Corporate cash-hoarding continues
Even as the economy improves, corporate America continues to pile up record amounts of unused cash, Bloomberg reports. Read more at Counterparties
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Siemens sets aside 3-digit million eur sum for job cuts
BERLIN |
BERLIN (Reuters) - Siemens has already set aside a sum in the hundreds of millions of euros for severance payments as part of its new 6 billion-euro ($7.65 billion) cost-cutting program, its finance chief Joe Kaeser said.
(Reporting by Maria Sheahan)
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