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Now even the British Museum goes by the preferred Greek form — Parthenon Sculptures. For many, Parthenon Sculptures are its most striking example. They were shipped to Britain and eventually joined the British Museum's collection in 1816 — five years before the uprising that created an independent Greece. The British Museum says the sculptures were acquired legally and form an integral part of its display of the world's cultural history. That would add pressure on the British Museum, while U.K. public opinion is seen as increasingly backing the Greek demand.

Persons: Rishi Sunak, Kyriakos, Mitsotakis, Athena, —, Leonardo da Vincis, Elgin, Melina Mercouri, Mona Lisa, he's, George Osborne, Pope Francis Organizations: British Museum, Acropolis Museum, Elgin Marbles, British, Mitsotakis, Vatican Museums Locations: ATHENS, Greece, Britain, London, Athens, Scottish, Ottoman, British, Vatican, Sicily

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsROME, Nov 15 (Reuters) - Italy's Leonardo (LDOF.MI) is trimming its stake in U.S. unit DRS (DRS.O) as new CEO Roberto Cingolani looks to expand the state-controlled group with major roles in European defence projects. Two sources at Leonardo confirmed that the DRS deal was part of that strategy. Cingolani, a former government minister who became CEO in May, has embraced the need to create broader European alliances to take advantage of rising defence budgets. It has pointed to its cross-border MBDA European missile company joint venture with Airbus (AIR.PA) and BAE Systems (BAES.L) as a model for the projects. Some analysts expressed surprise that the company was reducing its stake in DRS, acquired 15 years ago in a $5.2 billion deal when the Italian group was known as Finmeccanica.

Persons: Leonardo, Dado Ruvic, Roberto Cingolani, Cingolani, Intesa Sanpaolo, Leonardo's, Nick Cunningham, Giulia Segreti, Armellini, Kirsten Donovan Organizations: REUTERS, Rights, DRS, Global Combat Air, Leopard, Airbus, BAE Systems, Agency Partners, Thomson Locations: U.S, East, Europe, Italy, Britain, Japan, Leonardo's Milan, Italian, Rome

☆ Italy, Europe need state-controlled cloud services - Leonardo chief
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

ROME, Oct 25 (Reuters) - Italy and other European countries need government-controlled cloud services to store sensitive data, the head of Italian defence and electronics firm Leonardo (LDOF.MI) said on Wednesday, calling it "one of the key issues of our future". "In my opinion, a safe country needs a government cloud, at least for financial, health and defence data," Chief Executive Roberto Cingolani told a hearing at the defence committee of the Italian lower house of parliament. First of all creating a (national) government cloud. Then understanding that these (national) government clouds need to become European government clouds," he said. Leonardo, a listed company controlled by the Italian government, offers cloud services to the Italian state through a consortium including Telecom Italia (TLIT.MI), Italian state lender CDP and state-owned IT firm Sogei.

Persons: Leonardo, LDOF.MI, Roberto Cingolani, Cingolani, Alvise Armellini, Mike Harrison Organizations: Telecom Italia, Thomson Locations: Italy, Europe

PARIS (AP) — The “Mona Lisa” has given up another secret. The oil-paint recipe that Leonardo used as his base layer to prepare the panel of poplar wood appears to have been different for the “Mona Lisa," with its own distinctive chemical signature, the team of scientists and art historians in France and Britain discovered. Gonzalez has studied the chemical compositions of dozens of works by Leonardo, Rembrandt and other artists. Political Cartoons View All 1206 Images“In this case, it’s interesting to see that indeed there is a specific technique for the ground layer of ‘Mona Lisa,’" he said in an interview with The Associated Press. “It flows more like honey.”But the “Mona Lisa” — said by the Louvre to be a portrait of Lisa Gherardini, the wife of a Florentine silk merchant — and other works by Leonardo still have other secrets to tell.

