Sigma-Tau, Alfa Wassermann in talks to combine Italian operations: sources

LONDON - Italian drugmaker Sigma-Tau is in advanced talks to sell part of its Italian operations to domestic peer Alfa Wassermann that would create an over-the-counter (OTC) powerhouse, several sources familiar with the situation said.

UKIP, 5-Star welcome Polish radical to save EU voting bloc

BRUSSELS - The UK Independence Party and Italy's 5-Star Movement formed an alliance in the European Parliament on Monday with a right-wing Polish libertarian in order to reconstitute a formal Eurosceptic bloc in the EU legislature.

World, 20 Oct 2014

Stress test jitters rattle Monte Paschi investors

MILAN - Shares in Banca Monte dei Paschi di Siena remained under pressure on Monday on market fears that a European banking review may reveal a fresh capital shortfall at the bailed-out Italian lender.

20 Oct 2014

Rome mayor recognizes gay marriages, riles minister, bishops

ROME - Rome's center-left mayor on Saturday recognized the validity of 16 gay marriages performed outside Italy, the first such ceremony in the capital, sparking an angry reaction from the interior minister and the country's Roman Catholic Church.

World, 18 Oct 2014

Exclusive: Lavazza and Strauss vie for French coffee brands - sources

LONDON - Italy's Lavazza and Israel's Strauss Group have hired advisers to submit rival bids for two French coffee brands which may come on the market early next year, several sources familiar with the matter said.

Deals, France, 17 Oct 2014

Slovak minister wants to boost government stake in power firm

BRATISLAVA - Slovak Economy Minister Pavol Pavlis said he would seek to persuade the government to buy a stake in Slovenske Elektrarne, the country's leading power utility, from Italy's Enel to gain control and improve energy security.

Deals, 16 Oct 2014

UKIP cries foul as Latvian defection weakens hand in EU parliament

BRUSSELS - The UK Independence Party accused the European Parliament of blackmail and bias on Thursday after it wound up a voting bloc forged by British and Italian Eurosceptics, depriving them of funding and influence.

World, 16 Oct 2014

Explaining acquittal, court says no proof Berlusconi knew Ruby's age

MILAN - Silvio Berlusconi paid a teenage nightclub dancer for sex but there is no proof he knew her age at the time, an Italian appeals court said on Thursday, explaining its decision to overturn the former prime minister's "bunga bunga" conviction.

World, 16 Oct 2014

Putin, Poroshenko to discuss gas deal, peace moves in Italy

MOSCOW/KIEV - Russian President Vladimir Putin and Ukrainian leader Petro Poroshenko will look for ways to settle a dispute over natural gas supplies and end months of conflict in east Ukraine at talks in Italy this week.

World, Russia, 15 Oct 2014

Italy and China sign business deals worth $10 billion

MILAN/ROME - Italy and China signed business deals worth about 8 billion euros ($10 billion) on Tuesday in sectors ranging from energy to engineering, deepening Beijing's commercial ties with the euro zone's No. 3 economy.

Deals, China, 14 Oct 2014

Total CEO de Margerie killed in Moscow as jet hits snow plough

MOSCOW - The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow's Vnukovo airport on Monday night.