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Adding impetus to their effort is the fact Israeli military strikes are now hitting UN peacekeeping bases in southern Lebanon, which house European troops. European reproach of Israel reached new levels when Israeli military strikes began hitting posts of the UN peacekeeping mission in southern Lebanon. The UN has said Israel’s military has fired on its peacekeepers multiple times in recent weeks, injuring more than a dozen. ‘We have blocked everything’Italy’s Prime Minister Giorgia Meloni also condemned Israel’s actions in Lebanon, including an Israeli military strike that hit a UN peacekeeping base where around 1,100 Italian troops are stationed. In an earlier move that protested Israel’s war in Gaza, Spain, Ireland and Norway formally recognized Palestinian statehood in May.
Persons: CNN —, Benjamin Netanyahu, , ” Hugh Lovatt, Josep Borrell, Ali Moustafa, ” Lovatt, , Biden, It’s, ” Borrell, Lovatt, Israel, Maya Sion, Netanyahu, António Guterres, Emmanuel Macron, “ Netanyahu, Macron, Carl Court, ” Macron, ” Netanyahu, Borrell, Guterres, Giorgia Meloni, ” Meloni, Meloni, Tzidkiyahu, Keir Starmer, of National Security Itamar Ben, Bezalel Smotrich, David Cameron, Ben Gvir, Smotrich, ” Ben Gvir’s, Chancellor Olaf Scholz, Israel “ Organizations: CNN, UN, EU, North Africa, Foreign Relations, Hamas, European Union, Red Crescent, Reuters, UNIFIL, Europe, Agence France, Presse, United Nations Interim Force, AFP, Israel, UK, Stockholm International Peace Research Institute, Foreign Affairs Council, Getty, of National Security, Finance, Sky News, DPA, Nazi Locations: CNN — Israel, Gaza, Lebanon, Israel, East, Berlin, Rafah, Egypt, United States, , Iran, Spain, Ireland, Italy, France, Tzidkiyahu, Jerusalem, Paris, AFP, Marjayoun, Vichy, Stockholm, Germany, United Kingdom, Irish, Sion, Norway, Britain, Lebanese, Khiam, Palestine
Some countries are fairly straightforward about their requirements for citizenship through jus sanguinis. Hungary offers citizenship based on jus sanguinis with some caveats, too. “When both of my parents got their Hungarian citizenship around four years ago, it made it easier for me to get it,” said Koszorus, 41, who received his Hungarian citizenship this summer, less than a year after he started the paperwork and application process. And a private Facebook group called Dual US-Italian Citizenship has more than 70,000 members and is among many other resources available to people who think they might have a blood right path to Italian citizenship. Florida-based travel writer Terry Ward lives in Tampa and has the blood right to Italian citizenship through her paternal great-great-grandfather.
Persons: Lisa Wixon, jus solis, she’d, , Wixon, ’ ”, Sophie Jo Wasson, Fragomen, Czechia, Wasson, Frans Sellies, , ” Wasson, Franco, Ferenc G, Koszorus, Koszorus That’s, Marco Permunian, Vittorio Emanuele II, Marco Bottigelli, Permunian, Janna Graber, ” Graber, Graber, Richard Orbidans, Orbidans, Drew Angerer, won’t, Terry Ward Organizations: CNN, New, European Union, , Croatian, Getty, Irish, Department of Foreign Affairs, Nazi, First Armored Division, Citizenship Assistance, Vittorio, ICA, Facebook, Go, Latvian, Baltic, Visitors, Ellis, National Museum of Immigration Locations: New York City, United States, Rijeka, Croatia, Europe, Ireland, France, London, Italy, Spain, Austria, Poland, Romania, Hungary, Yugoslavia, Moher, Northern Ireland, Germany, Austrian, Spanish, American, Washington, DC, Hungarian, Nazi, West Germany, Milan, Italian, Baltic, Colorado, Riga, Latvia, Lithuanian, Lithuania, Ellis, European, Florida, Tampa
Prior to the company’s demise, it had looked like Europe was poised for something of a night train revolution. Despite this demand, the hurdles for startups like Midnight Train trying to enter the market to meet it remain virtually insurmountable. Formidable obstaclesEuropean Sleeper is one of the few new night train operators to begin services, but the company has struggled to find rolling stock. “Politicians must be clear: the night train market will be effectively closed for a very long time,” he says. With the honorable exception of Nightjet, which plans to expand rapidly over the next five years, European night train services have yet to match the hype.
