Reuters UK Business

(Reuters) -Goldman Sachs has made several organizational changes and appointments in its unit that focuses on financing large deals and providing loans to corporate clients, according to an internal memo seen by Reuters on Friday. The Wall Street giant created the Capital Solutions Group earlier this year, with the unit housed under its global banking …

Goldman Sachs rejigs management at recently created Capital Solutions Group, memo shows Read More »

MILAN (Reuters) -Data centres around Italy’s financial capital Milan are expected to add around two gigawatts of capacity over the next five years, a tenfold increase from current levels, the Chief Executive of energy group A2A said on Friday. The rapid expansion of data centres, needed to drive artificial intelligence, promises to boost revenues for …

Milan’s data centre capacity set to surge tenfold in five years, A2A CEO says Read More »

MOSCOW (Reuters) -Russia’s state-owned railway monopoly Russian Railways plans to reduce management jobs as the company faces lower freight volumes and a broader slowdown in the Russian economy, Interfax news agency reported on Friday, citing the company. Russia’s industrial giants — from railways and automakers to metals, coal, and cement producers — are struggling with …

Russian Railways to cut management jobs as economy slows, Interfax says Read More »

BRUSSELS (Reuters) -The European Commission has suggested Ukraine use part of an envisaged 140 billion euro ($163 billion) reparations loan funded from frozen Russian assets to buy weapons outside the EU, a commission paper sent to member states showed. The paper, seen by Reuters on Friday, outlines the possible design of the plan floated by …

Ukraine could use reparations loan to buy weapons outside Europe, document shows Read More »