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Carnival Cruises profits sink after string of accidents

March 10, 2012 16:15
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Carnival Corp. said on Friday that its 2012 earnings would likely be down 82 per cent because of recent disasters that beset the world's largest cruise line.
March 9, 2012 13:32
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Tensions between Italy and Britain over failed hostage rescue attempt

British raid in Nigeria led to deaths of two hostages held for more than nine months by Boko Haram
Nigerian hostageEnlarge
Briton Chris McManus, who was killed yesterday in Nigeria when British Special Forces tried to rescue him from his captors. (-/AFP/Getty Images)

Success has many fathers, but failure?

Yesterday's failed attempt by British Special Forces to rescue a pair of British and Italian men held hostage by Nigeria's Islamist Boko Haram for the last nine months has led to diplomatic repercussions.

Italian President Giorgio Napolitano has expressed genuine anger at not being informed about the raid in advance. "The way the British government has behaved is quite inexplicable. To have failed to inform or consult Italy, with regard to a military action which could have such consequences," Napolitano said.

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Italy: UK failure to notify Rome before Nigeria hostage bid 'inexplicable'

March 9, 2012 08:27
Construction engineers Franco Lamolinara and Chris McManus, who were kidnapped in the town of Birnin Kebbi in May 2011, died in an attempted rescue bid by UK Special Forces and the Nigerian military on Thursday.

India and Italy seek to 'clear air' over fishermen's deaths

February 28, 2012 08:39
Two Italian marines employed to provide security on an oil tanker are being held in the southern city of Kochi while they are investigated for murder in India, after firing on a trawler off the coast of Kerala ten days ago, killing two fishermen.

Silvio Berlusconi bribery case thrown out

February 25, 2012 13:21
The case, which dates back to the 1990s, centers on allegations that the ex-premier, 75, paid his former British tax lawyer, David Mills, $600,000 to lie in court about Berlusconi’s business interests.

European court says Italy violated migrants' rights by returning them to Italy

February 23, 2012 18:52
The 11 Somalia and 13 Eritrean nationals who filed a complaint with the Strasbourg-based body against Italy were part of a group of 200 migrants, including children and pregnant women, who left Libya aboard three boats trying to cross the Mediterranean.

Costa Concordia: Eight more bodies found in wreckage

February 22, 2012 09:54
“Before today, fifteen people were still listed as missing and presumed dead, putting the death toll from the catastrophe at 32 people killed.

Italian police seize record $6 trillion of fake US bonds

February 17, 2012 12:13
Anti-mafia prosecutors, in cooperation with Swiss police, found the bonds in three metal boxes in a warehouse in Zurich.

India questions Italian ship crew after 2 fishermen shot dead

February 17, 2012 08:27
The crew of the MV Enrica Lexie said they feared their boat was about to be attacked by pirates and so they fired in self-defence.
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