Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Gonzalo"


25 mentions found


Thailand's new PM meets Tesla chief Musk in New York
  + stars: | 2023-09-21 | by ( ) www.reuters.com   time to read: +2 min
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsBANGKOK, Sept 21 (Reuters) - Thailand's new Prime Minister Srettha Thavisin said on Thursday he met with Tesla (TSLA.O) chief Elon Musk in New York, where they discussed the electric vehicle industry. Srettha, who is in New York to attend the United Nations General Assembly, said he spoke with Musk about EV manufacturer Tesla and his rocket and satellite company SpaceX, including its internet venture Starlink. Around half of all regional EV sales are from Thailand, followed by Vietnam and Indonesia, with Chinese carmakers like BYD leading by a wide margin. Tesla, also popular in Thailand, launched models in the growing market last year.
Persons: Elon Musk, Porte, Gonzalo Fuentes, Srettha Thavisin, Tesla, Asia's, Srettha, Chayut Setboonsarng, Jane Merriman, Richard Chang Organizations: SpaceX, Tesla, Viva Technology, Porte de, REUTERS, Rights, EV, United Nations General Assembly, Twitter, Toyota, Honda, Thomson Locations: Paris, France, Rights BANGKOK, New York, Thailand, Southeast Asia, Japanese, Vietnam, Indonesia, Asia
"We are negatively surprised by lack of revenue growth, increased capital target, payout & ROTE cut, and by the lack of details," Jefferies analysts said in a note. It also said its new targets were based on annual revenue growth expectations between zero and 2% between 2022 and 2026, but that it would aim to improve its cost-to-income ratio. A SocGen veteran and former head of its investment bank, Krupa said he would streamline the bank's activities but didn't elaborate. The share price decline put SocGen on course for the biggest one-day drop since March. "It will take time for the shares to discount the cost improvement given SG's mixed track record," they said.
Persons: Gonzalo Fuentes, Krupa, Slawomir Krupa, SocGen, JP Morgan, Tassilo Hummel, Silvia Aloisi, Elisa Martinuzzi, Michal Alexandrowicz, Mathieu Rosemain, Ingrid Melander, Mark Potter Organizations: Societe Generale, La Defense, REUTERS, BNP, Jefferies, Thomson Locations: La, Paris, France, Russia
Key targets in SocGen's new strategy plan
  + stars: | 2023-09-18 | by ( ) www.reuters.com   time to read: +1 min
A logo of French bank Societe Generale is seen on the company's skyscraper at the financial and business district of La Defense near Paris, France September 14, 2023. Here are key targets:GROWTHAnnual revenue growth expectations between 0 and 2% by 2026. In August last year, the bank said it was aiming for average annual revenue growth of at least 3% for 2021-2025. ROTETargets a 9 to 10% return on tangible equity ratio in 2026, up from a reported 5.6% ROTE at the end of June. CET1Aims for a CET1 ratio - a key measure of financial strength - of 13% in 2026, almost on par with the 13.1% reported at end of June.
Persons: Gonzalo Fuentes, Slawomir Krupa, SocGen, Krupa, Mathieu Rosemain, Ingrid Melander, Mark Potter Organizations: Societe Generale, La Defense, REUTERS, Generale's, Thomson Locations: La, Paris, France
REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsLONDON/DUBLIN, Sept 18 (Reuters) - Societe Generale's (SOGN.PA) much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy. "There are more questions about the future and the economy," Legras said, adding that transformative mergers between banks, which investors have waited for in vain, remained unlikely. Reuters GraphicsThat dampens the prospects for Europe's banks, whose valuations are low and static, said one adviser who works with top executives from the region's lenders, adding that investors struggle to see much promise for the sector. European banks' modest earning power has dampened investor appetite for their shares, which often trade at just a fraction of book value - the sum of their assets. While in the United States, JP Morgan and Morgan Stanley are valued at around 1.5 times book value, Germany's Deutsche Bank, Dutch lender ABN Amro, France's Credit Agricole and Britain's Standard Chartered are valued at just half book value or less.
