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Search resuls for: "Marco Carta"


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View of the entrance to the headquarters of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which is facing massive layoffs as part of a planned corporate merger, in Siena, Italy, August 11, 2021. Among the 15 defendants cleared by Italy's Supreme Court of Cassation were former MPS Chairman Giuseppe Mussari and its former Managing Director Antonio Vigni and Deutsche (DBKGn.DE) and Nomura (8604.T). The appeals court cancelled seizures imposed on Deutsche Bank and Nomura Holdings Inc (8604.T) for 64.9 million and 88 million euros, respectively. The case centred on two derivatives transactions — dubbed Alexandria and Santorini — that Nomura and Deutsche Bank arranged for MPS in 2009. MPS, the world's oldest bank still in business and Italy's fifth biggest listed lender, had reached a court settlement in 2016 in the derivatives case at a cost of 10.6 million euros.
Persons: Jennifer Lorenzini, Siena, Giuseppe Mussari, Antonio Vigni, Nomura, Marco Carta, Keith Weir, Valentina Za Organizations: Monte, REUTERS, Rights, Monte dei, Deutsche Bank, Nomura, Italy's, Cassation, Deutsche, Nomura Holdings Inc, MPS, Prosecutors, Thomson Locations: Monte dei, Siena, Italy, Milan, Alexandria
Italy's Top Court Removes Block to Regeni Murder Trial
  + stars: | 2023-09-27 | by ( Sept. | At P.M. | ) www.usnews.com   time to read: +2 min
ROME (Reuters) - Italy's top court ruled on Wednesday that the trial of four Egyptian security officials over the disappearance and murder of an Italian student could go ahead, despite concerns the defendants did not know they had been charged. Reviewing the issue, Italy's top court said in a statement that the legal code relating to this question was unconstitutional given the lack of cooperation from the suspects' home state, opening the way for the trial to resume. Giulio Regeni, a postgraduate student at Britain's Cambridge University, disappeared in Cairo in January 2016. Italian and Egyptian prosecutors investigated the case together, but the two sides later fell out and came to very different conclusions. Italy's legal system is notoriously slow and there was no immediate indication of when the trial might resume.
Persons: Francesco Lo Voi, Giulio Regeni, Magdi Sharif, Tarek Sabir, Hisham Helmy, Ather Kamal, Sharif, Crispian Balmer, Marco Carta, Bill Berkrot Organizations: Britain's Cambridge University, Egypt's General Intelligence Locations: ROME, Rome, Cairo, Cairo city, Italian, Italy
ROME, March 16 (Reuters) - Italy's highest court late on Wednesday ordered two American tourists to stand a new trial for the 2019 killing of a policeman in central Rome following a botched attempt to buy drugs, but upheld a murder sentence for one of them. The Rome-based Court of Cassation said Elder was guilty of murder, but ordered a new trial because some related allegations were not sufficiently corroborated. The court said Natale-Hjorth should stand trial again because there was not enough evidence of his complicity in the killing. He did not handle the murder weapon during the attack but was tussling with the second police officer, Andrea Varriale. "From the first minute we examined the court papers, we realised that Elder had absolutely no idea that he was facing two police officials.
[1/3] A view shows the spot where a floating storage and regasification unit will be set up in front of the port city of Piombino, Italy, October 20, 2022. The court said on Thursday it had scheduled a new hearing on March 8 to assess longer-term safety issues relating to the floating terminal. The infrastructure needs to be operational by April to help Italy replace dwindling Russian gas supplies and to re-fill its gas storage by next winter. The Piombino terminal will have a capacity of 5 billion cubic metres (bcm) and will allow Italian energy groups to increase LNG imports to the country. In Italy there are currently three LNG terminals with a total capacity of nearly 17 bcm.
Former Italian PM Berlusconi acquitted in bribery case
  + stars: | 2022-11-17 | by ( Marco Carta | ) www.reuters.com   time to read: +2 min
ROME, Nov 17 (Reuters) - An Italian court on Thursday acquitted former prime minister Silvio Berlusconi of bribing a witness in a 2013 underage prostitution case, giving a boost to the veteran politician weeks after his return to parliament. party that is backing Prime Minister Giorgia Meloni's newly installed government, was eventually acquitted in that case. Berlusconi was eventually excluded from parliament in 2013 after his conviction in a tax fraud case. In a separate case pending at a Milan court, Berlusconi is accused of bribing 24 witnesses, mostly young guests at his evening parties. Last year a court in Siena acquitted Berlusconi of allegedly bribing another witness to his parties.
Italian court suspends decision on Amazon's record fine appeal
  + stars: | 2022-10-28 | by ( ) www.reuters.com   time to read: +1 min
ROME, Oct 28 (Reuters) - An Italian court has suspended a decision on a request by e-commerce giant Amazon (AMZN.O) to annul a record 1.13 billion euro ($1.12 billion) fine imposed by Italy's antitrust watchdog for alleged abuse of market dominance, a court ruling showed on Friday. Italian administrative court TAR del Lazio said it had suspended judgment pending a ruling by the European Union Court of Justice over the case. Last year Italy's competition watchdog ruled that Amazon had used its dominant position in the Italian market for intermediation services on marketplaces to favour the adoption of its own logistics service by sellers active on Amazon.it. Amazon said at the time it "strongly disagreed" with the Italian regulator's decision and would appeal. ($1 = 1.0054 euros)Reporting by Marco Carta, writing by Elvira Pollina Editing by Federico Maccioni and Keith WeirOur Standards: The Thomson Reuters Trust Principles.
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