Reuters UK/EU

Italy’s Salvini did not kidnap migrants, charity wanted confrontation, lawyer says

PALERMO, Italy (Reuters) – Deputy Prime Minister Matteo Salvini was defending Italian interests and should be acquitted of charges of kidnapping a boat full of migrants who were held offshore for almost three weeks in 2019, his lawyer said on Friday. Prosecutors have demanded a six-year jail term for Salvini, who heads the far-right League …

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Poland publishes civil partnership bill in boost for LGBT couples

WARSAW (Reuters) – Poland moved a step closer to legalising civil partnerships with the publication of a draft law on Friday that the minister responsible for the legislation hailed as a “historic day” in a country where gay rights have proved bitterly divisive. Donald Tusk’s pro-European coalition government swept to power in predominantly Catholic Poland …

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Analysis-Nestle CEO Freixe’s turnaround plan faces challenge from weak consumer

By Richa Naidu LONDON (Reuters) – Nestle’s plans under new CEO Laurent Freixe to restructure and sharpen its focus on its top brands were welcomed by investors, but executing a turnaround strategy against a backdrop of weak consumer demand will be a tough task. After replacing Mark Schneider as CEO last month, Freixe set out …

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Coca-Cola bottler CCEP to change UK listing category with eye on FTSE 100 inclusion

(Reuters) – Bottler Coca-Cola Europacific Partners said on Friday it plans to change its London stock listing category, in a move that would make the company potentially eligible for inclusion in the benchmark FTSE 100 index. In July, Britain’s Financial Conduct Authority (FCA) rolled out the biggest reform of UK listings rules in decades in …

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Voestalpine reorganizes automotive component business sites in Germany

By Ozan Ergenay (Reuters) -Voestalpine will reorganize its automotive component business locations in Germany, including the closure of one of the sites, to respond to falling demand and structural changes, the Austrian specialty steelmaker said on Friday. The plants in Dettingen, Schmoelln, Schwaebisch Gmuend and Boehmenkirch will form a joint production network, with each site …

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