Persons: Gonzalo Fuentes, Jerome Legras, Legras, Slawomir Krupa, Krupa, Goldman Sachs, JP Morgan, Frederic Rozier, Morgan Stanley, Karel Lannoo, Elisa Martinuzzi, John O'Donnell, Alexander Smith Organizations: Societe Generale, La Defense, REUTERS, Reuters, European Central Bank, European Union, Commission, Deutsche Bank, ABN Amro, France's Credit, Thomson Locations: La, Paris, France, DUBLIN, France's, Europe, United States, Germany, Mirabaud, U.S, Brussels
Like, wait, did he not travel to Atlanta?” added Trivedi, referring to Atlanta United’s Major League Soccer (MLS) game against Inter Miami on Saturday. “I feel bad,” Galdamez told CNN. Seeing him would have made the money worth it, because he’s like a God!” Rohan Jhanjee told CNN. “We’re thankful for the fact that he’s here in the US,” Lacey Hunt told CNN. They must also hope that his absence from a crucial league game wasn’t too costly.
Persons: Lionel Messi’s, Rishi Trivedi, , Trivedi, , he’s, Jenil Patel, Gonzalo Pineda, ” Lionel Messi, Megan Briggs, Messi, Mercedes, they’d, Angel Galdamez, ” Galdamez, Irma Lopez, Hector Vivas, It’s, it’s, he’d, we’d, Rohan Jhanjee, Leonardo DiCaprio, Prince Harry, Selena Gomez, “ We’re, ” Lacey Hunt, Brad Penner, he’ll, Miami’s Organizations: CNN, CNN Sport, Atlanta United’s Major League Soccer, Inter Miami, Inter, Atlanta, Inter Miami CF, Florida Blue Training, Getty, MLS, Atlanta United, United, Miami, Leagues Cup, Sporting Kansas City, Leagues, Orlando City SC, Messi, New York Red Bulls, Red Bull Arena, USA, Network, Reuters, Houston, Eastern Conference Locations: Argentine, Miami, Atlanta, Fort Lauderdale , Florida, United States, Argentina, North America
Erdogan asks Musk to build Tesla factory in Turkey
  + stars: | 2023-09-17 | by ( Chandni Shah | ) www.reuters.com   time to read: +1 min
Elon Musk gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsSept 17 (Reuters) - Turkish President Recep Tayyip Erdogan asked Tesla (TSLA.O) CEO Elon Musk to build a Tesla factory in Turkey, Anadolu Agency posted on social media platform X on Sunday. Erdogan asked Musk during a meeting at Turkish House, a skyscraper near the United Nations in New York, the Turkish state-owned news agency said. Musk posted on X that their talks would focus on artificial intelligence technology. Erdogan is in the U.S. to attend the 78th session of the United Nations General Assembly.
Persons: Elon, Porte, Gonzalo Fuentes, Recep Tayyip Erdogan, Tesla, Elon Musk, Erdogan, Musk, Benjamin Netanyahu, Chandni Shah, Lisa Shumaker Organizations: Viva Technology, Porte de, REUTERS, Anadolu Agency, Turkish, United Nations, United Nations General Assembly, Thomson Locations: Paris, France, Turkish, Turkey, New York, California, U.S, India, Mexico, Nuevo Leon, Washington, Bengaluru
CNN —Since Lionel Messi’s arrival at Inter Miami, the club has experienced a turnaround in its fortunes, going unbeaten in 11 games after a nine-game winless streak. But that all changed on Saturday as Inter Miami sunk to a 5-2 defeat against Atlanta United, after taking to the field without Messi who was rested for the first time since signing for the club in July. Inter Miami scored first following a superb Leonardo Campana goal in the 25th minute, as he controlled the ball with his chest, chipped it over a defender, and volleyed it into the net. Inter Miami conceded five goals, including an own goal. “Honestly, I told the players, there are a lot of things out there in the atmosphere and everything seems to be about Inter Miami,” he said, according to ESPN.
