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German Economy Shrinks Unexpectedly, Adding to Europe’s Risk

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The Continent faces a confluence of economic and political crises after Germany’s growth disappointed and Italy defied calls to modify a populist budget plan. Reported by NYTimes.com 1 day ago.

Lisa Vanderpump Will Appear in ‘Majority’ of ‘Real Housewives of Beverly Hills’ Season 9

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Lisa Vanderpump Will Appear in ‘Majority’ of ‘Real Housewives of Beverly Hills’ Season 9 Lisa Vanderpump has long been the face of “Real Housewives of Beverly Hills,” but her continued presence on the Bravo reality show has been the subject of much speculation in recent weeks.

But according to an individual familiar with the show, “Lisa will appear in the majority of episodes this season. She has not been filming at every event, but fans can expect to see her throughout.” Whether or not she will continue with the show beyond the currently-filming ninth season remains unclear.

Bravo did not immediately return TheWrap’s request for comment.

*Also Read:* Denise Richards Joins 'Real Housewives of Beverly Hills'

A number of recent tabloid reports have said that Vanderpump has been on the outs with the rest of the cast this season — Kyle Richards, Lisa Rinna, Dorit Kemsley, Erika Girardi, Teddi Mellencamp Arroyave and newcomer Denise Richards — and was on the verge of exiting the show.

Most recently, Radar Online, citing an anonymous source, said Vanderpump “has no plans to return.”

Vanderpump herself appeared to obliquely address the report on Twitter on Wednesday, writing shortly after the Radar story was published, “Let’s just focus on the important things right now.”



Let’s just focus on the important things right now

— Lisa Vanderpump (@LisaVanderpump) November 14, 2018



*Also Read:* Former 'Real Housewives of New Jersey' Star Joe Giudice Will Be Deported to Italy

Meanwhile, the rest of the “Real Housewives of Beverly Hills” cast, minus the recently married Richards, has been filming in France, as documented on social media. Vanderpump’s absence from the annual “Housewives” trip, which traditionally features the entire main cast, was not explained.


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Bonjour ????????????

A post shared by Dorit Kemsley (@doritkemsley) on Nov 13, 2018 at 5:22pm PST



“Real Housewives of Beverly Hills” Season 9 is scheduled to premiere on Bravo in early 2019.

*Related stories from TheWrap:*

Former 'Real Housewives of New Jersey' Star Joe Giudice Will Be Deported to Italy

Andy Cohen Takes a 'HARD PASS' on Omarosa for 'Real Housewives'

Denise Richards Joins 'Real Housewives of Beverly Hills' Reported by The Wrap 1 day ago.

Fuel Cell Market Worth Over Us$6 Billion by 2024, Growing at 11% CAGR

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Global Market Insights, Inc. quotes, Japan fuel cell technology market is set to exceed 70 MW by 2024 led by increasing concerns pertaining to security of supply along with growing adoption of clean energy technologies.

SELBYVILLE, Del. (PRWEB) November 14, 2018

Fuel Cell Market is poised to register over 11% gains to reach a revenue of USD 6 billion by 2024. Increasing demand for space heating across residential and commercial sector along with growing investment toward development of hydrogen refuelling station will stimulate the market. Growing installation of portable charging sources on account of increasing recreation activities will positively impact the business outlook.

Fuel cell market from transport segment is set to witness growth owing to its ongoing deployment in commercial vehicles, UAVs and e- bikes. Increasing cell demand from two & three wheelers, trams, small boats, FCEV’s, light vehicles, ferries, goods handling vehicles and forklift trucks will further complement the business growth. In 2016, the FCV sales growth increase from 400 units in 2015 to 5000 units.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/621

SOFC fuel cell market share is predicted to witness growth owing to growing demand for fuel cell across large and small stationary power generation systems. Ability to possess over 60% efficiency and operate at high temperate ranges from 8000C to 1,0000C over other alternates make its adoption preferable over other alternates. Cost effectiveness, low emissions, stability, fuel flexibility and high efficiency are some of key parameters which will impede the fuel cell technology market.

UK fuel cell market is set to witness growth owing to growing investment toward development of hydrogen infrastructure along with favourable government regulations to reduce carbon emissions. Growing demand for development and deployment of the renewable energy technologies will further complement the business landscape. The Government of UK announced to inaugurate 1,150 hydrogen refuelling station by 2030.

Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/621

Japan fuel cell technology market is set to exceed 70 MW by 2024. Increasing concerns pertaining to security of supply along with growing adoption of clean energy technologies will propel the industry growth. Government backed extensive research and development projects along with development of hydrogen infrastructure across the nation will complement the industry outlook.

Major participants across fuel cell market includes Hydrogenics Corporation, Horizon, FuelCell Energy, Toshiba, UTC Power, Panasonic, Ceres Power, Plug Power, AFC Energy, Doosan, SFC, Arcola, Bloom Energy and Ballard. The industry has witnessed several M&A to expand its regional presence.

Browse key industry insights spread across 309 pages with 470 market data tables & 30 figures & charts from the report, “Fuel Cell Market Size By Product (PEMFC, DMFC, SOFC), By Application (Stationary, Portable, Transport), Industry Analysis Report, Regional Outlook (U.S, Canada, Mexico, Germany, UK, France, Italy, Spain, Austria Japan, South Korea, China, India, Philippines, Vietnam, Brazil, Peru, Ecuador, Nigeria, Kenya, UAE, South Africa, Saudi Arabia), Application Potential, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/fuel-cell-market

Table of Contents (ToC) of the report:

Chapter 3    Fuel Cell Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024 (USD Million) (MW)
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation & sustainability
3.5 Regulatory landscape
3.5.1 U.S.
3.5.1.1 Fuel Cell and Hydrogen Energy Association (FCHEA)
3.5.1.1.1 Safety, Codes & Standards
3.5.1.2 CSA Fuel Cell Standards
3.5.1.3 SAE Fuel Cell Vehicle Safety Committee (automotive) enabling standards
3.5.1.4 NFPA 2: Hydrogen Technologies Code
3.5.1.5 Overview of Regulations, Codes, and Standards Related to Hydrogen Infrastructure Safety
3.5.2 Europe
3.5.2.1 Investments: Government and Collaborative Hydrogen and Fuel Cell Funding
3.5.3 Japan
3.5.3.1 Investments: Government and Collaborative Hydrogen and Fuel Cell Funding
3.5.3.2 Government Targets
3.5.4 South Korea
3.5.4.1 Government Targets
3.6 Orders and installations, 2015
3.6.1 Bloom energy
3.6.2 Doosan fuel cell
3.6.3 FuelCell Energy and FuelCell Energy Solutions, GmbH
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.1.1 Government positive outlook and incentives
3.7.1.2 Environment-friendly and a better alternative than existing options
3.7.1.3 More efficient than batteries
3.7.2 Industry pitfalls & challenges
3.7.2.1 Lack of infrastructure
3.8 Growth potential analysis
3.9 Announced Hydrogen Stations Plans, Upgrades, 2015
3.10 Commercially available hydrogen generation systems, 2015
3.11 Hydrogen energy storage projects, 2015
3.12 Porter’s Analysis
3.13 Competitive landscape, 2016
3.13.1 Strategy dashboard
3.13.1.1 Hydrogenics Corporation
3.13.1.2 Ballard
3.13.1.3 FuelCell Energy
3.13.1.4 SFC Energy
3.13.2 Merger and acquisition landscape
3.14 PESTEL Analysis
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/fuel-cell-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com Reported by PRWeb 1 day ago.

The Basketball Coach Who Changed the NBA From Italy

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He played an influential role in the evolution of basketball. But there’s a reason you’ve never heard of Dan Peterson: The American has been in Europe for nearly five decades. Reported by Wall Street Journal 21 hours ago.

'xXx 4' Star Deepika Padukone's Lake Como Wedding Offers Glimpse of Lavish Bollywood Nuptials

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Bollywood A-lister *Deepika Padukone* marries her actor boyfriend Ranveer Singh at the Villa del Balbianello on the shore of the Lake Como, Italy. Reported by AceShowbiz 23 hours ago.

French FinMin Le Maire: Brexit deal is good news

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Reuters reports comments by French Finance Minister Bruno Le Maire, as he applauds the Brexit deal news.

*Key Headlines:*

Latest Brexit developments is good news for French economy.

It is in everyone's interest that Brexit process proceeds smoothly.

Hopes that Italy will behave responsibly with regards to its budget.

Eurozone is not well prepared to deal with another major financial crisis. Reported by FXstreet.com 20 hours ago.

