E.ON AG
E.ON back in black in 2012
Mar 13, 2013 03:47 EDT
E.ON, Germany's biggest power supplier, said on Wednesday it returned to profit in 2012, when it booked net profit of 2.217 billion euros ($2.9 billion) compared with a loss of 2.219 billion euros a year earlier.
ThyssenKrupp supervisory board chief quits
Mar 08, 2013 08:49 EST
ThyssenKrupp said Friday its supervisory board chief Gerhard Cromme, under fire for his handling of a series of scandals that has rocked the heavy industry giant, is stepping down.
Centrica makes U-turn on UK nuclear plant plan
Feb 04, 2013 09:51 EST
British energy company Centrica on Monday said it was pulling out of a joint-venture deal to build up to four nuclear power stations in Britain, citing the project's rising costs.
German power group E.ON unions suspend pay strike
Feb 02, 2013 12:06 EST
The two main unions at Germany's biggest power supplier E.ON announced on Saturday they would suspend strike action planned for next week and instead return to the negotiating table.
European stocks fall as US economy contracts
Jan 30, 2013 12:49 EST
European stock markets slid and the euro gained on Wednesday on news the US economy unexpectedly contracted in the fourth quarter last year and on bright eurozone confidence data.
E.ON sells stake in east German subsidiary
Jan 02, 2013 11:05 EST
E.ON, Germany's biggest power supplier, said Wednesday it has agreed to sell a 43-percent stake in its regional subsidiary E.ON Thueringer Energie in a deal worth 900 million euros ($1.2 billion).
British firm to build 'Africa's biggest solar plant'
Dec 04, 2012 11:54 EST
British renewable energy firm Blue Energy announced Tuesday that it will build a giant solar power plant in Ghana which it claimed will become the biggest in Africa.
German energy giant RWE raises full year target
Nov 14, 2012 07:45 EST
RWE, Germany's second biggest power supplier, said Wednesday it was more confident about this year's earnings after posting solid profits in the third quarter despite a tricky economic environment.
European stocks rise on better Greek news
Nov 13, 2012 11:58 EST
European stocks closed mostly higher on Tuesday on better news for Greece, which managed to raise funds to avert a messy default this week, traders said.
European stocks slide as Germany worries markets
Nov 13, 2012 09:10 EST
European stocks retreated and the euro hit a two-month low point versus the dollar Tuesday on fresh eurozone concerns as Germany reported falling investor confidence and Vodafone announced sharp losses.
Japan's Hitachi to buy UK nuclear firm Horizon
Oct 30, 2012 09:40 EDT
Japan's Hitachi said Tuesday it would buy British atomic power venture Horizon to expand its nuclear business overseas, as Japanese remain wary about atomic power after the Fukushima disaster.
Japan's Hitachi to buy Britain's nuclear Horizon
Oct 30, 2012 05:52 EDT
Japanese high-tech firm Hitachi said Tuesday it will buy British atomic power generation company Horizon to expand its nuclear business overseas, with wariness over the technology in Japan still high.
Hitachi 'to buy UK nuke venture for $628 mn'
Oct 27, 2012 06:12 EDT
Japanese engineering giant Hitachi is set to buy Horizon, a joint venture planning to build nuclear reactors in Britain, in a deal valued at 50 billion yen ($628 million), reports said Saturday.
RWE back in the black in second quarter
Aug 14, 2012 03:12 EDT
RWE, Germany's second biggest power supplier, said Tuesday it was back in profit in the second quarter, but it would cut 2,400 jobs to boost its competitiveness.
E.ON profits treble in first half
Aug 13, 2012 06:56 EDT
E.ON, Germany's biggest power supplier, on Monday confirmed its full-year forecasts after net profit more than trebled in the first six months owing to a gas price deal with Russia's Gazprom.
France's Areva to bid for UK atomic plant venture
Jul 07, 2012 12:01 EDT
France's nuclear power group Areva and other companies including China's CGNPC will bid for the British joint venture dropped by Germany in March, Areva boss Luc Oursel said Saturday.
German utilities 'seek damages for nuclear exit'
Jun 13, 2012 07:03 EDT
German power suppliers are suing the government for 15 billion euros ($19 billion) in damages over the decision to abandon nuclear power, the Frankfurter Allgemeine Zeitung reported Wednesday.
German utilities want 15 bn euros for nuclear exit: report
Jun 13, 2012 03:30 EDT
German power suppliers are suing the government for 15 billion euros ($19 billion) in damages over the decision to abandon nuclear power, the Frankfurter Allgemeine Zeitung reported Wednesday.
UK proposes energy market overhaul to boost nuclear
May 22, 2012 11:36 EDT
Britain unveiled a draft energy law on Tuesday aiming to plug a looming energy gap with £110 billion of investment in nuclear and renewable energy over a decade.
RWE joins rival E.ON in suing Germany over nuclear exit
Apr 19, 2012 07:40 EDT
German power supplier RWE said Thursday it is joining its bigger rival E.ON in filing a complaint with Germany's highest court over compensation for the government's decision to abandon nuclear power.