Persons: Lionel Messi’s, Messi, Leonardo Campana, Tristan Muyumba, Brooks Lennon, Campana, Giorgos Giakoumakis, Tyler Wolff, Geoff Burke, CNN’s Don Riddell, , Gonzalo Pineda, Organizations: CNN, Inter Miami, Atlanta United, USA, Network, Reuters, Mercedes, Benz, ESPN, , ” Inter Miami’s, Toronto FC, D.C, United, Audi Field Locations: Miami, Atlanta, Fort Lauderdale , Florida, Washington
REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsSept 14 (Reuters) - French oil major TotalEnergies (TTEF.PA) is in talks to invest in renewable energy projects developed by India's Adani Green Energy (ADNA.NS) as part of its clean energy push, Bloomberg News reported on Friday, citing unnamed sources. Total could invest about $700 million in the projects, the report said, citing one source. The Adani Group has denied wrongdoing. Adani Green shares were up 0.5% on Friday. Adani Green had in July said it approved raising 123 billion rupees through a qualified institutional placement.
Persons: Gonzalo Fuentes, India's, Adani, Gautam Adani's, Hindenburg, Adani Green, Evelyn Nikhila S, Ganesh, Mrigank Organizations: La Defense, REUTERS, Energy, Bloomberg, Adani, Thomson Locations: La, Paris, France, Bengaluru
People walk past a logo of French bank Societe Generale in front of the company's skyscraper at the financial and business district of La Defense near Paris, France September 14, 2023. The bank sees the business as non-core, having sold part of its operations in 2020, said the people, who spoke on condition of anonymity. But a transaction may not happen soon because difficult market conditions weigh on the unit's valuation, they said. Societe Generale Equipment Finance provides equipment leasing and financing solutions to manufacturers, dealers and vendors in sectors ranging from transport to industrials. Rather than naming non-core businesses, Krupa is more likely to outline the group's growth areas, said one person familiar with the bank's thinking.
Persons: Gonzalo Fuentes, Slawomir Krupa, Krupa, Italy's, SocGen, Pablo Mayo Cerqueiro, Mathieu Rosemain, Andres Gonzalez, Amy, Jo Crowley, Elisa Martinuzzi, Silvia Aloisi, Jane Merriman, David Evans Organizations: Societe Generale, La Defense, REUTERS, Finance, Reuters, Deutsche Bank, BNP, Societe Generale Equipment Finance, Basel Committee, Thomson Locations: La, Paris, France, PARIS, Basel
Spanish farmer Miguel Moreno was an early adopter of so-called cover crops. Spain's drought-hit olive oil production slumped to 663,000 tonnes last year, less than half the average of 1.45 million tons recorded in the previous four harvests, according to the government. In January, it began subsidising farmers who use cover crops as part of the new Common Agricultural Policy (CAP). She said the company was pushed both by customers such as Walmart in the U.S. and by regulation to buy olive oil from producers using sustainable practices. Ecology professor Manzaneda is also coordinator of EU-funded project SOIL O-LIVE and is testing methods for coaxing Albacete's degraded earth back to health.
