Edition:
United States

Christoph Steitz

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Nov 16 2017

Siemens to cut 6,900 jobs to tackle flailing turbines business

FRANKFURT Siemens will cut about 6,900 jobs, or close to 2 percent of its global workforce, mainly at its power and gas division, which has been hit by the rapid growth of renewables.

Nov 14 2017

RWE under pressure over coal despite forecast beating profit

FRANKFURT A recovery in German utility RWE's power and commodity trading during the first nine months failed to overcome concerns about its exposure to politically sensitive coal generation on Tuesday, with its shares falling almost 4 percent.

Nov 14 2017

Nordex cuts sales goal as pressure on wind sector intensifies

FRANKFURT German wind turbine maker Nordex has slashed its sales forecast for 2017, joining rivals in saying an industry shift towards awarding orders via auctions is hitting margins and demand in its core European market.

Nov 13 2017

Innogy cuts value of lossmaking UK retail arm npower by 480 million euro

FRANKFURT German utility Innogy cut 480 million euros (£427 million) off the value of its British electricity and gas supply business npower on Monday, warning more impairment charges could come after this month's deal to merge the unit with rival SSE's bigger retail arm.

Nov 09 2017

SMA Solar sales struggle to cope with chip shortage

FRANKFURT/DUESSELDORF Germany's SMA Solar said on Thursday its full-year sales would be at the bottom of its target range due to an industry-wide shortage of chips for inverters that will continue into 2018.

Nov 08 2017

SSE, Innogy to create UK retail power firm with 11 billion pound sales

FRANKFURT/LONDON SSE aims to turn up the heat on top-ranked British Gas with a merger of its UK power and gas retail operations with those of npower, owned by Germany's Innogy.

Nov 08 2017

UK power market ripe for more mergers after SSE deal

LONDON/FRANKFURT A deal to merge the British retail power businesses owned by SSE and Germany's Innogy could pave the way for more industry consolidation as pressures mount on the big suppliers in an increasingly crowded market.

Nov 07 2017

SSE and Innogy in talks to merge UK retail energy supply businesses

LONDON/FRANKFURT British utility SSE and German rival Innogy are in talks about merging their UK retail energy businesses to create a company that would challenge British Gas as the country's largest power supplier.

Nov 07 2017

Uniper zeigt Fortum kalte Schulter

Düsseldorf Der Energiekonzern Uniper lässt den finnischen Versorger Fortum abblitzen.

Nov 07 2017

Fortum's $1.7 billion break fee makes rival bid for Uniper unlikely

FRANKFURT/HELSINKI Germany's E.ON might have to pay as much as 1.5 billion euros ($1.7 billion) if a deal to sell its stake in Uniper to Finnish power group Fortum falls through, raising the bar for any rival to enter the auction.

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