US-based fund Oaktree announced on Wednesday that it is the new owner of Serie A champions Inter Milan after the previous owners, China’s Suning, failed to pay off a 395-million-euro debt by Tuesday’s deadline.
Only time will tell if Oaktree can keep the good times rolling at Inter. (Photo: ANSA)
Suning had borrowed 275 million euros three years ago from Oaktree at an interest rate of over 12 per cent ...
Italy is a key NATO ally but must raise military spending up to the requested 2 per cent of GDP in line with other members, a high-ranking official in the alliance said.
Italy wrapped up their best-ever European Athletics Championships with another haul of medals on the last day of Roma 2024 on Wednesday.
Mattia Lucarelli and Federico Apolloni, two young Livorno footballers accused of sexual assault, were sentenced to three years and seven months by a Milan preliminary hearings judge on Wednesday.
Atalanta forward Gianluca Scamacca revealed that he saw a psychologist after not being called up for Italy’s trip to the US earlier this year for friendlies against Venezuela and Ecuador.
Giorgia Meloni said she was confident the 2024 G7 summit will delivery “concrete results” as she welcomed the gathering of top international leaders to Puglia on Thursday.
Italian opposition parties said Thursday that they will stage a protest in Rome on Tuesday after an MP for the 5-Star Movement (M5S) needed medical attention after a brawl in the Lower House on Wednesday.
Italy’s Gregorio Paltrinieri won gold in the 10 km free water at the European Championships in Belgrade on Wednesday.
Business and Made in Italy Minister Adolfo Urso on Wednesday hailed the European Union almost doubling duties on Chinese electric cars to as much as 38 per cent.
The Italian Senate on Wednesday approved the key part of the government’s bill to reform the Constitution to introduce the direct election of the prime minister by the Italian people.
Boosted by the stunning showing of her party in last week’s European elections, Giorgia Meloni is preparing to host the 2024 G7 summit in the Puglia from Thursday until Saturday.
