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☆ Berlusconi family holding adds two board seats as daughter Eleonora joins
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Eleonora Berlusconi, Barbara Berlusconi and Luigi Berlusconi react on the day of the state funeral of former Italian Prime Minister Silvio Berlusconi outside the Duomo Cathedral, in Milan, Italy June 14, 2023. The other new entry is lawyer Michele Carpinelli, an M&A expert and a long-time family adviser, the source added. In his will, Berlusconi, who died aged 86 in June, handed his eldest children, Marina and Pier Silvio, joint control of Fininvest through a combined, indirect 52% stake. Marina and Pier Silvio have been directly involved in running the family business for almost two decades. Pier Silvio, Barbara and Luigi have long been board members.

Persons: Eleonora Berlusconi, Barbara Berlusconi, Luigi Berlusconi, Silvio Berlusconi, Claudia Greco, Berlusconi, Michele Carpinelli, Silvio, Barbara, Eleonora, Luigi, Marina Berlusconi, Berlusconi's, Mediolanum, Elvira Pollina, Keith Weir, Valentina Za Organizations: Italian, Duomo Cathedral, REUTERS, Repubblica, Marina, Mondadori, Thomson Locations: Duomo, Milan, Italy

☆ 'The gorilla is gone for the moment': OpenAI's rivals see ways to profit from a Silicon Valley drama
▼ + stars: | 2023-11-21 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +5 min

An in-demand talent pool"Many previously poorly understood secrets will be more widely disseminated across the ecosystem," one European AI founder who spoke on the condition of anonymity said. But European competitors can still benefit from OpenAI's implosion. The startup had been on an uninterrupted run for the past year, said EarlyBird VC partner and Aleph Alpha investor Andre Retterath. The turmoil at OpenAI has also galvanized both AI founders and investors in Europe. The company's top expenditure, besides employee salaries, is manually cleaning and sourcing the data they use to train their models, a European VC said.

Persons: Sam Altman, unseats, Nathan Benaich, Altman, Marc Benioff, Salesforce, Silvio Savarese, Einstein, 1RXoc9ekeo, Benaich, Alpha, EarlyBird, Andre Retterath, Retterath, Mariam Pettit, they've, OpenAI, Andrew Scott, 7percent, David Grimm, Grimm, Rebecca Gorman Organizations: Air Street Capital, Business, Aleph Alpha, Microsoft, Google, Alpha, Global Founders Capital, Albion Locations: Europe, OpenAI

☆ Italy says migrant pact with Albania isn't comparable to UK-Rwanda plan
▼ + stars: | 2023-11-21 | by ( Angelo Amante | ) www.reuters.com time to read: +2 min

"This Protocol is not comparable to the agreement between the United Kingdom and Rwanda," Tajani said, rejecting comparisons between the Italian initiative and Britain's, which UK's top judges have declared unlawful. The protocol, seen by Reuters, says the camps will operate under Italian jurisdiction, and should open in spring 2024. Tajani told lawmakers Italy would bear all the costs, including building and policing the centres, and would pay 16.5 million euros ($18.00 million) for the initial expenses. Some 150,000 sea migrants have arrived in Italy so far this year, compared to around 94,000 in the same period in 2022. ($1 = 0.9168 euros)Reporting by Angelo Amante Editing by Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Giorgia Meloni, Antonio Tajani, Tajani, Meloni, Silvio Berlusconi, Angelo Amante, Alexandra Hudson Organizations: Reuters, Albanian, Forza Italia, Alexandra Hudson Our, Thomson Locations: Albania, Rwanda, Africa, Italy, Turkey, United Kingdom, Tajani

☆ Salesforce CEO pledges to match contracts of OpenAI researchers who resign and join Einstein Trusted AI team
▼ + stars: | 2023-11-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Marc Benioff promised to match the contracts of OpenAI researchers who resign to join Salesforce. The offer comes amid the chaotic ouster of OpenAI CEO Sam Altman, and rumors Altman could return to the job. "Salesforce will match any OpenAI researcher who has tendered their resignation full cash & equity OTE to immediately join our Salesforce Einstein Trusted AI research team under Silvio Savarese," Benioff, the Salesforce CEO, posted on X in a pledge to buy out the OpenAI researchers' contracts, along with any unrealized profits and sales incentives. As many as 95% of OpenAI workers have also threatened to quit if Altman, the company's co-founder, is not reinstated. AdvertisementSalesforce's Einstein is the company's generative AI program built for managing relationships with customers.

