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https://www.reuters.com/article/rbssHealthcareNews/idUSTKF10646320090710
Shionogi says scraps plan to buy Victory Pharma
Shionogi says scraps plan to buy Victory Pharma By Reuters Staff1 Min Read TOKYO, July 10 (Reuters) - Japanese drugmaker Shionogi & Co Ltd 4507.T said it has scrapped a plan to buy privately held Victory Pharma of the United States. Shionogi said in May its U.S. unit Sciele Pharma would buy Victory Pharma for $150 mill...
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https://www.reuters.com/article/rbssHealthcareNews/idUSWAR00817720090415
Polpharma unit to buy 75 mln shares in Bioton
Polpharma unit to buy 75 mln shares in Bioton By Reuters Staff1 Min Read WARSAW, April 15 (Reuters) - Medana Pharma, unit of drug maker Polpharma, agreed to buy 75 million new shares in insulin producer Bioton BOTN.WA for 15 million zlotys ($4.6 million), Bioton said in a statement on Wednesday. (Reporting by Adrian Kr...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idINLC49399020080812?edition-redirect=in
Paper maker UPM eyes consolidation options: report
Paper maker UPM eyes consolidation options: report By Reuters Staff2 Min Read HELSINKI (Reuters) - Magazine paper maker UPM-Kymmene UPM1V.HE is studying alternatives for consolidation, its chief executive was quoted as saying on Tuesday. “We are looking at alternatives, which with hard work and optimization could make ...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUKBNG45717120090428?edition-redirect=uk
UPDATE 1-Sotheby's slashes dividend, cuts jobs to manage costs
UPDATE 1-Sotheby's slashes dividend, cuts jobs to manage costs By Reuters Staff2 Min Read * Slashes div rate by 67 pct * Says to cut additional 5 pct jobs in ‘09 * Says will save about $160 mln vs ‘08 April 28 (Reuters) - Sotheby's BID.N slashed its annual dividend rate by two-thirds on Tuesday, and announced further j...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUKJAK9913620090511?edition-redirect=uk
Weather, ore limits restrain Indonesia tin output
Weather, ore limits restrain Indonesia tin output By Fitri Wulandari, Dwi Sadmoko4 Min Read (For a factbox on Indonesia’s tin industry click on [ID:nJAK439733]) JAKARTA/PANGKALPINANG, May 11 (Reuters) - Few tin smelters in Indonesia, the world’s top exporter of the metal, will be able to crank up output to exploit high...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUKMAN12333220080718?edition-redirect=uk
Manila's Berong seeks to double nickel supply to BHP
Manila's Berong seeks to double nickel supply to BHP By Reuters Staff2 Min Read MANILA, July 18 (Reuters) - The Philippines' Berong Nickel Corp is in talks to double its long-term annual supply deal with BHP Billiton BHP.AX to 1 million tonnes of laterite nickel ore beginning March, a company official said on Friday. B...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUKN2739901520080627?edition-redirect=uk
US eyes electronic-warfare sale to Pakistan
US eyes electronic-warfare sale to Pakistan By Reuters Staff1 Min Read WASHINGTON, June 27 (Reuters) - The Bush administration said on Friday it was proposing to sell Pakistan ITT Corp ITT.N electronic warfare gear valued at up to $75 million to enhance Islamabad's existing F-16 fighter aircraft fleet. Pakistan has ask...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSB15018220090824
UPDATE 1-Venture Production farms in to 3 UKCS blocks
UPDATE 1-Venture Production farms in to 3 UKCS blocks By Reuters Staff2 Min Read * Announces farm-in pact for 3 blocks in southern North Sea * To take 60 pct interest in UKCS blocks 43/9, 43/10, 44/6 (Adds details) LONDON, Aug 24 (Reuters) - Venture Production Plc VPC.L, the oil and gas company fighting off a takeover ...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSHKG1522120090122
UPDATE 1-China's December refined copper imports hit record
UPDATE 1-China's December refined copper imports hit record By Polly Yam3 Min Read (Adds comment, background) HONG KONG, Jan 22 (Reuters) - China’s imports of refined copper rose 89.4 percent on the year in December, hitting an all-time record, because of higher Chinese prices, bunched term arrivals and possible buying...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL1341800720080513
Russia's Polymetal board recommends no div for 2007
Russia's Polymetal board recommends no div for 2007 By Reuters Staff1 Min Read MOSCOW, May 13 (Reuters) - The board of Russia's top silver miner, Polymetal PMTLq.L, has recommended not paying a dividend for 2007, the company said in a statement on Tuesday. St Petersburg-based Polymetal did not pay any dividend for 2006...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL175785020080217
UPDATE 2-Germany says paid for data leading to tax swoop
UPDATE 2-Germany says paid for data leading to tax swoop By Matthias Sobolewski4 Min Read (Adds opposition politicians, paragraphs 4-5) BERLIN, Feb 17 (Reuters) - The German government paid for information that led to a sweeping probe into tax evasion and expects to reap several hundred million euros (dollars) from the...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL18848620090901
UPDATE 1-ArcelorMittal SAfrica may face fine for price fixing
UPDATE 1-ArcelorMittal SAfrica may face fine for price fixing By Reuters Staff2 Min Read * Company could be fined 10 pct of turnover and exports * Authority says ArcelorMittal fixed prices, divided market * Shares down 1.97 percent (Adds details) JOHANNESBURG, Sept 1 (Reuters) - ArcelorMittal South Africa ACLJ.J, a uni...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL2100580720080721
UPDATE 1-Spain's Gas Natural, Russian Gazprom sign LNG deal
UPDATE 1-Spain's Gas Natural, Russian Gazprom sign LNG deal By Reuters Staff2 Min Read MADRID, July 21 (Reuters) - Spain's Gas Natural GAS.MC and Russian gas export monopoly Gazprom GAZP.MM have agreed terms allowing them to trade liquefied natural gas (LNG) cargoes quickly in future, the companies said on Monday. The ...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL260481220091102
EDF cuts capacity at Belleville plant after fire
EDF cuts capacity at Belleville plant after fire By Reuters Staff1 Min Read PARIS, Nov 2 (Reuters) - EDF EDF.PA cut the production capacity of its reactor 2 at the Belleville plant in Central France to 60 percent after a fire broke out on Sunday in a non-nuclear part of the installation, the firm said on Monday. “Smoke...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL271793720080227
Russia's Severstal to build $500 mln beam mill
Russia's Severstal to build $500 mln beam mill By Reuters Staff2 Min Read MOSCOW, Feb 27 (Reuters) - Russian steel maker Severstal CHMF.MMCHMFq.L will invest $500 million in a new facility at its main plant to produce beams for Russia's fast-growing construction sector, the company said on Wednesday. The project is due...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL2778335720080227
