TV, soccer and finance: Silvio Berlusconi’s many businesses

ROME (Reuters) -Silvio Berlusconi, the former Italian prime minister and billionaire media mogul who died on Monday at the age of 86, controlled a diverse business empire through the Fininvest family holding and several related companies. FININVEST Berlusconi, who made his name by building a media empire in the 1980s and as owner of European…

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Analysis-What’s next for Italy’s coalition after Berlusconi’s death?

By Angelo Amante and Giuseppe Fonte ROME (Reuters) – The death of Silvio Berlusconi will send shockwaves through his Forza Italia party, a member of Italy’s right-wing coalition, but analysts believe it could provide a chance for Prime Minister Giorgia Meloni to strengthen her leadership. Media tycoon Berlusconi founded Forza Italia when he entered politics…

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UNESCO: United States planning to rejoin UNESCO organisation

PARIS (Reuters) -The United States plans to rejoin the UNESCO organisation from this July onwards, UNESCO announced on Monday. The United States withdrew from the U.N. cultural agency in December 2018 under President Donald Trump over accusations of anti-Israel bias and mismanagement. “It is a strong act of confidence in UNESCO and in multilateralism”, UNESCO…

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Lockheed Martin collaborates with GlobalFoundries to secure defense chip supply

(Reuters) – Chipmaker GlobalFoundries and missile manufacturer Lockheed Martin on Monday announced their partnership to secure domestic semiconductor supply for defense systems. The strategic collaboration will secure manufacturing across a range of advanced and next-generation chips, and will allow leveraging of GlobalFoundries’ technology to increase anti-fragility in microelectronics systems and supply chains. Defense companies have…

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American, JetBlue urge US judge to allow them to keep codeshare arrangements

By David Shepardson WASHINGTON (Reuters) – American Airlines and JetBlue Airways asked a U.S. judge late Friday to allow them to continue mutual frequent flyer recognition and codeshare arrangements. U.S. District Judge Leo Sorokin ruled on May 19 that the airlines must end their Northeast Alliance (NEA) they used to coordinate flights and pool revenue…

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Driver charged after Australia’s worst bus accident in decades kills 10 wedding guests

By Renju Jose SYDNEY (Reuters) -A man was charged with dangerous driving on Monday after at least 10 wedding guests were killed when the bus they were travelling in crashed at a roundabout in Australia’s worst bus accident in almost 30 years, police said. Twenty-five people were injured in the accident around 11:30 p.m. (1330…

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