AMSTERDAM (Reuters) -A Dutch court on Monday confirmed a 2021 consumer watchdog ‘s ruling saying that Apple had abused its dominant position by imposing unfair conditions on providers of dating apps in the App Store. The Rotterdam District Court ruled that the Dutch Authority for Consumers and Markets (ACM) was therefore right to impose an …
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By Joanna Plucinska, Doyinsola Oladipo and Henry Gale LONDON/NEW YORK (Reuters) -With flight cancellations, delays and other disruptions on the rise, leisure travellers are being increasingly discerning over the level and type of insurance they buy and businesses are turning to specialist advisory services to limit risk. Since 2019, travel disruptions around the world have …
Premium insurance demand rises with global travel disruptions Read More »
By Nerijus Adomaitis OSLO (Reuters) -Norwegian workers employed on offshore drilling rigs will go on strike on June 21 if annual wage talks with employers fail, the oil and gas labour unions said on Monday. In total, some 438 union members are initially ready to strike, including 175 from the biggest union Styrke, 193 from …
Norway oil sector workers threaten to strike from June 21 Read More »
By Giulia Segreti, Paul Sandle and Tim Hepher PARIS (Reuters) -Airbus bagged multibillion-dollar plane orders from Saudi Arabia and Poland on the opening day of the Paris Airshow clouded by a separate diplomatic dispute over France’s decision to shut down some Israeli stands for displaying deadly weapons. Delegates expect this year’s iteration of the world’s …
Airbus bags jet orders as Franco-Israeli dispute rocks air show Read More »
(Fixes typo in paragraph 4) By Gianluca Semeraro, Valentina Za and Giuseppe Fonte MILAN (Reuters) -Mediobanca’s decision to delay the shareholder vote on its bid for Banca Generali prevented a likely defeat from shareholders who oppose the deal and have beefed up their holdings in recent weeks, four sources close to the matter said. On …
Mediobanca’s Banca Generali vote delay prevented possible defeat, sources say Read More »
(Corrects figure in final paragraph to reflect Singapore appeal court’s reduction of damages) LONDON (Reuters) -Georgia’s former prime minister Bidzina Ivanishvili on Monday urged a London court to uphold a $607 million Bermudan judgment he won against a Credit Suisse subsidiary over a long-running fraud committed by a former Credit Suisse adviser. Ivanishvili, the founder …
Georgia’s Ivanishvili asks UK court to uphold $607 million ruling against Credit Suisse Read More »
(Reuters) -Gucci owner Kering is set to hire Renault Chief Executive Luca de Meo, five sources told Reuters on Monday, in a move that will see de Meo pivot from the automotive to the luxury sector. Below are examples of other CEOs who switched industries, along with the stories of how they fared: ANGELA AHRENDTS …
(Reuters) -ATR, the world’s largest commercial turboprop aircraft maker, and Pratt & Whitney Canada will collaborate to develop propulsion technology aimed at reducing fuel burn and maintenance costs, the companies said on Monday. The companies will also look to study the feasibility of hybrid electric propulsion for ATR’s next-generation concept of aircraft dubbed “EVO”. Franco-Italian …
ATR, Pratt & Whitney Canada to collaborate on turboprop propulsion technology Read More »
By Sergio Goncalves LISBON (Reuters) -The European Union must keep a constructive position with the U.S. on trade tariffs to avoid an unwanted trade war, EU Council President Antonio Costa said on Monday. Ahead of a G7 meeting in Canada, where trade issues should be discussed, Costa said if the EU was subject to discriminatory …
EU must keep ‘nerves of steel’ in talks with U.S. on tariffs, Costa says Read More »
(Reuters) -Britain’s competition watchdog on Monday launched a probe into the proposed merger between advertising giants Omnicom and Interpublic, to assess whether the deal could lead to a reduction in competition in the UK market. Omnicom struck a $13.25 billion all-stock deal in December to buy rival Interpublic Group, creating the world’s largest advertising agency. …
UK watchdog launches probe into $13.25 billion Omnicom–Interpublic merger Read More »