Russian agency files $178 mln claim against Norilsk
Russian agency files $178 mln claim against Norilsk By Reuters Staff1 Min Read MOSCOW, Feb 27 (Reuters) - Russia's environment agency said on Wednesday it had filed a 4.35 billion rouble ($177.9 million) claim against mining firm Norilsk Nickel GMKN.MM for alleged pollution of rivers in Siberia. Rosprirodnadzor said in...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL2778577820080227
UPDATE 2-Norilsk hit with $178 mln Russia pollution suit
UPDATE 2-Norilsk hit with $178 mln Russia pollution suit By Robin Paxton, Anastasia Teterevleva4 Min Read (Adds Mitvol, analyst comments, background) MOSCOW, Feb 27 (Reuters) - Mining firm Norilsk Nickel GMKN.MM was named in a 4.35 billion rouble ($178 million) pollution suit filed by Russia's environment agency on Wed...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL2857594720080228
Russia TGK-13 to float 18.95 pct, plus part UES stake
Russia TGK-13 to float 18.95 pct, plus part UES stake By Reuters Staff1 Min Read MOSCOW, Feb 28 (Reuters) - Russian electricity producer TGK-13 TGKM.MM plans to float new shares in Russia and abroad, it said on Thursday, and its parent company said it could float an additional 14.25 percent of TGK-13 from its own stake...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL373281320081006
PREVIEW-EU vote weighs carbon trading riches
PREVIEW-EU vote weighs carbon trading riches By Gerard Wynn, Pete Harrison4 Min Read LONDON/BRUSSELS - European Union lawmakers are likely on Tuesday to support sweeping cuts in carbon emissions from coal plants, and tweak EU climate change proposals to ease costs for industries staring at recession. The vote on “Super...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLL61564720081121
RWE CEO says eyes more nuclear power projects-paper
RWE CEO says eyes more nuclear power projects-paper By Reuters Staff2 Min Read FRANKFURT, Nov 21 (Reuters) - German utilities group RWE AG RWEG.DE is considering investing more in nuclear power plants in eastern Europe and the Baltic states, Chief Executive Juergen Grossmann told German newspaper Financial Times Deutsc...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLM27255420090622
UPDATE 1-Solvay misses out on Dutch H1N1 vaccine contract
UPDATE 1-Solvay misses out on Dutch H1N1 vaccine contract By Reuters Staff2 Min Read * Cannot supply vaccine within required timeframe * Dutch government option still remains valid * Solvay shares down 3.8 percent (Adds spokesman’s comments, details) AMSTERDAM, June 22 (Reuters) - Belgium's Solvay SOLB.BR said on Monda...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLP54931720081225
Elbit, IAI get $141 mln Turkish Air Force deal
Elbit, IAI get $141 mln Turkish Air Force deal By Reuters Staff1 Min Read JERUSALEM, Dec 25 (Reuters) - Israel’s two largest defence contractors said on Thursday they had won a joint $141 million contract to supply the Turkish Air Force with combined airborne imagery intelligence systems. The deal was awarded to units ...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSN0642289920080606
Pentagon chief nears Air Force leader decision
Pentagon chief nears Air Force leader decision By Kristin Roberts3 Min Read WASHINGTON (Reuters) - A day after he fired the top two Air Force leaders, U.S. Defense Secretary Robert Gates is expected to pick Michael Donley, a senior Pentagon official, as Air Force secretary, a senior defense official said on Friday. The...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSN1651736120091116
US Postal Service has $3.8 bln loss in fiscal '09
US Postal Service has $3.8 bln loss in fiscal '09 By 3 Min Read * 2009 saw unprecedented mail volume decline * Agency cut $6 bln in costs, 115 mln work hours * Seeks shorter delivery week, further benefits relief * Without changes, sees 2010 loss of $7.8 billion By Jasmin Melvin WASHINGTON, Nov 16 (Reuters) - The U.S. ...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSN2451524320090324
Former US Air Force exec backs split tanker buy
Former US Air Force exec backs split tanker buy By Andrea Shalal-Esa4 Min Read WASHINGTON, March 24 (Reuters) - Former Air Force Secretary Michael Wynne on Tuesday threw his support behind a proposal to split $35 billion in orders for new refueling aircraft between Boeing Co BA.N and a team made up of Northrop Grumman ...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSN2913518420090929
HudBay says still committed to Fenix project
HudBay says still committed to Fenix project By Reuters Staff2 Min Read * 1 dead, several injured after clash with protesters * Company will develop Fenix when economics improve * HudBay shares drop 3.7 percent (In U.S. dollars, unless noted) TORONTO, Sept 29 (Reuters) - HudBay Minerals HBM.TO said on Tuesday it is com...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSPEK5647320090502
China's Shougang to open new steel mill in May - Xinhua
China's Shougang to open new steel mill in May - Xinhua By Reuters Staff1 Min Read BEIJING, May 2 (Reuters) - China’s Shougang Group will open its new steel mill on the northern Chinese coast this month that will make 4.85 million tonnes a year, the official Xinhua news agency reported on Saturday. Trial production wil...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSEO12380320090206
UPDATE 1-POSCO cuts stainless steel prices by 14 pct
UPDATE 1-POSCO cuts stainless steel prices by 14 pct By Reuters Staff2 Min Read (Adds details) SEOUL, Feb 6 (Reuters) - South Korea's POSCO 005490.KS, the world's No. 4 steelmaker, said on Friday it had cut stainless steel prices by up to 14 percent in its second price reduction in six months to reflect falling input c...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSEO9241720080812
POSCO says to cut stainless steel prices by 10 pct
POSCO says to cut stainless steel prices by 10 pct By Reuters Staff2 Min Read SEOUL, Aug 12 (Reuters) - POSCO 005490.KS, the world's No.4 steelmaker, said on Tuesday it would cut stainless steel prices by up to 10 percent, reversing two earlier price hikes this year, as prices of nickel, a key input in the alloy, slide...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSYD37173920081006
CORRECTED - CORRECTED-China urges Europe to reject BHP bid for Rio-paper
CORRECTED - CORRECTED-China urges Europe to reject BHP bid for Rio-paper By Reuters Staff2 Min Read (Corrects value of deal in lead) SYDNEY, Oct 6 (Reuters) - A senior Chinese government official urged European regulators to reject BHP Billiton Ltd/Plc's BPH.AXBLT.L $89 billion bid for Rio Tinto Ltd/PLC RIO.AXRIO.L, sa...
