https://feeds.thelocal.com/ Read the latest news and views from Italy in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Shares in Italy's Leonardo, one of world's top ten defence companies, went into free fall on Tuesday after the company presented a recovery plan that worried analysts said was too vague for comfort. https://www.thelocal.it/20180131/shahres-in-italys-largest-defence-group-go-into-free-fall-over-disappointing-recovery-plan Wed, 31 Jan 2018 09:49:47 +0100 shahres-in-italys-largest-defence-group-go-into-free-fall-over-disappointing-recovery-plan An Italian court on Monday acquitted the former chief of aerospace and defence group Finmeccanica of false accounting and corruption charges, as well as the head of one of its subsidiaries. https://www.thelocal.it/20180109/former-italy-aerospace-boss-acquitted-of-corruption-charges Tue, 09 Jan 2018 09:55:02 +0100 former-italy-aerospace-boss-acquitted-of-corruption-charges Italy's highest court on Friday suspended a sentence for false accounting and corruption handed earlier this year to the former boss of aerospace and defence group Finmeccanica, Giuseppe Orsi, Italian media reported. https://www.thelocal.it/20161217/court-suspends-finmeccanica-ex-bosss-corruption-sentence Sat, 17 Dec 2016 13:18:48 +0100 court-suspends-finmeccanica-ex-bosss-corruption-sentence The former boss of Italian aerospace and defence group Finmeccanica, Giuseppe Orsi, was sentenced on Thursday by the Milan appeals court to 4.5 years in jail for false accounting and corruption, Italian media reported. https://www.thelocal.it/20160408/finmeccanicas-ex-boss-sentenced-to-jail-for-corruption Fri, 08 Apr 2016 10:25:54 +0200 finmeccanicas-ex-boss-sentenced-to-jail-for-corruption Kuwait and Finmeccanica signed on Tuesday a contract for 28 Eurofighter "Typhoon" warplanes as the oil-rich Gulf state that is part of the anti-Islamic State coalition beefs up its military might. https://www.thelocal.it/20160406/kuwait-buys-28-warplanes-in-biggest-ever-deal-for-finmeccanica Wed, 06 Apr 2016 10:25:45 +0200 kuwait-buys-28-warplanes-in-biggest-ever-deal-for-finmeccanica Italian aerospace and defence giant Finmeccanica on Wednesday said it planned to change its name to Leonardo, after celebrated Renaissance artist Leonardo da Vinci, as part of a major restructuring. https://www.thelocal.it/20160317/italian-arm-dealers-looks-to-leonardo-for-renaissance Thu, 17 Mar 2016 11:07:23 +0100 italian-arm-dealers-looks-to-leonardo-for-renaissance Sweden's anti-corruption authorities said on Thursday they had launched an inquiry into the Swedish Maritime Administration's 2012 purchase of seven rescue helicopters from Italian maker AgustaWestland. https://www.thelocal.it/20150619/italys-agustawestland-in-swedish-corruption-probe Fri, 19 Jun 2015 10:35:22 +0200 italys-agustawestland-in-swedish-corruption-probe Italian trade unions have urged the government to block a deal by Japan's Hitachi to buy Finmeccanica's rail and traffic signal businesses in order to "save jobs and a strategic sector in the country". https://www.thelocal.it/20150224/italys-unions-oppose-hitachi-rail-deal Tue, 24 Feb 2015 15:31:00 +0100 italys-unions-oppose-hitachi-rail-deal Hitachi said on Tuesday it would buy the rail and traffic signal businesses of Italy's Finmeccanica, in a deal that could reach more than $2.0 billion as it looks to take on global rail giants. https://www.thelocal.it/20150224/finmeccanica-to-sell-rail-firm-to-japan-for-21bn-hitachi Tue, 24 Feb 2015 09:30:00 +0100 finmeccanica-to-sell-rail-firm-to-japan-for-21bn-hitachi Italy’s Finmeccanica plans to shed 3,000 jobs over the next two years as it seeks to boost