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June 26, 2025
The shares of European defence companies rose on Thursday, after NATO leaders supported the demand for increased defence spending by U.S. president Donald Trump on Wednesday. At 0814 GMT on Friday, German company Rheinmetall, and Italian Fincantieri…
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July 30, 2025
Fincantieri, an Italian shipbuilder, reported on Wednesday that its core profits grew by 45% and revenues by 24% in the first six months of 2025. The key defence and undersea businesses saw particularly strong growth. The order book of the company…
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July 29, 2025
Koo Yun Cheol, South Korean Finance minister, said on Tuesday that he will seek a trade agreement with mutual benefits when he meets U.S. Treasury Sec. Scott Bessent this week for discussions. This is just days before the August 1 deadline to avoid tariffs expires.
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July 18, 2025
Two sources with knowledge of the matter have confirmed that Fincantieri, an Italian company, is set to hire Eugenio Santagata to lead its defence division. He was previously a top executive in Telecom Italia’s cybersecurity unit Telsy and a former military official.
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June 20, 2025
Thyssenkrupp's CEO Miguel Lopez received a five-year extension, the German conglomerate announced on Friday. The company also set a date in the summer for an extraordinary general assembly to allow shareholders to approve the planned listing.
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June 17, 2025
Taiwan has completed its maiden sea test for its first submarine developed domestically on Tuesday. This is a major milestone in a project that aims to strengthen deterrence and protect vital sea routes in case of war. Taiwan, which China claims…
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June 16, 2025
The Ligue 1 club announced on Monday that Luis Castro has been appointed as the new manager of Nantes. He signed a contract for two years with an additional year option, having gained a reputation at the second-tier Dunkerque. Castro has managed Ligue 2 club Dunkerque the last two seasons.
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May 12, 2025
Fincantieri announced a 53.5% increase in its first-quarter core profits to 154 millions euros ($170.72million), driven by a strong performance in all segments, especially in shipbuilding and increased revenues in defence. Fincantieri, based in Trieste…
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April 25, 2025
The Dutch prosecutor said that they summoned Damen Shipyards, a shipbuilder in the Netherlands, on suspicion of violating EU Sanctions against Russia. They also opened a separate corruption case against Damen Shipyards and its top executives. The company denied the accusations.
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March 24, 2025
Fincantieri, the Italian shipbuilder, reported a net income of 27 million euro ($29.22m) in 2018 and beat expectations by the market for its core earnings. The group's industrial plan had predicted a return to profitability in 2023, but it came one year sooner than expected.
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March 14, 2025
Thyssenkrupp said it is pursuing a plan to spin off a minority stake of its warship division. The newly created holding will be listed at the Frankfurt Stock Exchange. The company said it was in talks with the German Government about a possible…
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March 7, 2025
These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. SpaceX's Starship rocket exploded in the space on Thursday, just minutes after it lifted off from Texas. The FAA halted air traffic in some parts of Florida.
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February 25, 2025
Thyssenkrupp will hold an extraordinary general assembly to complete a spin-off in the warship division in this calendar year. This was revealed by Chief Executive Miguel Lopez in a podcast published on Tuesday. Lopez, speaking on a podcast by the German newspaper WAZ…
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February 24, 2025
At a Rome bilateral summit, the United Arab Emirates announced that it plans to invest 40 billion dollars in Italy. The two countries did not give a timeframe. Since taking office as Italian Prime Minister in 2022 Giorgia Mello has sought to strengthen ties with Gulf nations…
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February 5, 2025
Norwegian Line Holdings and Italian shipbuilder Fincantieri announced on Wednesday that they had reached an agreement for four new cruise ships. A source familiar with the matter estimated that this deal was worth approximately 9 billion euros (9.34 billion dollars).
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January 30, 2025
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. -British car parts group Dowlais agrees $1.49 bln U.S. -Harland & Wolff’s new Spanish owner Navantia will invest…
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January 23, 2025
According to a stock exchange filing, German shipbuilder ThyssenKrupp, along with its Indian partner, has cleared field trials in order to build six advanced conventional subs for the Indian Navy. An Indian defence source claimed that their potential competitor…
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January 9, 2025
engine maker Deutz wanted to take it over. saying Deutz was among the companies that had actually submitted a. non-binding deal for TKMS at the end of last year, including the. move would help Deutz to establish a new business area. We can confirm that several business have revealed.
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December 22, 2024
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. The British Chambers of Commerce have called on the Prime Minister Keir starmer to agree…
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December 19, 2024
The British government announced that the Spanish shipbuilder Navantia would acquire the shipyards owned by Harland & Wolff in Belfast, a company most famous for its Titanic-building work. The British government announced that the deal is subject…