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https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUST27647920091025
UPDATE 1-Govt-backed body to oversee JAL turnaround-Nikkei
UPDATE 1-Govt-backed body to oversee JAL turnaround-Nikkei By Reuters Staff3 Min Read * Government to throw weight behind JAL revival - Nikkei * JAL raises planned job cuts by 44 pct to 13,000 - Kyodo * State-backed body to compile new turnaround scheme - Nikkei (Adds Kyodo report on larger job cuts) TOKYO, Oct 25 (Reu...
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https://www.reuters.com/article/rbssIntegratedOilGas/idUSL172687120080717
E.ON builds new turbines in Russia
E.ON builds new turbines in Russia By Reuters Staff2 Min Read SURGUT, Russia, July 17 (Reuters) - E.ON EONG.DE has begun construction of two 400 megawatt turbines at a power station in Russia's oil heartland which is part of its newly acquired Russian generating company, the German utility said on Thursday. The constru...
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https://www.reuters.com/article/rbssIntegratedOilGas/idUSLS57910220090828
UPDATE 3-Russia's LUKOIL beats Q2 view on trading, taxes
UPDATE 3-Russia's LUKOIL beats Q2 view on trading, taxes By 4 Min Read * Q2 profit beats f’casts on increased trading, lower taxes * Net profit falls 44 percent due to decline in oil prices * Co says “disappointed” in a major oil field’s reserves * Analysts say Q2 168 pct rise in purchasing paid off (Adds co’s vice pre...
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https://www.reuters.com/article/rbssMiningMetalsSpecialty/idUSL731285120090907
Russian tycoon Potanin wants weaker rouble-paper
Russian tycoon Potanin wants weaker rouble-paper By Reuters Staff1 Min Read MOSCOW, Sept 7 (Reuters) - The Russian rouble must weaken in the short term to help Russia’s key raw materials exporters continue to invest, Russian mining tycoon Vladimir Potanin told Vedomosti newspaper. “It is in the interests of the economy...
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https://www.reuters.com/article/rbssOilGasExplorationProduction/idUSLA78388020080716
Russia's Gazprom says may sue Balarus over gas debt
Russia's Gazprom says may sue Balarus over gas debt By Reuters Staff1 Min Read MOSCOW, July 16 (Reuters) - Russian gas export monopoly Gazprom GAZP.MM may sue Belarus over unpaid debts for gas supplies, the company said in a statement on Wednesday. The statement quoted Gazprom Deputy CEO Alexander Ananenkov as telling ...
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https://www.reuters.com/article/rbssOilGasExplorationProduction/idUSPEK20665120090909?sp=true
RPT-UPDATE 1-China's CNPC gets $30 bln loan for overseas buys
RPT-UPDATE 1-China's CNPC gets $30 bln loan for overseas buys By Jim Bai, Chen Aizhu4 Min Read * CNPC in 5-yr, $30 bln favourable loan deal with CDB * CDB behind most of $46 bln loan-for-oil deals in 2009 * New ammunition for CNPC’s overseas expansion (Repeats to fix UPDATE spelling, no other changes) (Adds analyst com...
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https://www.reuters.com/article/rbssOilGasRefiningMarketing/idUSL3037293720080630
UPDATE 1-TNK-BP CEO warns staff may have to leave Russia
UPDATE 1-TNK-BP CEO warns staff may have to leave Russia By Katya Golubkova3 Min Read (Adds details, background) MOSCOW, June 30 (Reuters) - Up to 75 foreign employees of oil company TNK-BP TNBPI.RTS may soon have to leave Russia after Moscow authorities approved only half of the work permits requested by the firm at t...
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https://www.reuters.com/article/rbssOilGasRefiningMarketing/idUSLR33773120090827
Russia anti-trust agency fines Gazprom Neft, TNK-BP
Russia anti-trust agency fines Gazprom Neft, TNK-BP By Reuters Staff1 Min Read MOSCOW, Aug 27 (Reuters) - Russia's anti-trust watchdog said on Thursday it had fined oil producers TNK-BP TNBPI.RTS and Gazprom Neft SIBN.MM a combined 8.9 billion roubles ($283.4 million) for abusing their positions on the oil products mar...
