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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.