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Sept 30 (Reuters) – Biesse SpA: * CFO NICOLA SAUTTO TO STEP DOWN EFFECTIVE 1 OCTOBER 2025 * APPOINTS NEW CFO PIERRE LA TOUR Further company coverage: (Gdansk Newsroom)

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Sept 30 (Reuters) – * INDIA'S ADVIT JEWELS FILES FOR IPO – DRAFT PAPERS * ADVIT JEWELS IPO: FRESH ISSUE SIZE 13.8 MILLION SHARES Source text: Further company coverage: [ ] (Reuters.Briefs@thomsonreuters.com)

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Sept 30 (Reuters) – Boeing Co: * BOEING – DELIVERS SECOND VIASAT-3 SATELLITE TO VIASAT Further company coverage:

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Sept 30 (Reuters) – China Datang Corp Renewable Power Co Ltd: * IMPAIRMENT PROVISION OF RMB43.8564 MILLION FOR SUSPENDED PROJECT * IMPAIRMENT PROVISION OF RMB103.4237 MILLION FOR RECEIVABLES * ASSET IMPAIRMENT TO DECREASE 9M PROFIT BY RMB147.2801 MILLION Further company coverage:

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Sept 30 (Reuters) – Meta Corporation PCL: * APPROVED CANCELLATION OF INVESTMENT IN BIOMASS POWER PLANT PROJECTS IN JAPAN Further company coverage:

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By Giuseppe Fonte and Valentina Za ROME, Sept 30 (Reuters) – Representatives of Credit Agricole have discussed with Italian government officials in recent weeks the conditions for a possible tie-up between the French bank's Italian unit and Banco BPM, two people close to the matter said. Credit Agricole executives met with the Rome officials after the bank sought supervisory clearance in July to own up to 29.9% of Banco BPM and used derivative contracts to increase its holding to just above 20%, one of the people said. Credit Agricole reassured the government it would be ready to provide the guarantees Rome deemed necessary to allow a tie-up between Credit Agricole Italy and Banco BPM, the person said. A representative for Credit Agricole declined to comment. Since escaping a takeover attempt by UniCredit in July, Banco BPM has said its merger options include a tie-up with the Italian arm of Credit Agricole, which is its biggest shareholder, or a combination with Monte dei Paschi di Siena , in which BPM owns a small stake. Giving Credit Agricole a potential advantage, Monte dei Paschi is currently busy with an acquisition of Mediobanca which it clinched this month. Italy has special powers it can use to vet deals involving assets considered of strategic national importance, including banks. The government told the French lender that to approve a merger with Banco BPM it would require guarantees that credit continues flowing to the small businesses which are Banco BPM's core clients, the two sources said. Rome would also seek guarantees regarding Anima Holding, a fund manager Banco BPM bought earlier this year, in order to protect domestic savings, one of the people added. Economy Minister Giancarlo Giorgetti said last week that he had no "political objections" to a Banco BPM deal with Credit Agricole, but his ministry would apply the legislation designed to shield key assets – the so-called 'golden' powers – if it went ahead. (Reporting by Giuseppe Fonte in Rome and Valentina Za in Milan; editing by Gavin Jones)

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Sept 30 (Reuters) – Olympic medallist Laura Muir's ex-coach Andy Young was banned from athletics for three years on Tuesday after he was found guilty of "serious misconduct" including manipulative behaviour and actions that placed performance above athlete welfare. A UK Athletics disciplinary panel found Young guilty on nine charges, seven of them serious, which included driving at speed with an athlete in his car following a disagreement before abandoning them at the roadside and making an injured athlete race against medical advice. "There is no level of success on the track which can ever justify behaviours that fall so short of the standards required of a UKA licensed coach," UKA CEO Jack Buckner said in a statement. "This case underlines that performance and medals can never come at the expense of athlete welfare." The written findings, first issued in October 2024, concluded that Young exerted such influence on those he coached that it amounted to manipulation or bullying and his "conduct exerted pressure sufficient to vitiate the Athletes' free will." The appeal body upheld those conclusions in August this year but reduced his suspension from five years to three, backdated to April 2023. Young, 48, must also complete training on athlete welfare, medical collaboration and bullying and harassment before a return to coaching could be considered. Young, who guided Muir to Olympic silver in the 1,500 metres at the 2020 Tokyo Games, was named UK Athletics Performance Coach of the Year in 2016, saw his partnership with Muir and fellow British runner Jemma Reekie end in 2023. Muir, 32, waived her anonymity to acknowledge her involvement in the case. "I fully support the decisions reached by both independent panels and I am grateful that the process has been followed through so thoroughly," she said. "I am now focused on the future, looking forward to the next few years of my career, and putting this difficult chapter firmly behind me." (Reporting by Shifa Jahan in Bengaluru; Editing by Ken Ferris)

