Parmalat

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The largest mobile industry get-together on the calendar, the Mobile World Congress, has been increasing its clout every year since its more humble beginnings in 1987. Photograph: Paul Hanna/Reuters

Monday Results: FBD Holdings, Associated British Foods (trading update), Hertz Global Holdings, Horizon Pharma, Trinity Mirror, UCP. Indicators: Ir(...)

Michele Ferrero, the late owner of the Italian confectioner that makes Nutella and other chocolate sweets. Photograph: STR/EPA

Michele Ferrero, Italy’s richest person and owner of the Ferrero Group, maker of Nutella spread and Kinder Surprise chocolate eggs, has died aged 89(...)

Italian airline Alitalia is currently losing close to €2 million a day.  photograph: max rossi/reuters

And now for something completely different – Italian airline Alitalia is in crisis...again. Given that this former state run, now privatised flag carr(...)