Italy

Italy lawmakers fail again to elect a new president

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ROME - Italian lawmakers failed to pick a president in a second round of voting on Friday, but Prime Minister Matteo Renzi appeared poised to get his candidate, a senior judge, elected on Saturday when the number of votes required will be lower.

Lagardere enters race for Benetton's World Duty Free: sources

LONDON/MILAN - France's Lagardère has joined the race to acquire a majority of Italy's airport retailer World Duty Free , which belongs to the Benetton family, sources familiar with the situation said.

Deals, France, 29 Jan 2015

Italy's Renzi proposes judge as president, irking Berlusconi

ROME - Prime Minister Matteo Renzi proposed a senior judge to be Italy's next president on Thursday in a move which may strain his government's alliance on reforms with opposition rival Silvio Berlusconi.

World, 29 Jan 2015

Moscow-hosted Syria talks end, sides agree only to meet again

MOSCOW - Representatives of Syrian President Bashar al-Assad and opposition figures agreed at talks on Thursday to hold another round in Moscow, moderator Vitaly Naumkin said on Thursday, but no date was set.

World, Syria 29 Jan 2015

E.ON seeks one billion euro Terni plant deal in first half: sources

MILAN/FRANKFURT - German utility E.ON aims to sell its most valuable asset in Italy, a 531 megawatt (MW) hydro-power plant valued at at least 1 billion euros ($1.13 billion), in the first half of this year, several people familiar with the deal said.

Deals, 29 Jan 2015

Finmeccanica seeks partner for U.S. unit DRS Technologies

MILAN - Italian industrial group Finmeccanica said on Wednesday it wanted to find a partner for its U.S. unit DRS Technologies and hoped to take a decision on its future in the coming months.

Deals, Aerospace & Defense, 28 Jan 2015

Italy police strike blow against Calabrian mob in north

BOLOGNA, Italy - Police conducted a huge dragnet against a Calabrian mafia clan operating in northern Italy on Wednesday, arresting 110 people and seizing more than 100 million euros ($114 million), underlining the mob's spread to the wealthy north.

World, 28 Jan 2015

Renzi-Berlusconi pact under fire as Italian vote reform progresses

ROME - Italy's Senate approved Matteo Renzi's electoral reforms on Tuesday, giving the prime minister a boost as he faces criticism from the left of his party over his pact with Silvio Berlusconi.

World, 27 Jan 2015

Italy's Lavazza to cut Keurig stake to fund acquisitions

MILAN - Italy's Lavazza has trimmed its stake in U.S.-based coffee group Keurig Green Mountain and plans to cut it further by at least another 2.8 percent as it raises cash for acquisitions, the coffee maker said in a U.S. regulatory filing.

Deals, 27 Jan 2015

Prosecutor seeks 26-year jail sentence for Concordia captain

FLORENCE - An Italian prosecutor asked a court on Monday to sentence the captain of the Costa Concordia cruise liner to more than 26 years in jail for his role in the 2012 disaster that killed 32 people.

World, 26 Jan 2015
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Ukraine peace talks aborted as civilians die in east

DONETSK, Ukraine/MINSK - Civilians were killed on both sides in heavy fighting in eastern Ukraine on Friday, while an attempt to reopen peace talks in neighboring Belarus was aborted before it began.