Deutsche Telekom reduces Board of Management

Telekom | May 22, 2019 at 12:00 PM

As Thomas Kremer, Board member DRC, will retire on March 31, 2020, the Board areas Data Privacy, Legal Affairs and Compliance (DRC) and Human Resources will be merged at the beginning of next year.

GE: Could Hydro Storage Prime the Pump for Renewables?

GE Newsroom | May 22, 2019 at 12:00 PM

A project team from GE Research and GE Energy Consulting, supported by GE Renewable Energy’s hydro teams, has been awarded $1.25 MM in funding from the US Department of Energy (DOE) Water Power Technologies Office to evaluate the long-term benefits and economics of pumped storage hydropower (PSH) to provide flexibility, system stability and reliability services to the grid.

Commerzbank Annual General Meeting – summary of voting results

Commerzbank | May 22, 2019 at 12:00 AM

Resolution on the appropriation of distributable profit (item 2) The Annual General Meeting voted, as proposed by the Board of Managing Directors and the Supervisory Board, to use the distributable profit for financial year 2018 in an amount of approximately €262 million, to pay a dividend of €0.20 per dividend-bearing share and to allocate the remaining amount to profit reserves.