Persons: Adrien Aumont, Eva Plevier, Alex Halada, , ÖBB, Nick Brooks, , , Bart Biesemans, ” Brooks, Mark Smith, Robert Nemeti Organizations: CNN, Trains, Midnight Trains, Regiojet, Compagnie Internationale des, Orient Express, Getty, Austrian Federal Railways, Reuters, Barcelona, European Union, Swiss Federal Railways, Deutsche Bahn, Italian State Railways, Formidable, EU Locations: Europe, Stockholm, Denmark, Germany, Czech, Czechia, Slovakia, Ukraine, Prague, Croatia’s, Brussels, Amsterdam, Berlin, , France, Barcelona, AFP, Spanish, Paris, Milan, Venice, Florence, Rome, Hamburg, Copenhagen, Madrid, Porto, Edinburgh, Anadolu, Vienna, Austria, Italy, Hungary, Poland, Belgium, Netherlands, Sweden, Sicily, Messina, Europe’s
Satnam Singh, a 31-year-old farm worker, was left on the street Monday after losing his right arm while working at a farm near Latina, which is southeast of Rome, CNN’s affiliate SkyTG24 reported. His arm was reportedly severed by a plastic wrapping machine on the farm. Singh was then loaded into a van and abandoned near his home, while his severed arm was left in a vegetable collection box, RAI reported. CNN has reached out to De Falco and to Lovato’s lawyers for comment, as well as to the Indian government. Italy Prime Minister Giorgia Meloni expressed her condolences and strongly condemned Singh’s death at Thursday’s cabinet meeting.
Persons: Satnam Singh, Singh, Antonello Lovato –, Giuseppe De Falco, De Falco, Lovato’s, Renzo Lovato, , Valerio Righi, Antonello Lovato “, Righi, Giorgia Meloni, , Marina Elvira Calderone, Francesco Lollobrigida, ” Calderone, Italy’s, Maria Grazia Gabrielli, Gabrielli, Maurizio Falco Organizations: CNN, SkyTG24, RAI, Reuters, Italian Labor, FLAI Locations: Italy, Latina, Lazio, Rome, San Camillo
Finally, a Euros for a Whole Continent
  + stars: | 2024-06-21 | by ( Rory Smith | ) www.nytimes.com   time to read: +1 min
Edi Rama’s best friend during the World Cup summer of 1982 just so happened to be the one person he knew who owned a color television. So every evening, Rama would find himself crammed into his kitchen with countless others, desperately hoping that the fuzzy, flickering signal would hold. Even communication with the outside world, particularly the West, was limited. Rama and his friends could only follow that World Cup through what he has subsequently called a “dark network” operated by RAI, the Italian state broadcaster. The commentators’ words, he said, “had the indescribable effect on us of not feeling alone in that black hole.”
Persons: Rama, Enver Hoxha, Italy’s Tuttosport, Dino Zoff, ” Rama, Organizations: RAI Locations: Albania, Italian, Italy, Madrid, Tirana
EU approves Italian aid for $5.4 billion STMicro chip plant
  + stars: | 2024-05-31 | by ( ) www.cnbc.com   time to read: +3 min
STMicroelectronics has committed 5 billion euros ($5.4 billion) of investment in what it calls the world's first fully integrated Silicon Carbide (SiC) plant in Italy. The project is backed by 2 billion euros from the Italian state, and is the result of the EU's Chips Act which aims to provide support for Europe's chip industry. The European Commission on Friday approved Italian state aid for STMicroelectronics to build a 5 billion euro ($5.4 billion) microchip plant as Europe battles to reduce reliance on Asian imports for vital manufacturing components. The STMicro plant will produce chips made from silicon carbide, which is more energy-efficient than standard silicon. STMicro is the largest maker of silicon carbide chips, which are more expensive to manufacture than regular silicon chips but favoured by automakers because they are energy-efficient, lightweight and tough.
Persons: STMicroelectronics, Margrethe Vestager, it's, Vestager, STMicro Organizations: Carbide, European, United, European Union, Union, BMW, Renault Locations: Italy, Catania, Sicily, Rome, China, Asia, United States, Catania . U.S, STMicro
Rome CNN —Italy has the right to confiscate a life-size bronze statue dating back to the second or third centuries B.C. The ruling came after the Getty Museum asked the European Court of Human Rights to intervene following a 2018 Italian court decree that the bronze statue should be confiscated and returned to Italy. The contested statue is being held at the Getty Villa Museum in Malibu, Los Angeles. Rolf_52/Alamy Stock PhotoThe Getty Museum does not agree with the latest ruling. Italy will now work with US authorities to return the statue, a spokesperson for the cultural ministry told CNN.
Persons: Rome, Paul, Lysippos, , Getty, Gennaro Sangiuliano, , It’s, ” Maurizio Fiorilli Organizations: Rome CNN —, Paul Getty Villa Museum, European, of Human, Getty Museum, of Human Rights, The Getty Museum, Cultural Heritage Ministry, Getty Villa Museum, Getty, American, of Culture, Louvre Museum, Minneapolis Museum, CNN Locations: Rome CNN — Italy, Los Angeles , California, Italian, Italy, , Malibu , Los Angeles, Greece, Strasbourg, Italian State, Marche, Stabia
CNN —Pope Francis unexpectedly skipped delivering his homily during the Palm Sunday Mass service at the Vatican on Sunday, although was able to preside over the service and was later driven around in the popemobile. Crowds gather in St. Peter's Square during the Palm Sunday mass. Gregorio Borgia/APWhile the pope has occasionally skipped homilies on Easter Sunday, it is the first time he has not given a homily on Palm Sunday. Francis told the crowd at St. Peter’s Square that he was praying for the “victims of the vile terrorist attack,” the worst that Russia has suffered in recent decades. He is to travel to a prison outside of Rome on Thursday to celebrate the foot washing ritual with female prisoners, and on Good Friday be present at services in St Peter’s and the Colosseum.
Persons: Pope Francis, Francis, Gregorio Borgia, Angelus Organizations: CNN, Peter's, Sunday, RAI, Holy Locations: St, Ukraine, Moscow, Russia, Rome, St Peter’s
Ukraine's Zelenskiy Is Considering Replacing Zaluzhnyi, Others
  + stars: | 2024-02-04 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +3 min
(Reuters) -Ukrainian President Volodymyr Zelenskiy, in an interview broadcast on Sunday, said he was considering a "reset" to replace several senior officials. Speculation has gripped Ukraine for weeks over suggestions that the president was about to dismiss the highly popular commander, Valeriy Zaluzhnyi. But Zelenskiy said any changes went beyond replacing a single person to harness efforts to oust Russian troops. To win the war, Zelenskiy said, "We must all push in the same direction, we cannot be discouraged, we must have the right and positive energy, negativity must be left at home. On two occasions in the past week, Ukrainian media issued a torrent of reports that Zaluzhnyi's dismissal was imminent.
Persons: Volodymyr Zelenskiy, Valeriy, Zelenskiy, Zelenskyi, Zaluzhnyi, Oleksandr Syrskyi, Kyrylo Budanov, Gianluca Semeraro, Ron Popeski, Diane Craft, Lisa Shumaker Organizations: Reuters, RAI, Russian, CNN Locations: Ukraine, Russian, Italian, Ukrainian, Ukraine's, Kyiv
Wherever they run, night trains are complicated, labor intensive and expensive to operate – one of the major reasons they went into decline in the first place. The $770 million contract could eventually see up to 370 new overnight carriages introduced to update Italy’s entire overnight train fleet. “Politicians must be clear: the night train market will be effectively closed for a very long time,” he says. So, what does all this mean for the much-vaunted night train revolution? With the honorable exception of government-subsidized Nightjet, which plans to expand rapidly over the next five years, European night train services have yet to match the hype.
