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Thyssenkrupp


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TKMS to bid for German defence contracts, including two submarines - FAZ

BERLIN, June 21 (Reuters) - Thyssenkrupp Marine Systems (TKMS) TKAG.DE is aiming to clinch new orders from the German Navy as the government boosts defence spending in response to the Ukraine war, the chief executive said in a newspaper interview published on Tuesday. "We have been invited to bid for additional submarines and corvettes," Oliver Bur
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European stocks log best session in 6 weeks as cyclicals roar back

* Swedish Match up on $16 bln bid from Philip Morris * ECB's Lagarde cements rate hike expectations * Bayer drops on setback in Roundup dispute * U.S. consumer price gains slow but inflation still hot By Sruthi Shankar and Shreyashi Sanyal May 11 (Reuters) - European stocks locked in gains for a second straight session on Wednesday as strong earnin
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Britain's steelmakers scorched by white-hot power prices

By Kate Holton CHESTERFIELD, England, April 22 (Reuters) - Steel boss James Brand raises his voice above the roar of metal being funnelled into a foundry furnace as he details how rampant costs have pushed him to raise his prices by 70%. Yet he says that, despite this hefty hike, his customers in sectors including oil and gas, autos and constructio
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Europe's energy crisis sends shockwaves through Germany's industrial heart

By Christoph Steitz, Louisa Off and Patricia Weiss KELHEIM, Germany, March 31 (Reuters) - Germany's Mittelstand, the small and mid-sized companies that power Europe's largest economy, was already battling its biggest crisis in a decade trying to absorb rocketing energy bills. Then the government warned it might have to turn off the gas. A standoff
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Shanghai expands COVID lockdown as new daily cases surge by a third

By Brenda Goh and Roxanne Liu SHANGHAI, March 30 (Reuters) - Authorities began locking down some western areas of Shanghai two days ahead of schedule, as new COVID-19 cases in China's most populous city jumped by a third despite stringent measures already in place to try to stop the virus spreading. Home to 26 million people, China's financial hub
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Thyssenkrupp steel workers face short-time work from April -labour boss

DUESSELDORF, March 18 (Reuters) - Thyssenkrupp's TKAG.DE steel workers will be put on shortened working hours next month, one of the group's labour bosses said on Friday, a day after the conglomerate flagged such a move in response to the impact of the war on Ukraine on its business. "Short-time work will come in April," said Tekin Nasikkol, who he
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European shares higher after Fed hike, eyes on Ukraine peace talks

* STOXX 600 clings to slim gains * Investors assess Fed comments * Energy stocks lead gains By Sruthi Shankar and Shreyashi Sanyal March 17 (Reuters) - European stocks gained in choppy trading on Thursday, a day after the Federal Reserve's widely anticipated U.S. interest rate hike, as investors eyed Russia-Ukraine peace talks. The pan-European STO
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Are Germany's new climate plans realistic?

By Vera Eckert FRANKFURT, Dec 8 (Reuters) - The German government, to be sworn in on Wednesday, has presented plans to step up climate protection efforts entailing far-reaching reforms for the utility sector and across manufacturing industries, buildings, transport and agriculture. The targets are radical, driven by participation of the Green Party
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Top steel firm China Baowu unveils global alliance to cut emissions

* Alliance of more than 60 members from 15 countries * Baowu discloses six routes to cut emissions * Announces fund to invest 35 mln yuan a year in low-carbon metallurgy By Min Zhang and Shivani Singh SHANGHAI, Nov 18 (Reuters) - China Baowu Steel Group has set up a Global Low-Carbon Metallurgical Innovation Alliance with partners to tackle climate
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SPD's Scholz offers steel sector help as German election race tightens

(Releads with Scholz) By Tom Kaeckenhoff DUISBURG, Germany, Sept 23 (Reuters) - German Social Democrat (SPD) candidate for chancellor Olaf Scholz promised on Thursday to help the steel industry convert to climate-friendly production if his party, clinging to a narrow lead in polls, wins Sunday's federal election. Trying to shore up support in the i
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Soaring gas prices ripple through heavy industry, supply chains

By Bozorgmehr Sharafedin, Susanna Twidale and Roslan Khasawneh LONDON, Sept 22 (Reuters) - Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their cus
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