Italian voters reject constitutional reforms to Senate, decentralisation

Italian Prime Minister Matteo Renzi said on Sunday he will resign after suffering a humiliating defeat in a referendum over his plan to reform the constitution, throwing the country and the euro zone into confusion. Renzi said voters had shown a "clear" rejection of legislative reform measures and that he would meet with his cabinet on Monday and then hand in his resignation to the Preside[...] Read more here: CNBC