It has been revealed in a recent report that the borrowing costs in Italy have climbed up to their highest since the time Rome joined in the league with Euro. The new Government of Mario Monti is feeling much pressure of need for quick action. The euro zone crisis is simply moving around in circles with no getting away since a long time now.

Italian restaurant group, Autogrill and US based Starbucks Coffee Company has announced an extension of 10-years in their partnership. Autogrill group and Starbucks have planned to open another 120 new outlets. The more outlets will be opened at airports and highways.

According to a study which was conducted by the Italian researchers, olive oil and green leafy vegetables make the heart healthier and reduce the risk of heart diseases in women.

The study report said that the women eating more olive oil and leafy vegetables are extensively at lower risk of cardiovascular diseases in long time.

It has been learnt via some sources that the Bank of Italy has demanded from UniCredit SpA, which is Italy's biggest bank, to name the successor as soon as possible.

For now, the CEO of the firm had been Alessandro Profumo.

Scientists in the University of Florence have discovered that depressed men with erectile dysfunction develop risk for cardiovascular related problems.

Europe's top bankers are in talks for a proposal for a €20bn private sector European Recovery Fund, which could post security for failed banks in the event of one more monetary catastrophe.

Italian researchers have reported that about 12 people have regained their sight in a successful experiment conducted with some partly blind and severe eye damage suffering people. This was revealed in a study published online in the New England Journal of Medicine.

A new study conducted by Italian scientists found that applying magnets to the brains of patients suffering from Alzheimer's can improve their symptoms. This method will help patients to understand what is said to them.

The U.S. aircraft giant Boeing Co. has announced to submit a bid in a view to develop the next U.S. presidential helicopter with the assistance of Italian defense and aerospace Company Finmeccanica SpA.

Subsequent to the pull off of the deal by UK peer Prudential , the Italy's well-known insurer, Assicurazioni Generali , said that it was yet too early to confirm its deal, whether it was interested for American International Group's Asian assets.