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☆ Disillusioned with life in the US, she moved to Mexico seven years ago. Here’s how it completely changed her life
▼ + stars: | 2024-03-31 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +10 min

CNN —Her love affair with Mexico began at a young age, and Marjorie Skouras’ passion for the country only grew with the passing of time. Marjorie Skouras/@Marjorie_Skouras_DesignAs Skouras’ career developed and she started a family, her visits became less frequent, but her affection for the country remained. That’s all completely changed [now].”Skouras and Bardavid officially moved to Merida in 2017. “And I find that to be so peculiar.”Spanish languageMarjorie Skouras and her husband Bruno Bardavid moved from California to Mexico in 2017. There’s nothing going on here.”Seven years after packing up her life in California and heading for Mexico, Skouras’ appreciation for the country, and its people, is stronger than ever.

Persons: Marjorie Skouras, ” Skouras, las, Skouras, Bruno Bardavid, she’d, “, ”, Bardavid, “ There’s, ‘, who’ve, you’re, it’s, “ It’s, Covid, hadn’t, We’ll, Steve Katz, she’s Organizations: CNN, UCLA, CNN Travel, Kookix Music, Skouras, Gran Museo Mundo, Music School, Museo del Arte, Kookix Music School, US State Department Locations: Mexico, California, Baja California, Hacienda, las Torres, Yucatan, Corfu, Greece, Europe, Yucatán, Merida, Argentina, United States, Skouras, Dzemul

☆ A Filmmaker Needed a Quiet Place to Write. Where Better Than a Tuscan Villa?
▼ + stars: | 2024-03-18 | by ( Kurt Soller | Ricardo Labougle | ) www.nytimes.com time to read: +1 min

Moya initially planned to find a more permanent home in Paris after his working holiday. Instead, after visiting the 2,475-square-foot apartment, he decided to stay in Florence so he could write in solitude. The astronomer Galileo Galilei stayed here several times in the 17th century, until the family of artistic patrons eventually sold it off. “I like empty spaces and complete austerity because I travel for work. “But here, the question was, ‘How do we respect the woodwork?’”

Persons: Moya, ”, “, Galileo Galilei, I’m, ” Moya Organizations: ”, Villa, Medicis Locations: Paris, Florence, Italian

☆ New Florence airport terminal will have a vineyard on its roof
▼ + stars: | 2024-03-06 | by ( Arya Jyothi | ) edition.cnn.com time to read: +6 min

CNN —From the “Walkie Talkie” skyscraper in London, to the Carrasco International Airport in Uruguay, New York-based firm Rafael Viñoly Architects’ portfolio consists of hundreds of projects spanning five continents. The latest addition, announced in January, will be a new international terminal at the Aeroporto Amerigo Vespucci in Florence, the capital of the Italian region of Tuscany. Rafael Viñoly Architects“In the summer, when you need to cool the interior of the space, you do heat exchange into that mass of earth,” he says. According to Viñoly, there are provisions in the design to produce a winery under the roof, though this is not confirmed. But he questions whether too much emphasis has been placed on the look of the vineyard, rather than its sustainable benefits.

Persons: Rafael Viñoly, Amerigo Vespucci, Román Viñoly, Viñoly, ”, “, Filippo Weber, Weber Organizations: CNN, Carrasco International Airport, Rafael Viñoly Architects, Climate Network, Weber Architects Locations: London, Uruguay , New York, Florence, Italian, Tuscany

☆ How to Grow Old Like Isabella Rossellini
▼ + stars: | 2024-03-03 | by ( Lulu Garcia-Navarro | ) www.nytimes.com time to read: +3 min

Scrolling through, I often wonder how Rossellini is so comfortable in her own skin at an age when many women struggle in theirs. Her father, the director Roberto Rossellini, was a giant of Italian cinema. In the film “La Chimera,” directed by the Italian filmmaker Alice Rohrwacher and opening in theaters on March 29, Rossellini plays a Tuscan matriarch who’s aging with a lot less equanimity than Isabella herself. Well, you know, I say you need two ingredients to open a farm: optimism and ignorance. And ignorance is how hard it is — how hard it is workwise, but also to make it financially viable.

