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A powerful 6.2-magnitude earthquake devastated mountain villages in central Italy on Wednesday, leaving at least 18 people dead and many more unaccounted for.
Italy was the biggest exporter and producer of wine in the world in 2015, while the United States consumed the most of Italian wine.
A state-backed "bad bank" that would take over non-performing loans from a country's banks could also be an option for other countries.
Italy and the European Union on Tuesday reached agreement on creating a guarantee vehicle to help Italian banks sell bad loans.
EU nations may delay a decision on whether to roll over economic sanctions against Russia.
Kazakhstani B-Boy from Astana Nikolai Chernikov, aka Killa Kolya, took part in the Red Bull BC One Italy World Final in Rome.
Anuarbek Musin, Commissioner General for the national section at the EXPO 2015 has received the flag for the upcoming EXPO-2017 that is to take place in Astana, Kazakhstan.
Italy's top bank UniCredit announced plans to shed over 18,000 jobs in an effort to stay profitable as low interest rates and the weak economy weigh on earnings.
The shy children from a dog-eared photograph found in the pocket of a migrant drowned off Italy may never know what happened to the man who might have been their father.
Pope Francis pledged to forge ahead with reforms within the Church, while decrying "deplorable" leaks over uncontrolled spending by the Vatican.
Emerald waters gushed from Rome's Trevi fountain and spotlights lit up its gleaming Baroque facade as the taps were turned back on after a 16-month clean-up to cheers from delighted tourists.
Luxury fashion company Fendi unveiled its new headquarters in a long-abandoned, now renovated architectural folly created by the WWII fascist leader Benito Mussolini in Rome.
Volkswagen said it will recall a total of 8.5 million diesel vehicles Europe-wide as police raided the carmaker's office in Italy and those of its sports car unit Lamborghini over a global pollution-cheating scandal.
Kazakhstani cycler Alexey Lutsenko of Astana Pro Team has won the Tour of Almaty for the second time.
Vincenzo Nibali of Kazakhstan's Astana Pro Team has won the 109th edition of the Tour of Lombardy (Il Lombaria) after an intense climb.
Italian Prime Minister Matteo Renzi was poised for a historic victory as the Senate votes to relinquish most of its power in a revolutionary move to end decades of political instability.
Dubbed "the princess of migrants", a Nigerian baby born on the Italian ship that rescued her mother in the Mediterranean has become a symbol of hope for those braving the perilous crossing in search of a new life.
Vincenzo Nibali, the captain of Kazakhstan's Astana Pro Team celebrates the victory in Tre Valli Varesine race.
Giorgio Armani had three important things to say: yes, he can do colours other than grey and beige, no, he is going nowhere and no, he has not had a nose job.
President Nursultan Nazarbayev has appointed Sergey Nurtayev the new Ambassador of Kazakhstan to Italy.
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