BackGerman energy group E.ON sparks plot to combine with rival supplier Ovo Energy

Urgent

Sky News Business2/10/2026BusinessUnited Kingdom

German energy group E.ON sparks plot to combine with rival supplier Ovo Energy

Quick Look

German energy group E.ON is reportedly plotting a combination with UK rival supplier OVO Energy, according to reports from business journalist Mark Kleinman.

AI-generated summary

Font size

German energy group E.ON is reportedly plotting a combination with UK rival supplier OVO Energy, according to reports from business journalist Mark Kleinman.

Read the full article on Sky News Business

ITV is selling its broadcasting division to Sky for £1.6bn, a move seen as an end to an era for the 70-year-old company. The deal reflects the decline of traditional free-to-air broadcasting in the face of streaming giants, with ITV's digital revenues showing growth but not enough to offset the linear business's struggles.

Guardian Business

BREAKING·14h ago

Microsoft Announces 4,800 Job Cuts and Major Xbox Restructuring

Microsoft is eliminating approximately 4,800 jobs, representing 2% of its global workforce, as part of a cost-cutting measure and a significant restructuring of its Xbox gaming division. This includes shedding 3,200 gaming jobs and spinning off or reviewing five game studios.

Guardian Business

German energy group E.ON sparks plot to combine with rival supplier Ovo Energy

Quick Look

Related Topics

Related Stories

Samsung Electronics expects 19-fold profit jump driven by AI memory chip demand

Amazon Business Course Bars Breastfeeding Mother Over Child Access Policy

UK Banks Failing Vulnerable Customers with Basic Account Access, Regulator Finds

UK Banks Failing Vulnerable Customers with Basic Account Access, Regulator Finds

ITV's broadcasting arm sold to Sky in £1.6bn deal, marking the end of an era

Microsoft Announces 4,800 Job Cuts and Major Xbox Restructuring