Persons: Isabella Rossellini’s Instagram, Rossellini, Ingrid Bergman, Roberto Rossellini, Martin Scorsese, David Lynch, she’s, Lancôme, ”, Alice Rohrwacher, Isabella herself, Adam Sandler, “, I’m Organizations: Swedish Hollywood Locations: Long, Swedish, Italian, Hudson

☆ More Americans are moving to Tuscany, where their money goes further, the pace is slower, and the wine flows freely
▼ + stars: | 2024-03-02 | by ( Jordan Pandy | Reed Alexander | ) www.businessinsider.com time to read: +14 min

More Americans are moving to Tuscany, a part of Italy known for medieval walled cities and wine. Some locals say it's keeping their economy alive, but others are starting to grumble. The influx of Americans, locals said, can be at once a booster of fortunes and an irritating imposition. "A lot of locals say that a place like Montepulciano cannot handle all those tourists because it's a small city," said Tudor, the jeweler. Americans, Ercolani said, "spend money and they appreciate the quality of the food and the wine that we have."

Persons: —, Leanne Davis, Davis, Jon Chewning, Chewning, It's, Georgette Jupe, Knight Frank, Florence ., they're, we've, Frances Mayer's, it's, Michele Capecchi, Capecchi, Erin Lewis, Lewis, Danilo Romolini, Luca Tudor, AJ Tuscany, Tudor, who's, Sam D'Avanzo, dell'Anfiteatro, Frank Bienewald, they've, lockdowns, Jupe, Bendetta, Cantina Ercolani, Ercolani Organizations: Service, Business, Associated Press, US Department of State, Italian National Institute of Statistics, away.com, Christie's, Estate, Locals, International School of Florence Locations: Tuscany, Italy, California, Romano, Sacramento, Montepulciano, Florence, Boccheggiano, Lucca, Siena, American, Europe, Rome, Venice, Chiusi, Austin , Texas, Houston , Texas, Italian, Switzerland, Albanian

Well, cycling fans, we have a real treat for you today as we've tracked down several free Strade Bianche live stream viewing options for both the women's and men's races, with multiple language options supported. You'll find all the channel links below, along with a guide on how to watch a free Strade Bianche live stream from anywhere. as well as these events:How to watch Strade Bianche for free from anywhereA VPN is the best way to get around geo-restrictions if you're not in one of the countries listed above, with access to a free Strade Bianch live stream today. Better yet, you can save up to 49% and get an extra three months for free today. Install it on the device you're using to watch the Strade Bianche live stream.

Persons: you'll, You'll, ExpressVPN, Strade Organizations: Business, de France, Tour de France, SBS, RAI Locations: Tuscany, Australia, Italy

☆ Send Sam Altman random ideas for AI videos — he might make them with OpenAI's new 'Sora' tool
▼ + stars: | 2024-02-16 | by ( Lauren Steussy | Huileng Tan | ) www.businessinsider.com time to read: +2 min

OpenAI's Sam Altman unveiled a new video-generating tool called Sora. Sora creates realistic videos based on user prompts, including images and longer videos. The AI company behind ChatGPT announced the new tool, Sora, on Thursday. It's designed to create realistic videos based on user prompts. In response, Sora delivered a bunch of sea creatures, some with human-like legs, biking on water.

Persons: OpenAI's Sam Altman, —, Sam Altman, ChatGPT, It's, Altman, sora, Sora Organizations: Service

☆ She arranged a date with a guy she met on a plane. When he didn’t show, she unexpectedly met her future husband
▼ + stars: | 2024-02-09 | by ( Francesca Street | ) edition.cnn.com time to read: +20 min

“I loved London,” Cristina tells CNN Travel today. Matt’s family was staying at Claridge’s, the historic, swanky five star hotel in Mayfair. Matt’s parents knew he was going on a spontaneous date. “And then they would never forward the mail.”Cristina’s idea of writing to Matt’s parents’ address was a good one. After years of working and living in Italy, Matt’s fluent in Italian.

