(Reuters) – Southern Italians are studying more and for longer as a shortage of jobs forces many to either stay in school or relocate, a report by national statistics bureau ISTAT showed on Thursday. The “Mezzogiorno” — covering Italy’s six southern regions plus the islands of Sicily and Sardinia — recorded 56% of high-school graduates …
Southern Italians stick with student life as jobs hard to find Read More »
By Anna Ringstrom, Bart H. Meijer and Tim Hepher STOCKHOLM/AMSTERDAM (Reuters) -Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with carriers including Dutch KLM cancelling flights while sister airline Air France mounted a special relief flight chartered by the French foreign ministry. Airlines have faced warnings over insurance coverage in …
Airlines agonise over safety risk of Israel flights Read More »
BRUSSELS (Reuters) – The European Commission has launched an investigation into Elon Musk’s X social media platform to see whether it complies with new EU tech rules on illegal and harmful content following the spread of disinformation on its platform after Hamas’ attack on Israel. The EU executive said it has formally asked X to …
EU investigating X’s compliance with bloc’s online content rules Read More »
AMSTERDAM (Reuters) – Yango, the ride-hailing app owned by Russian tech group Yandex NV, said on Thursday it is in talks with the Dutch Data Protection Agency to demonstrate that it adheres to European rules on data transfer and storage. Finnish and Norwegian regulators in August announced plans to ban Yango from transferring data to …
Yandex’s Yango in talks with Dutch watchdog over data protection Read More »
LONDON (Reuters) -British billionaire Richard Branson’s Virgin Group on Thursday won a lawsuit against U.S. train operator Brightline over a cancelled branding deal, with a judge at London’s High Court awarding $115 million in damages. Virgin Group sued Brightline after the latter cancelled a deal to use the Virgin brand in 2020, just over 18 …
Virgin Group wins London court battle over brand reputation Read More »
(Reuters) – Franco-German lab supplies maker Sartorius AG on Thursday lowered its full year forecast for sales and adjusted earnings margin on the back of lower volume expectations and product mix effects. Full year group sales revenue is expected to decline by around 17%, excluding business related to COVID-19, it said in a statement, adding …
By Foo Yun Chee and Sheila Dang BRUSSELS/DALLAS (Reuters) -EU industry chief Thierry Breton on Thursday opened an investigation into Elon Musk’s X, the first under new EU tech rules, after earlier reprimanding the social media platform, TikTok and Meta for not doing enough to tackle the spread of disinformation following Hamas’ attack on Israel. …
EU opens probe into X in test of new tech rules, pressure on TikTok, Meta Read More »
(Reuters) – Shares of Birkenstock dropped 6% on Thursday, deepening losses after the German luxury sandal seller stumbled the day before in its Wall Street debut. In its first session on Wall Street on Wednesday, Birkenstock tumbled over 12% from the $46 price set in its initial public offer, raising $1.48 billion. It had aimed …
Birkenstock’s stock loses footing in second day on Wall Street Read More »
By Sarah Young LONDON (Reuters) -British airline easyJet said it would buy up to 257 Airbus jets as it plots its growth beyond 2028 while restoring its dividend and aiming to more than double profits. Signalling its recovery from the pandemic was now in full flow, easyJet said the time was right to lay out …
UK’s easyJet eyes ambitious growth with Airbus fleet deal Read More »
ATHENS (Reuters) – The following are the key questions and answers from a Reuters interview with European Central Bank policymaker Yannis Stournaras, in which the Greek central bank governor warned against wrapping up bond purchases early. Q: What kind of impact do you expect on the European economy from the war in Palestine? A: First …
