(SeeNews) - May 25, 2012 - Spanish telecoms giant Telefonica (MCE:TEF) has reduced its capital to EUR 4.479 billion (USD 5.626bn), after cancelling 84,209,363 own shares, the group said in a regulatory filing on Friday.

(SeeNews) - May 25, 2012 - German utility RWE AG (ETR:RWE) will resubmit an amended application for its Mynydd y Gwair wind project near Swansea, Wales, this year after reducing the number of turbines proposed to 16 from 19, Renews reported on Friday.

(SeeNews) - May 25, 2012 - The following are China corporate news stories published today: