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Fiat-Chrysler to produce iconic Jeep in China from 2015

A combo of file images shows the logos of Italian car manufacturer Fiat and US automobile heavyweight Chrysler. AFP FILE PHOTO

Automaker Fiat-Chrysler said on Saturday that it would begin producing the iconic American brand Jeep in China from 2015 to meet demand in the world’s largest car market.

Posted: April 19th, 2014 in Latest Business Stories | Read More »

Recession-hit Italians return to vineyards for harvest


Hard-up Italians have increasingly taken the place of immigrant seasonal laborers in the vineyards this harvest season – and a new pilot project plans to increase the number even further.

Posted: September 22nd, 2013 in Latest Business Stories | Read More »

Italy to shut New Jersey consulate, Sinatra’s home

Palazzo Chigi - Consiglio dei Ministri

Italy is closing its consulate in New Jersey, the home state of Frank Sinatra and Frankie Valli.

Posted: September 21st, 2013 in Latest Business Stories | Read More »

PH, Italy boost air deal to 14 flights a week


The Philippines and Italy completed this week a successful round of air talks, resulting in increased flights between the two countries, an official of the Civil Aeronautics Board said late Thursday.

Posted: September 6th, 2013 in Headlines | Read More »

Euro under pressure in Asia on Cyprus, Italy worries


The euro came under further selling pressure in Asia Thursday owing to concerns about Cyprus as it prepares to reopen its banks after the weekend bailout, while political uncertainty in Italy also weighed.

Posted: March 28th, 2013 in Latest Business Stories | Read More »

Oil rebounds in Asia but Italy deadlock weighs

A woman waits beside a taxi fuelling up at a Sinopec gas station in Beijing.   AFP FILE PHOTO

Oil prices rebounded in Asia Wednesday but analysts said sentiment remains hobbled by fears that deadlock in the Italian elections could derail the eurozone’s nascent recovery.

Posted: February 27th, 2013 in Latest Business Stories | Read More »

Fiat boss eyes Chrysler merger in 2014

Fiat and Chrysler CEO Sergio Marchionne speaks during the unveiling of a Maserati plant in Grugliasco, near Turin, Italy, Wednesday, Jan. 30, 2013. Marchionne said Sunday, Feb. 3, 2013, that he expected the merger of the Italian car giant and its US partner Chrysler will take place in 2014.  AP PHOTO/DANIELE BOTTALLO, LAPRESSE

Fiat boss Sergio Marchionne said Sunday that he expected the merger of the Italian car giant and its US partner Chrysler will take place in 2014.

Posted: February 4th, 2013 in Latest Business Stories | Read More »

Summer of gloom for crisis-hit Rome shops

A woman sleeps in front of a closed shop window in Rome on Aug. 16, 2012. As the economic crisis hits locals and tourists alike, many shops have little choice but to close for good.  AP PHOTO/GREGORIO BORGIA

It is not just stifling summer heat that is keeping shoppers at bay on Rome’s Via del Corso. As the economic crisis hits locals and tourists alike, many shops have little choice but to close for good.

Posted: August 19th, 2012 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Monti fears eurozone crisis could tear Europe apart

In this July 4, 2012, file photo Italian Premier Mario Monti gestures as he speaks during a joint press conference with German Chancellor Angela Merkel, unseen, during a bilateral meeting at Villa Madama in Rome. German news magazine Der Spiegel on Sunday, Aug. 5, 2012, quoted Monti as saying in an interview that "the tensions accompanying the eurozone over the past years already bear the signs of a psychological dissolution of Europe."  AP PHOTO/RICCARDO DE LUCA

Italian Prime Minister Mario Monti has voiced fears that tensions sparked by the eurozone crisis have already turned countries against each other and must not be allowed to rip Europe apart.

Posted: August 6th, 2012 in Latest Business Stories | Read More »

Fiat to temporarily suspend production at Italy plant

In this December 14, 2011, file photo, Fiat and Chrysler CEO Sergio Marchionne gestures next to the Fiat Panda model, at the Pomigliano D'Arco Fiat plant, near Naples, Italy. Fiat said Wednesday, July 18, 2012, that it will close the Pomigliano plant, which makes the subcompact Panda model, from Aug. 20 to 31 to avoid "the useless and costly accumulation of vehicles." The extraordinary shutdown is in addition to a month-long holiday closure that begins July 23.  AP PHOTO/LAPRESSE

Auto giant Fiat will temporarily suspend production at one of its Italian plants between August 20 and 31 in response to slumping European car sales, the company said Wednesday.

Posted: July 19th, 2012 in Latest Business Stories | Read More »

Shell ignites Ferrari’s passion for speed

SHELL has always been a key partner of Ferrari in every round of the Formula One World Championship race since 1950.

There is one peculiar sight that is hard to miss in a tour of the Ferrari factory in Maranello, Italy: situated near the end of the final assembly line is a lone Shell gasoline pump ready to breathe life into each of the newly crafted California and FF sport cars.

Posted: July 11th, 2012 in Motoring | Read More »

In the company of (car) gods

NO camera allowed inside, some of the world’s luckiest employees work here. CHARLES BUBAN

This northern town which has been the home base of Ferrari since 1943, is a study in contrast.

Posted: July 4th, 2012 in Motoring | Read More »



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