Silvio Berlusconi
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A new Italian government is still a long way off and the country may be headed for fresh elections, a senior official of Silvio Berlusconi's center-right party said.
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ROME, March 26- Formation of a new Italian government is still a long way off and unless political differences can be overcome, the country may be headed for fresh elections, a senior official of Silvio Berlusconi's centre-right party said on Tuesday.
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*Worries grow over Cyprus deal fallout. NEW YORK, March 26- The euro steadied versus the dollar on Tuesday, holding above a four-month low hit the previous day, but remaining vulnerable to fears Cyprus's banking problems may make investors shun euro zone assets or withdraw money from banks in countries like Spain and Italy.
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MUMBAI, March 26- An Indian unit of advertising group WPP has sacked employees over a series of ads, including one showing women tied up in the trunk of a Ford driven by ex-Italian Prime Minister Silvio Berlusconi. The ads were published days after India approved a tougher new law to punish sex crimes, following the fatal gang rape of a student in December.
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MUMBAI, March 26- An Indian unit of advertising group WPP has sacked employees over a series of ads, including one showing women tied up in the trunk of a Ford driven by ex-Italian Prime Minister Silvio Berlusconi. The ads were published days after India approved a tougher new law to punish sex crimes, following the fatal gang rape of a student in December.
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MUMBAI, March 26- A series of car ads, including one showing women bound and gagged in the trunk of a Ford driven by former Italian Prime Minister Silvio Berlusconi, has prompted Internet outrage in India and prompted an apology from Ford India.
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The president of Cyprus assured his people a bailout deal he struck with the European Union was in their best interests and would end anxiety, but he also announced "very temporary" capital controls to stem a run on the island's banks.
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ROME, March 26- A senior official in Silvio Berlusconi's centre-right party said on Tuesday there were still wide differences with the centre-left which must be overcome this week or Italy will have to go back to the polls after last month's deadlocked election.
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PALERMO, Italy, March 25- A Palermo appeals court upheld a conviction on Monday against a close political ally and business associate of former Italian prime minister Silvio Berlusconi for colluding with the Sicilian mafia, sentencing him to seven years in prison.
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ROME, March 25- Silvio Berlusconi repeated a demand on Monday to be included in any new Italian government, but there was no sign his center-left rival would renege on a promise not to ally with the tycoon as a way out of political stalemate.
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MADRID, March 25- Television companies are worried Spain, looking to make room for faster mobile phone networks, could force the closure of nine channels, compounding their problems as advertising sales slump in a deep recession.
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ROME, March 25- Former Italian prime minister Silvio Berlusconi repeated on Monday that centre-left leader Pier Luigi Bersani must go into coalition with his centre-right group or Italy should hold a new vote after last month's deadlocked election.
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*CYPRUS DEAL Cyprus clinched a last-ditch deal with international lenders to shut down its second largest bank, Popular Bank of Cyprus, and inflict heavy losses on uninsured depositors, including wealthy Russians, in return for a 10 billion euro bailout.
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*Spain, Italy suffer as Cyprus bailout seen as template. *Initial relief at Cyprus deal evaporates, Bunds rebound. *Italy political risks still high on investors' agenda.
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ROME, March 23- Silvio Berlusconi, the 76- year-old leader of Italy's centre-right bloc, told thousands of supporters gathered in central Rome he was ready for a snap vote as his rival began talks to try to form a government.
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MILAN, March 23- An Italian court agreed on Saturday to Silvio Berlusconi's request to adjourn his appeal against a tax fraud conviction for one month, as Italy's politicians seek to end a political crisis and form a government.
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By James Mackenzie and Barry Moody. ROME, March 22- President Giorgio Napolitano asked centre-left leader Pier Luigi Bersani on Friday to assess whether he can win enough support in Italy's divided parliament to form a government and end the political deadlock left by elections last month.
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By James Mackenzie and Barry Moody. ROME, March 22- President Giorgio Napolitano asked centre-left leader Pier Luigi Bersani on Friday to assess whether he can win enough support in Italy's divided parliament to form a government and end the political deadlock left by elections last month.
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ROME, March 22- Italian President Giorgio Napolitano called centre-left leader Pier Luigi Bersani to a meeting on Friday, suggesting he may ask the former industry minister to seek support from other parties to form a government and end political deadlock.
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Italian parties reacted skeptically on Friday to center-left leader Pier Luigi Bersani's call for a government backed by all political forces, complicating efforts to end the stalemate left by last month's election.
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ROME, March 22- Italian parties reacted sceptically on Friday to centre-left leader Pier Luigi Bersani's call for a government backed by all political forces, complicating President Giorgio Napolitano's efforts to end the stalemate left by last month's election.