Il Messaggero News
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Italian President Giorgio Napolitano was elected to a second term after accepting a last- minute appeal from party leaders to run again, a step that may resolve the nation’s political crisis two months after inconclusive elections.
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Italian lawmakers will begin the election of a new president on April 18 as the legislature seeks to end a political impasse that’s left the country without a new government six weeks after elections.
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Telecom Italia SpA’s largest shareholders gathered in Milan today ahead of a crucial board meeting whose focus will be on a potential link-up with Hutchison Whampoa Ltd., two people with knowledge of the matter said.
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Telefonica SA is willing to exit its six-year investment in Telecom Italia SpA as Italy’s largest phone company considers a combination with Hutchison Whampoa Ltd.’s wireless business in the country, according to two people with knowledge of the matter.
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Pope Francis ventured outside the Vatican’s walls to pray at a Roman basilica and pay his hotel bill the day after becoming the first Roman Catholic leader to hail from outside Europe in more than 1,200 years.
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Goldman Sachs will have the main advisory role in the spinoff of Fiat’s SpA industrial units, Il Messaggero reported, without saying where it got the information.
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Roman Catholic cardinals returned to the Sistine Chapel for a third round of voting after they failed to elect a successor to retired Benedict XVI in their morning ballots.
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Italian Prime Minister Mario Monti will likely have to call a confidence vote to win parliamentary approval for his emergency economic measures, Il Messaggero reported, citing Gianfranco Fini, head of the Chamber of Deputies.
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Granarolo SpA’s main investor, Gran Latte, may contribute 500 million euros ($723 million) in a bid for 60 percent of Parmalat SpA , daily Il Messaggero reported, without saying where it got the information.
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UniCredit SpA will make an offer today to buy the German branches of Skandinaviska Enskilda Banken AB, Il Messaggero reported, without saying where it got the information.
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