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March 12, 1993 | From Times Staff and Wire Reports
Three top managers in Italy's state-controlled energy conglomerate were arrested in a mushrooming corruption scandal. Pio Pigorini, Gianni Dell'Orto and Raffaele Santoro were taken into custody two days after the chairman of the Ente Nazionale Idrocarburi conglomerate was placed under arrest.
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NEWS
March 12, 1993 | From Times Staff and Wire Reports
Three top managers in Italy's state-controlled energy conglomerate were arrested in a mushrooming corruption scandal. Pio Pigorini, Gianni Dell'Orto and Raffaele Santoro were taken into custody two days after the chairman of the Ente Nazionale Idrocarburi conglomerate was placed under arrest.
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BUSINESS
March 4, 1999
Just a day after the State Department warned it would review a $1-billion oil deal between Iran and two European oil companies, two of the largest domestic oil companies said they wanted an end to sanctions. Atlantic Richfield Co., the fifth-largest U.S. oil company, said Wednesday that not only were sanctions bad for the Los Angeles-based company but they also were bad for U.S. business.
NEWS
March 10, 1993 | WILLIAM D. MONTALBANO, TIMES STAFF WRITER
Italy's worst corruption scandal ensnared a former prime minister Tuesday, and the business world recoiled from the arrest of two of the country's most senior state industry executives. As opposition voices demanded a new government, a parliamentary commission voted to strip former Prime Minister Bettino Craxi of his legislative immunity. Craxi had faced 41 accusations of corruption, participating in illegal party financing and receiving bribes.
NEWS
February 12, 1998 | RICHARD BOUDREAUX, TIMES STAFF WRITER
Boris N. Yeltsin misspoke on Iraq, neglected to salute Italy's flag and needed help answering simple questions. His health was considered too fragile for a side trip to collect an honorary degree from the University of Bologna. Other than that, the Russian president's three-day state visit to Italy was a big success. Yeltsin flew home Wednesday with $5 billion in trade and investment contracts that promise thousands of jobs for his country's struggling economy.
NEWS
March 11, 1999 | RICHARD BOUDREAUX, TIMES STAFF WRITER
Iranian President Mohammad Khatami, aiming to end his country's isolation, challenged an audience of European scholars Wednesday night to open a "profound, thoughtful dialogue" with the Islamic world. Then he canceled a scheduled question-and-answer session and left the stage. Khatami's abrupt exit, which embarrassed his hosts at the European University Institute, appeared to undermine the message of his three-day visit.
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