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Italy's CDP may sell Open Fiber stake to TIM to form single network -report

MILAN, May 25 Italy's Cassa Depositi e Prestiti (CDP) is considering selling its stake in broadband operator Open Fiber to Telecom Italia (TIM), which would issue the state-owned lender with shares in return for the holding, Il Messaggero reported.

VW to intensify talks with Northvolt on battery project -Boersen-Zeitung

FRANKFURT, May 25 Volkswagen is intensifying talks with Swedish startup Northvolt on plans to jointly build up battery cell production in Salzgitter, near its headquarters in Lower Saxony, one of its board members told a German newspaper.

CORRECTED-S.African govt. withdraws sulphur dioxide emissions changes ahead of carbon tax

JOHANNESBURG, May 24 South Africa's average temperatures are rising more than the global average and the carbon tax law aimed at slashing emissions responsible for extreme climate breakdowns is too little, too late, according to campaigners and the communities where pollution-related sicknesses are already a reality.

Basic Materials, Energy, 5:16am EDT

Mitsui's ITC begins paying claims following Texas tank fire

HOUSTON, May 24 Mitsui & Co Ltd's Intercontinental Terminals Co (ITC) has begun evaluating and paying claims to Houston area residents who missed work or incurred medical expenses following a March fire at its petrochemical storage facility, the company said on Friday.

UPDATE 2-Britain's Thames Water CEO Steve Robertson steps down

* Ian Marchant named as interim executive chairman (Adds comment from Thames Water, background on Robertson)

Financials, Energy May 24 2019
Utilities
Nextera Energy Inc $203.37 -0.08%
Duke Energy Corp $88.81 -0.10%
Southern Co $54.35 +0.02%

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