Persons: Love, James Brown, David Bowie, Ray Charles, , they’ve, Charisius, Agatha Christie, James Bond, Mark Smith, , , ÖBB, “ Superliner, Kuleshova, Smith, it’s, Alex Halada, Nick Brooks Organizations: CNN, Orient Express, Austrian Federal Railways, Swiss Federal Railways, Deutsche Bahn, Italian State Railways, Amtrak, California Zephyr, European, Bloomberg, Getty, Regiojet, Compagnie Internationale des, VIA Rail, European Union, Frankfurt, Eurostar, EU Rail, EU Locations: Europe, Russia, Scandinavia, Vienna, Hamburg, Germany, Austria, Italy, Hungary, Poland, Czech Republic, Paris, Brussels, Amsterdam, France, Sweden, Milan, Sicily, Messina, Europe’s, United States, Berlin, Stockholm, Denmark, Czech, Prague, Croatia’s, London, Dresden, Copenhagen, Barcelona, Spain, Venice, Florence, Rome, Madrid, Porto, Portugal, Edinburgh, Zurich, AFP, EU
ROME (AP) — Italian communications company TIM said Sunday that its board of directors has approved the binding acquisition offer by the KKR investment company, following months of negotiations. In a statement, TIM said the approval took the form of a majority vote. The board rejected a non-binding offer for Sparkle, TIM’s undersea cable unit. Italian state TV said the government, under the deal with KKR, would be a significant shareholder. Political Cartoons View All 1234 ImagesThe binding offer values NetCo — TIM’s fixed network assets but excluding Sparkle — at 18.8 billion euros (some $20 billion), said a statement from TIM.
Persons: della Sera Organizations: ROME, TIM, KKR, European Union, TV Locations: Italian, Milan
REUTERS/Fadi Whadi Acquire Licensing RightsVATICAN CITY, Nov 1 (Reuters) - Pope Francis said on Wednesday a two-state solution was needed for Israel and Palestine in order to put an end to wars such as the current one and called for a special status for Jerusalem. With that wise solution, two states. The Oslo accords, two well-defined states and Jerusalem with a special status," Francis said in an interview with Italy's RAI broadcaster. Israel has consistently rejected suggestions that the city, which is sacred to Christians, Muslims and Jews, could have a special, or international, status. The war between Israel and Hamas, he said, should not make people forget other conflicts, including in Ukraine, Syria, Yemen and Myanmar.
Persons: Fadi, Pope Francis, Francis, Yitzhak Rabin, Yasser Arafat, Bill Clinton, Ehud Barak, Arafat, Israel, Gazans, Keith Wier, Franklin Paul, Jonathan Oatis Organizations: REUTERS, CITY, TG1, Hamas, Italy's RAI, Palestine Liberation, U.S, Thomson Locations: Gaza, Israel, Palestine, Jerusalem, Oslo, Israeli, Arab East Jerusalem, Ukraine, Syria, Yemen, Myanmar
ROME, Oct 25 (Reuters) - Italy and other European countries need government-controlled cloud services to store sensitive data, the head of Italian defence and electronics firm Leonardo (LDOF.MI) said on Wednesday, calling it "one of the key issues of our future". "In my opinion, a safe country needs a government cloud, at least for financial, health and defence data," Chief Executive Roberto Cingolani told a hearing at the defence committee of the Italian lower house of parliament. First of all creating a (national) government cloud. Then understanding that these (national) government clouds need to become European government clouds," he said. Leonardo, a listed company controlled by the Italian government, offers cloud services to the Italian state through a consortium including Telecom Italia (TLIT.MI), Italian state lender CDP and state-owned IT firm Sogei.
