By Emma-Victoria Farr FRANKFURT (Reuters) -German energy company Uniper has appointed Jutta Doenges as its new chief financial officer, it said on Friday. Doenges will join the management board of the nationalised energy company, leaving its supervisory board – which she only joined in December – at the end of February. The former Goldman Sachs …
By Blake Brittain (Reuters) – A U.S. appeals court on Friday affirmed a decision to throw out a $308.5 million jury verdict against Apple Inc for allegedly infringing a patent related to digital rights management. The U.S. Court of Appeals for the Federal Circuit in Washington, D.C., upheld an East Texas federal judge’s ruling that …
Apple wins appeal to keep $308 million U.S. patent verdict at bay Read More »
By Giuseppe Fonte and Francesca Landini ROME (Reuters) -The chief executive of Italy’s Eni Claudio Descalzi is on course to secure Prime Minister Giorgia Meloni’s backing for an unprecedented fourth term at the top energy group, sources told Reuters. Another three years in office would make Descalzi, who has held the job since 2014, the …
Italy’s Descalzi set for record fourth term as Eni CEO, sources say Read More »
By Johann M Cherian and Shashwat Chauhan (Reuters) – The UK’s main stock indexes rose on Friday but marked their first weekly losses of the year on growing worries about a recession and major central banks staying the course despite signs of a moderation in inflation. The FTSE 100 closed 0.3% higher, while the more …
London stocks post first weekly decline of the year Read More »
By Christoph Steitz and Inti Landauro FRANKFURT/MADRID (Reuters) -Siemens Energy has slashed its 2023 profit outlook after faulty components at the wind turbine fleet of its Siemens Gamesa business raised warranty and maintenance costs, marking the latest setback in their troubled relationship. Problems have occurred in a broad mix of components, affecting a variety of …
Siemens Energy cuts profit outlook on persisting wind turbine woes Read More »
By William Schomberg LONDON (Reuters) – Inflation-pinched British consumers cut their shopping by the most in the key month of December in at least 25 years, official data showed on Friday, dashing hopes for a Christmas boost for the country’s flagging retail sector. Sales volumes were down by 5.8% compared with December 2021, the biggest …
UK shoppers cut back on spending as inflation takes its toll Read More »
LONDON (Reuters) -The British government must come up with a long term growth strategy, John Allan, the chairman of Britain’s biggest retailer Tesco , said on Friday. “What we’d love to see from government is a really serious, thought through, long term growth plan,” he said. “Long term growth is the only way in which …
Britain needs a growth plan, says Tesco chairman Read More »
BERLIN (Reuters) – Travel giant TUI reported on Friday a boost in demand for luxury holidays, driving sales for the winter 2022/23 period higher than they had been in the corresponding 2018/19 period, before the COVID-19 pandemic hit international travel. “Demand is currently particularly strong,” said Steffen Boehnke, director of airtours, TUI’s luxury travel segment, …
ZURICH (Reuters) – Fighting inflation and ensuring price stability is “absolutely essential” Swiss National Bank Chairman Thomas Jordan told a panel at the World Economic Forum in Davos. Price stability, which the SNB defines as prices rising by 0-2%, was still important, Jordan said, with monetary policy around the world in previous years probably being …
Swiss National Bank chairman says focus on price stability “absolutely essential” Read More »
(Reuters) – The Danish government said on Friday it has appointed European Investment Bank Vice President Christian Kettel Thomsen as central bank governor, succeeding Lars Rohde who announced last year he would retire after 10 years at the helm. Kettel Thomsen is taking on the job from Feb. 1. Denmark has had a fixed-exchange rate …
EIB vice-president Kettel Thomsen appointed Danish central bank chief Read More »
