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☆ Italy's Parliament Approves Crackdown on Teenage Migrants
▼ + stars: | 2023-11-30 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

ROME (Reuters) - Italian lawmakers on Thursday approved a government decree that allows migrants aged 16 or 17 to be held in adult reception centres and gives police stronger powers to check that migrants are not falsely claiming to be under age. Under Italian and European legislation, unaccompanied young migrants are entitled to more favourable treatment. For example, they cannot be expelled and should have access to more extensive welfare and support services. It allows minors aged 16 or 17 to be held in adult migrant reception camps when places for underage migrants are not available, and says they can be held there for up to 150 days. Earlier this month, Meloni announced Italy would build migrant identification and reception centres in Albania, saying she hoped they could host as many as 36,000 sea migrants per year.

Persons: Giorgia, Meloni, Angelo Amante, Gareth Jones Organizations: Senate, Unicef Locations: ROME, Italy, Albania, Africa

☆ India authorises Apple, Dell, Lenovo and others to import laptops, tablets -sources
▼ + stars: | 2023-11-01 | by ( Shivangi Acharya | ) www.reuters.com time to read: +1 min

[1/2] A Dell laptop is seen for sale in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW DELHI, Nov 1 (Reuters) - Apple (AAPL.O), Dell (DELL.N), HP (HPE.N), Samsung (005930.KS) and Lenovo (0992.HK) are among 110 firms authorised by India to import laptops, tablets and personal computers under a new system aimed at monitoring shipments, two government sources said. Acer (2353.TW), Xiaomi (1810.HK), IBM (IBM.N) and ASUS (2357.TW) have also been issued import authorisations, the two sources said, under India's new "import management system" effective from Wednesday. India announced the new system for laptops, tablets and personal computers last month after it rolled back an earlier plan to impose a licensing regime, following criticism from the industry and Washington. The sources declined to be named as details of the authorisations have not yet been made public.

Persons: Andrew Kelly, Shivangi Acharya, Kirsten Donovan Organizations: REUTERS, Dell, HP, Samsung, Lenovo, HK, IBM, ASUS, India, Washington . Companies, Thomson Locations: Manhattan , New York City, U.S, DELHI, India, Washington

☆ Australia toughens ban on training 'certain foreign militaries' after pilot case
▼ + stars: | 2023-09-14 | by ( Kirsty Needham | ) www.reuters.com time to read: +3 min

FILE PHOTO: Australian Defence Minister Richard Marles speaks to the media at the 19th Shangri-La Dialogue in Singapore June 12, 2022. A series of cases where former military pilots living in Australia had worked for a South African flight school training Chinese pilots, which the United States alleges are Chinese military pilots, has prompted the crackdown. Penalties of up to 20 years prison will apply for providing military training or tactics to a foreign military or government body, including hybrid civilian and military organisations, or state-owned companies, without authorisation from the defence minister. The Test Flying Academy of South Africa was placed on a U.S. trade blacklist on national security grounds in June for "providing training to Chinese military pilots using Western and NATO sources". A court was told Hartley, a former British military pilot, was suspected of organising the training of Chinese military pilots delivered by the flight school.

Persons: Richard Marles, Caroline Chia, authorises, recenty, Daniel Duggan, Keith Hartley, Hartley, Kirsty Needham, Lincoln, Simon Cameron, Moore Organizations: Australian Defence, REUTERS, Rights, United Nations, Defence, U.S . Marines Corp, Flying Academy of South, TFASA, Australian Federal Police, Thomson Locations: Singapore, Australia, African, United States, Britain, New Zealand, Canada, China, Australian, Flying Academy of South Africa, U.S, AVIC, British

☆ Australian regulator sues PayPal unit over unfair term in small business contracts
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +2 min

The PayPal logo is seen at an office building in Berlin, Germany, March 5, 2019. The Australian Securities and Investments Commission (ASIC) said it has started proceedings against PayPal Australia Pty Ltd in a case that highlights a contract term that gives PayPal business account holders 60 days to notify discrepancies in fees charged. The regulator views the term as unfair as it authorises PayPal to retain fees it has inaccurately charged. "We allege this term is unfair because it allows PayPal to escape the consequences of its own errors in overcharging small businesses, and places additional burdens on small businesses to detect and correct charging errors," ASIC Deputy Chair Sarah Court said. As at June 30, there were about 608,275 business account contracts between PayPal and active users in the country.

