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Some eighty days into Emmanuel Macron’s new job, Europe’s biggest renewable energy companies are still waiting for the French president to make good on campaign pledges to boost green power. → Read More
Chancellor Angela Merkel vowed to “fight” for the European Union, showcasing a renewed Franco-German bid to unite the bloc as a campaign theme just over two months before a national election. → Read More
The nation that gave the world Bratwurst and hot dogs is cutting back on its favorite pork sausages and larding up plates with more veggie concoctions instead. → Read More
Thyssenkrupp to Cut Up to 2,500 Staff to Help Meet Profit Target → Read More
Thyssenkrupp AG will cut as many as 2,500 administrative workers to reduce costs and help Germany’s biggest steelmaker meet its profit targets. → Read More
An EON SE nuclear plant that made billions for the German utility is now losing money. → Read More
It is a mark of the transformation going on at Thyssenkrupp AG that the most profitable operation at Germany’s biggest steel company is producing elevators not metal. → Read More
Goldman Sachs Group Inc. is shifting personnel away from London as formal negotiations on the U.K.’s exit from the European Union are scheduled to begin Monday, according to the bank’s regional head, Richard Gnodde. → Read More
Britain would find the European Union had changed should the nation seek to return to the bloc, Guy Verhofstadt, a Brexit negotiator for the EU, said in an interview with Welt am Sonntag before formal exit talks begin. → Read More
Last year, investors jumped at the chance to buy into Germany’s landmark shift into renewable energy. Now they’re getting a lesson that fossil-fuel utilities still have plenty to give. → Read More
EON SE, Germany’s biggest renewables generator, plans to sell its remaining minority stake in its legacy fossil fuel and trading business as soon as possible next year. → Read More
RWE AG’s first-quarter earnings missed analyst estimates as weak power prices hurt profit from nuclear and lignite plants. → Read More
The global recovery in steel demand is making an often-beleaguered industry profitable again, but investors are still not convinced. → Read More
EON SE’s forecast for higher dividends is no guarantee of good times ahead for Germany’s biggest renewable energy producer. → Read More
The threat of Thyssenkrupp AG shedding thousands of steel jobs in Germany’s most populous state is turning into a campaign issue less than two weeks before the biggest electoral test heading into the national vote in September. → Read More
The long goodbye for coal in Europe is accelerating as the cost of shifting to green energy plunges. → Read More
German’s electricity grid regulator approved bids to build what will be the first offshore wind farms that depend entirely on market prices instead of government support and subsidy. → Read More
Germany’s Biggest Union Warns Thyssenkrupp Against Tata Steel JV → Read More
Germany is well-positioned to weather Brexit because of its global economic strength, though a new European trade relationship with the U.K. also is needed, Economy Minister Brigitte Zypries said. → Read More
EON SE posted a record annual loss caused by charges related to the spinoff of its coal and gas-fired power generation business. → Read More