NEW YORK (Reuters) – Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. In a … Read more
A luxury cruise ship ran aground off the coast of Tuscany, gashing open the hull and forcing some 4,200 people aboard to evacuate aboard lifeboats to a nearby island early Saturday. At least three were … Read more
Asian stock markets rose Friday, continuing to be buoyed by a European deal aimed at slashing Greece’s massive debt and preventing the crisis from engulfing too big to bailout countries such as Italy.
An Italian appeals court threw out Amanda Knox’s murder conviction Monday and ordered the young American freed after nearly four years in prison for the death of her British roommate.