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A collection of news and information related to Siemens published by this site and its partners.

Top Siemens Articles see all

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  • Areva-Siemens raises claim to $4.4 billion over Finnish reactor delays

    HELSINKI (Reuters) - The French-German consortium Areva-Siemens , the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO), TVO said late on Friday.
  • Network gear maker Nokia tops market expectations

    Network gear maker Nokia tops market expectations
    Nokia delivered quarterly profits well above expectations on Thursday, six months after selling its struggling handset business to Microsoft in a 5.6 billion euros ($7.1 billion) deal that transformed it into a pure play network equipment maker. The...

    Siemens sees catch-up with rivals beginning in 2018

    FRANKFURT (Reuters) - German engineering group Siemens may need until 2018 before it can start to catch up with major rivals in terms of sales growth, its chief executive told a German magazine. CEO Joe Kaeser unveiled a corporate overhaul in May, dubbed...

    US business borrowing for equipment rises in September: ELFA

    (Reuters) - U.S. companies' borrowing to spend on capital investment rose in September, the Equipment Leasing and Finance Association (ELFA) said. Companies signed up for $9.4 billion in new loans, leases and lines of credit last month, up 21 percent...

    China to pitch high-speed trains to California

    SHANGHAI (Reuters) - State-backed China CNR Corporation is making a pitch to sell its high-speed trains to California, signaling China's growing export ambitions for such technology after building the world's longest network in just seven years. It marks...