Persons: Marc Benioff, Sam Altman, Altman, —, Salesforce, Silvio Savarese, Einstein, Benioff, Greg Brockman, OpenAI, Jakub Pachocki, Szymon Sidor, Aleksander Madry, Savarese, Stanford — Organizations: Salesforce, Service, Enterprise, Business, OpenAI, New York Times, Stanford

☆ Satya Nadella says Microsoft 'will definitely have a place for all AI talent' in the wake of OpenAI drama
▼ + stars: | 2023-11-21 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Satya Nadella says Microsoft welcomes AI talent who want to leave OpenAI. "We will definitely have a place for all AI talent to come here," he said on Kara Swisher's podcast. AdvertisementMicrosoft CEO Satya Nadella says his company is open to taking in AI talent who want to leave OpenAI following the ouster of its former CEO Sam Altman. Emmett Shear, the former CEO of Twitch, was named the new interim CEO of OpenAI on the same day. AdvertisementRepresentatives for Microsoft and OpenAI did not immediately respond to requests for comment from Business Insider sent outside regular business hours.

Persons: Satya Nadella, Kara Swisher's, Sam Altman, —, Greg Brockman, Emmett Shear, Altman, Nadella, Kara Swisher, Marc Benioff, Silvio Savarese, Benioff, OpenAI Organizations: Service, Microsoft, Salesforce, Business Insider Locations: OpenAI

☆ Biggest protest in Spain against Catalan amnesty law draws 170,000
▼ + stars: | 2023-11-18 | by ( Raul Cadenas Susana Vera | ) www.reuters.com time to read: +3 min

The amnesty will cover about 400 people involved in the independence bid that came to a head in 2017, including separatists but also police involved in clashes with activists. The independence referendum was declared illegal by the courts and resulted in Spain's worst political crisis for decades. The amnesty will be the largest in Spain since the 1977 blanket amnesty for crimes committed during the Francisco Franco dictatorship, and the first amnesty law approved in the European Union since 1991, according to Spain's CSIC research council. Protesters, including neo-Nazi groups, have held rowdy demonstrations outside the Socialist headquarters in Madrid for 15 nights consecutively since the deal was announced. In a survey by Metroscopia in mid-September, around 70% of respondents - 59% of them Socialist supporters – said they were against the idea of an amnesty.

Persons: Catalonia's, Pedro Sanchez, Sanchez, Alberto Nunez Feijoo, Santiago Abascal, Francisco Franco, Metroscopia, –, Graham Keeley, Susana Vera, Raul Cadenas, Silvio Castellanos, Clelia Oziel, Mike Harrison Organizations: Spain's Socialists, Spain's Socialist, Authorities, People's Party, Vox, European Union, Socialist, Thomson Locations: Madrid, Spain, MADRID, Catalan, Basque, Catalonia

☆ Berlusconi family halts monthly payments to Bunga Bunga party guests
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +1 min

Forza Italia leader and former Prime Minister Silvio Berlusconi arrives for a meeting with Italian President Sergio Mattarella at the Quirinale Palace in Rome, Italy October 21, 2022. REUTERS/Guglielmo Mangiapane/File Photo Acquire Licensing RightsMILAN, Nov 3 (Reuters) - Silvio Berlusconi's family has halted the 2,500 euro ($2,670) monthly payments that the late former prime minister had guaranteed to each of 20 female guests at his so-called Bunga Bunga parties, two legal sources said on Friday. Berlusconi died in June at the age of 86. Berlusconi's family declined to comment. Reporting by Emilio Parodi, additional reporting by Elvira Pollina, editing by Nick MacfieOur Standards: The Thomson Reuters Trust Principles.

Persons: Silvio Berlusconi, Sergio Mattarella, Guglielmo Mangiapane, Silvio Berlusconi's, Berlusconi, Berlusconi's, Emilio Parodi, Elvira Pollina, Nick Macfie Organizations: Forza Italia, REUTERS, Thomson Locations: Rome, Italy

☆ VantageScore CEO: U.S. consumer is 'quite healthy,' as credit scores rise despite inflation, mounting debt
▼ + stars: | 2023-11-03 | by ( Sharon Epperson | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVantageScore CEO: U.S. consumer is 'quite healthy,' as credit scores rise despite inflation, mounting debtA new report shows that consumers credit scores have held up, even as they have taken on more debt. The report is from VantageScore, an independently managed joint venture of the credit reporting agencies - Equifax, Experian and Transunion. Sharon Epperson spoke with Silvio Tavares the CEO of VantageScore about the health of the consumers and what you need to know about your credit scores.

