Articles by Francesca Landini and Tim Hepher

Prosecutors Say Italian Supplier Produced 4,000 Flawed Parts for Boeing Over 5 Years

MILAN – An Italian supplier at the center of recent industrial snags on the 787 Dreamliner airplane produced more than 4,000 non-compliant parts destined for Boeing Co. over five years, a preliminary report from Italian prosecutors shows. Initial results of …

Former Atlantia Execs Face Trial over 2018’s Fatal Genoa Bridge Collapse: Sources

Italian prosecutors investigating the deadly collapse of a bridge in 2018 have asked for 59 people, including former Atlantia CEO Giovanni Castellucci, to be sent for trial, two judicial sources told Reuters. The road bridge, operated by Atlantia’s motorway unit …

Data Theft at Defense Firm Leonardo Targeted Details of Military Aircraft: Arrest Warrant

MILAN – An investigation into a data theft at Leonardo has found that a hacker working inside the Italian defense group appeared to target details of Europe’s biggest unmanned fighter jet program and aircraft used by the military and police, …

Probe into Deadly Genoa Bridge Collapse Reveals Falsified Safety Reports: Police

The long-standing head of Italian infrastructure group Atlantia is ready to step down as a probe into a deadly bridge collapse snowballs, prompting its top shareholder, the Benetton family, to pull support, sources said on Monday. Giovanni Castellucci, who masterminded …

Italy’s Atlantia Sets Aside $400M to Rebuild Genoa Bridge; Reveals Insurer Dispute

Italian infrastructure group Atlantia has set aside 350 million euros ($400 million) to cover the estimated cost of rebuilding the Genoa bridge which collapsed in August and compensating the families of those killed. The viaduct disaster claimed 43 lives, sparking …

Intesa Abandons Plans to Buy Generali, Citing Lack of Shareholder Value

Italy’s biggest retail bank Intesa Sanpaolo abandoned plans to join forces with the country’s largest insurer Assicurazioni Generali on Friday, saying a tie-up would not create value for its shareholders. A merger of the two would have created an Italian …