business / news / / Devdiscourse
UK energy regulator Ofgem is set for an overhaul.
Ofgem will gain authority to enforce consumer law and block executive bonuses after its overhaul.
KEY POINTS
- Deutsche Telekom is considering merging with T-Mobile US via a new holding company structure.
- Lufthansa will cancel 20,000 flights between May and October to reduce fuel costs.
- Friends of the Earth Netherlands sued Shell to stop all new oil and gas projects.
- Revolut is targeting a $200 billion valuation for its planned stock market debut.
COMPANIES
Summarized by Newsio from Devdiscourse. How we summarize →