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Trump meets with airline CEOs over Qatar subsidy accusations

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WASHINGTON (Reuters) – U.S. President Donald Trump met on Thursday with the chief executives of major American airlines to discuss their accusations that subsidies by Qatar and United Arab Emirates are costing jobs in the United States. FILE PHOTO: A Qatar Airways Boeing 787-8 Dreamliner airplane is pictured at Leonardo da Vinci-Fiumicino Airport in Rome, Read More

Trump to meet with airline CEOs on Qatar flights

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FILE PHOTO: U.S. President Donald Trump speaks to reporters after arriving at Pitt-Greenville Airport before heading to a campaign rally at Williams Arena in Greenville, North Carolina, U.S., July 17, 2019. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – U.S. President Donald Trump planned to meet on Thursday with the chief executives of major American airlines and Qatar Read More

Missile seized in terror raids on Italian far-right suspects

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Anti-terror officers in Italy have seized an air-to-air missile and a huge stash of automatic weapons during a series of raids on far-right groups. Three men were arrested, including one linked to a neo-fascist Italian political party. Turin police said one of the men arrested, Fabio del Bergiolo, had run unsuccessfully as a Senate candidate Read More

Huawei to move 1,000 jobs from US to Italy, plus a $3 billion investment to boot

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Chinese telecom giant Huawei has called on Rome to ensure the “transparent, efficient and fair” use of its ‘golden power’ when it comes to developing Italy’s 5G network. The CEO of Huawei’s Italian unit, Thomas Miao, said on Monday the company will invest $3.1 billion in the country over the next three years. Speaking at Read More

EU legal advice favors Vivendi in feud with Mediaset

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MILAN (Reuters) – An Italian law that forced French media group Vivendi (VIV.PA) to forfeit most of its voting rights in Italian broadcaster Mediaset (MS.MI) may not comply with European rules, according to European Commission legal advice seen by Reuters. FILE PHOTO: The Mediaset tower is seen in Cologno Monzese neighbourhood Milan, Italy, April 7, Read More

Deutsche Bank careers end in an envelope, a hug and a cab ride

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HONG KONG/LONDON/NEW YORK (Reuters) – Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement. A man carrying a box leaves a Deutsche Bank office Read More

Deutsche Bank careers curtailed with an envelope, a hug and a cab ride

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HONG KONG/LONDON (Reuters) – Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement. A man carrying a box leaves a Deutsche Bank office in Read More

Illycaffe chairman says open to partnership to expand cafe network

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MILAN (Reuters) – Italian premium coffee maker illycaffe is open to a strategic partnership to help accelerate the growth of its retail network and could consider selling a minority stake for the first time in its 86-year history, Chairman Andrea Illy told Reuters. FILE PHOTO: Andrea Illy, Chairman and CEO of Illycaffe, talks to Reuters Read More

Eni awarded new EandP license in the prolific Tano basin, offshore Ghana

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7/3/2019 MILAN — Eni (70%) and its partner Vitol (30%) have been awarded rights to Block WB03, located in the medium deep waters of the prolific Tano basin, offshore Ghana. This result allows Eni to further consolidate its presence in the Country. Eni will be the Operator of the license and besides Vitol the Joint Read More

Italian report reveals basis for revoking Atlantia road concession: source

3 weeks ago DieselGasoil Comments Off on Italian report reveals basis for revoking Atlantia road concession: source
FILE PHOTO: A logo of the Atlantia Group is seen outside their headquarters in Rome, Italy August 31, 2018. REUTERS/Alessandro Bianchi/File Photo ROME (Reuters) – Italy’s ruling 5-Star party believes the government has a legal opinion that would justify terminating a national motorway concession that accounts for a third of core profits of infrastructure group Read More