May 8 (Reuters) - German chemicals group Evonik Industries on Wednesday forecast its core profit for the second quarter to be roughly on par with that of the first quarter. The company said its first-quarter adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 522 million euros ($560.63 million), in line with preliminary figures published last month,...

FRANKFURT, May 8 (Reuters) - Siemens Energy will replace the boss of its troubled wind turbine division after less than three years, the company said on Wednesday, also raising its outlook for the current year primarily on the back of its power grid business. Jochen Eickholt, who took over as Siemens Gamesa CEO in March 2022, will step down at...

TOKYO (Reuters) -Toyota Motor ( TM ) forecast a 20% decline in operating profit for the current financial year on Wednesday, after reporting a blockbuster 78% profit increase in the fourth quarter that just ended. The world's top-selling automaker expects operating income to total 4.3 trillion yen ($28 billion) in the year to March 2025, versus 5.35 trillion yen in...

LONDON, May 8 (Reuters) - BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap with rivals. CEO Murray Auchincloss has in recent months pivoted the London-based firm's strategy to focus heavily on returns. He has been less...