Persons: she’d, Cristina Farina, Cristina, ”, “ Let’s, they’d, “, ” Cristina, Trafalgar Square’s, William Shakespeare’s “ Romeo, Juliet, London Here's Cristina, Matt, Matt Reinecke, Cristina gestured, he’d, Cristina couldn’t, Here's Matt, Cristina he’d, ‘, ’ ”, welling, you’ll, wouldn’t, Weeks, Claridge’s, Matt hadn’t, Read, Matt’s, Matt wasn’t, Florence Matt, Matt reckons they’d, ” Matt, Cristina’s, Davide, Francesca, Cristina Farina Matt, they’re, ” Here's Matt, Ludovica Barone, They’ve, – Organizations: CNN, Florence, Heathrow Airport, CNN Travel, Bond, Cristina’s Locations: London, Trafalgar, California, Claridge’s, Mayfair, Hyde, Italy, Europe, ”, Florence, Greece, San Francisco, Francisco, San Francisco’s, Prato , Tuscany, Thailand, Malaysia, Singapore, Indonesia, Australia, Milan, Turin, Tuscany, American, “, Italian

☆ He moved to Italy with his husband. Then his ex-wife bought a home down the road
▼ + stars: | 2024-02-03 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +14 min

Over five decades later, Randy Allen and Cindy Harding Nannarelli from the US are both living in Italy with their husbands. In fact, the two couples’ homes in Noto, Sicily are located just a short distance from each other. “There was a long period where we lost touch,” says Randy, explaining that he moved around a lot during that time. Randy AllenAs Steve had never been to Italy before, they traveled there soon after, and Randy was able to introduce his new husband to Cindy and Sandro. Randy, Steve and Cindy have all found life in Italy to be more affordable than in the US.

Persons: CNN —, Randy Allen, Cindy Harding Nannarelli, ” Randy, Randy, Cindy, Randy Allen “, ”, “, Sandro, Italy “, Steve Bertiz, Steve, Mimi, Lola, Donald Trump, Steve “, Florence –, they’d, grandmother’s, wouldn’t, ‘, ’ ” Randy, Luigi, they’ve, Giorgia Meloni, ’, Fried, ” Cindy, Sandro wasn’t, “ Noto, “ We’re, you’re Organizations: CNN, CNN Travel, Social Security Locations: California, Italy, Noto, Sicily, Europe, Italian, Florence, Germany, Mexico, Portugal, ”, San Francisco, Noto , Sicily, Noto . “, American, Greece, America

☆ They fell in love on vacation but went their separate ways. Four years later, she sent him an email: ‘Remember me?’
▼ + stars: | 2024-01-26 | by ( Francesca Street | ) edition.cnn.com time to read: +23 min

Long distanceAfter Dan visited Gabriella in Italy, Gabriella visited Dan in the US. Gabriella Vagnoli and Dan WatlingA couple of months later, Gabriella planned a trip to the US to visit Dan in Chicago. But despite being tired from the flight, Gabriella felt immediately welcomed by Dan’s family. Gabriella Vagnoli and Dan WatlingToday, Gabriella and Dan live in Seattle with their two teenage kids. While a love of adventure unites them, Gabriella and Dan insist they’re quite different in many other ways.

Persons: CNN — Gabriella Vagnoli, ”, Dan Watling, Dan, they’d, Gabriella, She’d, I’m, he’s, –, ” Gabriella, Gabriella Vagnoli, Bill Watling Gabriella, Loch, Bill “, He’d, ” Dan, Bill, “, ’, Gabi, Dan didn’t, she’d, Gabriella couldn’t, Skye, strode, Gabriella “, Read, Gabriella’s, he’d, Dan couldn’t, “ It’s, ’ ”, “ We’re, Dan Watling Gabriella, Siena, Dan’s, ‘ I’m, Dan Watling “, San Giuliano, who’d, “ Dan, ‘, Walter Moretti, “ Michelangelo, Dan haven’t, they’ve, they’re, He’s, it’s, we’re, Storr, ” “ Organizations: CNN, Google, CNN Travel, Scottish Highlands, Piazza del Campo, Italian, Chicago, Rio, “ Locations: Scotland, Italy, Loch Ness, Isle, Skye, Europe, Scottish, Germany, Portugal, Edinburgh, Chicago, Pisa, Rome, Urquhart, glens, 1111IESPDJ, America, Munich, Siena, Piazza, Bryce, Italian, Gabriella's, Galena , Illinois, Tuscan, San, Brazil, Rio de Janeiro, Rio, Seattle , Washington, Seattle

