Advertisement
UK markets open in 1 hour 53 minutes

  • NIKKEI 225

    38,238.87
    -596.23 (-1.54%)
     

  • HANG SENG

    18,410.20
    -69.17 (-0.37%)
     

  • CRUDE OIL

    77.99
    -0.39 (-0.50%)
     

  • GOLD FUTURES

    2,327.10
    +2.90 (+0.12%)
     

  • DOW

    38,884.26
    +31.99 (+0.08%)
     

  • Bitcoin GBP

    49,986.07
    -787.23 (-1.55%)
     

  • CMC Crypto 200

    1,297.35
    -67.78 (-4.96%)
     

  • NASDAQ Composite

    16,332.56
    -16.69 (-0.10%)
     

  • UK FTSE All Share

    4,522.99
    +53.90 (+1.21%)
     
Money:

The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

Schmolz + Bickenbach agrees to pay 12.3 million euros to settle German probe

Reuters

ZURICH (Reuters) - Schmolz + Bickenbach <STLN.S> has agreed to pay a fine of 12.3 million euros nto settle allegations of anti-competitive practices in Germany, the embattled steelmaker said on Thursday.

Schmolz + Bickenbach made the out-of-court agreement with the German Federal Cartel Office following an investigation into alleged anti-trust issues, without giving further details.

Payment depends on the Swiss company raising money through a planned capital increase on Dec. 2, it added.

(Reporting by John Revill)