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Italian fashion house Valentino aims to sell around a quarter of the company in an initial public offering (IPO) which will not take place before the second half of 2018, a source close to the matter told Reuters.

Court papers: Eni CEO Claudio Descalzi knew $1.3 billion payment would be mostly for bribes

The Italian Olympic and Paralympic teams will be wearing Armani-designed uniforms at the upcoming Winter Games in Pyeongchang, South Korea, marking the fourth consecutive set of Olympic contests for which the Milan-based label has been the official outfitter of the teams.

After 160 years of lending a rakish look to the likes of Winston Churchill, Humphrey Bogart and Indiana Jones, an iconic Italian hat company has been declared bankrupt.

Forget mistletoe, Christmas is not Christmas in Italy without a slice of panettone -- and festivities kicked off in Milan on Sunday with free slices of the biggest Italian candied cake in the world.

The body of King Victor Emmanuel III has returned to Italy from Egypt, 70 years after he died there in exile. But the royal reburial has brought back difficult memories for many and caused anger, as the BBC's Sofia Bettiza in Rome reports.

Italy’s lower house has approved an amendment to the government’s 2018 budget bill that establishes a 3 percent tax on some internet transactions, down from the initial 6 percent.

Some say Italians have the mafia to thank for something.  Keeping ISIS at bay.

Austria’s new coalition government will press ahead with plans to offer citizenship to the German-speaking minority in Italy, it said on Tuesday, but pledged to consult with Rome on the project that risks reopening century-old wounds.

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