Siemens Healthineers said measures to speed up installations of its new blood testing machines were bearing fruit, but ramp-up challenges would squeeze full-year profit margins at its diagnostics division. The German health technology firm is pinning its hopes
Siemens cheered investors by saying it would spin off its faltering 30 billion euro ($34 billion) gas turbines business and posting better-than-expected quarterly earnings. The German engineering company said it would hand over to existing investors shares in the Gas and Power unit
Leading global wind turbine manufacturers Vestas and Siemens Gamesa have roots in Denmark, which now covers around 30 per cent of its energy needs with renewables. The wind turbines filling fields nearby flag the origins of a future-focused business.
German health group Siemens Healthineers said on Sunday it was buying Varian Medical Systems Inc of the United States for $16.4 billion in a deal that seeks to create the global leader in cancer care solutions.
The Chief Executive Officer of Siemens Energy, Christian Bruch, and Emirates Global Aluminium (EGA) CEO Abdulnasser Bin Kalban have met to review progress on a highly-efficient power generation facility under construction