Italy Proposes New Eni CEO in State Firm Shake-up
Italy on Monday tried to breathe fresh air into state-backed companies, making a clean sweep of top management at firms such as oil major Eni and defense group Finmeccanica in a test of Prime Minister Matteo Renzi's pledge to break with old-style cronyism. The Italian Treasury…
GE Says No Room to Buy Ansaldo STS
U.S. conglomerate General Electric Co does not see room for a deal to buy rail signalling firm Ansaldo STS from Italian defence group Finmeccanica, GE Europe President and CEO Nani Beccalli-Falco said on Friday. "When things drag on for a long time it becomes difficult to conclude.
