By David Shepardson
WASHINGTON (Reuters) - Southwest Airlines CEO Bob Jordan said on Wednesday he will not resign as the air carrier faces pressure from activist investor Elliott Investment Management, with it already considering amendments to its open-seating policy and other potential changes.
"We want to understand what their ideas are, they may have great ideas," Jordan told reporters in Washington after an event. "At the end of the... (continue reading...)
ZURICH (Reuters) - Plenitude, the retail and renewable business of Italian energy company Eni, is ready to list on the Milan bourse as soon as market conditions allow it, its Chief Executive Stefano Goberti said on Wednesday.
Eni had to freeze Plenitude's initial public offering (IPO)in 2022 due to the energy crisis triggered by Russia's invasion of Ukraine.
After that, Eni engaged in talks with investors and signed a deal last December... (continue reading...)
By Osama Abu Rabee
GAZA (Reuters) - Palestinians held in Israeli detention since the start of the war in Gaza said they faced systematic ill-treatment by prison authorities whom they accused of deliberately withholding vital medical treatment.
Human rights groups and international organizations have alleged widespread abuse of inmates detained by Israel in raids in the occupied West Bank or during its military advance through in Gaza.
... (continue reading...)ATHENS (Reuters) - Dozens of firefighters were battling a blaze that broke out at a cookware factory in Athens on Wednesday, the Greek fire service said, sending thick plumes of black smoke into the air.
The cause of the fire was not immediately known and it was not clear whether there were people trapped inside.
Fourteen fire trucks and 42 firefighters were sent to the scene in the northern suburb of Kifisia, a spokesperson from the fire... (continue reading...)
(Reuters) - Caterpillar has raised its quarterly dividend by 8% and its share repurchase authorization by $20 billion, the company said on Wednesday, sending its shares up 2% in morning trading.
With the expanded authorization, the company may now repurchase up to $21.8 billion of its common stock.
The company increased its dividend to $1.41 per common share payable in August.
Caterpillar has paid higher annual dividends to... (continue reading...)
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