Italy

Zune entertainment services to be available via PCs, Windows Phone 7 and Xbox 360

Elements of Microsoft’s popular Zune music and movie services will be rolled out throughout Europe and some other countries this fall. Subscribers will be able to access the upcoming service through Xbox 360, Windows PCs and Windows Phone 7 phones.

HgCapital procuring TeamSystem for €565m

The UK based private equity group HgCapital, predicted to declare the acquisition of TeamSystem, the Italian accounting software manufacturer, from Bain Capital in a bid worth about €565m.

The deal shall underline that how a mounting trend for private equity groups wishes to sell their best-acting assets to each other has pumped up a rally in buy-out activity during this year.

It might also be the recent in a cord of accounting software buy-outs by HgCapital athwart Europe, including Iris Software and Computer Software Group in the UK, Addison Software in Germany and Visma in Norway.

Flights in Europe, Even Across Atlantic, Hampered with Ash Cloud

Trans-Atlantic and European flights had to face continual disturbance on Sunday, regardless of condensed volcanic activity in Iceland, as a scattering cloud of volcanic ash chunked traffic over the ocean and made its way to inland towards Italy.

The unrelenting danger of damage to airplane from the volcanic ash, which is leading to the airspace closures, has pressed pilots and airlines to call for bigger evaluation of the danger.

Harden’s UK Restaurant Guide praises Jamie Oliver's Italian restaurants

Harden’s UK Restaurant Guide 2010 said that restaurant-goers have praised Jamie’s Italian heavily.

Three-quarters of around 8,000 diners surveyed by the annual guide praised the restraint chain.

Restaurants are rate from one to five on food, service and ambiance. One stands for exceptional, while five stands for poor.

Richard Harden, Guide’s editor, said he was surprised at the verdict. He added that chef’s restaurants bridged a gap in the market by making positive contribution to the middle-market.

Fiat reveals its plans for Italy

Italian auto giant Fiat on Tuesday announced its plans to invest more than 8 billion euros in Italy and elsewhere in the coming two years as a part of an effort to capitalize on its alliance with Chrysler Group LLC.

Fiat said it wants to boost the production of cars by as much as 50 per cent in its home country.

The auto-maker said the increase in production would include the introduction of 17 new models along with 13 upgraded versions of existing models in 2010 and 2011.

Alfa Romeo Giulietta to hit the road next year

Italian manufacturer Alfa Romeo has plans to launch its striking new Giulietta hatchback in 2010.

Alfa Romeo Giulietta, which will make its first appearance at the Geneva Motor Show 2010, will hit the roads next spring. 2010 marks the Italian manufacturer’s centenary.

Alfa Romeo said that the new vehicle will comply with all Euro 5 emissions legislation as it will be equipped with start & stop technology, which cuts the engine when stopped in traffic and restarts as soon as it is required.

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