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BESIDES being a filmmaker and a winemaker, Francis Ford Coppola has owned hotels and resorts since the 1980s. With his latest, Palazzo Margherita,palazzomargherita.com, in Bernalda, Italy, he now owns five properties.

The New York Wine Expo, held at the Jacob K. Javits Convention Center from March 2 to March 4, had a little something for everyone

Mediaset SPA, Italy’s biggest private broadcaster, may have to reduce staff if the Italian economy continues to lag behind that of Europe, forcing the company to cut costs, Chairman Fedele Confalonieri said.

Strapped for cash as it seeks to avoid falling victim to the European debt crisis, Italy’s parliament is debating a controversial measure that will force church-owned properties to pay property taxes.

Americans are drinking an increasing amount of sparkling wine. U.S. sparkling wine sales continued to increase at a higher rate than table wine brands for the third straight year in 2011 and now amount to about 5 percent of the U.S. wine market.

Imports from France still lead the sparkling wine category, but Italian sparkling wine exports are on the increase, having risen by 36 percent in 2011.

 Italian automaker Fiat is opposed to any sort of car incentives to help boost Italy's slumping domestic market, Chief Executive Sergio Marchionne said on Tuesday at a press conference at the Geneva car show. 

The first hearing of the criminal investigation into the Costa Concordia's shipwreck was held in a theater Saturday instead of a courthouse because of high demand, with angry survivors seeking compensation, justice and the truth.

Coca Cola the US soft drinks company, confirmed it would renegotiate a contract with a local juice supplier in the south of Italy for the production of Fanta, reversing a recent decision that raised concerns by local authorities and farmers over the economic fallout for the area.

Italy’s government of appointed technocrats is not just shaking up a moribund economy, but also raising hopes among a disaffected electorate of a profound political change.

Whether dining in an elegant Italian restaurant, a friendly neighborhood trattoria, a pizza kitchen or at home, Italian cuisine has always been one of America’s all-time favorites.

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