revenues and cut debt. https://www.thelocal.it/20150206/finmeccanica-plans-3000-job-cuts Fri, 06 Feb 2015 16:22:00 +0100 finmeccanica-plans-3000-job-cuts Russian oil giant Rosneft said Wednesday it has reached a deal with Italian group Finmeccanica to produce 160 helicopters in Russia. https://www.thelocal.it/20150101/italys-finmeccanica-in-russia-chopper-deal Thu, 01 Jan 2015 10:13:36 +0100 italys-finmeccanica-in-russia-chopper-deal Finmeccanica and Unicredit are among the 340 international companies said to have struck secret tax deals in Luxembourg, allowing them to reduce global tax bills despite having little activity in the tax haven. https://www.thelocal.it/20141106/major-italian-firms-cut-secret-luxembourg-tax-deal Thu, 06 Nov 2014 11:59:00 +0100 major-italian-firms-cut-secret-luxembourg-tax-deal Italian aerospace giant Finmeccanica has sued the US government over the Pentagon's plan to award an Army helicopter contract to Airbus, violating its rules against sole-source contracts. https://www.thelocal.it/20140924/finmeccanica-sues-us-over-airbus-helicopter-deal Wed, 24 Sep 2014 10:06:00 +0200 finmeccanica-sues-us-over-airbus-helicopter-deal The former chairman of Finmeccanica, Italy’s state-controlled defence and industrial conglomerate, has been placed under house arrest over alleged links to a corruption racket involving a government project. https://www.thelocal.it/20140630/ex-finmeccanica-chief-arrested-in-bribery-probe Mon, 30 Jun 2014 14:57:00 +0200 ex-finmeccanica-chief-arrested-in-bribery-probe India on Friday partially won an appeal against an Italian court order rejecting its request to recover bank guarantees over a scrapped helicopter deal at the centre of a bribery scandal. https://www.thelocal.it/20140524/india-wins-italy-appeal-over-helicopter-deal Sat, 24 May 2014 12:00:00 +0200 india-wins-italy-appeal-over-helicopter-deal Italian industrial and aerospace giant Finmeccanica on Tuesday reported a €12 million($17-million) first quarter loss compared to a €6.0 million profit a year earlier due to European and US defence cuts. https://www.thelocal.it/20140507/italys-industrial-giant-finmeccanica-switches-to-loss Wed, 07 May 2014 10:19:00 +0200 italys-industrial-giant-finmeccanica-switches-to-loss Italian industrial giant Finmeccanica said on Monday it was paying €2.5 million ($3.5 million) to Belgium's national railway to avoid being sued over a now-cancelled order of faulty high-speed trains. https://www.thelocal.it/20140505/italys-finmeccanica-settles-row-over-faulty-belgian-trains Mon, 05 May 2014 18:23:27 +0200 italys-finmeccanica-settles-row-over-faulty-belgian-trains Ground sensors and satellites will be deployed in a new bid to keep the ancient Roman city of Pompeii from crumbling following a series of recent collapses at the sprawling and long-neglected site near Naples. https://www.thelocal.it/20140403/sensors-and-satellites-to-save-pompeii-2 Thu, 03 Apr 2014 18:31:00 +0200 sensors-and-satellites-to-save-pompeii-2 The financial police on Monday announced the arrest of two former executives of Finmeccanica, Italy’s aerospace and defence giant, as part of an international bribery operation. https://www.thelocal.it/20140324/bribery-scandal-hits-ex-finmeccanica-bosses Mon, 24 Mar 2014 17:43:00 +0100 bribery-scandal-hits-ex-finmeccanica-bosses Two men have been sentenced to prison by a Genoa court for kneecapping the chief executive of Ansaldo Nucleare, the nuclear subsidiary of the Italian aerospace and defence giant Finmeccanica. https://www.thelocal.it/20131112/anarchists-jailed-for-shooting-ansaldo-ceo Tue, 12 Nov 2013 13:29:00 +0100 anarchists-jailed-for-shooting-ansaldo-ceo