Persons: Transunion, Sharon Epperson, Silvio Tavares Locations: VantageScore

☆ MFE retains domestic TV rights of Italian soccer cup
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

MILAN, Oct 30 (Reuters) - Italy's top soccer league Serie A said on Monday it had awarded commercial broadcaster MFE-MediaForEurope <MFEB.MI> the domestic TV rights for the next three seasons of the Italian Cup competition. The deal also includes the right to screen the Italian Super Cup which has been revamped earlier this year as a four-team competition rather than being a match between the winners of Serie A and the Italian Cup. That brings the total value of the deal, which covers the three seasons until 2026-27, to around 168 million euros. The company, which is controlled by the family of late media tycoon Silvio Berlusconi, is the current holder of the Italian Cup and Super Cup domestic TV rights, under a three-year contract expiring in June and worth some 145 million euros. ($1 = 0.9415 euros)Reporting by Elvira Pollina, editing by Gavin Jones and Federico Maccioni and Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Silvio Berlusconi, Elvira Pollina, Gavin Jones, Federico Maccioni Organizations: MILAN, Serie, Reuters, Italian, Super, Sky Italia, Thomson Locations: Italy

It didn’t really matter what the oil painting and antiques vendors hawked. “He had this project to build the largest collection in Italy,” said Giuseppe De Gregorio, a televendor near Naples who sold thousands of paintings to Mr. Berlusconi. “He didn’t want important paintings. He wanted paintings. It was enough if they were painted with oil on a canvas.”

Persons: Silvio Berlusconi, ”, Giuseppe De Gregorio, Berlusconi, “ Locations: Milan, Italy, Naples

☆ Billionaire politicians have become 'shockingly common' around the world, new study finds
▼ + stars: | 2023-10-26 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

More than 11% of the world's more than 2,000 billionaires have run for election or become politicians, according to a study highlighting the growing power and influence of the super-wealthy. "Billionaire politicians are a shockingly common phenomenon," the study said. Outside the U.S., billionaire politicians are even more common. Terry Gou, the Taiwanese billionaire and founder of Foxconn, is running for president of Taiwan. Of course, billionaires wield even more political power through their (often secret) donations to support candidates, parties and super PACs.

Persons: Donald Trump, Terry Gou, Vivek Ramaswamy, Doug Burgum, Michael Bloomberg, Tom Steyer, Billionaire Rick Caruso, J.B, Pritzker, Andrej Babiš, Silvio Berlusconi, Bidzina Ivanishvili, Najib Mikati, Sebastián, Thaksin, Phil Ruffin, Larry Ellison, Nelson Peltz, Richard Uihlein, Jeffrey Yass, Stanley Druckenmiller, Cliff Asness, David Tepper, Bruce Kovner Organizations: Wisconsin Valley Science, Technology, Northwestern University, Democratic, Los Angeles, Tax Fairness, Billionaire Locations: Wisconsin, Mount Pleasant , Wisconsin, U.S, Illinois, Taiwan, Czech Republic, Italy, Georgia, Lebanon, Chile, Thailand

☆ Italian PM's former partner loses TV show over sexist comments
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

Andrea Giambruno, partner of Italy's new Prime Minister Giorgia Meloni, arrives at the Quirinale Presidential Palace for the swearing-in ceremony of Italy's new government, in Rome, Italy October 22, 2022. REUTERS/Yara Nardi/File Photo Acquire Licensing RightsROME, Oct 25 (Reuters) - /Andrea Giambruno, the former partner of Italian Prime Minister Giorgia Meloni, has been taken off a television talk show he had presented before Meloni left him following sexist comments he made to female co-workers. Audio excerpts also revealed him talking about being in an affair and telling colleagues they could work with him if they took part in group sex. MFE is owned by the heirs of the late Silvio Berlusconi, a former prime minister and Meloni ally. Reporting By Gavin Jones Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrea Giambruno, Giorgia Meloni, Yara, Meloni, Giambruno, Silvio Berlusconi, Gavin Jones, Bernadette Baum Organizations: REUTERS, Rights, Italian, Thomson Locations: Rome, Italy, Giambruno

