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Alphabet's Waymo robotaxi unit won approval from the California Public Utilities Commission to expand service to parts of Los Angeles and the Bay Area, according to a notice posted to the regulator's website on Friday. "Waymo may begin fared driverless passenger service operations in the specified areas of Los Angeles and the San Francisco Peninsula, effective today," the release said. In mid-February, Waymo initiated a voluntary recall filing notice with the National Highway Traffic Safety Administration, saying it would fix software issues. The latest notice applies to the commercial ride-sharing service Waymo One. WATCH: Crowd burns Waymo in San Francisco

Persons: Alphabet's, Waymo, Apple, Elon Musk's Tesla, Cruise robotaxis Organizations: California Public Utilities Commission, San, National, Traffic Safety Administration, California Department of Motor Vehicles, General Motors, Cruise, Palo Locations: Los Angeles, San Francisco Peninsula, Phoenix, California, Palo Alto, San Mateo County, San Francisco

☆ Asset manager names one under-the-radar market to buy when times are bad, giving 6 stock picks
▼ + stars: | 2024-02-08 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

"People recommend investing in the Swiss market during uncertain periods – like if you are expecting a recession. "Maybe in a bull market, Swiss equities are not going to be a huge outperformer globally — but they can generate positive returns. But in difficult times, Swiss equities, besides the U.S., is one of the markets to buy," Bänziger said. In her view, Swiss stocks benefit from the strong Swiss franc and a political system that fosters innovation in companies. Meanwhile, Bänziger believes Swiss Prime Site and PSP Swiss Property make good investments among small- and mid-caps, given the opportunities in the Swiss real estate sector.

Persons: Carla Bänziger, Bänziger, Stocks Organizations: U.S . Federal, that's, CNBC Pro, Swiss, State Secretariat, Economic Affairs, Swiss Re, SIX Swiss Exchange, Dow Jones International Real, ABB, Nestle, Roche, Novartis Locations: that's Switzerland, Swiss, Zurich, U.S, Switzerland, Germany, China, Europe

☆ Thousands of Portuguese Police Protest Over Wages, Hazard Pay
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Sergio Goncalves and Miguel PereiraLISBON (Reuters) - Thousands of off-duty police officers in plain clothes on Wednesday protested in Lisbon for better wages, demanding the same increases in hazard pay that the outgoing government recently granted to the criminal investigation police (PJ). In late November, after Prime Minister Antonio Costa's resignation but while he still had full powers to make long-term decisions, the government approved hazard pay rises for the PJ that can reach almost 700 euros ($763) per month and are retroactive to January 2023. He added that members of the PSP and the GNR had "practically the same competences as those of the PJ". Police union association ASPP said on Tuesday that the average hazard pay in the PSP was currently between 380 and 420 euros per month, while in the PJ it has reached 1,000 euros. ($1 = 0.9179 euros)(Reporting by Sergio Goncalves and Miguel Pereira; Editing by David Latona and Jonathan Oatis)

Persons: Sergio Goncalves, Miguel Pereira, Antonio Costa's, Humberto de Carvalho, Jose Luis Carneiro, ASPP, Marcelo Rebelo de Sousa, David Latona, Jonathan Oatis Organizations: Miguel Pereira LISBON, Public Security Police, National Republican Guard, PSP, GNR, Police Locations: Lisbon

☆ EU data watchdog urges more privacy safeguards for digital euro
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Oct 18 (Reuters) - The European Union's data protection watchdog on Wednesday called for stronger privacy safeguards in EU draft legislation to underpin a digital euro. Approval of the draft law has been slowed down to give more time to address concerns that the digital euro will lack the anonymity of cash for low-value transactions. The draft law should also "further clarify" the data protection responsibilities of the ECB and of payments services providers (PSP). The board said it strongly welcomed that digital euro users will always have the choice to pay in digital euros or in cash. “A high standard of privacy and data protection is instrumental in citizens' trust in this new digital currency," said Irene Loizidou Nicolaidou, the EDPB's deputy chair.