Persons: Mona Lisa ”, Leonardo da Vinci, Leonardo, Mona Lisa, ”, Victor Gonzalez, Gonzalez, Rembrandt, ’, Carmen Bambach, ” Bambach, “, ” Gonzalez, Mona Lisa ” —, Lisa Gherardini Organizations: PARIS, American Chemical Society, CNRS, Associated Press, Louvre Museum, New York's Metropolitan Museum of Art, Louvre Locations: France, Britain, Paris, New

☆ Italy's Leonardo to focus on 'bytes and data', new CEO says
▼ + stars: | 2023-07-28 | by ( Alvise Armellini | ) www.reuters.com time to read: +2 min

ROME, July 28 (Reuters) - Italy's state-controlled defence and aerospace group Leonardo (LDOF.MI) needs to focus on the fast-growing cybersecurity and space sectors to keep up with industry trends, its new CEO said on Friday. "Defence is increasingly made with bytes and data, instead of bullets," Cingolani said during a call with analysts, announcing a new industrial plan that will be unveiled in early 2024. In the first half of 2023, Leonardo's new orders rose to almost 8.7 billion euros ($9.60 billion), up 18.9% year-on-year, while group net debt fell to 3.6 billion euros from 4.8 billion euros in the first half of last year. H1 revenues were up 4.8% to just under 6.9 billion euros, while earnings before interest, taxes depreciation and amortisation (EBITDA) rose by 3.5% to 703 million euros. Leonardo's confirmed guidance for 2023 includes a forecast for new orders at around 17 billion euros, revenues in the 15-15.6 billion euro range, EBITA at 1.26-1.31 billion euros and group net debt of about 2.6 billion euros.

Persons: Leonardo, Roberto Cingolani, Cingolani, Leonardo's, Alvise Armellini, Gavin Jones, Deepa Babington Organizations: Defence, Thomson Locations: Ukraine, Italy, Britain, Japan, Leonardo's Milan

☆ Exclusive: Mystery X9 helicopter takes shape as potential successor to Airbus H145
▼ + stars: | 2023-06-18 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

PARIS, June 18 (Reuters) - After a decade in the shadows, one of Europe's mystery aerospace projects - the X9 helicopter - is taking shape as a potential future successor to Airbus Helicopters' H145 light-twin chopper, with plans for a demonstrator underway, industry sources said. A Berlin filing by Airbus Helicopters' German subsidiary in 2020 noted its board had been briefed on the X9 and unspecified "further steps". The same unit later said it would focus on ensuring "the future viability of civil helicopters" at Donauwoerth, Germany. Any future H145 successor would regenerate the German side of Airbus Helicopters, formed from a 1992 merger between divisions of France's Aerospatiale and MBB of Germany to counter U.S. rivals led by Bell, Boeing and Sikorsky. Those barriers are gradually fading as Airbus Helicopters adopts a system under which specialised sites pre-assemble major sections, which then converge on one site for final assembly.

Persons: Lutz Bertling, Tim Hepher, Mark Potter Organizations: Airbus Helicopters, Airbus, Reuters, Chase, Associates, Aerospatiale, Bell, Boeing, Sikorsky, Eurocopter, Thomson Locations: Donauwoerth, Germany, Bavarian, France, German, GERMANY, Paris, U.S, Spain, Marignane, Airbus Germany

☆ Italy pushes to limit executive pay in listed state-run firms
▼ + stars: | 2023-05-04 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

Top managers' multi-million euro salaries and handsome bonuses have come into focus at a time when Italian families are struggling with an inflation rate that neared 9% in April, well above the euro zone average. According to the government draft, the Treasury will work to "contain management costs" when shareholders vote on remuneration policies at state-controlled listed companies. Monte dei Paschi already applies curbs to executives' pay as a bank that was bailed out by the state in 2017. Under terms agreed with European Union authorities, the total remuneration of any MPS executive may not exceed 10 times the average salary of its employees in 2022. Additional reporting by Gavin Jones; Editing by Gavin Jones and Christina FincherOur Standards: The Thomson Reuters Trust Principles.

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