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https://www.reuters.com/article/rbssSemiconductors/idUSN1425306420091014
UPDATE 3-Acer passes Dell as global PC shipments rise
UPDATE 3-Acer passes Dell as global PC shipments rise By Gabriel Madway4 Min Read * Acer claims No. 2 spot on global list * PC market recovery continuing-IDC * HP increases market share to 20.2 pct (Leads on Acer taking number 2 spot) SAN FRANCISCO, Oct 14 (Reuters) - Taiwan's Acer Inc 2353.TW surpassed Dell Inc DELL.O...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUKL24998120090202?edition-redirect=uk
Qimonda future uncertain despite talks-German state
Qimonda future uncertain despite talks-German state By Reuters Staff3 Min Read DRESDEN, Germany, Feb 2 (Reuters) - The German state of Saxony's economics minister said a series of talks about finding investors for insolvent memory chip maker Qimonda QMNDQ.PK had taken place but the future of the company was still uncer...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUKL374814320090205?edition-redirect=uk
Vodafone signs Linux deal with U.S. firm Azingo
Vodafone signs Linux deal with U.S. firm Azingo By Tarmo Virki, European technology correspondent3 Min Read HELSINKI, Feb 5 (Reuters) - Vodafone VOD.L has picked U.S. software firm Azingo to develop Linux-based applications, the latest sign the world's largest wireless operator by sales is keeping Linux operating syste...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUKL665659420090106?edition-redirect=uk
UPDATE 3-IDB, Adelson deny partnership on Las Vegas project
UPDATE 3-IDB, Adelson deny partnership on Las Vegas project By Reuters Staff3 Min Read (Adds Sands comment) JERUSALEM, Jan 6 (Reuters) - One of the main partners in a group seeking to build a multibillion-dollar casino on the Las Vegas Strip denied on Tuesday that it was turning to billionaire Sheldon Adelson to become...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUKLK37775420081220?edition-redirect=uk
UPDATE 2-Cable breaks cut Internet in Mideast, South Asia
UPDATE 2-Cable breaks cut Internet in Mideast, South Asia By Jonathan Wright3 Min Read (Adds Indian firms’ comments on outage, suspected cause) CAIRO, Dec 20 (Reuters) - Breaks in submarine cables which link Europe and the Middle East disrupted Internet and international telephone services in parts of the Middle East a...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUKN1028911020090110?edition-redirect=uk
GlobalPost offers world news to ailing U.S. papers
GlobalPost offers world news to ailing U.S. papers By Robert MacMillan4 Min Read NEW YORK, Jan 10 (Reuters) - Overseas reporting was one of the first areas curtailed by U.S. newspapers stung by deep budget cuts in recent years. GlobalPost, an online news outlet that launches on Monday, wants to restore that coverage. W...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUKN1951943820080519?edition-redirect=uk
Yahoo-Microsoft pact could lead to merger-analysts
Yahoo-Microsoft pact could lead to merger-analysts By Reuters Staff3 Min Read NEW YORK, May 19 (Reuters) - A potential partnership deal between Microsoft Corp MSFT.O and Yahoo Inc YHOO.O the companies revealed over the weekend may prove to be a stepping stone to an outright acquisition, analysts said on Monday. UBS ana...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUKN2439838920090224?edition-redirect=uk
UPDATE 2-Microsoft tailors Windows 7 for netbooks
UPDATE 2-Microsoft tailors Windows 7 for netbooks By 5 Min Read * Full versions of Windows 7 will run on netbooks * CEO says no immediate plans for more cost cuts * Shares drop to 11-year low * Microsoft wants to team with Yahoo on search * Microsoft expects Google to offer Android for laptops (Adds comments from Ballm...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUKT8112020080623?edition-redirect=uk
UPDATE1-Softbank says to sell iPhones for Y23,040 in Japan
UPDATE1-Softbank says to sell iPhones for Y23,040 in Japan By Reuters Staff3 Min Read (Updates with more details) TOKYO, June 23 (Reuters) - Softbank Corp 9984.T, Japan's third-biggest mobile phone operator, said on Monday it would sell Apple Inc's AAPL.O iPhones starting from 23,040 yen ($214.6) in Japan. Softbank sai...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSBKK4649520080115
Thai music firm RS expects net loss in 2007
Thai music firm RS expects net loss in 2007 By Reuters Staff2 Min Read BANGKOK, Jan 15 (Reuters) - RS PCL RS.BK, Thailand's second-largest entertainment group, said on Tuesday it expected to report a net loss in 2007 after a 155 million baht profit a year earlier as cancelled shows hit earnings. A better fourth quarter...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSL2168194820080122
Online video firm Brightcove signs up Gruner+Jahr
Online video firm Brightcove signs up Gruner+Jahr By Kate Holton2 Min Read LONDON, Jan 22 (Reuters) - U.S. online video syndication firm Brightcove has signed a deal with Gruner+Jahr to provide advertising-supported video for the German publisher’s many media brands. The Bertelsmann [BERT.UL] division is Europe’s large...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSL2313523420080323
Greece willing to share management of OTE with DT
Greece willing to share management of OTE with DT By Reuters Staff2 Min Read ATHENS, March 23 (Reuters) - Greece is willing to share management of the country's largest telco group OTE OTEr.AT with Germany's Deutsche Telekom (DT) but has not settled on the form it may take, the Greek finance minister said on Sunday. De...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSL571404020080725
UPDATE 1-Mecom has unsolicited bid for Edda Media - source
UPDATE 1-Mecom has unsolicited bid for Edda Media - source By Reuters Staff3 Min Read (Adds analyst quotes; updates share price) LONDON, July 25 (Reuters) - European newspaper publisher Mecom MEC.L has received an unsolicited bid of about 375 million pounds ($744 million) for its Norwegian division, Edda Media, a sourc...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSLE15228720091014
Ericsson unit to cut purchasing costs 50% -report
Ericsson unit to cut purchasing costs 50% -report By Reuters Staff2 Min Read STOCKHOLM, Oct 14 (Reuters) - Telecom equipment maker Ericsson's ERICb.ST Networks division will slash purchasing costs by 50 percent in the next five years to keep up with competition from China, a Swedish paper reported on Wednesday. Ny Tekn...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSLJ5745620091119
