Turkish drone maker Baykar has bought Italian aircraft producer Piaggio Aerospace, Italy's industry ministry said on Friday, without disclosing financial details. Piaggio Aerospace - unconnected to Vespa scooters maker Piaggio - had been under government-controlled special administration since filing for protection from creditors in 2018.

The Turkish company behind unmanned combat aerial vehicles (UCAVs) that have gained global fame has bought Italian aircraft producer Piaggio

Turkey’s Baykar Makina Sanayi ve Ticaret Anonim Sirketi got a green light from Italian authorities to buy aviation and defense company Piaggio Aerospace.

An Italian journalist has been under arrest in Iran for more than a week, Italy's foreign ministry said on Friday, adding it was following the case with the \"utmost attention\". Read more at straitstimes.

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