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(Adds details and background from paragraph 4) By William Schomberg LONDON, Sept 30 (Reuters) – Bank of England interest rate-setter Catherine Mann said on Tuesday she thought Britain's inflation rate had become persistently high – although that did not mean further interest rate cuts were completely off the table. "For those of you who might have read the August Monetary Policy Report … there was an inflation persistence scenario in that," Mann told a seminar organised by the Financial Times and S&P Global Market Intelligence. "I believe that that inflation persistence scenario is playing out," she added. In August, the BoE set out a potential scenario where a combination of weak productivity growth and fast-rising wages led to more lasting inflationary pressure than in its main forecast, which sees inflation returning to target by mid-2027. But uncertainty over the economic outlook means that further reductions in borrowing costs cannot be ruled out, she said. Mann voted with a majority of the Monetary Policy Committee members this month to keep the BoE's benchmark Bank Rate unchanged. In August she was in the minority who opposed a cut to 4%. The BoE expects inflation to hit 4% in September but it is also worried about a slowdown in economic growth. Earlier on Tuesday, BoE Deputy Governor Clare Lombardelli said central banks should be careful about assuming that inflation shocks are temporary. Another MPC member Megan Greene last week called for a cautious approach on cutting rates while Governor Andrew Bailey said he thought borrowing costs would fall but it was not clear when or by how much. On Monday, Deputy Governor Dave Ramsden said he was confident rates could be cut further. At the MPC's September meeting, Mann voted for the BoE to reduce its government bond holdings at a more gradual pace than that chosen by the majority of the committee's members. A slower pace of quantitative tightening would avoid having to sell too many medium-dated gilts and allow a more cautious approach as Britain's financial system adjusts to a less ample central bank reserves framework. "I think we're closer than other people think to a more upward sloping, steeper sloping part of the reserves demand curve," she said, adding that she disagreed with the BoE's decision this month to skew sales away from long-dated gilts. (Writing by William Schomberg Editing by David Milliken and Gareth Jones)

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(Adds Exxon Mobil) Sept 30 (Reuters) – Global energy majors and related companies plan to slash more jobs in 2025, after cutting thousands last year, as the industry navigates weaker crude oil prices and a rapid consolidation. Benchmark Brent crude futures are down about 10.5% year-to-date, impacted by increased OPEC+ output and persistent demand uncertainty tied to the U.S. trade policy. A snapshot of energy companies that have announced job cuts in 2024 and 2025: Company Description Layoff/Job % of Total Cuts Workforce Exxon Mobil The energy major told Reuters in 2,400 3% to 4% an emailed statement it will lay off 2,000 workers globally as part of a long-term restructuring plan, affecting about 3% to 4% of the company's global workforce. Last year, it announced plans to cut nearly 400 jobs in Texas following its purchase of shale producer Pioneer Natural Resources, according to a regulatory filing. Imperial Oil The Canada-based Unknown 20% company said it would cut its workforce by about 20% by the end of 2027, part of a major restructuring that would eventually shutter most of its presence in the oil-and-gas city of Calgary. Halliburton The oilfield services 290 Unknown provider has been employees cutting staff in in recent weeks, Argentina according to two sources familiar with the matter. In February, an oil and gas workers' union in Argentina's oil-rich Chubut province threatened to strike after Halliburton laid off hundreds of workers and decided to close its local office. OMV The Austrian oil, gas 2,000 8.6% and chemicals group plans to cut 2,000 of its 23,000 worldwide staff, the Kurier newspaper reported. ConocoPhillip It will cut 20-25% of Unknown 20%-25% s its workforce amid a broader restructuring program, Reuters reported, citing a company spokesperson. SLB The company is Unknown Unknown reorganizing certain functions within its business and continuing to reduce its workforce, according to a source familiar with the matter and an internal email seen by Reuters. Chevron It will lay off 15% to Unknown 15%-20% 20% of its global workforce, the U.S. oil company said in February during an internal employee town hall meeting, according to a source familiar with the matter. APA Corp It has cut nearly 300 300 nearly 15% employees globally in January and late February, the company confirmed to Reuters in May. BP British oil major BP 7,000 5% will cut over 5% of its global workforce, it said in January, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant. Petronas Malaysian state energy Unknown 10% firm Petroliam Nasional, or Petronas, will retrench about 10% of its workforce in a restructuring exercise, its chief executive said in June. Civitas It will reduce 10% of Unknown 10% Resources its workforce in a bid to enhance and streamline its organizational structure, the company said in February. Harbour It is set to cut 250 250 Unknown Energy jobs, approximately a quarter of the workforce at its UK unit based in Aberdeen, the company said in a statement in May. Equinor Last year, it had 250 Unknown announced plans to lay off some 20% or about 250 people from its renewable energy division after scaling down its offshore wind plans. Shell Last year, Shell had Unknown 20% announced plans to scale back its oil and gas exploration and development workforce by 20%, after deep cuts in renewables and low-carbon businesses. (Reporting by Sumit Saha, Pranav Mathur, Tanay Dhumal, Nerijus Adomaitis and Pooja Menon; Editing by David Gregorio, Nivedita Bhattacharjee, Sriraj Kalluvila and Krishna Chandra Eluri)