Vodafone CEO says needs solution for U.S. JV
Vodafone CEO says needs solution for U.S. JV By Reuters Staff1 Min Read BARCELONA, Nov 19 (Reuters) - Vodafone VOD.L, the world's largest mobile operator, said one of the most important issues on its agenda was to resolve differences with U.S. mobile operator Verizon VZ.N over dividends from their joint venture. “We ne...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSLK62186520091120
UPDATE 1-Nokia cuts 330 R&D jobs as focuses on fewer models
UPDATE 1-Nokia cuts 330 R&D jobs as focuses on fewer models By Reuters Staff1 Min Read * Cutting 2 percent of R&D staff * 230 jobs to go in Oulu, Finland; 100 jobs in Copenhagen HELSINKI, Nov 20 (Reuters) - Nokia NOK1V.HE is to cut 330 research and development jobs in Finland and Denmark as it focuses on launching fewe...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSLQ64592720090626
UPDATE 1-Apple ups stake in UK's Imagination Tech to 9.5 pct
UPDATE 1-Apple ups stake in UK's Imagination Tech to 9.5 pct By Reuters Staff2 Min Read * Apple subscribes for 2.2 mln shares at 143 pence/shr * Buys further 11.52 mln shares at undisclosed price * Imagination Tech shares up 3 pct (Adds detail on new subscription, background, shares) LONDON, June 26 (Reuters) - UK chip...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSLT89248520090429
Portugal Telecom launches free digital TV service
Portugal Telecom launches free digital TV service By Reuters Staff2 Min Read LISBON, April 29 (Reuters) - Portugal Telecom <PTC.LS) on Wednesday launched a free-of-charge digital terrestrial television service (DTT) covering 40 percent of the population and is analysing a paid DTT service, CEO Zeinal Bava said. Besides...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSN1649139220091116
UPDATE 2-Sprint shares up on analyst upgrade, to repay debt
UPDATE 2-Sprint shares up on analyst upgrade, to repay debt By Reuters Staff3 Min Read * Credit Suisse upgrades stock, sees Q4 subs break-even * Analysts see subscriber numbers turning point * Pays back $1 bln on loan from $4.5 bln facility * Sprint shares rise 11 pct to $3.44 (Recasts headline and first paragraph, add...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSN1729172220090317
Hoya to cut Japan digital camera workforce-Nikkei
Hoya to cut Japan digital camera workforce-Nikkei By 2 Min Read NEW YORK, March 17 - Hoya Corp 7741.T plans to cut the Japanese workforce in its digital camera operations to less than 400 employees from about 800 currently, the financial daily Nikkei said in its Wednesday edition. Nikkei said most of the Japanese job c...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSN1810432820091118
U.S., German unions join forces on T-Mobile USA
U.S., German unions join forces on T-Mobile USA By Reuters Staff0 Min Read * CWA, Ver.di form new 'TUnion' for T-Mobile USA workers * Ver.di to represent US workers, CWA to top Telekom execs * CWA plans expanded push for dialogue with T-Mobile USA WASHINGTON, Nov 18 (Reuters) - U.S. and German union leaders on Wednesda...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSN2336194020090423
UPDATE 2-SunPower posts unexpected loss, cuts outlook
UPDATE 2-SunPower posts unexpected loss, cuts outlook By Nichola Groom3 Min Read * SunPower posts quarterly loss of 6 cents per share * 2009 EPS and revenue outlook cut * Stock rises 1.2 percent in extended trade (Adds analyst comment, outlook, updates share activity) LOS ANGELES, April 23 (Reuters) - U.S. solar compan...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSN2642808520080326
UPDATE 4-Motorola to split into two companies in 2009
UPDATE 4-Motorola to split into two companies in 2009 By Sinead Carew5 Min Read (Adds Icahn and analyst comments, background) NEW YORK, March 26 (Reuters) - Motorola Inc MOT.N said on Wednesday it would split into two publicly traded entities in 2009, indicating that it had no quick fix in sight for its money-losing ha...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSN2833749320090528
UPDATE 4-Verizon to sell Palm Pre, new BlackBerry phones
UPDATE 4-Verizon to sell Palm Pre, new BlackBerry phones By Sinead Carew, Franklin Paul5 Min Read * To sell Pre, new BlackBerry Storm, Motorola phones * Verizon to have Android phones on its network * Palm shares up 8.8 pct, RIM up 3.9 pct (Adds Palm comment on Twitter universal search, bylines) NEW YORK, May 28 (Reute...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSN2938183020080929
Sprint launches its first WiMax market
Sprint launches its first WiMax market By Reuters Staff2 Min Read NEW YORK, Sept 29 (Reuters) - Sprint Nextel Corp S.N announced a one-market launch of Xohm, its next generation high-speed wireless data service based on WiMax, with pay-per-day options as well as monthly service fees. The Monday launch in Baltimore, Mar...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSN3042467020090330
US cos expect fewer worker visas amid downturn
US cos expect fewer worker visas amid downturn By Kim Dixon4 Min Read WASHINGTON, March 30 (Reuters) - The annual flood of applications for visas for highly skilled workers is expected to ease this year, though companies say they will still push to eliminate a cap on the number awarded by the government. Immigration of...
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https://www.reuters.com/article/rbssTechMediaTelecomNews/idUSSHA14490820090803
UPDATE 1-Alibaba seeks to form JV firm in India-CEO
UPDATE 1-Alibaba seeks to form JV firm in India-CEO By Reuters Staff2 Min Read * Alibaba says in talks with Infomedia 18 about joint venture * Aims to offer 6 billion yuan in loans to SMEs by end 2009 SHANGHAI, Aug 3 (Reuters) - Alibaba.com 1688.HK, China's top e-commerce company, is considering setting up a joint vent...
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https://www.reuters.com/article/rcl-foods-results-idUKL8N1VI2JC
South Africa's RCL Foods annual profits rise 50 percent
South Africa's RCL Foods annual profits rise 50 percent By Reuters Staff1 Min Read JOHANNESBURG, Aug 28 (Reuters) - South African poultry producer RCL Foods full-year profits rose 50 percent buoyed by improved performance of several units, including the chicken, pet food and pies categories and lower interest costs, th...
