#siemens

6:02am, 8th May, 2020

Siemens surges as cuts costs and presses on with energy IPO

Siemens stock surged on Friday after the German engineering company said it was speeding up cost savings to tackle the coronavirus downturn and the flotation of its energy business remained on track.

Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges

1:50am, 8th May, 2020

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Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges

Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter.

Siemens CEO rules out job cuts from coronavirus impact

7:55am, 11th April, 2020

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Siemens CEO rules out job cuts from coronavirus impact

Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said, although short-time working measures could be extended in Germany.

Siemens CEO pushes plans to boost Iraqi power infrastructure

11:27am, 23rd September, 2018

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Siemens CEO pushes plans to boost Iraqi power infrastructure

Siemens said its boss Joe Kaeser met Iraq's prime minister on Sunday to discuss a proposal by the German company to expand the Middle East nation's power production.

Siemens nears multi-billion euro deal in Iraq: Handelsblatt

9:22am, 23rd September, 2018

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Siemens nears multi-billion euro deal in Iraq: Handelsblatt

German engineering group Siemens is working on a deal worth up to 9 billion euros ($10.6 billion) to supply energy generation technology to Iraq, business daily Handelsblatt reported, citing government and industry sources.

Vietnam's Vinfast in deal with Siemens for technology to make electric buses

12:43am, 13th August, 2018

News

Vietnam's Vinfast in deal with Siemens for technology to make electric buses

VinFast Trading and Production LLC has signed two contracts with Siemens Vietnam, a unit of Siemens AG, for the supply of technology and components to manufacture electric buses in the Southeast Asian country.

Siemens inks deal with Alibaba to launch digital products in China

12:12pm, 9th July, 2018

News

Siemens inks deal with Alibaba to launch digital products in China

Siemens has agreed with online giant Alibaba to use the Chinese company's cloud infrastructure to roll out its digital operating system MindSphere, the German engineering group said on Monday.

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Siemens surges as cuts costs and presses on with energy IPO

Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges

Siemens CEO rules out job cuts from coronavirus impact

Siemens CEO pushes plans to boost Iraqi power infrastructure

Siemens nears multi-billion euro deal in Iraq: Handelsblatt

Vietnam's Vinfast in deal with Siemens for technology to make electric buses

Siemens inks deal with Alibaba to launch digital products in China

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