France's Engie to speed up cuts to unprofitable business
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PARIS (Reuters) - French utility Engie said on Tuesday it would accelerate plans to withdraw from some markets and leave more than 25 countries by 2021, while shrinking its client solutions division, which the coronavirus crisis has hit hard. Engie, whose operations span the globe and include nuclear and gas, posted a 3.7% fall in first-quarter revenue to 16.5 billion euros ($17.85 billion), hurt partly by unseasonably warm weather which lowered energy demand. The novel coronavirus outbreak..