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https://www.reuters.com/article/rcom-debt-stocks/update-1-india-rcoms-shares-jump-again-on-debt-plan-but-unclear-if-all-creditors-on-board-idUSL4N1OR227
UPDATE 1-India RCom's shares jump again on debt plan but unclear if all creditors on board
UPDATE 1-India RCom's shares jump again on debt plan but unclear if all creditors on board By Promit Mukherjee, Tanvi Mehta4 Min Read * Shares soar nearly 70 pct in 2 days after RCom unveils debt plan * Bonds in muted gains on Wednesday * RCom says it’s in the process of reaching out to creditors (Recasts with response...
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https://www.reuters.com/article/rcom-debt/update-2-indias-rcom-says-offers-made-for-some-assets-under-debt-reduction-plan-idUSL4N1OQ2HF
UPDATE 2-India's RCom says offers made for some assets under debt reduction plan
UPDATE 2-India's RCom says offers made for some assets under debt reduction plan By Promit Mukherjee4 Min Read * Telecom firm says plan will involve no write-offs * Says will leave it with debt below 60 bln rupees * Shares jump nearly 40 percent (Adds details and comments from press conference) MUMBAI, Dec 26 (Reuters)...
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https://www.reuters.com/article/RCOMUS_Energy/idUSKBN2AN1F5
BofA hikes 2021 Brent price view by $10/bbl on strong oil balances
BofA hikes 2021 Brent price view by $10/bbl on strong oil balances By Reuters Staff2 Min Read FILE PHOTO: An oil worker walks toward a drill rig after placing ground monitoring equipment in the vicinity of the underground horizontal drill in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant/File Phot...
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https://www.reuters.com/article/RCOMUS_Energy/idUSKBN2AN1LJ
Gas to Gaza? The pipeline that might provide a lifeline
Gas to Gaza? The pipeline that might provide a lifeline By Ari Rabinovitch, Nidal al-Mughrabi6 Min Read JERUSALEM (Reuters) - Talks on a gas pipeline that would cross political faultlines and deliver reliable energy to the impoverished Gaza Strip have moved from the abstract to the concrete in recent weeks, three offic...
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https://www.reuters.com/article/RCOMUS_Energy/idUSKBN2AN1Y7
Exclusive: 'Perfect trips' - Venezuela ships jet fuel to Iran in exchange for gasoline, sources say
Exclusive: 'Perfect trips' - Venezuela ships jet fuel to Iran in exchange for gasoline, sources say By Deisy Buitrago, Marianna Parraga5 Min Read CARACAS/MEXICO CITY (Reuters) - Venezuela is shipping jet fuel to Iran in return for vital gasoline imports for the South American nation as part of a swap deal agreed by the...
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https://www.reuters.com/article/RCOMUS_Energy/idUSKBN2AN2AN
Texas electric company hit with class action over surging prices
Texas electric company hit with class action over surging prices By Reuters Staff2 Min Read (Reuters) - A Texas power provider that dramatically jacked up electricity prices during the recent blackouts and plunging temperatures was hit with a $1 billion class action lawsuit accusing it of cashing in on a natural disast...
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https://www.reuters.com/article/RCOMUS_Energy/idUSKBN2AN2EU
Pioneer Natural Resources beats on fourth-quarter profit
Pioneer Natural Resources beats on fourth-quarter profit By Reuters Staff2 Min Read (Reuters) - U.S. shale producer Pioneer Natural Resources on Tuesday reported a better-than-expected gain of $177 million for the fourth quarter as crude oil prices recovered from pandemic-driven lows. The recent winter storm in Texas w...
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https://www.reuters.com/article/RCOMUS_Energy/idUSKBN2AN2F3
Top executives of Texas electric grid resign after storm failure
Top executives of Texas electric grid resign after storm failure By Reuters Staff3 Min Read HOUSTON (Reuters) - Top directors of Texas’s electric grid operator, who faced sharp criticism from a massive failure of the state power system that left millions last week without light, heat, and water, resigned on Tuesday. Th...
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https://www.reuters.com/article/realEstateRestaurantsHotels/idUKLI58483020081217?edition-redirect=uk
Egyptian court says no to gas exports to Israel
Egyptian court says no to gas exports to Israel By Jonathan Wright3 Min Read CAIRO (Reuters) - A Cairo court on Tuesday overruled the Egyptian government’s decision to allow exports of natural gas to Israel and said the constitution gave parliament the right to decide on sales of natural resources. A senior Egyptian of...
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https://www.reuters.com/article/red-hat-results-idINKBN1H22S9
Linux distributor Red Hat reports 23 percent rise in quarterly revenue
Linux distributor Red Hat reports 23 percent rise in quarterly revenue By Reuters Staff1 Min Read (Reuters) - Red Hat Inc RHT.N reported a 23 percent rise in quarterly revenue as the Linux operating system distributor benefited from robust demand for its hybrid cloud products. Hybrid cloud services let customers run ke...
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https://www.reuters.com/article/redhill-biopharm-fda-idUKL3N27K22M?edition-redirect=uk
U.S. FDA approves RedHill's H. pylori infection treatment
U.S. FDA approves RedHill's H. pylori infection treatment By Reuters Staff1 Min Read Nov 4 (Reuters) - The U.S. Food and Drug Administration has approved RedHill Biopharma Ltd’s drug to treat infections caused by bacteria known as Helicobacter pylori, the Israel-based company said on Monday. RedHill expects to launch t...
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https://www.reuters.com/article/refinery-layoffs-marathon-galvestonbay/update-2-marathon-petroleum-top-u-s-refiner-begins-widespread-job-cuts-idUSL1N2GQ1PA
Marathon Petroleum, top U.S. refiner, begins widespread job cuts
Marathon Petroleum, top U.S. refiner, begins widespread job cuts By Erwin Seba3 Min Read HOUSTON (Reuters) - Marathon Petroleum Corp MPC.N, the largest U.S. oil refiner, began cutting jobs on Tuesday across the company, according to people familiar with the matter, as the COVID-19 pandemic sapped demand for motor fuels...
