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Business Jan 17, 2019

Siemens, Alstom raise doubts about mega merger

Confidence that the politically sensitive merger of their rail businesses would be waved through by the European Commission was ebbing at both Siemens and Alstom Thursday.

Economics & Business Jan 2, 2019

Board independence protects firms from corporate misconduct

The more a company's board is independent from management, the less likely it will become entangled in corporate misconduct, according to new findings, from a meta-analysis of 135 studies, published in The Journal of Management. ...

Business Dec 13, 2018

Siemens wins Canada train contract over Bombardier

German manufacturer Siemens saw off Canadian rival Bombardier to clinch a Can$989 million contract to produce 32 trains, Canada's state-subsidized passenger rail company announced Wednesday.

Business Dec 12, 2018

Alstom, Siemens offer Brussels merger concessions

French and German engineering giants Alstom and Siemens said Wednesday they had offered EU regulators concessions they believed would meet concerns over the planned merger of their railway businesses.

Business Nov 20, 2018

Siemens to build new London Underground trains

German manufacturing conglomerate Siemens will build almost 100 new trains to replace the decades-old rolling stock on London Underground's Piccadilly Line, the group said in a statement Tuesday.

Energy & Green Tech Nov 15, 2018

Can we produce enough green hydrogen to save the world?

Around a fifth of all greenhouse gas emissions are produced by industries such as steel and cement so if we're going to work towards an emission-free society then this is a good place to start. And one promising technology ...

Nanomaterials Nov 14, 2018

Scientists combine graphene foam, epoxy into tough, conductive composite

Rice University scientists have built a better epoxy for electronic applications.

Business Nov 8, 2018

Siemens delivers upbeat outlook despite profit drop

Industrial equipment and technology company Siemens says its net profit fell 46 percent in the most recent quarter due to expenses for severance and higher tax.

Business Aug 23, 2018

Siemens could cut up to 20,000 jobs: report

German engineering giant Siemens sees potential for axing up to 20,000 jobs worldwide as part of a major cost-cutting drive, the monthly Manager Magazin reported on Thursday.

Energy & Green Tech Aug 23, 2018

Report confirms wind technology advancements continue to drive down wind energy prices

Wind energy pricing remains attractive, according to an annual report released by the U.S. Department of Energy and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab). At an average of around 2 cents per kilowatt-hour ...

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