Italy’s Borghi: Hopeful of no EU procedure on budget

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Italy's budget committee head in the lower house, Claudio Borghi, was out on the wires in the last hour, via ANSA, and remained hopeful of no EU procedure over government's budget.

*Key quotes:*

   •  If there is one, it means that the rules are applied in a discretionary manner.
   •  Says that EU does not intervene on state finances of France, Spain, or Germany. Reported by FXstreet.com 18 hours ago.

USD: Guided by US-China deal developments – Westpac

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Richard Franulovich, Head of FX Strategy at Westpac, suggests that the hopes for a US-China deal at the G20 at the end of this month, potentially along the lines of the US-Europe détente several months ago, could be a near term challenge to the USD.

*Key Quotes*

“Yield spreads continue their relentless march in the USD’s favour and there are still no clear signs that the fiscal-fueled US growth story is losing legs.”

“Admittedly the strong showing by Democrats in the midterms eliminates some 2019 upside USD potential that would have been delivered by potentially more fiscal stimulus, but for now, all signs point to continued above trend growth.”

“The Atlanta Fed nowcast for Q4 is at 2.9%, a solid showing after 3.5% in Q3 and 4.2% in Q2. By contrast the Eurozone growth picture still looks challenged and Italy risks continue to rumble along.”

“Last week’s USD index buy zone at into 95.0 lifted to 96.0.” Reported by FXstreet.com 16 hours ago.

Eurozone: Signs of activity picking up - Westpac

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Recent Eurozone data failed to show signs of activity picking up and though EZ Q3 GDP was in line, it was decidedly low and Germany’s GDP actually missed expectations by -0.1%, explains Tim Riddell, Research Analyst at Westpac.

*Key Quotes*

“The ZEW EZ expectations continued to slide and, as noted last week, suggests that activity is unlikely to lift into 2019.”

“Italy’s coalition has defied EU requests to amend their budget proposals and so have resubmitted their deficit and growth profiles. The EU is likely to make a response by or before 21st November, but risks of a face-off and potential imposition of sanctions and fines could see further deterioration/widening in the BTP/Bund spread.”

“Rebounds in EUR/USD seem likely to be capped in the 1.1300-50 (prior support) area unless there is some form of compromise on the Italian budget. Brexit concerns are also likely to weigh on EUR and so risk a slide towards the 1.10-1.11 area.” Reported by FXstreet.com 15 hours ago.

Italy vs Portugal Betting Tips: Latest odds, team news, preview and predictions

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Italy vs Portugal Betting Tips: Latest odds, team news, preview and predictions Looking unsteady at the back but productive in attack, Al Hain-Cole expects the Azzurri and Santos' team to produce goals at both ends in Milan Reported by Goal.com 13 hours ago.

Italy Deputy PM Salvini Adviser: Italy to exit eurozone if League gets majority in next election

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According to Italian news outlet Stampa, chief economic adviser of Italian deputy PM Salvini Borghi recently crossed the wires saying that if the League were to get the majority in the next elections, Italy would exit the eurozone.

*Key quotes*

· EU used made-up numbers in judging Italy budget. Reported by FXstreet.com 12 hours ago.

Wall Street starts the day modestly lower

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· *Technology rebounds, helps Nasdaq limit its losses.*
· *Financials slip on rising German - Italy bond yield spread.*
· *US** retail sales beat estimates on Thursday.*

Major equity indexes in the United States started the day on a weak note on Thursday and as of writing, the Dow Jones Industrial Average was down 102.2 points, or 0.4%, the S&P 500 was losing 11.22 points, or 0.42%, and the Nasdaq Composite was erasing 10 points, or 0.15%.

A 0.5% rebound witnessed in the S&P 500 Technology Index in the early trade helps the tech-heavy Nasdaq limit its losses while both the DJIA and S&P 500 stay under pressure amid a 1.7% drop seen in the S&P 500 Consumer Discretionary Index. Additionally, the S&P 500 Financials Index, which closed the day sharply lower yesterday, struggles to recover its losses as the widening Italy-German bond yield spread hurts the sentiment. 

Earlier today, the data released by the U.S. Census Bureau revealed that retails sales in October increased by 0.8% on a monthly basis to surpass the analysts' estimate for a 0.5% growth but failed to help the stock markets gain traction. Reported by FXstreet.com 12 hours ago.