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https://www.reuters.com/article/refinery-operations-motiva-portarthur/motiva-may-shut-largest-us-refinery-during-storms-marco-laura-sources-idUKL1N2FQ0ED?edition-redirect=uk
Motiva may shut largest U.S. refinery during storms Marco, Laura -sources
Motiva may shut largest U.S. refinery during storms Marco, Laura -sources By Reuters Staff1 Min Read HOUSTON, Aug 24 (Reuters) - Motiva Enterprises may shut the largest crude oil refinery in the United States for the passage of Hurricane Marco and Tropical Storm Laura later this week, said sources familiar with plant o...
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https://www.reuters.com/article/refinery-operations-shell-convent/update-1-shell-says-it-completes-permanent-shutdown-of-convent-louisiana-refinery-idINL1N2IU1LT
UPDATE 1-Shell says it completes permanent shutdown of Convent, Louisiana, refinery
UPDATE 1-Shell says it completes permanent shutdown of Convent, Louisiana, refinery By Erwin Seba2 Min Read (Adds details background) HOUSTON, Dec 14 (Reuters) - Royal Dutch Shell Plc completed the permanent shutdown of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery over the weekend, a company spokesman ...
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https://www.reuters.com/article/refinery-operations-shell-deerpark/update-1-shell-stops-leak-at-deer-park-texas-fcc-preparing-unit-for-repair-sources-idUSL2N2ES2DI
UPDATE 1-Shell stops leak at Deer Park, Texas FCC, preparing unit for repair -sources
UPDATE 1-Shell stops leak at Deer Park, Texas FCC, preparing unit for repair -sources By Reuters Staff2 Min Read (Adds Shell statement, background on unit, refinery) HOUSTON, July 21 (Reuters) - Royal Dutch Shell Plc stopped a leak on Tuesday in the shut gasoline-producing fluidic catalytic cracker (FCC) at its 318,000...
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https://www.reuters.com/article/refinery-operations-texas-idUSL1N2KS1X0
Texas refineries slowly restart after last week's deep freeze
Texas refineries slowly restart after last week's deep freeze By Reuters Staff3 Min Read (Reuters) - Refineries along the Texas Gulf Coast began rapidly restarting following last week’s winter storm that shut down the state’s fuel processing and petrochemical industries with the lowest freezing temperatures in a genera...
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https://www.reuters.com/article/refinery-startup-limetree-bay/exclusive-caribbean-refinery-sells-first-product-after-yearlong-delay-idUSL1N2IK1JQ
Exclusive-Caribbean refinery sells first product after yearlong delay
Exclusive-Caribbean refinery sells first product after yearlong delay By Laura Sanicola2 Min Read (Reuters) - Caribbean refinery Limetree Bay Ventures sold the first oil product to a buyer in the Gulf Coast on Monday, according to a shipbroking source and Refintiv Eikon data, nearly a year after the long-shuttered faci...
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https://www.reuters.com/article/refinitiv-ma-lse-eu-idCAL1N2DZ0OS
EU regulators to investigate LSE's $27 bln bid for Refinitiv
EU regulators to investigate LSE's $27 bln bid for Refinitiv By Reuters Staff1 Min Read BRUSSELS, June 22 (Reuters) - EU antitrust regulators opened on Monday a four-month long investigation into the London Stock Exchange’s $27 billion bid for data and analytics company Refinitiv, saying the deal may hurt competition i...
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https://www.reuters.com/article/reliance-agm-idUSI8N19N00U
India's Reliance Industries chair says to slash telecom prices
India's Reliance Industries chair says to slash telecom prices By Reuters Staff1 Min Read MUMBAI, Sept 1 (Reuters) - India’s Reliance Industries Chairman Mukesh Ambani laid out his plans to unveil a 4G mobile network in the country, including making all domestic voice calls and roaming free, while saying data would be ...
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https://www.reuters.com/article/reliance-restructuring/indias-reliance-sees-oil-to-chemicals-business-spin-off-in-september-quarter-idUSKBN2AM2F5
India's Reliance sees oil-to-chemicals business spin off in September quarter
India's Reliance sees oil-to-chemicals business spin off in September quarter By Reuters Staff2 Min Read FILE PHOTO: The logo of Reliance Industries is pictured in a stall at the Vibrant Gujarat Global Trade Show at Gandhinagar, India, January 17, 2019. REUTERS/Amit Dave (Reuters) - India’s Reliance Industries Ltd expe...
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https://www.reuters.com/article/reliance-results-idINKCN0UX1CG?edition-redirect=in
RIL expects to maintain higher refining margins, eyes crude from Iran
RIL expects to maintain higher refining margins, eyes crude from Iran By Promit Mukherjee, Devidutta Tripathy4 Min Read MUMBAI (Reuters) - Reliance IndustriesRELI.NS expects to maintain high margins for its main oil refining business after strong demand pushed it to a seven-year high and helped it post a better-than-ex...
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https://www.reuters.com/article/reliance-results/reliance-beats-profit-estimates-as-cost-controls-blunt-oil-hit-idINKBN29R1R9
Reliance beats profit estimates as cost controls blunt oil hit
Reliance beats profit estimates as cost controls blunt oil hit By Sachin Ravikumar3 Min Read BENGALURU (Reuters) - Reliance Industries Ltd’s profit jumped in the final quarter of 2020 as it reined in spending, although the Indian conglomerate recorded a sharp fall in revenue from its dominant oil-to-chemicals business....
