Friday 26 April 2024
 
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Berlusconi

Saudi royals 'yet to make an offer for Berlusconi villa'

Saudi Arabia's royals are yet to make an offer for the lavish Sardinian estate owned by Former Italian Prime Minister Silvio Berlusconi, sources said. Berlusconi has given a tour of the luxury estate to Saudi Arabia's crow

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Berlusconi to sell estate to Saudi royals for $542m: report

Former Italian Prime Minister Silvio Berlusconi is likely to sell his 168-acre estate called Villa Certosa in Sardinia to the the Saudi royal family for a staggering £350 million ($542 million), a report said. The estate inc

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Court bans Berlusconi from public office for 2 years

A Milan court ruled on Saturday that former Italian Prime Minister Silvio Berlusconi should be barred from holding public office for two years following a conviction for tax fraud. However, since Berlusconi is a senator, the court'

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Berlusconi to resign, end scandal-hit era

Italian Prime Minister Silvio Berlusconi is expected to resign on Saturday, making way for an emergency government and ending one of the most scandal-plagued eras in Italy's post-war history. The Chamber of Deputies was due to start a

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Italy to vote on cuts, US applies pressure

Italy's Senate is set to vote on Friday on austerity measures demanded by the European Union to avert a euro zone meltdown, after US President Barack Obama ratcheted up pressure for more dramatic action. Obama spoke with German Chancel

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Berlusconi vow to quit fails to convince markets

Prime Minister Silvio Berlusconi's pledge to resign as soon as parliament passed budget reforms did nothing to staunch a perilous collapse in market confidence in Italy. Financial markets have been clamouring for weeks for Berlusconi to d

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Gold slips on strong dollar, Italy debt fears

Gold slipped on Wednesday as the dollar rose and doubts about Italy's ability to tackle its debt problems persisted even after Prime Minister Silvio Berlusconi pledged to resign, paving the way for a new leader to implement reforms. The I

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Italy, Greece on the brink, markets hold breath

Financial markets held their breath on Tuesday as Italian Prime Minister Silvio Berlusconi's reform-shy government teetered on the brink and debt-crippled Greece's leaders struggled to put together a national unity government. Rome has dis

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Berlusconi firm ordered to pay $800m penalty

A Milan appeals court on Saturday cut to 560 million euros ($801 million) a compensation payment by Italian premier Silvio Berlusconi's holding company to the rival CIR conglomerate. The appeal court's ruling over a 19991 takeover battle f

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Berlusconi to face trial over prostitution scandal

An Italian judge ordered Prime Minister Silvio Berlusconi on Tuesday to stand trial on charges of paying for sex with an underage girl and abuse of office, according to a statement from the judge's office.    Trial has been

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