Thyssenkrupp restructure halfway complete, expecting 2022 higher margin
Thyssenkrupp’s radical restructuring involving a string of disposals and cost cuts is about halfway complete. This is with the group on track for higher...
Management turmoil complicates Telecom Italia bid response
Telecom Italia (TIM) is looking to draw up a list of candidates to advise it on a takeover approach from U.S. group KKR. This...
Nissan unveils $18 BLN electrification push
Nissan Motor Co had announced that it will spend 2 trillion yen over five years. This is for accelerating the vehicle electrification to catch...
Energy costs added to emerging central bank’s inflation
Higher energy prices are fanning inflation in several emerging markets. This is by testing the resolve of their central banks, says the analysts. Also,...
German election leaves investors braced for more spending
The purse strings have been loosened. No matter who heads Germany’s new government, it will stay the same. That’s the verdict from investors. After Finance Minister...