Persons: Dado Ruvic, Irene Loizidou Nicolaidou, Huw Jones, Bernadette Baum, Jane Merriman Organizations: REUTERS, European Central Bank, European Commission, Data Protection, ECB, PSP, Thomson

☆ US Representative Wexton won't seek reelection after new diagnosis
▼ + stars: | 2023-09-18 | by ( Katharine Jackson | ) www.reuters.com time to read: +2 min

REUTERS/Mary F. Calvert Acquire Licensing RightsWASHINGTON, Sept 18 (Reuters) - U.S. Representative Jennifer Wexton, a Virginia Democrat, on Monday said she would not seek reelection after doctors updated her diagnosis to a more serious condition, which she likened to "Parkinson’s (disease) on steroids." PSP is a neurological disorder that affects body movements, causing problems with walking, eye movement, and swallowing and worsens over time. The rare condition is characterized by symptoms that are similar to Parkinson's but more difficult to treat. Wexton flipped a seat held by Republicans for decades in 2018 as voters veered away from then-President Donald Trump. Reporting by Katharine Jackson; editing by Jonathan Oatis and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Jennifer Wexton, Steven Mnuchin, Mary F, Calvert, I’ve, I’m, Wexton, Donald Trump, Katharine Jackson, Jonathan Oatis, Bill Berkrot Organizations: Financial, Treasury, International, REUTERS, Rights, Virginia Democrat, National Institute of Neurological Disorders, Thomson Locations: Washington , U.S, Virginia, Northern Virginia, Washington

☆ US representative won't seek reelection after doctors say Parkinson's more serious
▼ + stars: | 2023-09-18 | by ( Katharine Jackson | ) www.reuters.com time to read: +2 min

REUTERS/Mary F. Calvert Acquire Licensing RightsWASHINGTON, Sept 18 (Reuters) - U.S. Representative Jennifer Wexton, a Virginia Democrat, on Monday said she wouldn't seek reelection after doctors updated her diagnosis to a more serious condition, which she likened to "Parkinson’s (disease) on steroids." The third-term congresswoman announced in April that she had been diagnosed with Parkinson's but would continue to work while being treated for the disease, which was affecting her speech. There is no ‘getting better’ with PSP," she said, announcing her decision on Monday. Wexton flipped a seat held by Republicans for decades in 2018 as voters veered away from then-President Donald Trump. Reporting by Katharine Jackson; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Jennifer Wexton, Steven Mnuchin, Mary F, Calvert, wouldn't, I’ve, I’m, Donald Trump, Katharine Jackson, Jonathan Oatis Organizations: Financial, Treasury, International, REUTERS, Rights, Virginia Democrat, Thomson Locations: Washington , U.S, Virginia, Northern Virginia, Washington

FALLS CHURCH, Va. (AP) — U.S. Rep. Jennifer Wexton, a Democrat, announced Monday she won't seek reelection in her competitive district in the northern Virginia suburbs of Washington after learning she has a severe form of Parkinson's disease. Wexton announced in April that she had been diagnosed with Parkinson's and that she planned to continue her work in Congress. Wexton was a prosecutor and state legislator before she was elected to Congress in 2018. Virginia's 10th Congressional District, where Wexton serves, is centered in Loudoun County, an outer suburb of the nation's capital. Early symptoms of this disease are subtle and occur gradually, according to the National Institute on Aging.

Persons: Jennifer Wexton, Wexton, Parkinson's, ” Wexton, “, ”, Barbara Comstock, Donald Trump Organizations: — U.S . Rep, Democrat, U.S . House, Republican Rep, GOP, Virginia's, Congressional, National Institute, Aging, National Institutes of Health Locations: Va, Virginia, Washington, Loudoun County, Loudoun

☆ Australia's Costa Group gets lower buyout offer from PE firm Paine Schwartz
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: +1 min

Under the proposal, Costa's shareholders would receive A$3.20 apiece for the remaining 85.16% stake PSP does not already own, lower than the A$3.50 apiece offer received in July. The latest offer still represents a 8.8% premium to Costa's last closing price. Costa, Australia's leading grower, packer and marketer of fresh fruit and vegetables, said it is considering the lower offer and is continuing to engage with PSP regarding the terms and conditions. PSP paid A$2.60 a share for a 13.78% stake in Costa in October, which it increased to 14.84% in late March. Costa had given PSP access to its books on a non-exclusive basis for eight weeks after receiving the initial offer in July.