Persons: Fabrizio Bensch, Sarah Court, Roushni Nair, Poonam Behura, Shailesh Organizations: PayPal, REUTERS, Australian Securities and Investments Commission, PayPal Australia, Reuters, Thomson Locations: Berlin, Germany, Bengaluru

☆ Italy set to take over Telecom Italia's submarine cable unit -draft
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMILAN, Aug 29 (Reuters) - Italy's Treasury can take full ownership of Telecom Italia's (TIM) (TLIT.MI) submarine cable unit Sparkle as part of an agreement with U.S. fund KKR (KKR.N) to jointly bid for the group's landline grid, a draft government decree showed on Tuesday. The cabinet on Monday approved two decrees providing for the Treasury to take a 15-20% stake in NetCo, a venture comprising both TIM's domestic fixed-access network and submarine cable unit Sparkle. It was valued at up to 1.2 billion euros in KKR's preliminary bid for NetCo, sources have said. The Treasury stake in Telecom Italia's grid would have the same property rights assigned to other shares, one of the decrees indicated.

Persons: Dado Ruvic, TIM's, Elvira Pollina, Giuseppe Fonte, Alvise Armellini, Jason Neely Organizations: Telecom Italia, REUTERS, Treasury, Telecom Italia's, U.S, KKR, Reuters, Telecom, Thomson Locations: NetCo, TIM's Milan

"The situation is already very bad for dollar-based funds to invest in China's tech sector. There isn't much room for things to get worse," said Beijing-based China Growth Capital partner Wayne Shiong. Biden's move will likely make China-focussed venture capital firms feel more urgency to raise yuan funds from Chinese investors, he said. In response to Biden's executive order, China's commerce ministry said it was "gravely concerned" and reserved the right to take countermeasures. But the executive order is barely going to do anything, and China escalating would risk turning a molehill into a mountain."

Persons: Florence Lo, Joe Biden's, Donald Trump, Weiheng Chen, Wilson Sonsini, Biden, Chen, Wayne Shiong, Biden's, Yuan, Pan, Trump, Derek Scissors, Kane Wu, Michael Martina, Roxanne Liu, Ziyi Tang, Yantoultra, Sumeet Chatterjee, William Mallard Organizations: REUTERS, U.S, Reuters Graphics Reuters, China Growth Capital, Chinese Academy of Social Sciences, TECH, Hua Hong Semiconductor, Analysts, American Enterprise Institute, Thomson Locations: China, U.S, HONG KONG, WASHINGTON, Beijing, Washington, Shanghai, Hong Kong, Singapore, Bengaluru

☆ Israel authorises West Bank outposts, despite U.S. admonition
▼ + stars: | 2023-02-12 | by ( Dan Williams | ) www.reuters.com time to read: +3 min

JERUSALEM, Feb 12 (Reuters) - Israel granted retroactive authorisation on Sunday to nine Jewish settler outposts in the occupied West Bank and announced mass-construction of new homes within established settlements, moves likely to draw U.S. opposition. Since capturing the West Bank in a 1967 war, it has established 132 settlements, according to the Peace Now watchdog group. Palestinian President Mahmoud Abbas's administration, whose U.S.-sponsored statehood talks with Israel broke down in 2014, said Sunday's announcement should be "condemned and rejected". While welcoming the Netanyahu government's announcement, West Bank settler leader Yossi Dagan urged "a total removal of curbs on construction, to enable construction in full swing". The other Palestinian territory, Gaza, is under Hamas Islamists who reject peacemaking with Israel.

☆ Luxembourg authorises some frozen Russian assets to be unblocked
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +2 min

The general licence issue should allow non-sanctioned Russian investors to transfer assets from the NSD, Russia's domestic paying agent that was sanctioned by the European Union in June, to other locations. Analysts from Otkritie Investments wrote that Luxembourg appeared to have taken numerous appeals from Russian depositories and investors into account. "This is a clear and positive signal that gives grounds to expect a decision on the issue of unblocking securities of Russian private investors," Otkritie analysts said. The EU sanctions on the NSD, as well as other Western measures aimed at restricting Russia's access to global financial infrastructure, have blocked many Russian investors' access to securities held in jurisdictions outside Russia. "Comments and interpretations of the text will be given later, after consultation with the group's legal consultant," the NSD said.