☆ Vivaldi's Four Seasons gets climate change makeover
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +2 min

If today someone were to compose 'The Four Seasons' from an absolutely realistic perspective, it would be frankly daring," composer and producer Hache Costa told Reuters. It will be accompanied by projected images of wildfires and other effects of climate change, such as drought. [1/5]Spanish music director Hache Costa rehearses prior to performing an adaptation of Antonio Vivaldi's famous “The Four Seasons” concertos as a screen shows an image of flowers in spring on International Day against Climate Change in Madrid, Spain, October 24, 2023. Scientists have linked searing temperatures and dry and windy conditions in many parts of the world, including southern Europe, to climate change. Ernesto Rodriguez Camino, president of the Spanish meteorology association, said the impact of climate change in Spain was evident.

Persons: Antonio Vivaldi's, Vivaldi, Hache Costa, Hache, Costa, Ernesto Rodriguez Camino, Antoine Demaison, Silvio Castellanos, Andrei Khalip, David Latona, Bernadette Baum Organizations: Reuters, Thomson Locations: MADRID, Spanish, Italian, Madrid, Spain, Europe

☆ Giorgia Meloni, Italian prime minister, splits from partner after his sexist TV comments
▼ + stars: | 2023-10-20 | by ( ) edition.cnn.com time to read: +1 min

Reuters —Italian Prime Minister Giorgia Meloni said on Friday she had separated from her television journalist partner Andrea Giambruno, who has drawn criticism in recent weeks for sexist comments made on and off air. “My relationship with Andrea Giambruno, which lasted almost 10 years, ends here,” Meloni wrote on her social media accounts. Giambruno is the presenter of a news program transmitted by Mediaset, part of the MFE (MFEB.MI) media group owned by the heirs of the late Silvio Berlusconi, the former prime minister and Meloni ally. The TV journalist had already been widely criticized in August for apparent victim-blaming comments following a gang rape case. Meloni had said after that episode that she should not be judged for comments made by her partner, and that in future she would not answer questions about his behavior.

Persons: Giorgia Meloni, Andrea Giambruno, ” Meloni, Giambruno, Mediaset, Silvio Berlusconi, “, ”, Meloni Organizations: Reuters, Italian

ROME, Oct 20 (Reuters) - Italian Prime Minister Giorgia Meloni said on Friday she had separated from her television journalist partner Andrea Giambruno, who has drawn criticism in recent weeks for sexist comments. Meloni told reporters last month she should not be judged over Giambruno's remarks and in future would not answer questions about his behaviour. The split comes as the 46-year-old prime minister celebrates her first year in office at the head of a right-wing coalition government that has defended the traditional family as one of its policy hallmarks. "My relationship with Andrea Giambruno, which lasted almost 10 years, ends here," Meloni wrote on her social media accounts. The TV journalist had been widely criticised in August for comments interpreted by many as victim-blaming, following a gang rape case.

Persons: Giorgia Meloni, Andrea Giambruno, Meloni, Giambruno, Mediaset, Silvio Berlusconi, Marco Furfaro, Gavin Jones, Deborah Kyvrikosaios Organizations: Italian, Democratic Party, Thomson

Forza Italia leader and former Prime Minister Silvio Berlusconi arrives for a meeting with Italian President Sergio Mattarella at the Quirinale Palace in Rome, Italy October 21, 2022. Vittorio Sgarbi, an art critic and former lawmaker with Berlusconi's Forza Italia party, told state TV RAI this week that the former prime minister spent around 20 million euros to create the collection. Sgarbi told the paper the collection was "monstrously entertaining", but of little value, with only "six of seven" deemed interesting. The family spokesperson said the collection had sentimental value and denied reports it was being dismantled. Forbes estimated that Berlusconi and his family had assets worth around $6.8 billion, of which around two thirds were held by holding company Fininvest.

