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German industrial output falls more than expected in December
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Telenor Q4 core profit in line with expectations
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Snap misses revenue estimate, shares plunge 30%
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New Zealand labour pressures ease slightly, jobs market still tight
Wind power outpaced gas plants in Europe for the first time in 2023 – Ember
Date: February 7, 2024
Wind power outpaced gas plants in Europe for the first time in 2023 – Ember By Susanna Twidale LONDON (Reuters) – Wind power production outpaced gas plants in Europe for the first time last year as fossil fuel electricity generation plummeted, cutting the region’s carbon emissions, data from think-tank Ember showed. Europe is ramping up...
Germany’s KfW bank sells 50 million Deutsche Post shares
Date: February 7, 2024
Germany’s KfW bank sells 50 million Deutsche Post shares By Emma-Victoria Farr FRANKFURT (Reuters) -Germany’s state-owned KfW bank on Tuesday launched the placement of 50 million shares of its holding in Deutsche Post via an accelerated bookbuild, as the German government seeks to raise funds as agreed in its 2024 budget. The share placement is...
UBS CEO says more capital not the way to make it safer
Date: February 6, 2024
UBS CEO says more capital not the way to make it safer By Noele Illien and Stefania Spezzati ZURICH/LONDON (Reuters) – UBS CEO Sergio Ermotti said on Tuesday that authorities should not require it to hold more capital, ahead of an official review into the Swiss banking system over the failure of Credit Suisse. Ermotti,...
EU agrees path to compete in clean tech production
Date: February 6, 2024
EU agrees path to compete in clean tech production By Philip Blenkinsop BRUSSELS (Reuters) -European Union policymakers agreed new rules on Tuesday to promote local production of equipment for solar and wind power, fuel cells and other clean technologies and help Europe’s industry compete with Chinese and U.S. rivals. The bloc aims to set a...
Europe’s telcos can continue to charge for intra-EU calls until 2028
Date: February 6, 2024
Europe’s telcos can continue to charge for intra-EU calls until 2028 By Foo Yun Chee BRUSSELS (Reuters) – Deutsche Telekom, Orange, Telefonica, Telecom Italia and other operators can continue to charge users for intra-EU calls until 2028 under a provisional deal agreed by EU countries and lawmakers on Tuesday. European Union lawmakers last year proposed...
Allianz Trade in Asia Pacific appoints Regional Marketing Director
Date: February 6, 2024
Allianz Trade in Asia Pacific appoints Regional Marketing Director Carolyn Cheang to direct all marketing activities in twelve Asia Pacific locations Allianz Trade in Asia Pacific is pleased to appoint Carolyn Cheang as Regional Marketing Director with effect from 1 February 2024. Overseeing the Asia Pacific region from Singapore, she is replacing Tricia Koh who...