Italy’s bishops respond to long-ignored clergy sex abuse

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VATICAN CITY (AP) — Italy’s Catholic bishops are declaring a new era of transparency and truth about clergy sex abuse, as awareness of the scandal that has convulsed much of the world begins to take hold in a country where it was long ignored. Cardinal Gualtiero Bassetti, president of the Italian bishops’ conference, said on […] Reported by Seattle Times 11 hours ago.

China's efforts to appease the White House too little too late

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China has made an opening bid to the US on trade ahead of Trump-Xi meeting later this month on the 26th Nov in Buenas Aires at the G20, creating an opportunity for the US government to respond.

However, the proposal has been described as a rehash of previous commitments Chinese leaders previous announced, like selectively lifting tariffs. The opening bid has also fallen short of many of the core demands the White House wants to hear from Beijing which likely leaves the two sides remain at an impasse.

· *What no-confidence vote means for Brexit and Pound?*

However, markets seem to have taken the news as a positive with a bounce in US stocks, but perhaps clutching at straws hungry for any form of good news considering the political turmoil that Brexit and Italy continue to throw up on a daily basis. It appears, however, that the Chinese have not offered enough and too little too late in order to appease the White House and to push the negotiating process to a positive outcome. Reported by FXstreet.com 9 hours ago.

Italy’s church acknowledges looming tax bill after ruling

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ROME (AP) — Italy’s Catholic Church says it will open talks with the government to respond to a European Court of Justice ruling that says Italy has the right to recover millions of euros in property taxes. The Luxembourg-based court on Nov. 6 overturned a 2012 decision by the European Commission that said it would […] Reported by Seattle Times 7 hours ago.

EUR/USD seen at 1.13 in 3M - Danske Bank

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Analysts at Danske Bank, lowered their forecast for EUR/USD. They see the pair now at 1.13 in three months with the possibility of a drop to 1.11.

*Key Quotes: *

“The strong US economy should keep the Fed adamant about becoming ‘neutral’ on rates during the course of 2019 and thus should continue to add to the cyclical and carry support to the USD. With the risk of Italy and Brexit setbacks, this should leave EUR/USD at a range of around 1.13 on a 3M horizon with a good chance of a short-lived dip towards 1.11.”

“While the ECB is more confident on inflation, we think Draghi and co are in no hurry to push for fast ‘normalisation’ of monetary policy. However, medium term, the euro capital outflows of recent years should fade as the first ECB hike draws closer. Alongside valuation, this is set to support EUR/USD in 6-12M.”

“Positioning is now broadly neutral EUR but stretched on USD longs. We still see a case for eurozone capital outflows to fade and support the EUR as the ECB phases out negative rates.”

“We have lowered our short-term profile slightly and see EUR/USD at 1.13 in 1M, 1.13 (from 1.15) in 3M, 1.18 (unchanged) in 6M, and 1.25 (unchanged) in 12M.”
  Reported by FXstreet.com 8 hours ago.

LIVE SCORES: All the goals as they go in

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LIVE SCORES: All the goals as they go in Follow games in the UK, Spain, Italy, Germany, France and beyond with Goal's extensive match coverage! Reported by Goal.com 7 hours ago.

EUR/USD rises above 1.1350 on broad-based USD weakness

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· *US Dollar Index drops below 97 in the NA session.*
· *Risk-on mood helps the euro gather strength.*
· *Italian budget crisis is likely to limit the **euro's** gains.*

The EUR/USD pair gained traction and rose more than 30 pips in the last hour to touch its highest level in six days at 1.1362. As of writing, the pair was trading at 1.1356, adding 0.4% on a daily basis.

This recent upsurge witnessed in the pair seems to be a product of a broad-based USD weakness. The US Dollar Index, which spent the majority of the day in a narrow band above the 97 mark today, struggled to cling to its daily gains and was last seen down 0.1% on the day at 96.90. Although there were no clear catalysts that might have triggered a USD sell-off, an improved sentiment reflected by a strong rebound witnessed in Wall Street seems to be weighing on the greenback. 

The data released by the U.S. Census Bureau revealed that retail sales in October increased by 0.8% on a monthly basis to beat the market forecast of 0.5%. Earlier in the day, the Eurostat announced that the euro area trade surplus (seasonally adjusted) rose to €13.1 billion in September from €11.7 billion.