Persons: Silvio Berlusconi, Sergio Mattarella, Guglielmo Mangiapane, Vittorio Sgarbi, Berlusconi, Sgarbi, RAI's, Elvira Pollina, Angelo Amante, Alvise Armellini, Deborah Kyvrikosaios Organizations: Forza Italia, REUTERS, La Repubblica, Berlusconi's Forza Italia, RAI, Forbes, Thomson Locations: Rome, Italy, Arcore, La Repubblica

☆ Italy PM splits from partner after his sexist TV comments
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] Andrea Giambruno, partner of Italy's new Prime Minister Giorgia Meloni, arrives at the Quirinale Presidential Palace for the swearing-in ceremony of Italy's new government, in Rome, Italy October 22, 2022. REUTERS/Yara Nardi/File Photo Acquire Licensing RightsROME, Oct 20 (Reuters) - Italian Prime Minister Giorgia Meloni said on Friday she had separated from her television journalist partner Andrea Giambruno, who has drawn criticism in recent weeks for sexist comments made on and off air. "My relationship with Andrea Giambruno, which lasted almost 10 years, ends here," Meloni wrote on her social media accounts. The TV journalist had already been widely criticised in August for apparent victim-blaming comments following a gang rape case. Meloni had said after that episode that she should not be judged for comments made by her partner, and that in future she would not answer questions about his behaviour.

Persons: Andrea Giambruno, Giorgia Meloni, Yara, Meloni, Giambruno, Mediaset, Silvio Berlusconi, Alvise Armellini, Gavin Jones Organizations: REUTERS, Rights, Italian, Thomson Locations: Rome, Italy

☆ Inside Passalacqua, the 'world's best hotel'
▼ + stars: | 2023-10-19 | by ( Maria Pasquale | ) edition.cnn.com time to read: +8 min

CNN —The “best hotel in the world” was built by a pope and was regularly visited by one of Italy’s most famous opera composers. On 19 September in London at the inaugural World’s 50 Best Hotels, the hotel on Lake Como was named number one. Passalacqua didn’t invent the term villeggiatura, but her every detail embodies it – a romantic 18th century villa turned faultless luxury hotel where you come to exhale and leave your worries behind. Rooms without a lake view start at 1,300 euros ($1,381) per night or 1,700 euros ($1,806) for a view in November – lowest season. Next summer, rates rise to 2,300 euros ($2,443) for a standard room without a lake view, or 3,200 ($3,400) for the cheapest room with a view.

Persons: we’ll, Stanley Tucci, Napoleon Bonaparte, Winston Churchill, –, Silvio Vettorello, “, Passalacqua, Vincenzo Bellini, Stefan Giftthaler Passalacqua, Antonella Mallone, Paolo De Santis, Valentina De Santis, Valentina, De Santis, “ Passalacqua, ”, Ruben Ortiz, Passalacqua –, Vincenzo Bellini –, Alessandro Rinaldi, Vettorello, Jane Austen, ” Maria Pasquale, Rome Organizations: CNN, intel, Scottish Highlands, Yorkshire Moors Locations: London, Como, Carrara, Verona, Milanese, Moltrasio, Lake Como, Italian, Italy, Yorkshire, Rome

Political Cartoons View All 1211 ImagesThe first woman to be Italy's premier, Meloni "won out against Salvini and Berlusconi. Fears for Italy's democracy have proved to be “exaggerated,’’ said Franco, who noted that Italy's president serves as a guarantor of the republic's post-war constitution. Meloni contends the rulings support a long-held belief on the political right that Italy’s magistrates sympathize with the left. Since becoming premier, Meloni has topped surveys of eligible voters, hovering near 30% — compared to the 26% of votes her party garnered in the 2022 election. Currently, Italy's president asks someone likely able to command a parliamentary majority the task of forming a government.

Persons: Giorgia Meloni, —, Matteo Salvini, Silvio Berlusconi, Vladimir Putin, Meloni, Salvini, Berlusconi, Massimo Franco, ”, Tommaso Grossi, Ursula von der Leyen —, Joe Biden, ’ ’, Franco, it’s, ” Meloni, Von der Leyen, ″, Roberto Calderoli, Antonio Tajani, Tajani, Meloni’s, “, ″ Grossi, nostalgists, Benito Mussolini, Di Segni, Mussolini, Raf Casert Organizations: ROME, Union, European Commission, EU, Kyiv, Russia’s, Forza Italia, European Policy, White, Italian Rai, European Union, “, Union of Italian, Nazi, Associated Locations: Italy’s, Europe, Italy, Brussels, Rome, Hungary, Poland, Meloni, Ukraine, Lampedusa, Libyan, Tunisia, Italian, Israel, Nazi

☆ Meloni’s Italian job is a lesson for EU’s right
▼ + stars: | 2023-09-26 | by ( Lisa Jucca | ) www.reuters.com time to read: +7 min

This is particularly true of Meloni’s surprise decision in August to tax what she called “unjust profits” by domestic banks. Ill-fated tax credits for building renovations introduced by a previous executive are expected to balloon to up to 150 billion euros, UniCredit analysts reckon. That’s 30 billion euros higher than what the current government predicted in April, or around 1.5% of GDP. That’s Meloni’s biggest Italian lesson for parties like Vox and AfD. CONTEXT NEWSThe Italian Treasury will present new economic targets on Sept. 28, which will be the framework for the country’s 2024 budget.

