An Italian prosecutor is seeking a six-year jail sentence for former Prime Minister Silvio Berlusconi for allegedly having sex with an underage nightclub dancer.» Read More
NEW YORK, June 13- News Corp Chief Executive Rupert Murdoch on Thursday filed for divorce from his third wife, Wendi Deng. In what could be a record-breaking divorce settlement, Continental Resources CEO Harold Hamm is in the middle of a contentious separation.
ROME, May 30- Italian opposition parties and some lawmakers from the ruling Democratic Party called on the government on Thursday to abandon its plans to buy 90 Lockheed Martin F-35 fighter jets.
ROME, May 29- Italy got some help from Brussels on Wednesday when the European Commission ruled Rome could go off its excess deficit blacklist but the new government will need much more leeway in order to pass the tax cuts it has promised.
ROME, May 22- Italy's new government, already sinking in opinion polls and riven by internal disputes, on Wednesday began preparing a plan to address one of the main causes of public anger- soaring unemployment among young people.
Napolitano rescued Italy in 2011 by replacing Berlusconi with technocrat Mario Monti. Italy's fate once again depends on the man affectionately known as "King George."
ROME, May 7- On Saturday April 20, the leaders of Italy's two biggest political forces climbed the Quirinal, highest of Rome's seven ancient hills, and begged President Giorgio Napolitano to stay for a second term.
ROME, May 6- Italy can stage an economic recovery without increasing its huge public debt, Prime Minister Enrico Letta said on Monday ahead of a meeting with his Spanish counterpart where he hoped to find support for his calls for a policy switch in Europe.
*OECD says Italy needs more fiscal tightening. ROME, May 2- Italy's economy minister on Thursday ruled out trying to renegotiate the country's budget targets, even as the OECD called for more budget austerity. Fabrizio Saccomanni told parliament a move to ease Italy's deficit targets- such as may happen with France and Spain- would be counter-productive.
ROME, May 1- Italy's new Prime Minister Enrico Letta won French backing on Wednesday for calls to spur economic growth alongside budget rigor, but problems lay closer to home with coalition partners demanding tax cuts that would blow a hole in the budget.
ROME, May 1- Italy's new prime minister, Enrico Letta, is preaching an end to austerity while pledging to meet European Union debt targets and his fledgling coalition is already at odds over how to pay for cuts to an unpopular housing tax.
ROME, April 29- Five months ago, Silvio Berlusconi was in steep decline and his party was in shambles.
Italy must focus on reviving its economy and it will lobby its European partners to obtain more growth-oriented policies at the EU level, new Prime Minister Enrico Letta said in his maiden speech to parliament on Monday.
Plans visit to Brussels, Paris, Berlin this week. ROME, April 29- Italy's new Prime Minister Enrico Letta pledged to push for a change to the European Union's focus on austerity and pursue growth and jobs in an inaugural speech on Monday laying out the priorities for his coalition government.
*Italy's Letta names government, ends political stalemate. LONDON, April 29- Italian bond yields fell on Monday and were expected to ease further as a two-month-old political deadlock came to an end after new Prime Minister Enrico Letta named a coalition government.
*Shooting in Rome overshadows start of government. ROME, April 29- New Italian Prime Minister Enrico Letta seeks the backing of parliament in a confidence vote on Monday, facing severe political and economic problems that will test the solidity of his broad coalition government in the months ahead.
MILAN, April 29- Italy's five- and 10- year borrowing costs fell to their lowest level since October 2010 at an auction on Monday as new Prime Minister Enrico Letta named a coalition government, ending two months of political stalemate.
LONDON, April 29- Italian government bond yields fell on Monday and were expected to ease further as new Prime Minister Enrico Letta prepared to set out his administration's programme, ending two months of political deadlock. In Italy, Letta, of the centre-left, was expected to win parliament's backing in a confidence vote at 1300 GMT.
MILAN, April 29- Rating agency Moody's believes Italy may still eventually need to seek a bailout despite forming a new government and avoiding immediate crisis.
LONDON, April 29- Italian bond yields fell on Monday and were expected to ease further after new Prime Minister Enrico Letta named a coalition government, helping the country to sell debt at the lowest cost since October 2010.
ROME, April 28- Enrico Letta was sworn in as Italy's new prime minister on Sunday and immediately faced an emergency after an unemployed man shot two police officers outside his office. The 49- year-old gunman, from the poor southern region of Calabria, told investigators he had planned to attack politicians but had found none within range.