Readying for Europe's earnings season – 'it's all about guidance'
And even that needs a bit of help…
Deutsche Bahn is considering a partial privatisation of DB Schenker Logistics as part of a massive corporate restructuring of the group, which will start on August 1.
In a six-point plan presented to the supervisory board yesterday, CEO and chairman Dr Rüdiger Grube warned that the group needed “bold, forward-looking decisions” to boost its competitiveness after disappointing interim results.
“Our current cost structures in many areas – for example, at the corporate level – are no longer competitive and urgently need to ...
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