Persons: Spain’s, Benito Mussolini’s “, Rome ”, Ursula von der Leyen, Meloni, Vladimir Putin, –, Silvio Berlusconi, Matteo Salvini – Meloni, ”, Mario Draghi’s, it’s, Giancarlo Giorgetti, Liz Truss, Meloni’s, Vox, Giorgia Meloni, Francesco Guerrera, Oliver Taslic Organizations: Reuters, NATO, European Union, EU, Commission, Economy, Italian Treasury, Thomson Locations: Rome, Italy, Ukraine, Kyiv, China, Greece, Brussels, British, Italian

[1/6] A person holds a placard that reads "No to amnesty" during a rally against a possible amnesty for Catalan separatist leaders in Madrid, Spain, September 24, 2023. Waving Spanish flags, supporters of the opposition conservative People's Party (PP) travelled from across Spain to attend the rally in Madrid. Puigdemont, wanted in Spain for attempting the region's secession, has demanded that legal action be dropped against fellow separatists as a condition for his support. Withdrawing criminal cases against the separatists would amount to granting an amnesty to "coup plotters", he told supporters at the Madrid rally. He did not mention an amnesty but said the Socialists wanted to heal social divisions over the Catalan crisis.

Persons: Susana Vera, Pedro Sanchez, Sanchez, Carles Puigdemont, Puigdemont, Alberto Nunez Feijoo, Gregorio Casteneda, Feijoo, Graham Keeley, Silvio Castellanos, Michael Gore, Peter Graff Organizations: REUTERS, Rights, Sunday, People's Party, Authorities, Reuters, Socialists, Thomson Locations: Madrid, Spain, Rights MADRID, Catalonia, Catalunya, Santander, Spain's, Gava, Catalonia's, Barcelona

☆ Former Italian president Napolitano dies aged 98
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

Former Italian President and senator Giorgio Napolitano speaks following a talk with Italian President Sergio Mattarella at the Quirinal Palace in Rome, Italy, April 13, 2018. REUTERS/Tony Gentile/File Photo Acquire Licensing RightsROME, Sept 22 (Reuters) - Former Italian president Giorgio Napolitano, a onetime communist who helped to steer his country through a debt crisis in 2011, died on Friday aged 98. Condolences poured in from Italian Prime Minister Giorgia Meloni's office, other politicians, the Vatican and beyond. Napolitano became president in 2006 and was elected for an unprecedented second seven-year term in 2013. Reporting by Angelo Amante; writing by Keith Weir and Angelo Amante Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Giorgio Napolitano, Sergio Mattarella, Tony Gentile, Giorgia, Pope Francis, Napolitano's, Clio Bittoni, Napolitano, Pope Benedict XVI, Francis, Mario Monti, Silvio Berlusconi, Enrico Letta, Angelo Amante, Keith Weir, Gareth Jones Organizations: Italian, REUTERS, Rights, European Commission, Thomson Locations: Rome, Italy, Italian

☆ World’s 50 best hotels for 2023 revealed
▼ + stars: | 2023-09-20 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +7 min

London CNN —It opened just over a year ago, but a luxurious 24-key Italian property has already been named the best hotel in the world. Passalacqua, which overlooks Lake Como, beat off stiff competition to receive the top spot on the first-ever edition of the World’s 50 Best Hotels list, which was announced at an awards ceremony in the UK on Tuesday night. The highly-anticipated list honored 50 hotels from 35 destinations across the world. “After seeing the devastating impact of Covid-19 on the hospitality industry, it’s been especially fulfilling to see so many hoteliers from around the world gather in London to celebrate each other’s achievements under one roof for the first-ever awards ceremony of The World’s 50 Best Hotels,” Tim Brooke-Webb, managing director for the World’s 50 Best Hotels, said in a statement. The World’s 50 Best Hotels: Full list1.