Persons: Chiclana de Segura, Jon Nazca, Andrea Ronca, Miguel Moreno, Angel, Dcoop, Gonzalo Delacamara, Emilio Gonzalez, Antonio Manzaneda, Manzaneda, Olive, Syngenta, Luis Miranda, Domingo, Marco Trevisan, Dean, Simone Rech, Catalonia's Cava, Sebastiano Conti, Charlie Devereux, Antonella, Corina Pons, Keith Weir, Frank Jack Daniel Our Organizations: REUTERS, Companies Southern, VILLANUEVA DEL ARZOBISPO, Farmers, European Union, of Nutrition, Plant Science, IE, Water, University of Cordoba, University of Jaen, European, Walmart, Swiss, Syngenta, EU, TECH, Smart, Milan Polytechnic, University of Brescia, of Agricultural Sciences, Catholic University of Piacenza, Thomson Locations: Olive, Chiclana, Jaen, Spain, ROME, Italy, Madrid, European, France, Germany, Mantua, Andalusia, European Union, U.S, ITALY, Treviso, Venice, Sicily
"We are making bold decisions to meet our commitments to our shareholders," Fraser, 56, said in a statement. The latest changes have already eliminated 35 committees, Fraser said, citing an example of efforts to reduce bureaucracy. Job cuts are expected, but the bank did not estimate the number of positions being eliminated or the financial impact, sources familiar with the matter said. "Investors are only going to give Citigroup credit for hard numbers meeting their goals," said Eric Compton, banking analyst at Morningstar. Citi is eliminating layers in former divisions Institutional Clients Group and Personal Banking and Wealth Management.
Persons: Jane Fraser, Fraser, Shahmir Khaliq, Andrew Morton, Peter Babej, Gonzalo Luchetti, Andy Sieg, Wells, JPMorgan Chase, Brian Mulberry, Eric Compton, Ernesto Cantu, Mark Mason, Tatiana Bautzer, Saeed Azhar, Medha Singh, Lananh Nguyen, Nick Zieminski, Jonathan Oatis Organizations: Citigroup, Citi, Bank of America, JPMorgan, Zacks Investment Management, Morningstar, Wealth Management, International, Thomson Locations: North America, New York
An Apple logo is pictured in an Apple store in Paris, France September 17, 2021. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsPARIS, Sept 13 (Reuters) - Apple (AAPL.O) said on Wednesday its iPhone 12 model was certified by multiple international bodies as compliant with global radiation regulations and standards after a French watchdog ordered it to stop selling the phones due to above-threshold radiation levels. The ANFR radiation watchdog told Apple on Tuesday it should stop selling iPhone 12 in France after carrying out tests which it said showed the smartphone's Specific Absorption Rate (SAR) was higher than legally allowed. The ANFR said it expected Apple "to deploy all available means to put an end to the non-compliance. Apple said it had provided ANFR multiple Apple and independent third-party lab results proving its compliance.
Persons: Gonzalo Fuentes, Apple, AFNR, Mathieu Rosemain, Silvia Aloisi Organizations: Apple, REUTERS, Rights, Thomson Locations: Paris, France
Citigroup's business heads in revamped structure
  + stars: | 2023-09-13 | by ( ) www.reuters.com   time to read: +3 min
The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. He is an alum of the London Business School and the London School of Economics. In 2021, he became the global head of Citi's treasury and trade solutions arm. ANDY SIEG, WEALTH The incoming head of Citi's wealth management unit starts on Sept. 27, after running Bank of America's powerhouse Merrill Lynch Wealth Management division since 2017. He was previously the head of the consumer bank in Asia and Europe, Middle East and Africa.
Persons: Chris Helgren, Jane Fraser, SHAHMIR, Khaliq, Fraser, ANDREW MORTON, Morton, Lehman, PETER BABEJ, ANDY SIEG, Merrill, GONZALO LUCHETTI, Niket, Lananh Nguyen, Chizu Organizations: Citigroup Inc, Citi, REUTERS, Citigroup, London Business School, London School of Economics, Morton, Heath, Lehman Brothers, Citi Asia Pacific, Deutsche Bank, Lazard, of America's, Merrill Lynch Wealth Management, JPMorgan Chase, Bain & Company, Thomson Locations: Toronto , Ontario, Canada, Fraser, Jarrow, Asia, Europe, Middle East, Africa, Bengaluru
Regarding Google communications about revenue sharing deals with companies like Apple: "They knew these agreements crossed antitrust lines." JOHN SCHMIDTLEIN, lead lawyer for Google:Defending Google's 90% market share in search: "The large majority of Windows PC users search on Google, not (Microsoft's) Bing." Regarding the market place for search engines: "Users today have more search options and more ways to access information online than ever before." Discussing Apple's and Mozilla's competitions to pick best search engines: "Google won these competitions on the merits." Describing how easy it is to replace Google with a different search engine: "A few easy clicks."
Persons: Gonzalo Fuentes, KENNETH DINTZER, JOHN, Bing, Diane Bartz, Richard Chang Organizations: Google, Viva Technology, Porte de, REUTERS, Microsoft, WASHINGTON, U.S . Justice, Apple, Windows, Thomson Locations: Porte, Paris, France, States, Washington
REUTERS/Johnny Carvajal Acquire Licensing RightsCARACAS, Sept 7 (Reuters) - Before they were arrested and sentenced to 16 years in prison on conspiracy charges, the six Venezuelan activists marched peacefully to call for better salaries for teachers, according to their families and lawyers. The latest moves by Venezuelan authorities demand a coordinated response from other countries, advocates said. He has long accused Venezuela's opposition of seeking to spread chaos. "But obviously I don't have faith in Venezuelan justice," said Oropeza, the wife of activist Bracho. Reporting by Vivian Sequera; Writing by Julia Symmes Cobb; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.
Persons: Oropeza, Alcides, Johnny Carvajal, Nicolas Maduro's, Yorbelis Oropeza, Fionnuala Ni Aolain, Clement Nyaletsossi Voulue, Juan Pappier, Gonzalo Himiob, Hugo Chavez, Venezuela's, Maduro, Javier Tarazona, Tarazona, Roland Carreno, Joel Garcia, Tarazona's, Himiob, Valentina Ballesta, Franks Cabana, Oscar Perez, Ana Leonor Acosta, Xiomara Andara, John Alvarez, Garcia, Bracho, Vivian Sequera, Julia Symmes Cobb, Daniel Wallis Organizations: REUTERS, Rights, Maduro, Judiciary, United Nations, Human Rights, Foro Penal, Amnesty International, Coalition for Human Rights, Democracy, Thomson Locations: Caracas, Venezuela, Rights CARACAS, U.S, they'll, Foro, Russia, China, Colombia, Brazil, Colombian, Venezuelan
SpaceX approved the $1 billion loan, which was backed by some of Musk's SpaceX stock, in October and Musk drew all of it down the same month, according to the report, citing documents. SpaceX had $4.7 billion in cash and securities on hand at the end of last year, the paper said, citing documents. Both SpaceX and X did not immediately respond to a Reuters request for comment. Elon Musk sold a massive chunk of his Tesla shares in 2022, both before and after the Twitter deal, bringing his total sales to about $40 billion which frustrated investors in the EV maker. In addition to Tesla and X, Musk is a co-founder of brain-chip startup Neuralink.
Persons: Porte, Gonzalo Fuentes, Elon Musk, Musk, Tesla, Nilutpal Timsina, Mrinmay Dey, Sherry Jacob, Phillips, Eileen Soreng Organizations: SpaceX, Tesla, Viva Technology, Porte de, REUTERS, Twitter, Wall Street, Federal Communications Commission, Thomson Locations: Paris, France, Bengaluru
Sept 5 (Reuters) - Elon Musk withdrew a loan of $1 billion from SpaceX - the two-decade-old rocket company run by the billionaire - around the same time he was acquiring Twitter, now known as X, for $44 billion, the Wall Street Journal reported on Tuesday. SpaceX approved the $1 billion loan, which was backed by some of Musk's SpaceX stock, in October and Musk drew all of it down the same month, according to the report, citing documents. SpaceX had $4.7 billion in cash and securities on hand at the end of last year, the paper said, citing documents. REUTERS/Gonzalo Fuentes Acquire Licensing RightsBoth SpaceX and X did not immediately respond to a Reuters request for comment. In addition to Tesla and X, Musk is a co-founder of brain-chip startup Neuralink.