Persons: Daniel Munoz, Paine Schwartz, packer, Costa, Himanshi, Lisa Shumaker, Stephen Coates Organizations: REUTERS, Costa Group Holdings, Monday U.S, Paine Schwartz Partners, PSP, Thomson Locations: Sydney, Costa, Bengaluru

LONDON, July 28 (Reuters) - French telecoms firm TDF is studying options for its fibre business including a sale, four people familiar with the matter told Reuters, in a deal that could value the fibre unit upwards of 1 billion euros. The sellers are looking for as much as 1.3 billion to 1.6 billion euros for the fibre unit, according to one of the people, a price that buyers may find difficult to swallow. TDF - a former unit of France's leading telecoms operator Orange - provides broadcasting, fibre and telecoms infrastructure with some of its radio antennas sitting on top of the Eiffel Tower in Paris. The fibre unit's EbitdaAL, which deducts the cost of the leases from EBITDA, reached 28.7 million euros last year up from 21.6 million euros a year earlier, while revenues grew 42.8% to 52 million euros, according to TDF’s latest annual results. Two of the sources said the fibre unit's valuation will depend on the number of homes connected to fibre, market penetration and growth rate.

Persons: Brookfield, Sweden's, Les Echos, Andres Gonzalez, Amy, Jo Crowley, Jonathan Oatis Organizations: TDF, Reuters, Brookfield Asset Management, BNP Paribas, BNP, Brookfield, Orange, Eiffel, Sweden's EQT Partners, PSP Investments, APG, Management, Arcus Infrastructure Partners, Agricole, CAA, Thomson Locations: Paris, Europe, TDF, EBITDA

☆ A passenger was tasered and removed from a flight after his 'disorderly' behavior caused a plane to divert to a Portuguese island
▼ + stars: | 2023-07-23 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +2 min

A Jet2 passenger was reportedly tasered by police and removed from the plane for "unruly" behavior. He prompted the plane to land unscheduled on a Portuguese island 330 miles from its destination. A passenger on a flight to a Spanish holiday destination has been arrested and detained by Portuguese police for "disobedience" after being accused of "disorderly" behavior on a flight, The Scottish Daily Express reported. A Jet2 spokesperson told the MailOnline that the plane was diverted to "offload a disruptive passenger," which "subsequently delayed" a later flight from Tenerife to Edinburgh. Earlier this month, a "drunk" British Jet2 passenger had to be restrained by plane staff after threatening to open the aircraft door, the MailOnline reported, causing an emergency landing in Bulgaria.

Persons: Diário de Organizations: Morning, Scottish Daily Express, Porto, Madeira Regional Command, Public Security Police Locations: Spanish, Edinburgh, Scotland, Porto Santo, Madeira, Tenerife, Bulgaria

☆ Four people shot dead in Portugal, CNN Portugal says
▼ + stars: | 2023-04-30 | by ( ) www.reuters.com time to read: 1 min

LISBON, April 30 (Reuters) - A man shot three people dead and then committed suicide on Sunday in the Portuguese city of Setubal, about 45 km (28 miles) south of the capital, CNN Portugal said. PSP police commissioner Joao Freire told Reuters that "there are four bodies, which were supposedly the result of a shooting, but the causes and details are not yet known". The police criminal cases agency PJ was at the scene investigating, Freire said. CNN Portugal said the shooting took place at around 8 a.m. in a poor neighbourhood of Setubal called Bairro Azul, and that the gunman committed suicide when police officers arrived on the scene. Reporting by Sergio Goncalves Editing by Frances KerryOur Standards: The Thomson Reuters Trust Principles.

☆ US-China decoupling stems from economic and security issues 'bleeding together,' says Penny Pritzker
▼ + stars: | 2023-03-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUS-China decoupling stems from economic and security issues 'bleeding together,' says Penny PritzkerPenny Pritzker, former U.S. Commerce Secretary and PSP Partners founder and chairman, joins 'Squawk Box' to discuss International Women's Day, Pritzker's thoughts on the decoupling of China and the United States and more.

☆ Analysis: Southwest got billions of dollars in taxpayer aid. Why is its service still a mess?
▼ + stars: | 2022-12-28 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

Southwest Airlines received more than $7 billion from that program. However, analysts say, Southwest’s service meltdown is unrelated to the taxpayer assistance the airline received in 2020. Cancelled Southwest Airlines flights are seen on the flight schedules at LaGuardia Airport, Tuesday, Dec. 27, 2022, in New York. In April 2020, airline passenger traffic plummeted 96% and stayed 60% below 2019 levels in 2020, according to the US Government Accountability Office. “The problems at Southwest Airlines over the last several days go beyond weather,” she said in a statement.

