Industry

Corporate operations and sector-specific developments. M&A, executive appointments, industrial policy, manufacturing, energy, and regulatory affairs.

Thames Water CFO Resigns Amid Financial Turmoil

The CFO of Thames Water, Alastair Cochran, resigns as the utility giant battles a severe financial crisis, grappling with a £20 billion debt and the need for £3 billion in new equity. Potential nationalization and government intervention loom as the company seeks financial stability.

#finance, #united kingdom, #utilities, #water crisis, #corporate leadership

U.S. Stock Markets Tumble Amid Inflation Concerns and New Tariffs

U.S. stock markets suffered major losses as inflation fears and a new auto import tariff announced by President Trump heightened economic uncertainties. The S&P 500, Dow Jones, and Nasdaq all recorded significant declines, reflecting investor unease.

#stock market, #inflation, #economic slowdown, #tariffs, #federal reserve