FRANKFURT (Reuters) – E.ON, Europe’s largest operator of energy networks, is in talks with German regulators over how soaring inflation…
Credit Suisse announces new head of product within asset management division
ZURICH (Reuters) – Credit Suisse on Wednesday named Scott Ebner as the new head of product within the bank’s asset…
Siemens Healthineers aims for $300 million in savings
By Alexander Huebner ERLANGEN, Germany (Reuters) -Siemens Healthineers will restructure its diagnostics division to save around 300 million euros ($302…
Commerzbank profit drops; shares tumble as 2024 forecasts disappoint
By Tom Sims and Marta Orosz FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday its net profit fell by 52% in…
Czech proposed power revenue cap to bring much higher revenue than expected, minister says
PRAGUE (Reuters) -A Czech proposal to impose staggered revenue caps on prices charged by electricity producers by the type of…
Italy may allow earlier retirement based on 41 years of work, says minister
ROME (Reuters) – Italy may change its pension system to allow people to retire after paying 41 years of pension…
Euro zone consumers see higher inflation ahead, ECB says
FRANKFURT (Reuters) – Inflation expectations among euro zone consumers continued to rise in September, even as economic growth and income…
Exxon isolating a unit at Britain’s Fawley refinery after incident
LONDON (Reuters) -Exxon Mobil said on Wednesday it was isolating a unit at its Fawley oil refinery in Hampshire, southern…
McDonald’s India franchisee Westlife beats Q2 profit view on strong demand
BENGALURU – Westlife Foodworld Ltd, which owns the franchise for McDonald’s Corp in west and south India, reported a bigger-than-expected…
Chinese copper companies say more mining is needed to boost supply
BEIJING (Reuters) – China’s top copper producers are urging the government to mine more of the metal, at home and…