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(Adds US market performance, quote) * US stocks, European stocks in muted trade on US government shutdown risks * Oil prices fall on expected OPEC+ production increase * Gold falls from record highs, set for best month since 2020 By Dhara Ranasinghe and Koh Gui Qing NEW YORK/LONDON, Sept 30 (Reuters) – A note of caution took hold of world markets on Tuesday, with the dollar and equities slipping and gold briefly hitting new record highs on concern a U.S. government shutdown could delay key jobs data. The dollar was broadly weaker while U.S. and European stocks either traded flat or posted slim gains, as Washington braced for a fast-approaching government shutdown as Republicans and Democrats appeared unlikely to reach an agreement that would extend funding past a midnight deadline. A government closure would delay the issue of Friday's key employment numbers, putting the spotlight on the Labor Department's JOLTS report on August job openings due later on Tuesday. It could also complicate the outlook for the Federal Reserve, which cut rates earlier this month. "A full government shutdown on Oct. 1 appears increasingly likely," said Monica Guerra, head of U.S. policy at Morgan Stanley Wealth Management. "Economic data releases could be delayed, such as Friday’s nonfarm payrolls report, though mandatory government spending—such as Social Security, Medicare and Medicaid—will continue." The S&P 500 and the Dow Jones Industrial Average were flat, while the Nasdaq Composite lost 0.2%. "We are seeing a bit of concern about how the next few days play out, it seems like both sides are accepting that a shutdown is inevitable," said James Rossiter, head of global macro strategy at TD Securities in London. "The worry here is that if there is a shutdown, it could be long and if we don't get Friday's jobs report or the next CPI number, where does the Fed sit?" he said, referring to U.S. inflation data. The pan-European STOXX 600 index inched up 0.2%, while Japan's Nikkei closed down 0.25%. Muted equity performances across the board led the MSCI All-World index .MIWD00000PUS to be flat. China's blue-chip CSI300 Index also rose almost 0.5%, set for a fifth straight month of gains in its longest such streak since October 2017. Still, with U.S. stocks looking set to end September more than 3% higher and European shares up almost 1% this month, overall sentiment towards equities remained upbeat. "We've actually just decided to increase our weightings in equities further," said Shaniel Ramjee, co-head of multi-asset at Pictet Asset Management. "The earnings picture has recovered quite materially at the same time that global central banks are still cutting interest rates and global growth is fine." Australia's dollar added to gains after the central bank held policy rates unchanged, as widely expected, and oil prices fell over 1% on prospects for greater production by OPEC+, while China's manufacturing activity shrank for a sixth month in September. A STELLAR MONTH FOR GOLD Risks of a U.S. government shutdown added to gold's stunning rally. The precious metal briefly hit a new record high of $3,871.45 per ounce before trading lower on the day. Still, it has gained over 10% in September – on track for its biggest monthly percentage gain since July 2020. Without a deal, a U.S. government shutdown would begin from Wednesday, the same day new U.S. tariffs are set to take effect on heavy trucks, patented drugs and other items. The White House announced revised tariffs on furniture and cabinets late on Monday that are due to kick in on October 14. All this left the dollar on the defensive. The U.S. currency was down 0.5% at 147.80 yen, the euro was up 0.1% at $1.1742, while the Swiss franc and pound were also a touch firmer against the dollar . The dollar index was last down 0.2% on the day and set to end September little changed on the month. The yen could emerge as an outperformer as a hedge to a U.S. government shutdown, ING currency analysts said in a note. The U.S. JOLTS report is the first of several indicators expected ahead of the September employment report due Friday that is considered key to the Fed's calculations for the timing of rate cuts. A protracted government closure could leave the Fed flying blind on the economy when it meets on October 29, however. Analysts expect JOLTS to show job openings held firm at about 7.18 million in August. Data released on Tuesday showed China's purchasing managers' index rose to 49.8 in September from 49.4 in August, below the 50-mark separating growth from contraction. It suggested producers are waiting for further stimulus to boost domestic demand, as well as clarity on a U.S. trade deal. Elsewhere, the Reserve Bank of Australia left its cash rate steady at 3.60%, saying recent data suggested inflation might be higher than forecast in the third quarter and that the economic outlook remained uncertain. In Europe, data showing inflation rising in four key German states had limited market impact. Oil stayed weaker due to an anticipated production increase by OPEC+ and the resumption of oil exports from Iraq's Kurdistan region. Brent slipped 1.25% to $67.11 per barrel and U.S. crude fell 1.37 % to $62.59. (Reporting by Dhara Ranasinghe in London and Rocky Swift in Tokyo; additional reporting by Naomi Rovnick in London. Editing by Mark Potter and Nick Zieminski)

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