Oct 17 (Reuters) - Shenzhou Yiqiao Information Service Co Ltd <000606.SZ> ::Sees Q1~Q3 FY 2017 net loss to be 49.5 million yuan to 55 million yuan .Says Q1~Q3 FY 2016 net profit was 17.4 million yuan.The reason for the forecast is increased internet service business promoting cost .
Iren SpA:Board approves establishment of networks company whose operations will start from Jan. 1, 2016.New company to manage electricity and gas distribution networks and integrated water service.Company will be named IRETI.The activities previously carried out by IREN Emilia, AEM Torino Distribuzione, Genova Reti Gas, IREN Acqua Gas, Acquedotto di Savona, Eniatel e AGA will be managed by IRETI.
RWE AG:RWE could consider pulling out of Britain if it can't find a way to turn around its Npower business, which has suffered a rapid loss of customers, its chief financial officer told Reuters - RTRS.Bernhard Guenther, RWE's CFO since 2013, said in the interview it would take at least until 2017 for Npower to return to profit from an expected mid double-digit million-euro loss this year. Investors have questioned whether it is worth keeping - RTRS.Guenther said in the interview the company was aiming to come up with a plan for how to fix the unit by next March and to bring down its losses in 2016 compared with 2015- RTRS.Guenther added there was room to improve Npower's profitability through other measures. "There are too many employees when compared with customers and profitability." - RTRS.