Persons: Leonardo, LDOF.MI, Roberto Cingolani, Cingolani, Alvise Armellini, Mike Harrison Organizations: Telecom Italia, Thomson Locations: Italy, Europe
At least 20 dead after Italian bus falls from Venice bridge
  + stars: | 2023-10-03 | by ( ) www.reuters.com   time to read: +2 min
The Italian flag waves in front of The "Altare della Patria" also known as "Vittoriano" downtown Rome, Italy, March 23, 2016. REUTES/ Stefano Rellandini/File Photo Acquire Licensing RightsROME, Oct 3 (Reuters) - At least 20 people died on Tuesday after a city bus carrying tourists to a campground crashed off an overpass near Venice in northern Italy and caught fire, the city's Mayor Luigi Brugnaro said. The bus veered off the road and fell close to railway lines in the district of Mestre, which is connected to Venice by a bridge. "There are at least 20 dead, but some people are still trapped in the wreckage," he later told Italian state television channel Rai News24. Italy has suffered a number of deadly bus crashes in recent years.
Persons: REUTES, Stefano Rellandini, Luigi Brugnaro, Brugnaro, ANSA, Giorgia Meloni, Emilio Parodi, Alvise Armellini, Gavin Jones, Crispian Balmer, Jonathan Oatis, Lisa Shumaker Organizations: Rights, Sky Italia, Rai, Thomson Locations: Rome, Italy, Venice, Mestre, Italian, Verona, Venice's prefecture
ROME (AP) — Film legend Sophia Loren is recovering from successful surgery for a leg fracture after she fell in her Switzerland home, an agent for the 89-year-old Italian actor said Monday. Agent Andrea Giusti said in an email that Loren fell in a bathroom on Sunday and the surgery was performed later that day. Loren has lived in a Swiss villa near Lake Geneva for decades. Earlier this month, she appeared, looking radiant, with Italian designer Giorgio Armani in Venice at a fashion show held on the sidelines of the city’s annual film festival. According to her agent, Loren gave the restaurant the right to use her name and image.
Persons: Sophia Loren, Andrea Giusti, Loren, ” Giusti, didn’t, Rai, Giorgio Armani Organizations: ROME Locations: Switzerland, Swiss, Lake Geneva, Italian, Venice, Bari, Italy
Migrants wait at the port to be transferred to the mainland, on the Sicilian island of Lampedusa, Italy, September 14, 2023. "In the past 48 hours, around 7,000 people have arrived in Lampedusa, which has always welcomed them with open arms," mayor Filippo Mannino told Italy's RTL 102.5 radio. "We stand ready to support Italy and this is what we are doing," a Commission spokesperson said. Preliminary data from Spain, another country on the EU's southern flank, showed the number of migrant arrivals to the Canary Islands more than trebled to 2,891 people in the first two weeks of September. Matteo Villa, a migration data analysis expert from the ISPI think tank in Milan, told Reuters migrant arrivals to Italy this year are close to the record registered in 2016, when more than 180,000 people came.
Persons: Yara, Lampedusa, Filippo Mannino, Giorgia, Matteo Salvini, Meloni, Matteo Villa, Gavin Jones, Alvise Armellini, Federico Maccioni, Corina Pons, Keith Weir, Janet Lawrence Organizations: REUTERS, European Commission, European Union, RTL, Thomson Locations: Lampedusa, Italy, North Africa, Tunisia, Malta, Sicily, Europe, Italian, Budapest, Brussels, Spain, Senegal, Milan, Tunis, Rome, Madrid
A study funded by the German government and published in 2016 estimated that 22,000 Italians were victims of Nazi war crimes, including up to 8,000 Jews deported to death camps. However, it did not offer reparations for war crimes. "They didn't look at war crimes and this was a mistake. In 1994, a cupboard was found in the offices of Rome's military prosecutors packed with files documenting hundreds of war crimes that had never been prosecuted. In 2012, the International Court of Justice backed Berlin, but Italian courts continued to hear compensation cases, saying no limit could be imposed on war crimes.
