RWE is exploring the sale of power plants, its chief operating officer told Reuters on Tuesday, frustrated with profit erosion and lack of political support for its struggling generation units.
Sectors
EBay's breakup plans may open door for e-commerce M&A
EBay Inc's plans to break up into three different companies could accommodate would-be suitors, signaling a potential merger fight after the breakup.
ECB to decide on bond-buying plan for reviving euro zone economy
The European Central Bank is poised to announce a plan on Thursday to buy government bonds, resorting to its last big policy tool for breathing life into the flagging euro zone economy and fending off deflation.
Brent crude oil rises above $48.50, but outlook remains weak
Oil prices edged up on Wednesday in a further sign of support around current levels, but analysts said the outlook for the next six months remained bleak due to oversupply.
French newspaper 'Le Monde' says Twitter account hacked
French newspaper "Le Monde" said its twitter account and publishing tool were hacked by a group called the "Syrian Electronic Army", an amorphous hacker collective that supports Syrian President Bashar al-Assad.
Latest News
United Continental Holdings Inc (UAL.N) said on Tuesday it is considering whether to exchange aircraft orders it has placed with Boeing Co (BA.N) for larger 777-300ER jetliners, also made by the Chicago-based planemaker.
"The Interview," the Sony Pictures comedy believed to have triggered a cyber attack on the studio, has racked up over $40 million in sales from 5.8 million digital downloads, the studio said on Tuesday.
International Business Machines Corp posted a new 2015 profit target and quarterly revenue that both missed analysts' estimates, as the one-time world technology leader continues to grapple with its journey from low-margin hardware maker to the new world of cloud computing.Shares of IBM, which is still the world's largest technology services company, but no longer regarded as a leader in innovation, fell 1.6 percent to $154.48 in extended trading.
Oil services giant Schlumberger plans to buy a 45.65 percent stake in Eurasia Drilling for about $1.7 billion, potentially paving the way for it to become the sole owner of Russia's most active oilfield services company.
Myanmar, Haiti and Mali were ranked the least open and transparent countries in a global index of government data released on Tuesday, which found that most governments do not make official data openly available to the public.
Brent crude oil prices fell towards $48 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel.
Brent crude oil prices fell below $49 a barrel and U.S. crude also fell more than $1 on Monday after the global economic outlook darkened and Iraq announced record oil production.
Sounding more like the economics professor he once was than the dangerous far-right firebrand some say he has become, Bernd Lucke spoke at length about the perils of the euro zone and unfettered immigration at a campaign rally last week.
A small but heavily subscribed pipeline that transports 42,000 barrels a day of crude oil from North Dakota's Bakken region is expected to remain closed on Tuesday after a weekend breach that spilled 1,200 barrels of crude into the Yellowstone River near Glendive, Montana.
