RWE Will Cut 2,400 More Jobs After Demand Slump

RWE AG, Germany’s second-largest utility, will cut 2,400 jobs to reduce costs as plunging demand for power and natural gas left first-half profit stagnant.
Will Oil Retest Lows: Surveillance (Full Show 07/28)
34:01 - Full episode of “Bloomberg Surveillance.” Guests include Renaissance Macro Research U.S. Economics Research Head Neil Dutta, Oppenheimer & Co. Senior Analyst Fadel Gheit and Canaccord Genuity's Tony Dwyer. (Source: Bloomberg)
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