The proposal comes in an amendment to a statute on industrial innovation put forward by the economy ministry, raising the corporate income tax break to 25% from 15%. "Facing the new competitive pressure brought about by the restructuring of the global supply chain, the future development of Taiwan's industry is at stake," the ministry said in a statement. In the wake of a global chip shortage, governments around the world have been touting incentives to bring chip production onshore. The European Commission this year also unveiled a 45 billion euros ($46.6 billion) chip plan. ($1 = 0.9653 euros)Reporting by Ben Blanchard and Sarah Wu; Editing by Kenneth MaxwellOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. authorises departure of non-emergency staff from Nigeria
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +1 min

LAGOS, Oct 25 (Reuters) - The U.S. State Department on Tuesday authorised the departure of non-emergency U.S. government employees and their families from Nigeria due to a heightened risk of terrorist attacks in the country. "The U.S. Embassy Abuja continues to have limited ability to provide emergency assistance to U.S. citizens in Nigeria," the State Department said. Nigeria's Department of State Services said the United States had previously issued similar warnings and urged citizens to remain alert. Insecurity, which is rife across most Nigerian states, is a major issue among voters who will choose a new president next February. Reporting by MacDonald Dzirutwe; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

☆ The long, winding road to Volkswagen's Porsche IPO
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +5 min

October - Porsche SE says it holds stock and options that give it control of 74% of Volkswagen's votes and announces plans for a "domination" agreement. 2012July - Volkswagen agrees to buy the remaining 50.1% stake in Porsche AG from Porsche SE for about 4.5 billion euros. Porsche AG, the carmaker, is now fully owned by Volkswagen AG, while Porsche SE, which is controlled by the Porsche and Piech families, is Volkswagen's largest shareholder and holds a majority of voting rights. 2022February - Volkswagen and Porsche SE say they are examining a possible initial public offering of Porsche AG, under a proposed structure that would give Porsche SE a blocking minority in the eponymous carmaker. On Sept. 29, shares in Porsche AG start trading on the Frankfurt stock exchange at 84 euros apiece, above the issue price of 82.5 euros.

☆ Indonesia parliament passes long-awaited data protection bill
▼ + stars: | 2022-09-20 | by ( Stanley Widianto | ) www.reuters.com time to read: +2 min

Lawmakers overwhelmingly approved the bill, which authorises the president to form an oversight body to fine data handlers for breaching rules on distributing or gathering personal data. The legislation stipulates individuals can be jailed for up to six years for falsifying personal data for personal gain or up to five years for gathering personal data illegally. Communications minister, Johnny G. Plate, said the bill's passage "marks a new era in the management of personal data in Indonesia." "One of the obligations for electronic data organisers, whether public or private, is to ensure protection of personal data in their system," he told reporters. Wahyudi Djafar, who researches data protection for the Institute for Policy Research and Advocacy, questioned whether the penalties were strict enough to force government bodies to improve their data handling.

☆ Lebanon port authorises departure of seized Syrian ship carrying suspected stolen Ukrainian grain
▼ + stars: | 2022-08-03 | by ( ) www.reuters.com time to read: 1 min

BEIRUT, Aug 3 (Reuters) - Lebanon’s Tripoli port authorised the departure of a Syrian ship carrying grain suspected to have been stolen from Ukraine and which had docked in the port city a week ago, Lebanon’s transport minister said in a tweet. Ali Hamie said the Laodicea, a ship blacklisted by the United States in 2015 for its role in the Syrian conflict, would be allowed to travel onto Syria. The Lebanese judge who had issued the seizure order for the ship confirmed to Reuters that it would be allowed to leave. Reporting by Maya Gebeily; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

Persons: Ali Hamie, Maya Gebeily, Alison Williams Organizations: Reuters, Thomson Locations: BEIRUT, Lebanon’s Tripoli, Ukraine, United States, Syria

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