• Yahoo News UK

    How many asylum seekers the UK has taken in, explained

    Rishi Sunak has vowed to cut net migration and to put a stop to small boat crossings across the Channel - but how many people are actually entering the UK?

  • Associated Press Finance

    Jeep maker Stellantis to lay off an unspecified number of factory workers in the coming months

    Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday. The statement comes as the company faces increased capital spending to make the transition from gasoline vehicles to electric autos. It also has reported declining U.S. sales in the first quarter, and it has higher costs due to a new contract agreement reached last year with the United Auto Workers union.

  • Reuters

    Exclusive-EU concerned about KKR, Telecom Italia deal impact on wholesale competition, sources say

    European Union antitrust regulators are asking rivals and customers whether proposed acquisition of Telecom Italia's (TIM) fixed-line access network by U.S. investment firm KKR could hamper Italy's wholesale market, people familiar with the matter said on Tuesday. Such regulatory worries could lead to a lengthy investigation of the deal and put pressure on KKR to offer significant remedies. KKR is buying TIM's domestic network for up to 22 billion euros ($23.5 billion) in a deal that would make the Italian telecoms group the first in a major European country to divest its landline grid.