Italian Senate has approved the expulsion of former Italian Prime Minister Silvio Berlusconi from parliament. CNBC's Michelle Caruso-Cabrera offers details.» Read More
MILAN, July 29- Italy's short-term borrowing costs fell to their lowest level since May at an auction on Monday, thanks to large debt redemptions in the next few days.
PALERMO, Sicily, July 25- More than 20 years after anti-mafia hero Paolo Borsellino was killed by a huge bomb, his missing diary is still at the heart of one of Italy's murkiest and most enduring mysteries. The two men are Italy's biggest modern heroes, a picture of them together often seen on posters on city streets.
*Cancelling both IMU and IVA would cost 8 bln euros annually. ROME, July 22- Italy's fragile coalition government said on Monday it would press on with plans to reform a hated housing levy and resolve differences over sales tax, despite earlier reports it might have to postpone decisions on the divisive issues.
ROME, July 22- Italy's fragile coalition government is likely to postpone again a decision on reforming a hated housing levy and freezing sales tax, a government source said on Monday.
MILAN, July 10- Italy's one-year borrowing costs rose to their highest since March on Wednesday after Standard& Poor's cut its credit rating, a warning to the faltering coalition government as it seeks to revive the economy.
MILAN, June 27- Sky Italia, a unit of Rupert Murdoch's News Corp, has filed a suit for damages against communications watchdog Agcom, claiming it acted in favour of local Italian rival Mediaset, a spokesman for the unit said on Thursday.
*Italy sold 8 billion euros of six-month bills at higher rates. MILAN, June 26- Italy's short-term debt costs almost doubled at an auction on Wednesday as expectations of a reduction of U.S. monetary stimulus continued to weigh on riskier assets.
Robert Quinn, director of S&P Capital IQ, tells CNBC that the European markets are being influenced by factors outside of Europe.
Hundreds gathered in Rome to protest against the conviction of the former Italian Prime Minister Silvio Berlusconi.
*Rome's two-year borrowing costs hit highest since September 2012. MILAN/ MADRID, June 25- Italy and Spain had to pay much more to auction 7.6 billion euros of debt on Tuesday, reflecting market unease about the future of the central bank monetary stimulus that has fanned global demand for riskier assets.
MILAN, June 25- Italy's two-year borrowing costs soared to their highest level since September 2012 at an auction on Tuesday, more than doubling what was paid at the nearest, roughly comparable auction. Rome sold 3.5 billion euros of new zero-coupon bonds maturing on June 30, 2015 at a yield of 2.40 percent.
By linking the choice of president of the executive European Commission to the European Parliament elections in the 2009 Lisbon Treaty, EU leaders hoped to reverse rising abstentionism and overcome Europe's widely bemoaned "democratic deficit".
CNBC's Claudia Pensotti, reports from Milan where Silvio Berlusconi, Italy's former prime minister, was found guilty of having sex with a minor and abusing his power.
Italian judges found former Prime Minister Silvio Berlusconi guilty of having sex with a minor and abuse of power, giving him seven years in jail and imposing a lifetime ban on holding office.
Wolfango Piccoli, managing director at Teneo Intelligence, tells CNBC that Silvio Berlusconi's Bunga Bunga trial is overstated and will have minimal impact on Italian politics.
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.
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.
A Milan appeals court upheld a four-year sentence for tax fraud against former prime minister and center-right leader Silvio Berlusconi on Wednesday.
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."
Italy's new Prime Minister Enrico Letta won French backing on Wednesday for calls to spur economic growth alongside budget rigor.