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.
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44:45 - The Pulse hosted by Francine Lacqua. Guests include James Bevan, chief investment officer at CCLA Investment Management, Pasquale Terracciano, Italian Ambassador to the U.K., Gerald Lyons, chief economist strategist at Netwealth Investments, and Ann Pettifor, director at policy Research in Macroeconomics (Source: Bloomberg)