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Peter Christian Zinkann: long-term Miele boss is dead
Economy

Peter Christian Zinkann: long-term Miele boss is dead

His grandfather had once co-founded the company Miele, Peter Christian Zinkann himself managed it for more than four decades. Now the household appliance manufacturer mourns the loss of an “outstanding entrepreneurial personality”.

Spiegel
Thames Water creditors secure former Labour minister to drive rescue deal
Economy

Thames Water creditors secure former Labour minister to drive rescue deal

Stricken UK water supplier lines up John Hutton as independent chair designate if takeover goes aheadThe group of Thames Water creditors pursuing a £10bn rescue deal for Britain’s largest water supplier has lined up a former senior Labour minister to chair the company, as it tries to win over the government.The creditor consortium, called London & Valley Water, said on Tuesday that Lord John Hutton had been selected as independent chair designate of the Thames Water board, if the consortium’s takeover of the utility goes ahead. Continue reading...

The Guardian Neutral