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AT&T sued by New York City pension funds for excluding diversity proposal​
Reuters· 2026-02-17 18:40
AT&T sued by New York City pension funds for excluding diversity proposal | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The AT&T is displayed on the facade of one of its branches in Mexico City, Mexico September 10, 2025. REUTERS/Henry Romero [Purchase Licensing Rights, opens new tab]- Companies- Summary- AT&T not available for comment- AT&T stopped public diversity disclosures in 2024, funds say- Funds say AT&T cited new SEC pol ...
Exxon committed to moving fast to develop gas in Guyana, executive says
Reuters· 2026-02-17 18:22
Core Viewpoint - Exxon Mobil is committed to rapidly developing natural gas projects in Guyana, responding to the government's push for increased gas output and supply [1] Group 1: Company Commitment and Plans - Exxon Mobil's upstream chief, Dan Ammann, emphasized the company's commitment to fast-tracking natural gas development in Guyana [1] - The Guyanese government has urged Exxon to create projects utilizing natural gas for petrochemical plants and potential data centers [1] - Last year, Exxon introduced the "Wales Gas Vision," an early-stage plan aimed at supplying gas for various onshore petrochemical and power projects, although progress has been limited since then [1] Group 2: Project Complexity and Collaboration - Ammann noted that natural gas projects are more complex than oil projects, necessitating collaboration with multiple stakeholders, including public utilities, communities, and regulators [1] - Exxon has constructed a pipeline ready to deliver gas to Guyana, awaiting the completion of power plants scheduled for this year [1] - The company is prepared to advance engineering, execution, and investment in alignment with the government's progress on permitting approvals and market frameworks [1]
Monte dei Paschi plans to take full control and delist Mediobanca
Reuters· 2026-02-17 18:17
Monte dei Paschi plans to take full control and delist Mediobanca | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]View of the entrance to the headquarters of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which is facing massive layoffs as part of a planned corporate merger, in Siena,... [Purchase Licensing Rights, opens new tab] Read moreMILAN, Feb 17 (Reuters) - Monte dei Paschi di Siena (MPS) [(BMPS.MI), opens ne ...
Czechs offer limited oil volumes to Slovakia via Druzhba reverse flow, minister says
Reuters· 2026-02-17 18:14
Core Viewpoint - The Czech Republic is offering limited oil volumes to Slovakia via the Druzhba pipeline due to halted westward flows from Ukraine following a pipeline attack, with potential for larger volumes in the future contingent on technical adjustments [1]. Group 1: Oil Supply Dynamics - The Czech Republic has ceased using Russian oil supplies through the Druzhba pipeline since last year after expanding alternative routes [1]. - A "certain small amount" of oil can be delivered to Slovakia immediately, while larger volumes would require technical adjustments discussed with Slovak Prime Minister Robert Fico [1]. - Slovakia and Hungary have continued purchasing Russian energy despite the ongoing conflict, but oil flows through Ukraine have been suspended since January 27 due to a Russian attack on the pipeline infrastructure [1]. Group 2: Regional Energy Cooperation - Slovakia and Hungary have requested Croatia to facilitate the shipment of Russian seaborne oil via its port and pipeline, which has been used to a limited extent for alternative supplies [1]. - Croatia has indicated it could increase deliveries but has specified that it should not involve Russian oil [1].
Drop in unauthorized immigration slows job growth, SF Fed paper finds
Reuters· 2026-02-17 18:03
Core Insights - The recent decline in unauthorized immigration to the U.S. has led to a slowdown in job growth, particularly in the construction and manufacturing sectors, with implications for the job market and housing affordability [1][1][1] Employment Trends - The San Francisco Federal Reserve's research indicates that local job growth has mirrored the trends in unauthorized immigration, with a significant drop in job additions in 2025, where only 181,000 jobs were added compared to 1.459 million in 2024 [1][1][1] - Areas experiencing the largest declines in unauthorized immigration also saw the most significant slowdowns in employment growth across construction, manufacturing, and other services [1][1][1] Construction Sector Impact - The construction sector is particularly affected, as the reduction in unauthorized immigrant worker flows is likely slowing residential construction and consequently hindering the growth of housing supply [1][1][1] - The Trump administration argues that reduced immigration will benefit American workers and make housing more affordable by decreasing demand [1][1][1] Future Outlook - Continued declines in unauthorized immigrant worker flows are expected to exert downward pressure on U.S. employment growth [1][1][1]
Bayer CEO says Roundup settlement is important addition to Supreme Court case
Reuters· 2026-02-17 17:10
Bayer CEO says Roundup settlement is important addition to Supreme Court case | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv] (https://www.reuters.com/differentiator/)Item 1 of 2 Bill Anderson, CEO of Bayer, speaks during The Wall Street Journal's Future of Everything Festival in New York City, U.S., May 21, 2024. REUTERS/Andrew Kelly[1/2]Bill Anderson, CEO of Bayer, speaks during The Wall Street Journal's Future of Everything Fes ...
Tripadvisor engages with Starboard as activist seeks board control, sale
Reuters· 2026-02-17 16:41
Tripadvisor engages with Starboard as activist seeks board control, sale | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Figurines are seen in front of the Tripadvisor logo in this illustration taken, February 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo [Purchase Licensing Rights, opens new tab]- Companies[Tripadvisor Inc]FollowFeb 17 (Reuters) - Tripadvisor [(TRIP.O), opens new tab] said on Tuesday its board and managemen ...
Softbank Group dissolves share stake in Nvidia, according to SEC filing
Reuters· 2026-02-17 16:09
Softbank Group dissolves share stake in Nvidia, according to SEC filing | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. REUTERS/Issei Kato/File Photo [Purchase Licensing Rights, opens new tab]PROVIDENCE, Rhode Island, Feb 17 (Reuters) - Softbank Group Corp. [(9984.T), opens new tab] disclosed that it dissolved its stake in Nvidia [(NVDA.O), opens ...
German union files defamation complaint against Tesla factory manager
Reuters· 2026-02-17 16:01
Germany's IG Metall has filed a criminal complaint against the manager of Tesla's factory near Berlin, accusing him of "spreading false allegations", the union said on Tuesday, in another sign of its ... ...
Israel's ZIM workers ramp up strike in protest over Hapag-Lloyd takeover
Reuters· 2026-02-17 15:59
Core Viewpoint - Workers at ZIM Integrated Shipping Services have escalated their strike to demand job security guarantees following Hapag-Lloyd's announcement of its intention to acquire the Israeli shipping company [1] Group 1: Company Actions - ZIM Integrated Shipping Services workers halted all work on Tuesday as part of their strike efforts [1] - The strike is a response to Hapag-Lloyd's acquisition plans, indicating concerns over job security among ZIM employees [1] Group 2: Industry Context - The acquisition of ZIM by Hapag-Lloyd reflects ongoing consolidation trends within the shipping industry [1] - The strike highlights the potential impact of mergers and acquisitions on workforce stability in the shipping sector [1]