Persons: Crispian Balmer, Mauro Petrarca, Domenico Lancellotta, Giulio Disegni, Lucio Olivieri, Petrarca, Mario Draghi, Disegni, Fornelli, Giovanni Tedeschi, Alison Williams Organizations: REUTERS, Nazis, International Court of Justice, Union of Italian Jewish, Allied, Rome, Nazi, Berlin, PRIDE, Italian Treasury, Reuters, Treasury, Thomson Locations: Fornelli, Molise, Italy, Germany, Berlin, Rome
LONDON, Aug 11 (Reuters) - U.S. hedge fund Davidson Kempner Capital Management (DK) said on Friday it had agreed to sell Prelios to fintech firm ION Group, in a long-awaited deal which two sources said valued the Italian credit manager at 1.35 billion euros ($1.5 billion). DK, which did not disclose the sale price, had been looking for a buyer for years, and held discussions for several months with ION. Dublin-based ION Group was in turn in talks with banks for months to secure funding for the deal. Founded by former Salomon Brothers trader Andrea Pignataro, ION Group provides services of trading, analytics, treasury and risk management for capital and commodity markets. In 2021 in Italy alone, ION bought banking software provider Cedacri for $1.8 billion and acquired Cerved in a deal that valued the credit data and management group at nearly 2 billion euros.
Persons: Salomon, Andrea Pignataro, UniCredit, Intesa, DK, Lazard, Prelios, Mediobanca, Goldman Sachs, Morgan Stanley, Riccardo Serrini, Valentina Za, Pablo Mayo, David Goodman, Susan Fenton Organizations: Davidson, Capital Management, ION Group, ION ., ION, Reuters, BNP, Banco, Standard Chartered Bank, Mediobanca, UBS, X3, DK, Thomson Locations: ION . Dublin, Italy
Italy repatriates looted ancient artefacts from the US
  + stars: | 2023-08-11 | by ( ) www.reuters.com   time to read: +1 min
[1/5] Some of the antiquities returned to Italy from U.S. are displayed during a ceremony in New York, U.S., August 8, 2023. The items, the oldest of which date back to the 9th century BC, include works belonging to the periods of the Etruscan civilisation, Magna Graecia and Imperial Rome. Pictures provided by the Italian culture ministry show the artefacts include several painted pots, the head of a statue and some coins, which were displayed at a restitution ceremony earlier this week in New York. The Italian statement said a further 65 artefacts had come from the Menil Collection museum in the U.S. city of Houston. "The Menil Collection declined these works from the collector and they have never been part of the museum's collection," the spokesperson said.
Persons: Angelo Amante, Keith Weir, Miral Fahmy, Mark Potter Organizations: REUTERS, Graecia, Menil, Italian, of, Thomson Locations: Italy, U.S, New York, REUTERS ROME, United States, Imperial Rome, Houston
[1/2] Gondoliers row their gondolas through the Venice Canal as the city prepares for the Redentore Festival celebrations in Venice, Italy, July 15, 2023. REUTERS/Manuel Silvestri/File PhotoJuly 31 (Reuters) - UNESCO experts have recommended that Venice and its lagoon be added to its list of World Heritage in Danger as Italy is not doing enough to protect the city from the impact of climate change and mass tourism. UNESCO World Heritage Centre experts regularly review the state of the UN cultural agency's 1,157 World Heritage sites, and at a meeting in Riyadh in September, a committee of 21 UNESCO member states will review more than 200 sites and decide which to add to the danger list. Other sites recommended to be put on the danger list this year are the cities of Kyiv and Lviv in Ukraine. A spokesperson for the Venice municipality told Reuters the city "will carefully read the proposed decision published today by the Center for UNESCO's World Heritage Committee and will discuss it with the government".
Persons: Manuel Silvestri, Geert De Clercq, Augustin Turpin, Federica Urso, Leslie Adler Organizations: REUTERS, UNESCO, Heritage Centre, UN, Reuters, Center, World Heritage, Thomson Locations: Venice, Italy, Danger, Riyadh, Odessa, Ukraine, Timbuktu, Mali, Syria, Iraq, Libya, Kyiv, Lviv, Paris, Rome
CNN —A court ruling that found a school janitor not guilty of groping a student because the act only lasted less than 10 seconds has sparked outrage in Italy. “Love, you know I was joking,” the janitor said, according to the teenager’s testimony mentioned in the judgment. The decision caused outrage among students and sparked a viral trend on social media. A local union representing high school students, ‘Rete degli Studenti Medi del Lazio,’ said on Facebook that “this is not a joke, there is nothing funny about it.”“It is unacceptable that we cannot feel protected at school. Accompanying the media are the hashtags #10secondi and #palpatabreve (brief groping).
