Siemens preps for expected rise in power demand, moves unit producing gas turbines to NC German industrial conglomerate Siemens AG is consolidating production of gas turbines for electric utilities in North Carolina to position itself for an expected boom in electricity demand ...
LYON, France (Reuters) - Two managers of German electrical and engineering group Siemens AG were released on Tuesday after being held in their offices overnight by employees demanding concessions over job cuts. Staff representatives said management had refused to bow to their ...
<div><p>Siemens' former Greek country director, arrested in Germany for alleged corruption in Greece, has begun making a "confession" in order to avoid extradition to Athens, reports said Saturday.</p><p>According to weekly news magazine Der Spiegel and the daily Sueddeutsche Zeitung, Michael Christophorakos was ...
<div><p>WASHINGTON (Reuters) - U.S. antitrust regulators have approved a Nokia Siemens bid for a portion of Canada's bankrupt Nortel Networks Inc, the Federal Trade Commission said on Tuesday.</p><p>Nortel had said Nokia Siemens Networks -- a joint venture of Nokia and Siemens -- ...
<div><p>German engineering giant Siemens said Thursday it had landed around a billion euros' (dollars) worth of orders to improve infrastructure in South Africa as the country gears up to host World Cup 2010.</p><p>"Most of these orders are connected with the expansion of ...
<div><p>TORONTO (Reuters) - Flextronics International Ltd said on Tuesday it has withdrawn all objections to the sale of Nortel's wireless technology assets to Ericsson and resolved outstanding issues with the Swedish telecom equipment maker.</p><p>Ericsson this weekend won an auction for Nortel's key ...
<div><p>The ultra-exclusive Salzburg Festival is to reach out to a wider audience this year by webcasting one of its opera performances for the first time, organisers announced Tuesday.</p><p>The premiere of a new production of Mozart's "Cosi fan tutte" will be available online ...
<div><p>German industrial giant Siemens said Thursday that orders had collapsed in its latest quarter but that it had expected the setback and would still meet its full-year targets.</p><p>New orders in Siemens' third quarter to June plunged 28 percent to 17.16 billion euros ...
<div id="subtitle">Germany's Siemens Q3 net profit down 7 percent to euro1.3 billion; will cut 1,600 jobs</div><div><p>German conglomerate Siemens AG said Thursday net profit for its fiscal third quarter fell 7 percent as the global recession hurt the company's industrial equipment and health ...
<div><h1>PAUL LAUDICINA OF A.T. KEARNEY: RETHINKING OUTSOURCING </h1><p>Whether we are truly emerging from recession--as a Wall Street Journal survey of economists and other reports contend--or are setting ourselves up for another reversal, one thing seems clear: When the global economy awakes from ...