Persons: –, Aman Tokyo, ’ Capello, Aman, Rosewood São, ” Valentina De Santis, Passalacqua, Silvio Vettorello, Vincenzo Bellini, ”, De Santis, it’s, Tim Brooke, Webb, Soneva, Chablé, Aman Venice, Le Sirenuse, Borgo, Royal Mansour, São, Cheval Blanc, Soneva Jani, Eden, Oberoi, Hôtel de Crillon Organizations: CNN, London CNN, Firenze, Rosewood, ’ Capello Bangkok, Capella, Hudson Yards, NoMad, CNN Travel, Somerset, Park, Eco, Hospitality, Lodges, Hotel Academy, Singita, Raffles, Madrid, Capella Singapore, Le Bristol Paris, Hyatt Kyoto, Hoshinoya, Atlantis, Equinox Locations: London, Lake Como, Europe, Florence, Asia, Rosewood Hong Kong, Bangkok, Chao Phraya, Hong Kong, Capella Bangkok, Aman New York, York, Hudson, Connaught, Rosewood São Paulo, Brisbane, South Africa, Scotland, Bruton , Somerset, Utah, Italy, Aman Tokyo, Mamounia, Marrakech, Morocco, Soneva Fushi, Maldives, Puerto Vallarta , Mexico, Australia, Chocholá, Mexico, Claridge’s, Raffles Singapore, Wanokaka, Indonesia, Tulum, France, São Paulo, Brazil, Kyoto, Japan, Réserve, Paris, Auchterarder, Du, Antibes, Somerset, Bruton, United Kingdom, Sri Lanka, Hoshinoya Tokyo, Bali, Barths, Siam, Badrutt’s, Moritz, Switzerland, Dubai, Agra, India, Spain

☆ Berlusconi's daughter criticises Meloni over bank windfall tax
▼ + stars: | 2023-09-15 | by ( Angelo Amante | ) www.reuters.com time to read: +2 min

Marina Berlusconi and Luigi Berlusconi attend the funeral of former Italian Prime Minister Silvio Berlusconi at the Duomo Cathedral, in Milan, Italy June 14, 2023. REUTERS/Yara Nardi/File photo Acquire Licensing RightsROME, Sept 15 (Reuters) - Marina Berlusconi, the daughter of former Prime Minister Silvio Berlusconi, on Friday criticised Italy's windfall tax on banks, underlining divisions over the issue in the coalition government that includes her late father's party. Prime Minister Giorgia Meloni has taken personal responsibility for the measure, which targets extra profits made by banks from higher interest rates. "Who determines when a profit is extra and when it is normal?," Marina Berlusconi said to reporters after the assembly of influential Italian business lobby Confindustria. Meloni has said she was open to some modifications, provided the targeted tax take remained unchanged at "just under" 3 billion euros ($3.2 billion).

Persons: Marina Berlusconi, Luigi Berlusconi, Silvio Berlusconi, Yara, Giorgia Meloni, Pier Silvio, Meloni, Berlusconi, Fininvest, Mediolanum, Antonio Tajani, Elvira Pollina, Giuseppe Fonte, Keith Weir Organizations: Italian, Cathedral, REUTERS, Rights, Forza Italia, Thomson Locations: Milan, Italy

☆ Berlusconi's eldest heirs strike pact for joint control of business empire
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

MILAN, Sept 15 (Reuters) - The two eldest heirs of late media mogul Silvio Berlusconi have agreed an open-ended pact which binds them to vote together at the family holding company's shareholder meetings, regulatory filings showed on Friday. In his will, Berlusconi, who died aged 86 in June, handed Marina and Pier Silvio, the offspring from his first marriage, joint control of his media and financial empire held by family holding company Fininvest. Under their pact, Marina and Pier Silvio, each owning a 26% indirect stake in Fininvest, agreed to consult at least five days before any Fininvest shareholder meeting to agree a joint position, the documents showed. The agreement secures a dominant influence of the eldest heirs over the family holding company, the regulatory filings said. All of the heirs agreed a lock-up period of five years, during which time they have pledged not to alter the stakes they hold in Fininvest, the filings showed.

Persons: Silvio Berlusconi, Berlusconi, Mediolanum, Berlusconi's, Barbara, Eleonora, Luigi, materialises, Elvira Pollina, David Holmes Organizations: Marina, Silvio, Mondadori, Thomson Locations: Marina, Fininvest, Milan

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