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Siemens

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News

Semiconductor squeeze forces ABB to shrink sales outlook

* Full-year sales guidance growth cut to 6-8% * ABB joins other companies in facing chip shortage * Tight labour market adds to challenges * ABB expects supply chain problems to continue By John Revill ZURICH, Oct 21 (Reuters) - ABB ABBN.S expects the supply chain crunch to continue into next year, the Swiss engineering group said on Thursday, as a
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British Business - Oct. 15

Oct 15 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - GlaxoSmithKline Plc GSK.L is embroiled in a row with activist investor Bluebell after it called for the replacement of the drugs group's chairman and chief execut
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'Suez Canal on rails' - Egypt signs $4.5 bln high-speed rail deal

* Siemens to build link with two Egyptian firms * Line designed to carry freight and passengers * Further links planned to connect southern Egypt By Momen Saeed Atallah CAIRO, Sept 1 (Reuters) - Egypt has signed a $4.45 billion deal for a high-speed electric rail line to link its Red Sea and Mediterranean coasts that contractor Siemens SIEGn.DE dub
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Egypt signs $4.45 bln contract for high-speed rail link

CAIRO, Sept 1 (Reuters) - Egypt's has signed a $4.45 billion contract for development of a high-speed electric rail line that will link the Red Sea and Mediterranean coasts and be built with a consortium led by Siemens SIEGn.DE , a cabinet statement said on Wednesday. The contract will cover the design, implementation and maintenance of the rail li
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European shares notch fourth straight record high on earnings strength

* Novo Nordisk among top boosts * Zalando, Adidas knock down retail sector * Mining stocks down on Chinese demand fears * BoE outlines plans for reducing stimulus By Sruthi Shankar and Ambar Warrick Aug 5 (Reuters) - European stocks ended at record highs on Thursday, as strong results from Novo Nordisk and Siemens helped outweigh weak mining stocks
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