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Argentina suspends Telecom’s purchase of Telefonica unit

Argentina suspends Telecom’s purchase of Telefonica unit

By Natalia Siniawski and Maximilian HeathBUENOS AIRES (Reuters) -Argentina’s presidential office on Friday said it issued a preventive measure to suspend Telecom (BCBA:TECO2m)’s acquisition of Telefonica (NYSE:TEF)’s local unit, claiming the pending merger could lead to excessive market concentration.Spanish telecoms giant Telefonica said in February it was selling its unit in the country ...

2025-03-23 23:39:14
Heathrow flights resume after closure causes global flight turmoil

Heathrow flights resume after closure causes global flight turmoil

By Kate Holton, Sarah Young and Andrew MacAskillLONDON (Reuters) -Flights at Britain’s Heathrow resumed late on Friday after a fire knocked out its power supply and shut Europe’s busiest airport for the day, stranding tens of thousands of passengers and causing travel turmoil worldwide. Heathrow said its teams worked tirelessly to reopen the world’s fifth-busiest airport after it was forced ...

2025-03-23 23:37:48
Law firm Paul Weiss defends deal with Trump as lawyers sound alarm

Law firm Paul Weiss defends deal with Trump as lawyers sound alarm

By Mike Scarcella, Sara Merken and Karen SloanNEW YORK (Reuters) -Powerful Wall Street law firm Paul Weiss faced heavy criticism on Friday over a deal it struck with the White House to escape an executive order imperiling its business, even as some lawyers said the firm faced few other options.Lawyers at some companies and law firms skewered Paul Weiss online for capitulating to U.S. Republican Pr ...

2025-03-23 23:36:22
Elon Musk holds unprecedented Pentagon talks, wants leakers prosecuted

Elon Musk holds unprecedented Pentagon talks, wants leakers prosecuted

By Phil Stewart, Idrees Ali and Nandita BoseWASHINGTON (Reuters) -Billionaire Elon Musk took his campaign to cut the U.S. federal government into uncharted waters on Friday, holding an unprecedented top-level meeting at the Pentagon and calling for the prosecution of any Defense Department officials leaking "maliciously false information" about his visit.Musk, whose businesses have a number of Def ...

2025-03-23 23:35:04