Tomasz Janowski

New York

Global News Desk Editor at Reuters

Journalist

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Articles

ABB to Spin Off World's Second Biggest Robotics Business

1 week ago | gurutrade.com | John Revill |Miranda Murray |Mrigank Dhaniwala |Tomasz Janowski

Move is the biggest shake up at ABB since power grids sale ABB robotics competes with Fanuc, Kuka and Yaskawa 100% of company to be spun off to shareholders Investor AB backs move ABB Q1 earnings beat forecasts ZURICH, April 17 (Reuters) - Swiss industrial group ABB on Thursday announced plans to spin off its entire robotics division in the biggest shake up at the company since it sold its power grids business to Japan's Hitachi in 2018.
India's Government, Sugar Industry Face Off over Jute Bags

1 week ago | gurutrade.com | Aditya Kalra |Tomasz Janowski

India law sets quota for jute bags for sugar packaging Industry challenges the law, flagging risks Indian government says protecting jute industry is key NEW DELHI, April 15 (Reuters) - In India, the world's largest consumer of sugar, the federal government and producers have locked horns in court over a contentious issue: jute bags.
US transportation chief still in talks with White House on air traffic reform plan

2 weeks ago | today.westlaw.com | Mark Porter |David Shepardson |Tomasz Janowski

WASHINGTON (Reuters) -Transportation Secretary Sean Duffy said on Tuesday that he is still in talks with the White House on his plan to upgrade the aging, under-staffed U.S. air traffic control system after a series of high-profile safety incidents...
Meta can be sued in Kenya over posts related to Ethiopia violence, court rules

2 weeks ago | today.westlaw.com | Hereward Holland |Aaron Ross |Tomasz Janowski

NAIROBI (Reuters) - A Kenyan court has ruled that Facebook's parent company Meta can be sued in the East African country over its alleged role in promoting content that led to ethnic violence in neighbouring Ethiopia, a plaintiff in the case said. ...
BP chair Lund to exit 'likely' in 2026 amid Elliott campaign

2 weeks ago | today.westlaw.com | Jan Harvey |Shadia Nasralla |Tomasz Janowski |Chandini Monnappa

(Reuters) -BP Chair Helge Lund intends to step down "likely during 2026", the energy group said on Friday amid a campaign by activist hedge fund Elliott for more change at the company. Lund had backed BP's 2020 strategy under former CEO Bernard Looney...
Greek Feta Producers Fret over Exports after US Tariffs

3 weeks ago | gurutrade.com | Tomasz Janowski

KALAVRITA, Greece, April 3 (Reuters) - A small cooperative of 1,200 stock breeders producing feta, Greece's trademark white soft cheese, in the southern Peloponnese peninsula had one big target this year: a market foray in the United States. Back in 2019, the country managed to get feta exempted from U.S. tariffs imposed on European goods. But President Donald Trump's move on Wednesday to slap a 10% tariff on most goods imported to the United States has cast a shadow on their plans.
Continental says North America Light Vehicle Output Down over 'Economic Uncertainty'

3 weeks ago | gurutrade.com | Victoria Waldersee |Tomasz Janowski

BERLIN, April 1 (Reuters) - Continental AG expects production of light vehicles in North America to fall by around 7% in the first quarter, the German auto supplier said on Tuesday, citing "economic uncertainty" ahead of looming tariffs on the sector.
Exclusive-Alaska governor to brief Trump on Asia gas push as tariffs bite

3 weeks ago | today.westlaw.com | Jason Neely |Tim Kelly |Tomasz Janowski |Katya Golubkova

TOKYO (Reuters) -Alaska's governor will brief U.S. President Donald Trump's administration next week on progress in securing Asian backing for a $44 billion natural gas export project, he told Reuters, part of Washington's broader push on trade and...
China State Oil Group CNOOC's Net Profit Surges on Record Output

4 weeks ago | gurutrade.com | Tomasz Janowski |Jane Merriman

SINGAPORE, March 27 (Reuters) - CNOOC Ltd on Thursday reported a 11.4% growth in 2024 net profit on record oil and gas output despite weaker oil prices. The offshore oil and gas specialist posted a net profit of 137.9 billion yuan ($18.99 billion) in a filing to the Hong Kong Stock Exchange on Thursday. This is CNOOC's second-highest profit on record. Domestic rival Sinopec Corp's on Sunday reported net income that fell 16.8% to 50.3 billion yuan.
Volkswagen Shareholder Porsche SE says Looking to Diversify Investments

4 weeks ago | gurutrade.com | Victoria Waldersee |Rachel More |Tomasz Janowski

Porsche SE reports 20 bln euro loss on VW impairment Porsche, Piech families welcome cost cutting at VW, Porsche Porsche SE plans to expand investments Has capacity to make larger investments, board member says BERLIN, March 26 (Reuters) - Porsche SE, Volkswagen's largest shareholder, plans to expand its investments and diversify its holdings, it said on Wednesday, after reporting a 20-billion-euro ($21.57 billion) after-tax loss because of impairments on its holding of Europe's top carmaker....