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https://www.reuters.com/article/reliance-telecoms-jio-idINKCN11611V?edition-redirect=in
From big oil to big data: inside Mukesh Ambani's $20 billion start-up
From big oil to big data: inside Mukesh Ambani's $20 billion start-up By Promit Mukherjee6 Min Read MUMBAI (Reuters) - At the vast open-plan headquarters of Indian telecoms start-up Jio, billionaire oil tycoon Mukesh Ambani stands in short sleeves beneath a digital tracker that logs every new subscriber to his service....
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https://www.reuters.com/article/religion-arbaeen-iraq-idUSL8N1DM20Q
Tight security for annual Shi'ite pilgrimage in Iraq's Kerbala
Tight security for annual Shi'ite pilgrimage in Iraq's Kerbala By Reuters Staff1 Min Read KERBALA, Iraq, Nov 21 (Reuters) - Hundreds of thousands of Shi’ite Muslims gathered in Iraq’s holy city of Kerbala on Monday for the annual pilgrimage of Arbaeen, which marks the end of a 40-day mourning period for the grandson of...
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https://www.reuters.com/article/religion-epiphany-bulgaria-idINKBN29B1Q0?edition-redirect=in
Bulgarians dance in cold waters to celebrate Epiphany, defying COVID curbs
Bulgarians dance in cold waters to celebrate Epiphany, defying COVID curbs By Reuters Staff2 Min Read SOFIA (Reuters) - Dozens of Bulgarian men danced and sang in the cold waters of the Tundzha river in the central Bulgarian town of Kalofer to mark the Christian holiday of Epiphany on Wednesday, ignoring curbs imposed ...
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https://www.reuters.com/article/relx-results-idUKL3N2EU1AG
Relx half-year sales fall 10% as virus hits events arm
Relx half-year sales fall 10% as virus hits events arm By Reuters Staff1 Min Read July 23 (Reuters) - Relx said on Thursday its revenue fell 10% in the first half of 2020 as the coronavirus pandemic forced countries to halt public events and gatherings, hitting the European information group’s exhibitions arm. Revenue ...
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https://www.reuters.com/article/renault-ceo-idUKP6N291004
Renault chairman says "no stress" to appoint new CEO
Renault chairman says "no stress" to appoint new CEO By Reuters Staff1 Min Read PARIS, Jan 16 (Reuters) - Renault chairman Jean-Dominique Senard said on Thursday there was “no stress” to appoint a new chief executive at the helm of the French carmaker, adding current interim arrangements were working well. Senard prais...
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https://www.reuters.com/article/renault-nissan-alliance-idINL8N29I6CW
Renault chairman says alliance with Nissan 'robust' -L'Echo
Renault chairman says alliance with Nissan 'robust' -L'Echo By Reuters Staff1 Min Read PARIS, Jan 13 (Reuters) - The alliance between the French carmaker Renault and its Japanese partner Nissan Motor is “solid, robust, everything but dead,” the chairman of Renault, Jean-Philippe Senard, told Belgian newspaper L’Echo. R...
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https://www.reuters.com/article/renault-nissan-ghosn-lebanon-idUKL8N2960ES
Ghosn met Lebanese president after fleeing Japan-sources
Ghosn met Lebanese president after fleeing Japan-sources By Samia Nakhoul, Laila Bassam5 Min Read * Escape plan evolved over three months-sources close to Ghosn * Former Nissan chairman said to be in combative mood * Wife calls reports he hid in musical instrument case “fiction” BEIRUT, Jan 1 (Reuters) - Fugitive forme...
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https://www.reuters.com/article/renault-nissan-ghosn-lebanon/factbox-carlos-ghosn-joins-list-of-execs-fighting-extradition-idINKBN1YZ17S
Factbox: Carlos Ghosn joins list of execs fighting extradition
Factbox: Carlos Ghosn joins list of execs fighting extradition By Tina Bellon5 Min Read (Reuters) - Ousted Nissan boss Carlos Ghosn said on Tuesday he had fled to Lebanon to escape a “rigged” justice system in Japan, where he believed he would not get a fair trial. FILE PHOTO: Former Nissan Motor Co. Chairman Carlos Gh...
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https://www.reuters.com/article/renault-nissan-idINKBN1ZF0SR
Renault, Nissan share 'real desire' to make alliance work - chairman
Renault, Nissan share 'real desire' to make alliance work - chairman By Sarah White, Gilles Guillaume4 Min Read PARIS (Reuters) - Renault Chairman Jean-Dominique Senard said on Thursday there was a “real desire” within the top ranks of both companies for its alliance with Nissan to succeed, dismissing suggestions the p...
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https://www.reuters.com/article/renault-results/update-1-renault-sees-signs-of-turnaround-after-record-97-bln-loss-idUSL1N2KP0AV
Battling Covid collateral damage, Renault says 2021 will be volatile
Battling Covid collateral damage, Renault says 2021 will be volatile By Gilles Guillaume4 Min Read PARIS (Reuters) - Renault said on Friday it is still fighting the lingering effects of the COVID-19 pandemic, including a shortage of semiconductor chips, that could make for another rough year for the French carmaker. Re...
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https://www.reuters.com/article/renault-strategy/renault-nissan-mitsubishi-to-appoint-general-secretary-for-alliance-idINP6N27F02W?edition-redirect=in
Renault-Nissan-Mitsubishi to appoint General Secretary for alliance
Renault-Nissan-Mitsubishi to appoint General Secretary for alliance By Reuters Staff1 Min Read PARIS, Nov 29 (Reuters) - Renault-Nissan-Mitsubishi said on Friday that in coming days it planned to appoint a General Secretary for the alliance in a bid to boost operational efficiency. “This Alliance executive will be key ...
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https://www.reuters.com/article/renault-strategy/update-4-new-renault-boss-plans-leaner-electric-future-idUSL1N2JP0FI
New Renault boss plans leaner, electric future
New Renault boss plans leaner, electric future By Gilles Guillaume, Sarah White5 Min Read PARIS (Reuters) - French carmaker Renault pledged to slim down and focus more on technology as its new CEO laid out plans to revive a business hammered by management turmoil and the COVID-19 crisis. In a departure from the world-c...