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ROME (Reuters) – Italy will invest in Enel’s photovoltaic panel factory in Sicily, supporting its plan to boost production and become Europe’s main site for solar panels, Prime Minister Giorgia Meloni said on Saturday. “There are 90 million euros ($97 million) for this project from the National Recovery and Resilience Plan (NRRP)… which will allow …

Italy to invest in Enel plant to boost solar panel production, PM says Read More »

By Stephen Nellis and Dawn Chmielewski (Reuters) -Apple’s Vision Pro could upend how people watch television at home and how they use computers at work, potentially positioning the headset to be a successor to both traditional television and the Mac. The $3,500 headset, which blends three-dimensional digital content with a view of the outside world, …

Analysis-Vision Pro headset is Apple’s next Mac and TV combined Read More »

ZURICH (Reuters) – Swiss farmers drove their tractors to Geneva on Saturday to protest against rising costs and low prices for their produce, joining a movement that has spread across Europe. The protest included around 30 tractors parked on a square in the centre of Switzerland’s second largest city, adorned with signs such as “Our …

Swiss farmers protest against low produce prices Read More »

By Mathieu Rosemain PARIS (Reuters) -Societe Generale, France’s third-biggest listed bank, is set to cut about 900 jobs in its home country this year, two sources close to the matter said, as CEO Slawomir Krupa seeks to cut costs to boost profits. The job cuts will mostly target IT and other support functions at the …

SocGen to cut about 900 jobs in France – sources Read More »

(Reuters) – Russian President Vladimir Putin has authorised transactions of shares of Russian oil producer Russneft, according to a decree published on Friday. Glencore previously owned around 24% of Russneft’s share capital. Last September Russneft said that the Swiss commodities firm had stopped being a shareholder in the oil producer in 2022, without disclosing any …

Putin signs decree allowing transactions with Russia’s Russneft shares Read More »

FRANKFURT (Reuters) – German pilots’ union VC has called on its members to strike for 48 hours at Lufthansa Group’s leisure airline Discover on Sunday and Monday, the latest industrial action that it hopes will improve pay and working conditions. Strikes will be held from Feb. 4 at 0001 CET (2301 GMT) until Feb. 5 …

Pilots plan two-day strike at Lufthansa’s Discover division Read More »

By Foo Yun Chee BRUSSELS (Reuters) -Europe on Friday moved a step closer to adopting rules governing the use of artificial intelligence and AI models such as Microsoft-backed ChatGPT after EU countries endorsed a political deal reached in December. The rules, proposed by the European Commission three years ago, aim to set a global standard …

Europe within reach of landmark AI rules after nod from EU countries Read More »

By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Friday raised its 2027 forecast for sales of its immunology drugs Skyrizi and Rinvoq to $27 billion, up $6 billion from its previous prediction. The Chicago-based drugmaker has been counting on revenues from its newer immunology medicines to help make up for declining sales of blockbuster …

AbbVie raises 2027 sales forecast for new immunology drugs to $27 billion Read More »