By Aditya Soni and Echo Wang SAN FRANCISCO/NEW YORK (Reuters) -The Trump administration’s hefty new visa fees for H-1B workers have prompted high-level talks inside companies in Silicon Valley and beyond on the possibility of moving more jobs overseas – precisely the outcome the policy was meant to stop. U.S. President Donald Trump on Friday …
Trump’s new visa fees spur offshoring talks, hiring turmoil Read More »
By Elvira Pollina MILAN (Reuters) -Shareholders of Italian broadcasting tower operators Rai Way and EI Towers are set to extend talks on a potential merger beyond a September 30 deadline, three sources familiar with the matter told Reuters. A tie-up between Milan-listed Rai Way, controlled by public broadcaster RAI, and EI Towers, owned by Italian …
Rai Way, EI Towers shareholders set to extend talks over Italy’s TV tower tie-up Read More »
ROME (Reuters) -The Italian banking sector has made “stratospheric profits” over the last five years and must make a contribution to state finances, Economy Minister Giancarlo Giorgetti said on Tuesday. The government is assessing ways to fund billions of euros of tax cuts as part of the upcoming 2026 budget to be unveiled next month. …
Italy wants domestic banks to help public finances, Finance Minister says Read More »
(Reuters) -London stocks ended mixed on Tuesday as investors assessed an assorted bag of corporate earnings alongside economic data pointing to a slowdown in British business activity. The benchmark FTSE 100 was down 0.04%, while the domestically focused FTSE 250 gained 0.5%. A survey showed British business activity slowed in early September, as companies reported …
UK equities mixed as investors assess corporate earnings amid fiscal worries Read More »
(Reuters) -Meta Platforms on Tuesday said it is introducing a translation feature for its WhatsApp messaging service, aiming to ease cross‑language chats among its more than 3 billion users. The translations will initially be available in six languages on Android devices and 19 languages on iPhones, with more languages to follow. “Message translations were designed …
Meta rolls out real-time translation feature on WhatsApp Read More »
By Marc Jones LONDON (Reuters) -Romania is readying some end-of-year bond sales and buybacks now the political upheaval that had engulfed the country – and still hangs over its investment grade credit rating – looks to have settled. Romania is grappling with the European Union’s largest fiscal deficit and has been squarely in the spotlight …
Romania readies final debt deals of turbulent year Read More »
By Anna Hirtenstein, Marwa Rashad and Sheila Dang (Reuters) -U.S. oil major Exxon Mobil and Russian state-run energy giant Rosneft have signed a non-binding initial agreement to help Exxon recoup a $4.6 billion write-down it made on its activities in Russia in 2022 following Moscow’s invasion of Ukraine, according to two sources familiar with the …
By Shashwat Chauhan, Amir Orusov and Pranav Kashyap (Reuters) -European stocks touched their highest in more than a week on Tuesday, lifted by a rally in luxury goods companies on higher U.S. spending and gains for wind energy stocks after a court ruled that Orsted could restart work on a U.S. offshore project. The pan-European …
European shares rise as US spending boosts luxury stocks Read More »
PARIS (Reuters) -A French court on Tuesday blocked French supermarket retailer Auchan’s plan to cut 2,400 jobs, citing procedural irregularities. The Lille Administrative Court said the redundancy plan should have been agreed with the trade union representatives of each of the five components of the group. It also found procedural irregularities in the consultation of …
French court blocks retailer Auchan’s plan to cut 2,400 jobs Read More »
By Foo Yun Chee BRUSSELS (Reuters) -Boeing has offered remedies in a bid to secure EU approval to buy back Spirit AeroSystems, the world’s largest standalone aerostructures company, according to an update on the European Commission website. Boeing announced the $4.7 billion acquisition in July last year in a deal that would also see Airbus …
Boeing offers remedies in bid for EU approval for Spirit deal Read More »
