Beyond windmills, Epoch’s Van Valen looks for grid improvements
At a time when U.S. utilities face pressure to rely more on renewable energy, a well-known investor in the space said it is equally important...
Struggling Norwegian Air launches shares issue, bond
Norwegian Air is planning a share issue and a $175 million bond, raising enough cash to meet the struggling budget airline’s needs through 2020 and...
Kroger 2020 profit, sales estimates top expectations; shares surge
Supermarket chain Kroger Co forecast 2020 profit and comparable sales ahead of Wall Street estimates on Tuesday, saying it expects to see further benefits from...
Lebanese importers struggle as banks impose credit controls
Lebanese traders are struggling to pay for imports of everything from pasta to nappies as banks impose restrictions on lines of credit in response to...
Lufthansa invites unions for talks ahead of planned strike
Lufthansa said its Chief Executive Carsten Spohr had invited representatives of three unions for talks on a wage dispute that threatens to ground the airline’s...
Italy’s PM says he will not bend on Ilva steel plant dispute
Italian Prime Minister Giuseppe Conte insisted on Tuesday that he would not give way in a standoff with ArcelorMittal over the future of troubled steel...
Domestic focus a ‘better choice’ for many Chinese companies: Harvest Global CIO
Focusing on domestic consumers would be a “better choice” for many Chinese companies, even if the shift is forced by trade tariffs and weak worldwide...
Mylan tops profit estimates as newer drugs spur North America growth
Mylan NV beat Wall Street estimates for third-quarter profit on Tuesday, as its biggest market, North America, benefited from launches of lung disease therapies Wixela...
Mediaset, Vivendi in talks to resolve row over TV project: sources
Italian broadcaster Mediaset and its hostile shareholder Vivendi are in talks about ways to overcome a dispute over the governance of Mediaset’s planned pan-European TV...
Tapestry sees current-quarter profit below estimates on Kate Spade, tariff woes
Tapestry Inc on Tuesday forecast lower-than-expected profit for the current quarter, citing weak demand at its millennial-focused Kate Spade brand and the impact of U.S....