Persons: CNN —, Rome, , Medi, , , TikTok, Lotus, Paolo Camilli Organizations: CNN, RAI, Facebook Locations: Italy, Lazio
MILAN, June 10 (Reuters) - U.S. fund KKR (KKR.N) strengthened its lead in the race to secure the landline grid of Telecom Italia (TIM) (TLIT.MI) when it offered to raise its bid by up to or over 2 billion euros ($2.2 billion), two people with knowledge of the matter said. The value of KKR's offer could top 23 billion euros overall, widening the gap with a rival proposal by a consortium comprising Italian state lender CDP and Australian fund Macquarie (MQG.AX). The improved offer would still be short of a valuation of more than 30 billion euros for the grid sought by TIM's top shareholder Vivendi (VIV.PA). Sources had previously told Reuters that both Labriola and some leading Italian officials already saw KKR as the strongest bidder prior to Friday's proposal. TIM's board meets to review the proposals on June 19 and is expected to take a decision on June 22.
Persons: Pietro Labriola's, Labriola, KKR, Macquarie, Akriti Sharma, Elvira Pollina, Marguerita Choy, Leslie Adler Organizations: MILAN, KKR, Telecom Italia, Macquarie, Vivendi, Reuters, TIM, Thomson Locations: ServCo, NetCo, Bengaluru, Milan
MILAN, May 20 (Reuters) - Telecom Italia (TIM) (TLIT.MI) is being urged by some directors to hold an extraordinary board meeting to name a candidate sponsored by top investor Vivendi (VIV.PA) to fill a vacant director seat at the former phone monopoly, two sources said on Saturday. One of the sources said Telecom Italia's nomination committee will start a review of Carta's candidacy on Monday, adding no board meeting has yet been called. The board seat has been vacant since January when Vivendi Chief Executive Arnaud de Puyfontaine quit the board asking for a new governance set-up. In their latest bids, KKR and the rival consortium offered 21 billion euros ($23.12 billion) and 19 billion euros, respectively, for the asset, source have previously said, some 10 billion euros below Vivendi's price tag to back a deal. TIM directors are expected to discuss the bids at an ordinary board meeting due on June 22.
MILAN, May 20 (Reuters) - Telecom Italia (TIM) (TLIT.MI) is being urged by some directors to hold an extraordinary board meeting to name a candidate sponsored by top investor Vivendi (VIV.PA) to fill a vacant director seat at the former phone monopoly, two sources said on Saturday. One of the sources said Telecom Italia's nomination committee will start a review of Carta's candidacy on Monday, adding no board meeting has yet been called. The board seat has been vacant since January when Vivendi Chief Executive Arnaud de Puyfontaine quit the board asking for a new governance set-up. In their latest bids, KKR and the rival consortium offered 21 billion euros ($23.12 billion) and 19 billion euros, respectively, for the asset, source have previously said, some 10 billion euros below Vivendi's price tag to back a deal. TIM directors are expected to discuss the bids at an ordinary board meeting due on June 22.
Pope Francis meets with Ukrainian President Volodymyr Zelenskyy at the Studio of Paul VI Hall on May 13, 2023 in Vatican City, Vatican. Francis, using a cane for his knee problem, came to greet the Ukrainian president before ushering him into a papal studio near the Vatican's audience hall. And he said he asked Francis to come aboard Ukraine's peace plan. "I also talked about our Peace Formula as the only effective algorithm for achieving a just peace,″ Zelenskyy said. Zelenskyy, who also met Italian President Sergio Mattarella, is a one-day trip in Rome, including an audience with Pope Francis at the Vatican.
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