May 24, 2:53 PM EDT
Media & Culture
Pirate says $4 million ransom paid for ship, Italy denies
By IBT Staff Reporter on 08/10/09 AT 10:46 AM
Somali pirates received a $4 million ransom to free an Italian tugboat that was seized four months ago with a crew of 16, a member of the gang that held it captive said on Monday.
Nufarm to buy Italian business for $11M
By IBT Staff Reporter on 09/28/06 AT 10:24 PM
Agricultural company Nufarm Ltd will expand into Italy following the purchase of a family owned crop protection business for $11 million.