow Jones was down by 0.7 percent.

People Getting Infected by MERS

People Getting Infected by MERS

Middle East respiratory Syndrome (MERS) is a virus which is related to Severe Acute Respiratory Syndrome (SARS).

Most Daunting Salvage Operation Begins

Sergio-Girotto

One of the biggest and most scary rescue operations till now has been initiated with an effort to drag the shipwrecked Costa Concordia upright.

This operation was postponed for nearly 3 hours due to an overnight storm. The operation began at 09:00 local time.

Researchers Close to Developing MERS Vaccine: Report

Researchers Close to Developing MERS Vaccine: Report

A second announcement in recent past has now hinted progress in the development of a preventive shot to eliminate the novel coronavirus.

EU Supports Monte Paschi under Tougher Conditions

EU Supports Monte Paschi under Tougher Conditions

European Union and Italy have agreed to bailout Banca Monte dei Paschi di Siena under stricter conditions. The third largest bank in Italy will have to undergo massive cost cuts. Economy Minister Fabrizio Saccomanni expressed that the Italian bank will have to reduce large government bond holdings to get state help.

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