Persons: Elon Musk, Musk, Tesla, Porte, Gonzalo Fuentes, Nilutpal Timsina, Mrinmay Dey, Sherry Jacob, Phillips, Eileen Soreng Organizations: SpaceX, Twitter, Wall Street, Federal Communications Commission, Tesla, Viva Technology, Porte de, REUTERS, Thomson Locations: Paris, France, Bengaluru
The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsMUNICH, Sept 3 (Reuters) - Renault (RENA.PA) cannot afford to enter a discount race with Tesla (TSLA.O) or Chinese rivals, the French carmaker's head of engineering told journalists at the IAA Munich car show. "The good strategy is to maintain prices and to adjust fixed costs," Gilles Le Borgne said. Renault's high exposure to Europe makes it one of the most exposed names to new competition from Tesla and Chinese rivals in electric vehicles, UBS wrote in a note this week. Reporting by Gilles Guillaume; Writing by Christoph Steitz; Editing by Paul SimaoOur Standards: The Thomson Reuters Trust Principles.
Persons: Gonzalo Fuentes, Gilles Le Borgne, Gilles Guillaume, Christoph Steitz, Paul Simao Organizations: Renault, Viva Technology, Porte de, REUTERS, Rights, IAA, UBS, Thomson Locations: Porte, Paris, France, French, IAA Munich, Europe
French President Emmanuel Macron welcomes Niger's President Mohamed Bazoum before a meeting over security in the Sahel region at the Elysee Palace in Paris, France, November 12, 2021. The REUTERS/Gonzalo Fuentes Acquire Licensing RightsPARIS, Sept 1 (Reuters) - French President Emmanuel Macron said on Friday that he spoke on a daily basis with Niger's ousted president Mohamed Bazoum, who has been removed from power in a coup. "I speak every day to President Bazoum. The decisions we will take, whatever they may be, will be based upon exchanges with Bazoum," said Macron. Reporting by Sudip Kar-Gupta and Camille Raynaud; Additional reporting by Sofia Christensen in Dakar; Editing by Andy SullivanOur Standards: The Thomson Reuters Trust Principles.
Persons: Emmanuel Macron, Mohamed Bazoum, Gonzalo Fuentes, Niger's, Bazoum, Macron, Sudip Kar, Gupta, Camille Raynaud, Sofia Christensen, Andy Sullivan Organizations: REUTERS, Rights, Thomson Locations: Sahel, Paris, France, Dakar
Messi to lead Argentina in opening World Cup qualifiers
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: +2 min
Soccer Football - International Friendly - Argentina v Panama - Estadio Monumental, Buenos Aires, Argentina - March 23, 2023 Argentina's Lionel Messi during the match REUTERS/Agustin Marcarian/File photo Acquire Licensing RightsBUENOS AIRES, Aug 31 (Reuters) - Lionel Messi will lead world champions Argentina in their opening World Cup qualifiers against Ecuador and Bolivia, the captain's first internationals since joining Major League Soccer's Inter Miami. Coach Lionel Scaloni's 32-man squad also features stalwarts including Angel Di Maria, who returned to Benfica this year, and defender Nicolas Otamendi. Argentina host Ecuador in Buenos Aires on Sept. 7 and travel to play Bolivia five days later. SquadGoalkeepers: Juan Musso (Atalanta), Emiliano Martinez (Aston Villa), Walter Benitez (PSV Eindhoven), Franco Armani (River Plate). Midfielders: Leandro Paredes (AS Roma), Rodrigo De Paul (Atletico Madrid), Guido Rodriguez (Real Betis), Facundo Buonanotte (Brighton & Hove Albion), Enzo Fernandez (Chelsea), Alexis Mac Allister (Liverpool), Exequiel Palacios (Bayern Leverkusen) and Bruno Zapelli (Athletico Paranaense).
