Deutsche Tageszeitung - Chairman of Italy's state-controlled shipbuilder dies

Weather - Berlin 4°C

Chairman of Italy's state-controlled shipbuilder dies

ECONOMY 17.06.2024

Chairman of Italy's state-controlled shipbuilder dies / Photo: © AFP/File

The chairman of Italy's state-controlled shipbuilder Fincantieri, Claudio Graziano, a retired general who once headed the UN peacekeeping mission in Lebanon, has died aged 70, Italian Prime Minister Giorgia Meloni said Monday.

Change text size:

The cause of death was not disclosed but Italian media reported that a gun and note were found near his body in his house in Rome.

He had recently been widowed, the reports said.

"I am shocked by the news of the tragic death of General Claudio Graziano," Meloni said in a statement, describing him "an upright servant of the state".

Graziano was named chairman of Fincantieri in 2022 after an illustrious career including stints as chief of staff at the Defence Ministry and commander of the UN Interim Force in Lebanon (UNIFIL) from 2007 to 2010.

"The passing of General Claudio Graziano leaves me speechless," Foreign Minister Antonio Tajani said.

"He was a friend and an extraordinary officer who also honoured Italy in his European roles. May a prayer accompany him on his journey to join his bride," he said on X.

Fincantieri is Europe's leading shipbuilder, with 21,000 employees and revenues exceeding 7.7 billion euros ($8.2 billion).

The group's share price fell three percent on the Milan Stock Exchange on the news of Graziano's death.

(P.Hansen--DTZ)

Featured

Metro Vancouver and Fraser Valley Home Sales Forecast to Rebound in 2027

Home sales in Metro Vancouver and the Fraser Valley are projected to increase by approximately nine percent in 2027, marking a shift from recent declines. The British Columbia Real Estate Association anticipates this modest recovery as mortgage rates fall and tariff impacts fade, though average prices will rise much more slowly due to high inventory levels.

First-time boat buyers advised to assess full ownership costs

Buying a first boat is one of those purchases that arrives with a particular quality of excitement that makes careful financial planning feel like an obstacle rather than a preparation. The boat is there, it’s the right size, it’s in reasonable condition, and the idea of being on the water by the weekend is considerably more compelling than the idea of spending another two hours reading about comparison rates.

US Treasury order targets bank transfers linked to crypto exchange MEXC

U. S.

Thames Water seeks to delay £12bn in debt repayments

Thames Water has unveiled intends to push back over around £12 billion of its debts due until March 2028 in a move giving the stricken supplier vital breathing space as it looks to secure a rescue deal. The UK’s biggest water group – which is struggling under a debt mountain of over £20 billion – stated the planned deal will extend repayments on debts that were due in March 2027 for another year.

Change text size: