financetom
Business
financetom
/
Business
/
PRESS DIGEST- Financial Times - April 3
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST- Financial Times - April 3
Apr 2, 2025 7:55 PM

April 3 (Reuters) - The following are the top stories in

the Financial Times. Reuters has not verified these stories and

does not vouch for their accuracy.

Headlines

- Denmark's Maersk buys Panama Canal railway

-Deutsche Bank's asset manager fined 25 million euros over

greenwashing scandal

- Thames Water names Steve Buck as its new chief financial

officer

- Greencore ( GNCGF ) agrees 1.2 billon pound deal for UK ready meal

rival Bakkavor ( BKKVF )

Overview

- Canadian Pacific Kansas City ( CP ) said it and

U.S.-based Lanco Group have sold the Panama Canal Railway

Company to a unit of Denmark's Maersk, one of the

world's largest container shipping groups.

- German prosecutors have fined asset manager DWS

25 million euros ($27.30 million)after a lengthy probe found the

firm guilty of greenwashing, or making misleading statements

about its environmental and social investing credentials.

- Britain's biggest water supplier Thames Water named former

British Gas finance director Steve Buck as its chief financial

officer to help deliver the indebted company's turnaround plan.

- Convenience food manufacturer Greencore ( GNCGF ) agreed to

buy rival Bakkavor ( BKKVF ) in a deal valued at 1.2 billion

pounds ($1.57 billion) to create a convenience foods giant in

Britain.

($1 = 0.9157 euros)

($1 = 0.7660 pounds)

(Compiled by Bengaluru newsroom)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved