Siemens AG (SIEGn.DE)
18 Jun 2019
BERLIN, June 18 Siemens plans to cut 2,700 jobs at its gas and power company, in addition to 10,400 it is already shedding in its core units, the German engineering firm said on Tuesday.
FRANKFURT, June 18 Siemens struck a deal to sell its in-house startup Siemens eAircraft to Rolls-Royce for an undisclosed sum, it said on Tuesday.
FRANKFURT Siemens on Friday said RZD Russian Railways had placed an order for 13 high-speed Velaro trains under a contract worth 1.1 billion euros.
ST PETERSBURG Russian Railways (RZhD) signed a 1.1 billion euro deal on Friday with Germany's Siemens and Russia's Sinara Group to buy 13 high-speed "Sapsan" trains and 30 years worth of servicing for the trains, RZhD said on Friday.
ST PETERSBURG, June 7 Russian Railways (RZhD) signed a 1.1 billion euro deal on Friday with Germany's Siemens and Russia's Sinara Group to buy 13 high-speed "Sapsan" trains and 30 years worth of servicing for the trains, RZhD said on Friday.
RIO DE JANEIRO The U.S. FBI is investigating corporate giants Johnson & Johnson, Siemens AG, General Electric Co and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, two Brazilian investigators have told Reuters.
MUNICH Siemens cheered investors on Wednesday by saying it would spin off its faltering 30 billion euro ($34 billion) gas-turbines business and posting better-than-expected quarterly earnings.
* Shares gain nearly 4 percent after results, spin off (Rewrites, adding CEO comments, background, share price)
MUNICH, May 8 The head of Siemens's Gas and Power business Lisa Davis is targeting 1 billion euros ($1.12 billion)in savings by 2023 at the business Siemens wants to spin off from the rest of its operations, according to an analyst presentation.