Business and Economy

Business and Economy Latest News

Siemens Energy gets state-backed 15-bn-euro rescue package
Siemens Energy gets state-backed 15-bn-euro rescue package
by  AFP

Siemens Energy will receive a 15-billion-euro ($16.3-billion), state-backed rescue package, Berlin said Tuesday, as the German group struggles to overcome a crisis in its wind power unit. They are part of a 15-billion-euro package agreed with other stakeholders, including private banks and the larger Siemens conglomerate, which is a major shareholder in Siemens Energy.

UK govt urges food delivery firms to step up vetting
UK govt urges food delivery firms to step up vetting
by  AFP

The UK government on Tuesday urged online food delivery platforms such as Uber Eats, Just Eat and Deliveroo to step up driver vetting to protect people and prevent unauthorised immigrants working illegally.

Netherlands shelves plan to cut Schiphol flights
Netherlands shelves plan to cut Schiphol flights
by  AFP

The Dutch government said Tuesday it was temporarily shelving plans to cut flights at Amsterdam's Schiphol Airport, one of Europe's busiest hubs, admitting it was a "bitter pill for the environment." "The government knows that suspending (the plans) is a bitter pill for the environment...

Energy

Money

Industry

Technology

Economy