ZURICH (Reuters) – ABB (ABBN.S) will pay up to $470 million to hand over its loss-making solar inverter business to Italy’s FIMER SpA, highlighting the tough conditions in the solar industry where prices have fallen as demand has boomed. FILE PHOTO: The …
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That came after the brokerage posted its first quarterly loss since 2010 in the January-March period, according to data compiled by Bloomberg.
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Commuters have been left furious after the entire Northern line was suspended during rush hour on a second day of disruption. London Underground services were suspended after a signalling problem, which forced the whole route to close. Trains resumed …
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Deutsche Bank (ticker: DB) created a stir Sunday when it said it was cutting 18,000 employees, about 20% of its workforce, to save roughly $7 billion dollars in annual expenses. Those numbers are large enough on their own to create waves on Wall Street, …
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The consensus of more than 25 forecasters sees prospects for PetroChina to surge 41% over the next year, according to data compiled by Bloomberg.
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