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Brazil seeks to revoke asylum of Italian ex-guerrilla convicted of murder

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BRASILIA The Brazilian government told the Supreme Court on Monday that President Michel Temer has the authority to revoke the asylum status a former left-wing guerrilla convicted of murder in Italy and extradite him at his country's request.

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Italian regions start pursuing greater autonomy in shadow of Catalonia crisis 23 Oct 2017

MILAN/VENICE Political leaders in northern Italy claimed an overwhelming mandate on Monday to seek greater autonomy from Rome after referendums that did not go as far as the independence vote in Catalonia declared illegal by Spain.

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Czech tycoon Babis to be named prime minister but may struggle to find partners 22 Oct 2017

PRAGUE Czech President Milos Zeman said on Sunday he would name Andrej Babis prime minister, but the tycoon leader of the anti-establishment ANO party may struggle to find coalition partners despite his emphatic election win. | Video

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Monte dei Paschi's return to stock market delayed - source 20 Oct 2017

MILAN Shares in bailed-out Italian bank Monte dei Paschi di Siena are expected to resume trading on the Milan bourse in the week of Oct. 30, a source familiar with the matter said, a few days later than expected.

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ECB under pressure to soften crackdown on bad loans - sources 20 Oct 2017

FRANKFURT European Central Bank supervisors are having to rethink their proposals for dealing with the euro zone's huge pile of legacy bad loans after complaints from Italy that it would hinder the country's recovery, four senior central bank sources told Reuters.

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Telecom Italia's network should be spun off and listed - minister 20 Oct 2017

ROME Italian Industry Minister Carlo Calenda said on Friday that Telecom Italia's (TIM) fixed-line network should be spun off from the rest of the company and listed.

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EU leaders seek greater reductions in Africa immigration 19 Oct 2017

BRUSSELS European Union leaders agreed on Thursday to provide "stronger support" to Italy for its work in Libya and replenish their Africa fund to further curb immigration to Europe.

Italy will set conditions for Piaggio Aerospace's asset sales 19 Oct 2017

ROME The Italian government said it would use its so-called "golden power", which allows it to veto or set conditions on asset sales deemed of strategic national importance, over the planned sale of Piaggio Aerospace's executive jet business.

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Italy's Renzi pledges to hike budget deficit if he wins election 19 Oct 2017

ROME Former Prime Minister Matteo Renzi said on Thursday that if he wins next year's election he will slash taxes and sharply raise Italy's budget deficit rather than lower it as European Union rules require.

Fragment falls off Florence basilica, killing Spanish tourist 19 Oct 2017

FLORENCE, Italy A Spanish man was killed on Thursday when a falling fragment of stone struck him in Florence's Basilica of the Holy Cross, ambulance services said.