By Steven Scheer JERUSALEM -Permission for El Al Israel Airlines to fly over Oman is expected in "a matter of days", chief executive Dina Ben-Tal said on Thursday, a move that would be a big...
By Arriana McLymore and Siddharth Cavale - Walmart (NYSE:WMT) Inc could face an uphill battle to reclaim U.S. shoppers who opted for the neighborhood dollar store or Aldi rather than driving...
Siemens said on Thursday it continued to see strong industrial demand during its third quarter, as costs related to its Siemens Energy investment and decision to quit Russia pushed the engineering...
The loss came after a EUR2.7 billion impairment on its investment in Siemens Energy and EUR600 million in Russia-related charges.
By John Revill ZURICH - Siemens reported better-than-expected revenues for its third quarter on Thursday as a writedown at Siemens Energy pushed the engineering and technology group into the red...
Siemens reported better-than-expected revenues for its third quarter on Thursday as a writedown at Siemens Energy pushed the engineering and technology group into the red for the first time in...
Siemens Energy says it is ready to return the turbine to Russia after carrying out maintenance work in Canada. Moscow, however, says economic sanctions imposed by the West following the Kremlin's...
By Selena Li HONG KONG - HSBC has appointed Patrick Boumalham as its new global head of wealth sales within its markets division, effective in September, according to an internal memo seen by...
ZURICH - Bluebell Capital Partners still wants a seat on the board of Richemont after the luxury group called on shareholders to reject its candidate and vote for a current board member to...
By Shreyashi Sanyal -European shares rose on Monday, lifted by cyclical and growth stocks, after clocking falls in the previous week when a strong U.S. jobs report rekindled bets of another...
Siemens Energy AG registered a quarterly net loss of 390 million euros in the period ended June 30. The adjusted loss before interest, taxes and amortization was EUR429 million. The company said...
Siemens Energy on Monday blamed a 200 million euro ($204 million) charge related to the wind-down of its Russian business for a wider net loss in 2022, but said it was still prepared to maintain...
The German energy company said it recorded a quarterly net loss of 390 million euros ($397m) in the period ended June 30 from a loss of EUR230m the prior year.
A look at the day ahead in markets from Anshuman Daga Recession? What recession? Lingering worries about a big U.S. slowdown were blown away last Friday after July payrolls data smashed market...
By Peter Nurse Investing.com - European stock markets are expected to open marginally higher Monday, at the start of a week that includes the release of key U.S. inflation and U.K. GDP data as...
FRANKFURT - Siemens Energy, which supplies equipment to the power industry, on Monday warned of a deeper than previously expected net loss in 2022, on a charge of around 200 million euros ($204...
Siemens Energy, which supplies equipment to the power industry, on Monday warned of a deeper than previously expected net loss in 2022, on a charge of around 200 million euros ($204 million) due...
BERLIN (AP) — German Chancellor Olaf Scholz inspected a mechanical turbine at the center of a natural gas dispute and declared Wednesday “there are no problems” with the part besides information...
By Christoph Steitz MUELHEIM AN DER RUHR, Germany -German Chancellor Olaf Scholz on Wednesday said Russia had no reason to hold up the return of a gas turbine for the Nord Stream 1 pipeline that...
BERLIN - Siemens' new supervisory board is committed to doing away with the portfolio policy of the past, said influential employee representatives on the board, who added that they were opposed...
Global Markets Slump With Terrified Traders Tracking Pelosi's Next Move Forget inflation, stagflation, recession, depression, earnings, Biden locked up in the basement with covid, and...
By Isla Binnie and Christoph Steitz MADRID/FRANKFURT - Wind turbine maker Siemens Gamesa is considering around 2,500 job cuts, or about 9% of its workforce, as part of efforts to recover from...
MOSCOW -Delivery of a Nord Stream 1 gas turbine to Germany from Canada after maintenance was not in line with the contract, Gazprom (MCX:GAZP)'s senior manager said on Friday, stepping up...
BERLIN - Siemens Energy on Wednesday said it had not received any damage reports regarding the turbines of Nord Stream 1 gas pipeline from Russia's Gazprom (MCX:GAZP) so far, adding it did not...
Siemens Energy on Wednesday said it had not received any damage reports regarding the turbines of Nord Stream 1 gas pipeline from Russia's Gazprom so far, adding it did not have access to the...
MOSCOW -The bickering over a turbine Moscow says is to blame for a reduction of gas flows via Nord Stream 1 has put into focus the equipment the pipeline needs to operate. At the heart of the...
MOSCOW -The Kremlin said on Tuesday that a gas turbine for Nord Stream 1, Russia's biggest gas pipeline to Europe, had not yet arrived after maintenance in Canada and that a second turbine was...
MOSCOW -Russian natural gas giant Gazprom (MCX:GAZP) said on Monday that sanctions were still hampering maintenance of the Nord Stream 1 gas pipeline, a strong signal that energy supplies to...
BERLIN (AP) — Russia's Gazprom raised more questions Monday about the return of a part that has been at the center of tensions over natural gas deliveries through a major pipeline to Europe,...
Siemens Energy and Air Liquide have announced plans to set up a joint venture focused on the production of "industrial scale renewable hydrogen electrolyzers in Europe" Hydrogen has a diverse...