☆ Winning images from 2023 Travel Photographer of the Year contest reveal world’s beauty and tragedy
▼ + stars: | 2024-01-22 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Mist rising from the Tuscan hills, a tiny fish staring at the ocean from inside the neck of a glass bottle, and a pangolin tucked contentedly under the chin of her carer are among the winning entries from the 2023 Travel Photographer of the Year competition. Shot all around the globe, the images illuminate both the beauty and tragedy that arise when humans interact with the natural world. Judges crowned Slovenian photographer AndreJa Ravnak the overall winner for her depictions of dream-like European landscapes, after considering more than 20,000 images submitted by photographers from more than 150 countries. Meanwhile, 14-year-old Caden Shepard Choi won the Young Travel Photographer of the Year award for her black-and-white series of photos depicting the Navajo people of Chinle, Arizona herding sheep, shearing them and then weaving with the wool. All the winning photos can be viewed online, or at an exhibition held at the NEC in Birmingham, UK from March 16-19 and at Xposure in Sharjah, UAE.

Persons: AndreJa Ravnak, “ I’ve, ”, “, Athanasios, Martin Broen, Armand Sarlangue, Shepard Choi, Lilly Zhang Organizations: CNN, Conservation, Young, NEC Locations: Siberia, Mexico, Chinle , Arizona, Pennsylvania, Birmingham, Xposure, Sharjah, UAE

Try going for a stroll in much of Guatemala City: It is a pedestrian’s nightmare. Rifle-grasping guards squint at each passerby, sizing up potential assailants. But tucked within the chaotic capital’s crazy-quilt sprawl, there is a dreamlike haven where none of that exists. Evoking the feel of a serene Mediterranean town, Cayalá features milky white buildings with red-tile roofs, a colossal civic hall with Tuscan columns, cafes and high-priced restaurants, colonnade-lined plazas and walkable, stone-paved boulevards. All of this is open to the public — except for the gated sections where about 2,000 families live.

Locations: Guatemala City, Cayalá, States

☆ This US couple bought a 400-year-old Italian tower on a handshake. Here’s what happened
▼ + stars: | 2024-01-09 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +9 min

“I just had a passion for Italy,” Aileen tells CNN Travel. Italian dreamTom and Aileen White purchased a home in the Italian village of Exilles back in 2017. “They met us the next day and we bought the house on a handshake,” explains Aileen, who runs a real estate consultancy. The couple say they faced some minor issues during the sale process, particularly with regards to opening an Italian bank account, but were able to overcome this hurdle with the help of an Italy-based attorney. ‘Magical place’The couple say that they've been embraced "like family" by the local community in Exilles.

Persons: Aileen, Tom Winter, who’ve, “, ” Aileen, Tom, Aileen White, ”, they've, ’, Winters, they’ve, Torre Piccolo, Li Americani, “ Everyone’s, it’s, ” “, Exilles, “ We’ve, they’re, “ Don’t, he’s Organizations: CNN, CNN Travel, realtors, Gran Bosco, Torre Piccolo Locations: Italy, Boulder , Colorado, Susa, Piedmont, Italian, Exilles, Turin, “, ”, Provence, Tuscany, Spain

☆ Travel news: The world’s most peaceful countries in 2023
▼ + stars: | 2023-12-02 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN —In travel news this week: the world’s leading destinations for neighborliness and tranquility, what’s trending in aircraft interiors and top picks for city getaways and Asian hotels. World’s most peaceful countriesWhat do Iceland, Denmark and Ireland have in common, other than being Northwestern European countries with oceanic climates and gorgeous, green landscapes shaped by ancient glaciers? That’s what’s promised by Lufthansa Technik’s new cabin design for the upcoming BBJ 777-9 — the private jet version of Boeing’s new widebody aircraft, the 777X.