☆ Indian shares tipped to fall ahead of Nov inflation data
▼ + stars: | 2022-12-12 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Dec 12 (Reuters) - Indian shares were set to fall on Monday, as traders braced for local retail inflation data, due later in the day, and a flurry of interest rate decisions by major central banks this week. India consumer price inflation for November likely cooled to a nine-month low of 6.40%, according to a Reuters poll. U.S. consumer inflation data for November, scheduled to be released on Tuesday, would also be keenly watched. read moreForeign institutional investors sold 1.58 billion rupees ($19.16 million) worth of equities on a net basis on Friday, while domestic investors bought 5.02 billion rupees ($60.88 million) worth of shares, as per provisional NSE data. ** PSP Projects (PSPP.NS): Co received a letter of intent for project worth 1.22 billion rupees from Nila Spaces.

☆ Canada's PSP fund to double issuance of long-term green bonds
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +1 min

TORONTO, Nov 10 (Reuters) - Canada’s Public Sector Pension Investment Board (PSP Investments) aims to more than double the C$1 billion ($749 million) value of sustainable bond issuance by 2026, an official at the pension fund told Reuters on Thursday. The pension scheme, which manages C$230.5 billion in assets, issued its first-ever green bond in February this year as part of its goal to reach net-zero emissions. Several other pensions including Ontario Teachers' Pension Plan (OTPP), Caisse de dépôt et placement du Québec and the Canada Pension Plan Investment Board (CPPIB), have also issued green bonds. Neither OTPP, CPPIB nor Caisse have set targets for green bond issuance. PSP, Canada's fifth-largest pension investment manager, also increased its exposure to green assets by C$6.12 billion to C$46.5 billion in 2022, it said in a report released on Thursday.

☆ Bank of Canada sets out path for regulating digital payment providers
▼ + stars: | 2022-11-02 | by ( Julie Gordon | ) www.reuters.com time to read: +2 min

OTTAWA, Nov 2 (Reuters) - The Bank of Canada on Wednesday said it would take a flexible, risk-based approach in its nascent role as a digital payment regulator, aiming to ensure confidence in the safety and reliability of the fast-growing electronic payment segment. The central bank became the regulator for payment service providers (PSPs) like card networks, digital wallets and money transfer services under Canadian law last year. "We’re not going to use a blanket supervisory approach to the task at hand," Rob Morrow, Bank of Canada's executive director of Retail Payments Supervision, said in a prepared speech. "We will take a risk-based approach that will focus on end-user impacts and the efficiency of payment services." The Bank of Canada estimates more than 2,500 entities will fall under its supervision once the rules come into force.

☆ Two top House Democrats seek review of whether airlines used Covid bailout funds for staff buyouts
▼ + stars: | 2022-09-09 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Two House Democrats have asked a Treasury Department watchdog to investigate whether airlines used a portion of a federal coronavirus relief package to pay for staff buyouts during the pandemic. Airlines were prohibited from laying off staff as a condition of accepting $54 billion in taxpayer aid to weather the Covid-19 pandemic. As a result, some airlines, including American and United, cut flights or grounded dozens of planes, particularly to small cities. Shorter routes are flown generally by regional airlines, and airlines have hired hundreds of new pilots from those smaller carriers to fill their own ranks. The Treasury Department declined to comment.

☆ De ce preferă moldovenii să-şi ţină banii în buzunar şi nu pe card?
▼ + stars: | 2021-07-07 | by ( ) capital.market.md time to read: +6 min

În timp ce numărul retragerilor de numerar a rămas aproximativ constant pe parcursul ultimilor 3 ani, numărul plăţilor fără numerar s-a majorat de 2,2 ori. Patru din cinci moldoveni au card bancar4 din 5 locuitori ai R. Moldova deţin un card de plată. În anul 2020, PFN efectuate cu cardurile emise în R. Moldova au constituit 70,3 mil. În anul 2020 s-a înregistrat o creştere de 56,3 la sută ca număr şi, respectiv, 54,6 la sută ca valoare faţă de anul 2019. În anul 2020, cu cardurile de plată emise de prestatorii de servicii de plată din R. Moldova au fost efectuate 11,0 mil.

Persons: Eduard Lupu Organizations: Moldovei, UE Locations: Moldova

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