Persons: Lionel Messi, Agustin Marcarian, Lionel Scaloni's, Angel Di Maria, Nicolas Otamendi, Alan Velasco, Bruno Zapelli, Lucas Esquivel, Lucas Beltran, Paulo Dybala, Geronimo Rulli, Juan Musso, Atalanta, Emiliano Martinez, Aston, Walter Benitez, Franco Armani, Nahuel Molina, Gonzalo Montiel, Juan Foyth, Marcos Senesi, Lisandro Martinez, Cristian Romero, Nicolas Tagliafico, Athletico, Leandro Paredes, Rodrigo De Paul, Guido Rodriguez, Facundo Buonanotte, Enzo Fernandez, Alexis Mac Allister, Exequiel Palacios, Nicolas Gonzalez, Lautaro Martinez, Angel Correa, Julian Alvarez, Alejandro Garnacho, Thiago Almada, Ramiro Sandolo, Janina Nuno Rios, Ed Omsond Organizations: Soccer Football, Estadio Monumental, REUTERS, Argentina, Ecuador, Major League Soccer's Inter Miami, Benfica, FC Dallas, Athletico Paranaense, Italy's Fiorentina, AS Roma, Ajax Amsterdam, Aston Villa, PSV Eindhoven, Atletico Madrid, Real Betis, Nottingham Forest, Villarreal, Manchester United, Tottenham Hotspur, Olympique Lyonnais, Brighton & Hove Albion, Chelsea, Bayern Leverkusen, Fiorentina, Inter, Manchester City, Inter Miami, Atlanta United, Thomson Locations: Argentina, Panama, Buenos Aires, BUENOS AIRES, Bolivia, Ecuador, Real, Nottingham, Bournemouth, Olympique, Benfica, Brighton, Liverpool, Athletico, Inter Milan, Manchester
REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsAug 30 (Reuters) - A California federal judge has refused to dismiss a lawsuit accusing X, the social media service formerly called Twitter, of disproportionately laying off older workers when Elon Musk acquired the company last year. Zeman, for example, claims X laid off 60% of workers who were 50 or older and nearly three-quarters of those who were over 60, compared with 54% of employees younger than 50. The judge dismissed a claim that X intentionally targeted older workers for layoffs, but gave Zeman a month to file an amended lawsuit fleshing out that claim. The lawsuit is one of about a dozen X is facing stemming from Musk's decision to lay off about half of Twitter's workforce beginning last November. Liss-Riordan also represents about 2,000 former Twitter employees who have filed similar legal claims against the company in arbitration.
Persons: Porte, Gonzalo Fuentes, X, Elon Musk, Susan Illston, John Zeman, Zeman, Illston, Shannon Liss, Riordan, Zeman's, Liss, Daniel Wiessner, Andrea Ricci Organizations: SpaceX, Tesla, Viva Technology, Porte de, REUTERS, Twitter, Elon, U.S, Thomson Locations: Paris, France, California, Albany , New York
France hoping tourism revenue to rise to 67 bln euros in 2023
  + stars: | 2023-08-29 | by ( ) www.reuters.com   time to read: +1 min
Chinese tourists take pictures in the Champs Elysees Avenue near the Arc de Triomphe in Paris, France, March 14, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsPARIS, Aug 29 (Reuters) - France is hoping to get up to 67 billion euros ($72.42 billion)worth of revenues from foreign tourists in 2023, beating last year's figure of 58 billion, French Tourism Minister Olivia Gregoire said on Tuesday. France is the world's most visited country for tourists, and tourism accounts for around 8% of French gross domestic product. "We have had a very good summer," Gregoire told reporters. Gregoire said that, based on current estimates, the final figures for revenues generated from foreign tourists in 2023 should come in between 64-67 billion euros.