Persons: Hong Kong’s, That’s what’s, doored, —, ” Organizations: CNN, Northwestern, for Economics, Lufthansa, Geographic, Royal Caribbean Locations: getaways, Iceland, Denmark, Ireland, Hong Kong, Belfast, Northern Ireland, Lima, Samarkand, Uzbekistan, Cairo, Angeles

☆ The Super Rich No Longer Try To Support Their Societies - The New York Times
▼ + stars: | 2023-11-19 | by ( Guido Alfani | ) www.nytimes.com time to read: +4 min

Nobody made this point better than the Tuscan humanist Poggio Bracciolini. Indeed, the rich merchants who were the main “victims” of forced loans were also the rulers of patrician republics and understood they were contributing their private resources to the public good. These loans proved to be a poor investment, as the interest tended to become negative in real terms because of hyperinflation. Of course, historically, wars provide the best possible motivation to ask citizens to contribute more: either with their blood or with their cash. For example, this was explicit in the fiscal package introduced in the United States as part of Franklin Roosevelt’s New Deal.

Persons: Poggio Bracciolini, avaritia, Liberty Bonds Organizations: Liberty Locations: Europe, Italy, Venice, Ottoman Empire, United States, Britain, Franklin Roosevelt’s

☆ MPS gets dismissal of $481 mln in claims upheld in court
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

MILAN, Nov 9 (Reuters) - Milan's civil appeals court on Thursday upheld a ruling rejecting a 450 million euro ($481 million) damage claim brought by Luxembourg-based fund Alkem against Monte dei Paschi di Siena (BMPS.MI), the bank's former top management and its adviser Nomura , the court said in a statement. The rulings are beneficial for MPS which is 64% owned by the state following a 2017 bailout, and must be re-privatised. Alken had sought around 450 million euros in compensation and Virmont SA another 4.7 million, the court said, adding there were further smaller claims from some Italian investors. The civil appeals court in Milan also cited the ruling of the criminal court of appeal in Milan that had acquitted all the defendants in the case centring around the two derivatives deals, a decision confirmed by Italy's top court last month. ($1 = 0.9356 euros)Reporting by Emilio Parodi, editing by Valentina ZaOur Standards: The Thomson Reuters Trust Principles.

Persons: Siena, Nomura, Alken, Emilio Parodi, Valentina Za Organizations: MILAN, Monte dei, Deutsche Bank, Nomura, MPS, Virmont SA, Thomson Locations: Luxembourg, Milan

☆ Monte dei Paschi beats profit forecast, strengthens capital
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

View of the logo of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which faces massive layoffs as part of a planned corporate merger, in Siena, Italy, August 11, 2021. REUTERS / Jennifer Lorenzini/File Photo Acquire Licensing RightsMILAN, Nov 8 (Reuters) - State-owned Monte dei Paschi di Siena (BMPS.MI) on Wednesday became the latest Italian bank to surprise markets with stronger-than-expected third-quarter earnings thanks to a boost from higher rates. Monte dei Paschi (MPS) is 64% owned by the state, which is working on reducing its stake in the Tuscan lender in line with re-privatisation commitments taken with the European Union. High-street banks in Italy have been able to keep at a minimum the portion of the increase in official rates they pass onto depositors. MPS said its core capital ratio had strengthened further in the quarter to 16.7%, above expectations and up from 15.9% at the end of June.

Persons: Jennifer Lorenzini, Siena, Valentina Za, Robert Birsel Organizations: REUTERS, Wednesday, European Union, MPS, Thomson Locations: dei, Siena, Italy

☆ Five killed as floods hit Italy's Tuscany region
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

[1/5] An aerial view shows flooding following heavy rains in Prato, Tuscany, Italy November 3, 2023, in this screen grab taken from a handout video. However, Giani said the death toll had risen to five after rain swept away cars and forced people to evacuate the lower floors of buildings. The government was expected to declare a state of emergency which would allow the rapid release of help for Tuscany. The governor of Tuscany said there were challenging issues around two large rivers in the area, the Bisenzio, north of Florence, and the Ombrone, in the southern part of the region. Another person was missing in the northeastern Veneto region, the local governor was quoted as saying by Sky TG24.

