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ABB India drops after UBS downgrades to 'neutral'

BUZZ-ABB India drops after UBS downgrades to 'neutral' ** Shares of engineering services company ABB India Ltd ABB.NS down 2.8% at 8,218 rupees ** ABB shares down for third straight session where they have shed 4.4%; day's fall biggest across last three sessions ** UBS downgrades stock to "neutral" from "buy" saying current price already factors ro
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Siemens: Siemens Mobility to Equip Berlin Metro With CBTC Technology

BRIEF-Siemens: Siemens Mobility to Equip Berlin Metro With CBTC Technology July 5 (Reuters) - SIEMENS AG SIEGn.DE : SIEMENS MOBILITY EQUIPS BERLIN METRO WITH CBTC TECHNOLOGY TO ENABLE SEMI-AUTOMATED OPERATION FOR THE FIRST TIME Further company coverage: [SIEGn.DE] (Gdansk Newsroom)
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Siemens And Boson Energy Enter Agreement To Accelerate The Green Energy Transition

BRIEF-Siemens And Boson Energy Enter Agreement To Accelerate The Green Energy Transition July 3 (Reuters) - SIEMENS AG SIEGn.DE : SIEMENS AND BOSON ENERGY REACH AGREEMENT TO ACCELERATE ENERGY TRANSITION THROUGH WASTE-TO-HYDROGEN (TO-X) TECHNOLOGY BOSON ENERGY PLANS TO BUILD MORE THAN 300 PLANTS PRODUCING 1 MILLION TONS OF HYDROGEN BY 2030 Further c
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India's KEC International hits record high on orders worth 10.17 bln rupees

BUZZ-India's KEC International hits record high on orders worth 10.17 bln rupees ** Shares of KEC International KECL.NS rise 6.5% to a record high of 956 rupees ** Engineering, procurement and construction co said on Tuesday it secured orders worth 10.17 bln rupees($121.8 mln), its largest solar orders in India ** Orders are for construction and su
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India's Larsen & Toubro up on report of orders worth $4 bln from Saudi Aramco

BUZZ-India's Larsen & Toubro up on report of orders worth $4 bln from Saudi Aramco ** Larsen & Toubro (L&T) LART.NS rises as much as 3.1%; last up 2% to 3,596.25 rupees, snapping three straight sessions of losses ** The infrastructure major's unit got orders worth about $4 bln from Saudi Arabia's state oil company Aramco 2222.SE , per MEED report *
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Bechtle AG, Centrica, Clariant AG

EUROPE RESEARCH ROUNDUP-Bechtle AG, Centrica, Clariant AG July 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bechtle AG, Centrica and Clariant AG, on Monday. HIGHLIGHTS * Akzo Nobel NV AKZO.AS : Goldman Sachs cuts to sell from neutral * Bechtle AG BC8G.DE : Exane BNP Paribas cuts to underperform from neutral * Centrica CNA.L : Berenberg raises to buy from hold * Clariant AG CLN.S : Goldman Sachs raises to buy from neutral * Fin
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US business equipment borrowings up 11% in May, ELFA says

US business equipment borrowings up 11% in May, ELFA says June 25 (Reuters) - U.S. companies borrowed 11% more to finance equipment investments in May compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday. Companies signed up for new loans, leases and lines of credit worth $10.2 billion in May, down 7% from a month ago.
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Siemens Siemens Mobility And Tyczka Hydrogen Cooperate In The Hydrogen Railway Sector

BRIEF-Siemens AG - Siemens Mobility And Tyczka Hydrogen Cooperate In The Hydrogen Railway Sector June 25 (Reuters) - SIEMENS AG SIEGn.DE : SIEMENS MOBILITY AND TYCZKA HYDROGEN COOPERATE IN THE HYDROGEN RAILWAY SECTOR TO PROVIDE END-TO-END SOLUTIONS FOR FUEL CELL TRAINS CUSTOMERS TO BE OFFERED HYDROGEN TRAINS PLUS THE FULL HYDROGEN SUPPLY CHAIN INCL
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India's Jupiter Wagons rises on getting purchase order

BUZZ-India's Jupiter Wagons rises on getting purchase order ** Shares of Jupiter Wagons JUWL.NS rise as much as 3.9%, before trimming gains to trade 2.3% higher ** The railway engineering co said it got a purchase order from Siemens SIEM.NS for supply of 36 auxiliary batteries ** Additionally, co said Bharat Heavy Electricals BHEL.NS has technicall
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Siemens halts train deliveries to Germany due to defects

UPDATE 1-Siemens halts train deliveries to Germany due to defects Writes through with Siemens statement, adds background BERLIN, June 20 (Reuters) - Siemens SIEGn.DE has temporarily stopped d eliveries of its new fast-speed ICE trains to rail operator Deutsche Bahn after finding defects in some components , the German conglomerate said on Thursday.
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Siemens Announces Investment At Its Factory In Cornellà, Spain