Persons: Gonzalo Fuentes, Olivia Gregoire, Gregoire, lockdowns, Sudip Kar, Alison Williams Organizations: REUTERS, Rights, French, Aviation, Reuters, Thomson Locations: Paris, France, Europe's
REUTERS/Gonzalo Fuentes Acquire Licensing RightsWASHINGTON, Aug 28 (Reuters) - U.S. Senate Majority Leader Chuck Schumer will host tech leaders including Tesla (TSLA.O) CEO Elon Musk, Meta Platforms (META.O) CEO Mark Zuckerberg and Alphabet (GOOGL.O) CEO Sundar Pichai at an artificial intelligence forum on Sept. 13, Schumer's office said on Monday. The closed-door forum will also feature OpenAI CEO Sam Altman and Microsoft (MSFT.O) CEO Satya Nadella, according to Schumer's office, which added the forum will be bipartisan. In June, Schumer hinted that he would host a forum to "lay down a new foundation for AI policy." The risks of artificial intelligence to national security and the economy need to be addressed, U.S. President Joe Biden said in June, adding he would seek expert advice. Biden has also recently discussed the issue of AI with other world leaders, including British Prime Minister Rishi Sunak whose government will later this year hold a first global summit on artificial intelligence safety.
Persons: Elon Musk, Porte, Gonzalo Fuentes, Chuck Schumer, Mark Zuckerberg, Sundar Pichai, Sam Altman, Satya Nadella, Schumer, Joe Biden, Biden, Rishi Sunak, Richard Cowan, Kanishka Singh, Jasper Ward, Matthew Lewis, David Gregorio Our Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, REUTERS, Rights, U.S, Microsoft, Senate Democrats, Regulators, British, Thomson Locations: Paris, France, Washington
France to ban Muslim abaya dress in state schools
  + stars: | 2023-08-27 | by ( ) www.reuters.com   time to read: +1 min
Newly appointed French Education Minister Gabriel Attal arrives to attend the weekly cabinet meeting, after a government reshuffle, at the Elysee Palace in Paris, France, July 21, 2023. REUTERS/Gonzalo Fuentes Acquire Licensing RightsPARIS, Aug 27 (Reuters) - France will ban children from wearing the abaya, the loose-fitting, full-length robes worn by some Muslim women, in state-run schools, its education minister said on Sunday ahead of the back-to-school season. France, which has enforced a strict ban on religious signs in state schools since 19th century laws removed any traditional Catholic influence from public education, has struggled to update guidelines to deal with a growing Muslim minority. In 2004, it banned headscarves in schools and passed a ban on full face veils in public in 2010, angering some in its five million-strong Muslim community. "I have decided that the abaya could no longer be worn in schools," Education Minister Gabriel Attal said in an interview with TV channel TF1.
Persons: Gabriel Attal, Gonzalo Fuentes, shouldn't, Michel Rose, Giles Elgood Organizations: French Education, REUTERS, Rights, TF1, Thomson Locations: Paris, France
REUTERS/Gonzalo Fuentes/file photo Acquire Licensing RightsPARIS, Aug 25 (Reuters) - French Interior Minister Gerald Darmanin - whom President Nicolas Sarkozy said would be a good future head of state - warned on Friday of the risk that far-right politician Marine Le Pen could win the next presidential election in 2027. Le Pen lost to President Emmanuel Macron in the second round of the 2022 election, echoing an identical outcome in the 2017 vote. "The fact of the matter is that in five years' time, a victory for Madame Le Pen is quite probable," Darmanin told La Voix du Nord, in an interview published in Friday's paper. "If we let a large part of the working class and middle class go over to Marine Le Pen, the professional classes will not support us in the second round. That is what could get Marine Le Pen elected in 2027, not questions on migration," he added.
Persons: Gerald Darmanin, Gonzalo Fuentes, Nicolas Sarkozy, Darmanin, Le Pen, Emmanuel Macron, Madame Le Pen, Bruno Le Maire, Sudip Kar, Gupta, Bertrand Boucey, Ingrid Melander Organizations: Overseas, REUTERS, Rights, RTL, du, Thomson Locations: Paris, France, French
Total: 25