Persons: Storm Ciaran, Eugenio Giani, Giani, Luigi D'Angelo, Giorgia Meloni, Sky, Ciaran, Giulia Segreti, Federico Maccioni, Keith Weir, Sonali Paul, Mark Heinrich Our Organizations: Fire Brigade, REUTERS Acquire, Rights, Civil, Sky, Thomson Locations: Prato , Tuscany, Italy, Rights FLORENCE, Italian, Tuscany, Europe, Florence, Pistoia, Rosignano, Montemurlo, Veneto, Northern Ireland, Britain, Belgium, Netherlands, France

☆ Last two Scudetto winners come face to face as Napoli host Milan
▼ + stars: | 2023-10-26 | by ( Trevor Stynes | ) www.reuters.com time to read: +3 min

Oct 26 (Reuters) - This weekend's Serie A fixtures pit the last two Scudetto winners against each other, as defending champions Napoli host AC Milan on Sunday. Inter Milan were first to break Juve's stronghold in 2021, followed by their rivals Milan, before Napoli finally won their third Scudetto last season, and first without Diego Maradona. Now, those three sides, along with Juventus, are battling it out for this season's league title, and the Diego Armando Maradona stadium will see Napoli attempt to stay in the title race against Milan. Verona who won their opening two games, have picked up just two points in the seven games since then. Lazio have already lost four league games this season, but have now won their last two, taking them to 10th in the standings, and on Monday they host high-flying Fiorentina.

Persons: Diego Maradona, Diego Armando Maradona, Rudi Garcia, Garcia, Victor Osimhen, Khvicha, Romelu Lukaku, Jose Mourinho won't, Mourinho, Roma, Trevor Stynes, Christian Radnedge Organizations: Napoli, AC Milan, Sunday, Juventus, Inter Milan, Milan, Inter, Torino, Juve's, Hellas Verona, Champions League, Georgian, Verona, Tuesday's Champions, Union Berlin, MOURINHO, AS Roma, San, Monza, Juve, Lazio, Fiorentina, Empoli, Thomson Locations: Naples, San Siro, Portuguese, Napoli

☆ This Tuscan Red-Wine Bargain Is Better Than Ever
▼ + stars: | 2023-10-20 | by ( Lettie Teague | ) www.wsj.com time to read: 1 min

WHY ARE less-acclaimed wines so often compared to their more-famous counterparts by means of a diminutive term? I’m thinking of Rosso di Montalcino, the red wine from Tuscany that’s often referred to as “baby Brunello.” Although Brunello di Montalcino and Rosso di Montalcino are made in the same place from the same grape, Brunello is considered one of the world’s best wines; Rosso, more of an also-ran. But is that fair, or even accurate? Talking with Brunello producers in the past several weeks, I found them just as focused on making a first-rate Rosso as a great Brunello. After tasting some 15 Rossos, I think many of those producers have succeeded in making Brunello-like wines that cost a lot less.

Persons: Rosso di Montalcino, Montalcino, Rosso Locations: Tuscany

☆ Italy picks UBS, Jefferies, Clifford Chance for MPS privatisation
▼ + stars: | 2023-10-20 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

People pass in front of a branch of Monte dei Paschi di Siena (MPS) bank in Siena, Italy, August 11 2021. REUTERS / Jennifer Lorenzini/File Photo Acquire Licensing RightsROME, Oct 20 (Reuters) - Italy's Treasury said on Friday it had picked UBS (UBSG.S) , Jefferies and Clifford Chance as financial and legal advisers for the privatisation of bailed-out bank Monte dei Paschi di Siena (MPS) (BMPS.MI). After a failed attempt to sell the Tuscan lender to larger peer UniCredit (CRDI.MI) in 2021, Italy agreed to Brussels' new privatisation terms that were never fully disclosed. However, Economy Minister Giancarlo Giorgetti said this week MPS could return to private hands by the end of next year. Both Giorgetti and Prime Minister Giorgia Meloni have said in recent months that the government would try to boost competition among Italy's banks with the privatisation of MPS.

Persons: Jennifer Lorenzini, Jefferies, Clifford Chance, Giancarlo Giorgetti, Giorgia Meloni, Gavin Jones, Richard Chang Organizations: REUTERS, Rights, Treasury, UBS, European Union, MPS, Banco, Reuters, Thomson Locations: Monte dei, Siena, Italy, Rome, Brussels

☆ Top Italy court confirms acquittals in Monte dei Paschi derivatives case
▼ + stars: | 2023-10-11 | by ( Marco Carta | ) www.reuters.com time to read: +2 min

View of the entrance to the headquarters of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which is facing massive layoffs as part of a planned corporate merger, in Siena, Italy, August 11, 2021. Among the 15 defendants cleared by Italy's Supreme Court of Cassation were former MPS Chairman Giuseppe Mussari and its former Managing Director Antonio Vigni and Deutsche (DBKGn.DE) and Nomura (8604.T). The appeals court cancelled seizures imposed on Deutsche Bank and Nomura Holdings Inc (8604.T) for 64.9 million and 88 million euros, respectively. The case centred on two derivatives transactions — dubbed Alexandria and Santorini — that Nomura and Deutsche Bank arranged for MPS in 2009. MPS, the world's oldest bank still in business and Italy's fifth biggest listed lender, had reached a court settlement in 2016 in the derivatives case at a cost of 10.6 million euros.

