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    <title>The Local Italy</title>
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    <description>Read the latest news and views from Italy in English</description>
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        <item>
        <title>
            UniCredit beats expectations with rise in profits
        </title>
        <description>
            Italian bank UniCredit, in the midst of a
massive overhaul, said on Thursday that its net profit rose modestly in the
second quarter, beating expectations.
        </description>
        <link>
            https://www.thelocal.it/20170803/unicredit-beats-expectations-with-rise-in-profits
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        <pubDate>Thu, 03 Aug 2017 11:49:43 +0200</pubDate>
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        <title>
            UniCredit&#039;s second-quarter profits soar by 75 percent
        </title>
        <description>
            UniCredit, Italy&#039;s largest bank, said on Wednesday its net profit soared 75 percent to €916 million ($1.0 billion) on increased revenues and cost cutting measures.
        </description>
        <link>
            https://www.thelocal.it/20160803/unicredit-says-second-quarter-net-profit-soars-75
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        <pubDate>Wed, 03 Aug 2016 15:39:09 +0200</pubDate>
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        <title>
            Record profits put Ferrari in pole position for 2016
        </title>
        <description>
            Italian luxury sports car maker Ferrari said on Monday it clocked up its best profits ever in the first quarter, setting it up for record earnings for the full year 2016.
        </description>
        <link>
            https://www.thelocal.it/20160503/record-profits-put-ferrari-in-pole-position-for-2016
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        <pubDate>Tue, 03 May 2016 10:00:18 +0200</pubDate>
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        <title>
            Ferrari shares skid as debt and outlook disappoint
        </title>
        <description>
            Italian luxury sports carmaker Ferrari announced on Tuesday an increase in its net profit last year, but investors dumped its shares after being spooked by its debt and disappointed with the 2016 outlook.
        </description>
        <link>
            https://www.thelocal.it/20160203/ferrari-shares-skid-as-debt-and-outlook-disappoint
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        <pubDate>Wed, 03 Feb 2016 09:37:18 +0100</pubDate>
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        <title>
            Surprise as Fiat Chrysler net profit falls by forty percent
        </title>
        <description>
            Italian-American carmaker Fiat Chrysler Automobiles (FCA) said on Wednesday it made a net profit of €377 million ($410 million) last year, a 40 percent drop from 2014.
        </description>
        <link>
            https://www.thelocal.it/20160127/fiat-chrysler-net-profit-falls-forty-percent
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        <pubDate>Wed, 27 Jan 2016 13:51:20 +0100</pubDate>
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        <title>
            Prada profit down on China and Europe slump
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        <description>
            Prada, the Italian luxury goods company, reported a drop in 2014 net profit on Monday due to weaker sales in China and Europe.
        </description>
        <link>
            https://www.thelocal.it/20150330/prada-profit-down-on-china-and-europe-slump
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        <pubDate>Mon, 30 Mar 2015 13:21:12 +0200</pubDate>
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        <title>
            Unicredit back in profit amid lending boost
        </title>
        <description>
            UniCredit returned to profit in 2014, netting €2.0 billion $2.26 billion, Italy&#039;s largest bank said on Wednesday, while touting it had stepped up lending to households and small businesses.
        </description>
        <link>
            https://www.thelocal.it/20150211/italys-largest-bank-back-in-profit
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        <pubDate>Wed, 11 Feb 2015 16:29:00 +0100</pubDate>
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        <title>
            Italian oil giant posts profit rise
        </title>
        <description>
            Italy&#039;s oil and gas giant Eni achieved a 2.5-percent rise in net profit in the third quarter, it said on Thursday despite a drop in production and falling oil prices.
        </description>
        <link>
            https://www.thelocal.it/20141030/italian-oil-giant-posts-profit-rise
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        <pubDate>Thu, 30 Oct 2014 13:51:09 +0100</pubDate>
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            Italy&#039;s Finmeccanica switches to loss
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        <description>
            Italian industrial and aerospace giant Finmeccanica on Tuesday reported a €12 million($17-million) first quarter
loss compared to a €6.0 million profit a year earlier due to European and US defence cuts.
        </description>
        <link>
            https://www.thelocal.it/20140507/italys-industrial-giant-finmeccanica-switches-to-loss
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        <pubDate>Wed, 07 May 2014 10:19:00 +0200</pubDate>
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        <title>
            Italian sunglasses get boost abroad
        </title>
        <description>
            Luxottica, the Italian group that owns high-end eyewear brands Ray-Ban and Oakley, said on Thursday it made a net profit last year of €544.7 million on sales of €7.3 billion.
        </description>
        <link>
            https://www.thelocal.it/20140228/italian-sunglasses-get-boost-abroad
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        <pubDate>Fri, 28 Feb 2014 08:48:00 +0100</pubDate>
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