In a bid to cut overall costs, RWE had laid out plans to sell off assets to financial investors as well as cut down on its employee headcount.
Investors
Huawei set to continue European expansion plans
Despite allegations of anticompetitive behavior, Huawei continued with expansion plans to Europe. Huawei, Chinese telecommunications equipment manufacturer, had laid out plans to create 5,500 jobs in Europe within five years.
Scout24's new owner still to be decided by Deutsche Telekom
Focus magazine reported that Deutsche Telekom would still choose a buyer for its online classified advertising business, Scout24.
EU agreements no threat to Russia according to Ukraine's PM
Mykola Azarov, the Ukranian PM, assured Russia that the EU agreements are no threat to Russia. The prime minister of the Ukraine reached out to Russia to allay fears as to Kiev's plans of signing a free trade agreement with the European Union.
ECB supervision to be operational by January 2014 according to Mersch
Yves Mersch, ECB board member, projected the completion of the staff complement for the regulatory authority by late 2014.
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Senator Al Franken wrote a letter to Apple's Head Tim Cook to raise concerns about the fingerprint scanning technology of the iPhone 5S.
Oracle Team USA would need to triumph over Team New Zealand in the next six races to defend their America's Cup title.
The Oracle Team USA funded by billionaire Larry Ellison remained in the running for America's Cup after Team New Zealand failed to win the Cup on Friday.
With eerie similarities, BlackBerry is replicating the route taken by Palm Inc. into oblivion. The recent announcements for Canadian smartphone maker Blackberry are short of appalling, It had said it had a 40% decline in sales and had announced job cuts to a third of its current workforce.
Claiming survival of the local industry, the All India Plastics Manufacturers Association has written to the Indian Finance Minister to revise the import duties on plastics.
The influx of major global airlines moved the Indian government to review its existing requirements for airlines to be allowed to fly international routes.
European policymakers were in for disappointment no matter what the outcome of the election would be, a Reuters analysis showed.
The elimination of poverty and improving incomes of the world's poorest were two of the goals of World Bank, its draft strategy paper showed.
A business magazine reported that Gerhard Cromme would leave the board of Axel Springer to concentrate on his role at Siemens.