Although the pair remains on track to close the day in the positive territory, it could have a difficult time extending its rally in the upcoming days. An economic adviser for Italian Deputy Prime Minister Salvini, who yesterday said that the EU would make a big mistake if it tried to impose fines on Italy on its budget proposal, today claimed that Italy would exit the eurozone if the League party were to win the majority in the next general election. 

On Friday, markets will be paying a close attention to the eurozone October inflation report. Experts expect the annual core CPI to stay unchanged at 1.1% and a softer than expected inflation growth could put the shared currency back under pressure.

*Technical levels to consider*

The pair could face the immediate resistance at 1.1365 (20-DMA) ahead of 1.1445 (Nov. 8 high) and 1.1500 (psychological level/Nov. 7 high). On the downside, supports are located at 1.1300 (psychological level/Oct. 31 low), 1.1270 (daily low) and 1.1215 (Nov. 12 low). Reported by FXstreet.com 7 hours ago.

Windstar Cruises Announces $250 Million Star Plus Initiative

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Major Investment Engages Fincantieri to Renovate and Lengthen Windstar’s Three Star-Class Ships beginning in Fall 2019

SEATTLE (PRWEB) November 15, 2018

Windstar Cruises today announces the $250 Million Star Plus Initiative, a major investment and expansion for the innovative cruise company. The multi-million dollar, multi-year undertaking will impact and enhance all aspects of the guest experience for the highly awarded small ship cruise line’s three Star Class vessels.

“We are thrilled to announce the $250 Million Star Plus Initiative, a significant investment in the future of Windstar Cruises. This exciting initiative is our 180 degree from ordinary solution to add new capacity and major enhancements to the guest experience in a very time efficient manner,” said Windstar President John Delaney. “The initiative not only creates beautiful new suites and public spaces, but we will also take the opportunity to re-engine the ships with a more fuel efficient and environmentally responsible propulsion system. This will be a true game changer for Windstar and our small ship cruise experience.”

The initiative will expand guest accommodations on the boutique line’s three all-suite vessels increasing capacity from 212 passengers to 312 guests per ship, following the lengthening. The work will be done to Star Breeze, Star Legend, and Star Pride in succession between October 2019 and November 2020, and take place at the Fincantieri Shipyard in Palermo, Sicily, Italy. The project represents an overall capacity increase of 24% for the small ship line.

The project is expected to be partially financed through an export credit facility guaranteed by SACE, Italy’s export credit agency.

Each Star Class ship will be cut to allow the installation of a new section of ship that will lengthen each vessel approximately 25.6 meters bringing the total length to just over 159 meters, still the right size to access the smaller ports and harbors that Windstar favors on the line’s immersive itineraries. The project adds 50 new suites, bringing the total number of suites per ship to 156, and represents an investment of more than $267,000 per passenger berth.

“This major investment is an efficient way to build on a winning brand that shows strong momentum and growth potential. Support for this exciting new initiative demonstrates our commitment to Windstar as an important part of the Xanterra portfolio,” said Andrew N. Todd, President and CEO of Xanterra Travel Collection.

Also involved in the $250 Million Star Plus Initiative is the creation of state-of-the-art public spaces including two new dining locations; new shop and retail space; a much enlarged fitness center; and a new world-class spa.

In addition to the impressive scale of work to be done, the renovation includes a comprehensive re-engine project for each ship. This complex undertaking is an uncommon occurrence in the cruise industry and involves the removal of seven current engines and installation of four new, more environmentally friendly engines that will run on cleaner fuel and reduce emissions impact to sailing regions.

“Given our expertise as a leader in major cruise ship renovations and lengthening projects, we are gratified to be chosen by Windstar to undertake this complex and extensive endeavor. We look forward to working with the Windstar team to totally transform these elegant small ships,” said Giorgio Rizzo, Executive SVP, Fincantieri Services.

NEW: 50 New Suites, New Dining Venues, New Spa & Fitness Areas Take Center Stage

Windstar has partnered with acclaimed designer Ray Chung, Director of Design at The Johnson Studio at Cooper Carry in New York, to create modern and inviting design aesthetics for the new public spaces and new suites.

