Day: April 10, 2025

Italian Bond Spread Plunges After Tariff Pause

Rome: The spread between Italy’s 10-year BTP bond and the German Bund plunged by 12 basis points to 116 after the opening of trading on Thursday following US President Donald Trump’s decision to pause the hefty tariffs he imposed on many countries.

Prada Buys Versace for 1.25 Billion Euros

Milan: Prada on Thursday bought Versace for 1.25 billion euros, the Italian fashion house announced. Prada stated that it has entered into a definitive agreement for the acquisition of 100% of Versace from Capri Holdings.

According to Ansa News Agen…

2 Italians Among Victims of Santo Domingo Nightclub Collapse

Santo Domingo: Two Italian citizens are among the victims of the collapse of the nightclub in Santo Domingo that caused at least 218 deaths last Tuesday, informed sources said Thursday. One of the victims has dual Italian and Dominican passports, they…

EU States Can Designate Safe Countries – ECJ Advocate General

Brussels: Advocate General of the European Court of Justice (ECJ) Richard de la Tour stated Thursday in an opinion related to the agreement between Rome and Tirana for Italian-run migrant-processing centers in Albania that it is legitimate for nationa…

Tennis: Musetti Beats Berrettini in Monte Carlo

Monte Carlo: Lorenzo Musetti beat Matteo Berrettini 6-3 6-3 in the last 16 of the Monte Carlo Masters 1000 on Thursday. The match showcased a surprising performance from Musetti, who managed to secure a victory against a higher-ranked opponent.

Acco…