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Caltagirone SpA (0OIY.L)
- Reuters
UN flags 127 major climate-warming methane plumes this year
A United Nations-led effort to use space satellites to detect methane leaks from fossil fuel infrastructure has alerted governments to 127 major methane plumes across four continents since its launch at the start of this year. Such emissions from the burning of fossil fuels so far have driven about a third of global warming. The U.N. Environment Programme's (UNEP) Methane Alert and Response System (MARS) was created to support a 2021 global pledge by more than 150 countries to cut methane emissions by 30% by 2030.
- Reuters
Allianz CFO headed for Generali to lead insurance business - Italian media
Allianz's Chief Financial Officer Giulio Terzariol is set to leave his post at the German group to take a top job at Italy's biggest insurer Assicurazioni Generali, two Italian newspapers reported on Friday. Dailies la Repubblica and La Stampa reported Terzariol would become the head of the insurance business of Generali, which also has large asset management operations. Terzariol will report directly to Chief Executive Philippe Donnet, la Repubblica said, with La Stampa adding the appointment was expected in the next few days.
- Reuters
Generali's No.3 investor Caltagirone withholds backing for 2022 accounts -sources
MILAN (Reuters) -Italian tycoon Francesco Gaetano Caltagirone, the third-largest investor in Generali, on Friday withheld his approval for the insurer's 2022 accounts, two sources said, after attempting to bring about a management shake-up last year. Caltagirone led a group of rebel Generali investors who a year ago challenged the board's decision to hand a new term to CEO Philippe Donnet. At that time, Caltagirone, who secured three seats for his nominees on Generali's 13-strong board, said he would continue to seek reform, adding that foreign investors who had backed Donnet might not have fully grasped the need to revamp the insurer.
