A Hull factory will supply wind turbine blades for Scottish Power in a contract worth more than £1bn. Siemens Gamesa will manufacture the blades for 64 turbines, which will be installed at the East Anglia TWO windfarm off the Suffolk coast. Darren Davidson, UK head of Siemens Energy and Siemens Gamesa, said the deal would allow the firm to plan for the long term in Hull and was a “real
(Reuters) – Online travel giant Booking Holdings (NASDAQ:) said on Friday it expected to cut jobs as part of broader changes to its businesses, which also aim to drive real estate savings. Booking Holdings, which owns brands like Booking.com and Kayak, did not disclose how many jobs would be affected but said it expected to provide more details on timing, likely impact on employees and financials “in due course”. As
By Akash Sriram and Abhirup Roy (Reuters) -Rivian stuck to its forecast of achieving gross profit in the fourth quarter even as it reported its first drop in quarterly revenue hurt in part by shortage of a component. Shares of Rivian (NASDAQ:) rose nearly 2% as the Irvine, California-based company expects to “generate modest positive gross margin” in the current quarter helped largely by cost cuts, and higher revenue per