BRIEF-Siemens Announces Investment At Its Factory In Cornellà, Spain June 20 (Reuters) - SIEMENS AG SIEGn.DE : INVESTMENT AT ITS FACTORY IN CORNELLÀ, SPAIN HAS INVESTED IN ITS CORNELLÀ FACTORY TO SIGNIFICANTLY EXPAND PRODUCTION CAPACITY AND PRODUCT PORTFOLIO Further company coverage: [SIEGn.DE] (Gdansk Newsroom)
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Siemens halts train deliveries to Germany due to defects, Bild reports

Siemens halts train deliveries to Germany due to defects, Bild reports BERLIN, June 20 (Reuters) - German conglomerate Siemens SIEGn.DE has stopped delivering new fast-speed ICE trains to rail operator Deutsche Bahn due to quality problems in some components, Bild daily reported on Thursday. Siemens found major problems with the welding on some floor and side panels of the trains, reported the newspaper, adding that experts warned of a possible safety risk.
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Tower Peak, based asset manager, launches with focus on decarbonising industry

Tower Peak, UK-based asset manager, launches with focus on decarbonising industry LONDON, June 20 (Reuters) - Anthony Catachanas, former chief executive of investment firm Victory Hill, has launched a new UK-based asset management firm, Tower Peak Partners, focused on the green transition of industry. TPP has started fund-raising for several strategies across private equity, infrastructure and natural capital investments out of offices in London and New York and plans to open additional sites in
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Siemens Makes Additional Investment In Frankfurt Switchgear Plant

BRIEF-Siemens Makes Additional Investment In Frankfurt Switchgear Plant June 19 (Reuters) - SIEMENS AG SIEGn.DE : SIEMENS MAKES ADDITIONAL INVESTMENT IN FRANKFURT SWITCHGEAR PLANT INVESTS 100 MILLION EUROS IN A 3.5-HECTARE SITE TO EXPAND EXISTING FACILITY IN FRANKFURT’S OSTEND DISTRICT Further company coverage: [SIEGn.DE] (Gdansk Newsroom)
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Data centre power demand to boost European capital goods firms, Jefferies says

BUZZ-Data centre power demand to boost European capital goods firms, Jefferies says ** AI-driven growth in the data centre market is set to fuel electricity demand, which will boost capital goods companies in Europe, Jefferies says ** Growing needs from data centres will increase energy consumption and require expansion and upgrades to the power grid, it says ** It expects data centre electricity consumption to reach 17% CAGR in the U.S.
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Givaudan, National Grid, Schneider Electric

EUROPE RESEARCH ROUNDUP-Givaudan, National Grid, Schneider Electric June 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Givaudan, National Grid and Schneider Electric, on Tuesday. HIGHLIGHTS * Crest Nicholson Holdings Plc CRST.L : RBC raises target price to 250p from 175p * Givaudan SA GIVN.S : JP Morgan raises target price to CHF 4,200 from CHF 3,800 * National Grid NG.L : Barclays cuts target price to 1120p from 1365p * Schne
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Hyundai’s India IPO will have imitators

RPT-BREAKINGVIEWS-Hyundai’s India IPO will have imitators Corrects to fix sourcing in the second paragraph. The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to add hyperlink. By Shritama Bose MUMBAI, June 17 (Reuters Breakingviews) - If Hyundai Motor's 005380.KS up to $3 billion initial public offering of its Indian business crystallises a premium valuation as easily as expected, other multinationals could rush to list their local operations in the S
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German metalworkers' union seeks 7% raise before bargaining round

UPDATE 3-German metalworkers' union seeks 7% raise before bargaining round Adds employers' comment, economist comment from paragraph 5 By Ludwig Burger FRANKFURT, June 17 (Reuters) - The leadership of German metalworkers' union IG Metall on Monday advised members to demand a 7% raise in the impending collective bargaining round, well above the current inflation rate .
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Hyundai’s India IPO will have imitators

CORRECTED-BREAKINGVIEWS-Hyundai’s India IPO will have imitators Corrects to fix sourcing in the second paragraph. The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to add hyperlink. By Shritama Bose MUMBAI, June 17 (Reuters Breakingviews) - If Hyundai Motor's 005380.KS up to $3 billion initial public offering of its Indian business crystallises a premium valuation as easily as expected, other multinationals could rush to list their local operations in
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US railroad Amtrak on track to break passenger records in 2024

UPDATE 1-US railroad Amtrak on track to break passenger records in 2024 Recasts lead; adds details, background By David Shepardson WASHINGTON, June 12 (Reuters) - U.S. passenger railroad Amtrak said on Wednesday it expects ridership to top pre-COVID 2019 levels this year for the first time and reach a record high even though it has less capacity. Ridership was 20% higher in the first seven months of Amtrak's budget year that began Oct.
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