Persons: Jennifer Lorenzini, Siena, Giuseppe Mussari, Antonio Vigni, Nomura, Marco Carta, Keith Weir, Valentina Za Organizations: Monte, REUTERS, Rights, Monte dei, Deutsche Bank, Nomura, Italy's, Cassation, Deutsche, Nomura Holdings Inc, MPS, Prosecutors, Thomson Locations: Monte dei, Siena, Italy, Milan, Alexandria

As tourism returns to prepandemic levels across Italy, travelers itching to visit Florence face a delicate dilemma: how to experience the Tuscan capital’s Renaissance grandeur while remaining sensitive to the damage mass tourism inflicts. One solution is to travel outside of the high season, but even in the fall, visitors will face crowds at the Galleria dell’Accademia and at the Uffizi (especially if the latter reopens the long-shuttered Corridoio Vasariano to the public this year, as planned). Even better is to approach Florence not as a historical theme-park, but as a living city, by seeking out lesser-known pockets and new projects — from an ambitious cultural complex to a tiny trattoria run by passionate young Florentines — that will help sustain this city for years to come.

Persons: Florence Organizations: Florence Locations: Italy

☆ She went on a solo trip to Italy. Right away she met the love of her life
▼ + stars: | 2023-09-22 | by ( Francesca Street | ) edition.cnn.com time to read: +14 min

CNN —Kacie Rose Burns walked into the Florence jazz bar, alone. “That place is, let’s say, unconventional for Florence,” Dario tells CNN Travel. And before long, Dario was planning a trip to visit New York. Then, Kacie and Dario packed up their life in New York and got ready to move across the Atlantic. While her social media presence was getting bigger, for the first few months in Florence, Kacie and Dario’s IRL world remained small.

Persons: CNN — Kacie Rose Burns, “ I’ll, Kacie, “, ”, ” Kacie, Italian I’ve, –, ‘, Florence, “ I’m, Dario, Jamie Lee, Dario Nencetti, ” Dario, Kacie he’d, he’d, It’s, Kacie Rose Burns, Florence’s Ponte, Lizzie McGuire, I’m, “ You’re, “ You’ll, Dario wasn’t, He’d, they've, York City’s, Kacie’s, She’d, thrall, Covid, They’d, Acclimatizing, didn’t, Italy It's, we’ve, he’s, “ We’re, I’ve, it’s Organizations: CNN, CNN Travel, Italian, Jazz, Firenze, York, IRL, Google Locations: Florence, Yorker, Italy, New York, Rome, Venice, there’s, Scotland, Japan, Miami, Kacie, Brooklyn, Kacie’s New York, “

☆ Italy has no buyers for Monte dei Paschi, eyes small share sales instead of exit, sources say
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

General view of a branch of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which is facing massive layoffs as part of a planned business merger, in Siena, Italy, August 11 2021. Reuters was first in May to report the Treasury was open to selling down its Monte dei Paschi (MPS) stake on the market if conditions were right. Though the Treasury is considering cutting its stake with share placements, it would retain majority ownership, one of the sources said. Bankers said the capital raise has made any deal more expensive for any buyer, complicating the prospect for a merger. Reporting by Giuseppe Fonte in Roma and Valentina Za in Milan; editing by Alvise ArmelliniOur Standards: The Thomson Reuters Trust Principles.

Persons: Jennifer Lorenzini, Rome, Luigi Lovaglio, Lovaglio, Giuseppe Fonte, Valentina Za, Alvise Organizations: REUTERS, European, Reuters, Treasury, EU, MPS, Banco, Bankers, Thomson Locations: Monte dei, Siena, Italy, Roma, Milan

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