Among new guest amenities and accommodations in the planning phase are:· 50 new suites featuring new suite categories and open floor plan configurations.
· Creation of two brand new, larger Owner’s Suites, that combines existing suites to create up to a three-bedroom, two-balcony suite – the first of its kind in the cruise industry.
· Two brand new dining experiences including: an intimate, alternative dining restaurant, and a casual barbecue space adjacent to the top deck Star Bar, perfect for outdoor grilling during Windstar’s Signature Onboard Barbecue celebration or enjoying while spending time on deck.
· Expanded Veranda Restaurant to offer significantly more ocean-view seating and upgraded dining area.
· For existing suites, all-new bathrooms and installation of new sliding doors for the Balcony Suites.
· Larger pool and hot tub that will be reconfigured and elevated offering outstanding views, along with more and enhanced outdoor deck area for relaxing and sun-bathing.
· A completely re-imagined and enlarged spa and fitness center to invigorate active guests.
· A new elevator mid-ship, making access to all decks easy from anywhere on board.
· A comfortable, new tender loading area located mid-ship and two new 90-passenger tenders that will ferry guests to port when ships are at anchor.

In addition, ship staff and crew areas and accommodations will be expanded and upgraded. Additional crew will be hired and the increase will maintain the line’s impressive 1.5:1 guest to hotel staff ratio.

As planning on the $250 Million Star Plus Initiative progresses, additional details about the extensive work to be done, new onboard experiences, and new partnerships will be revealed and highlighted in news announcements and on a dedicated microsite that will launch in 2019.

For more information on authentic small ship cruising with Windstar, contact a travel advisor or Windstar Cruises by phone at 877-958-7718, or by visiting http://www.windstarcruises.com.

About Windstar Cruises
Windstar Cruises operates a six-ship fleet of small sailing and all-suite ships visiting approximately 300 ports and 80 countries sailing to Europe, the Caribbean, Mexico, Central America, Costa Rica and the Panama Canal, Asia, Alaska and British Columbia, Canada and New England, South Pacific and Tahiti. Windstar’s fleet is the market leader in small ship cruising and has just embarked on a $250 Million Dollar Star Plus Initiative to enhance its Star-class ships and the onboard guest accommodations and experiences. Calling on hidden harbors, off-the-beaten-path and popular ports, the boutique cruise line carries 148 to 312 passengers on six small ships and takes travelers on cruises that are 180 degrees from ordinary. Windstar is known for immersive experiences and destination authenticity, port-intensive itineraries, exceptional award-winning service, and an innovative culinary program with culinary-themed cruises as the Official Cruise Line of the James Beard Foundation. Windstar Cruises is a part of Xanterra Travel Collection, an award-winning, globally diversified travel company offering once-in-a-lifetime experiences in some of the most beautiful and iconic places on earth.

About Fincantieri
Fincantieri is one of the world’s largest shipbuilding groups and number one for diversification and innovation. It is leader in cruise ship design and construction and a reference player in all high-tech shipbuilding industry sectors, from naval to offshore vessels, from high-complexity special vessels and ferries to mega yachts, as well as in ship repairs and conversions, production of systems and mechanical and electrical component equipment and after-sales services.

With over 230 years of history and more than 7,000 vessels built, Fincantieri has always kept its management offices, as well as all the engineering and production skills, in Italy. With over 8,400 employees and a supplier network that employs nearly 50,000 people, Fincantieri has enhanced a fragmented production capacity over several shipyards into a strength, acquiring the widest portfolio of clients and products in the cruise segment. To hold its own in relation to competition and assert itself at global level, Fincantieri has broadened its product portfolio becoming world leader in the sectors in which it operates.

With globalization, the Group has around 20 shipyards in 4 continents, over 19,000 employees and is the leading Western shipbuilder. It has among its clients the world’s major cruise operators, the Italian and the US Navy, in addition to several foreign navies, and it is partner of some of the main European defense companies within supranational programs.

Fincantieri's business is widely diversified by end markets, geographical exposure and by client base, with revenue mainly generated from cruise ship, naval and offshore vessel construction. Compared with less diversified players, such diversification allows it to mitigate the effects of any fluctuations in demand on the end markets served. Reported by PRWeb 5 hours ago.

Judge in Italy orders trial for Berlusconi in escort case

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ROME (AP) — A judge in southern Italy has ordered that former three-time premier Silvio Berlusconi go on trial over a case involving women procured for his summer villas. Prosecutors have alleged that Berlusconi gave a businessman hundreds of thousands of euros to induce him to lie about engaging young women for the politician’s villas […] Reported by Seattle Times 10 hours ago.
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