Technology is widely used in developed markets, but the size and scale of China make this a huge opportunity for tech firms and a problem for doctors.» Read More
FRANKFURT, Oct 17- German industry is learning how to profit from the upheaval and costs of the country's shift towards solar and wind energy. Greater reliance on renewables in Europe's biggest power market is making the peaks and troughs of electricity production bigger and less predictable, as the wind picks up or drops and the sun shines or disappears behind...
LONDON, Oct 17- British engineer Rolls-Royce warned on Friday that deteriorating economic conditions meant its profit would not rise next year as previously forecast, sending its shares plunging as much as 16 percent. Wherever you look there were signs of economic slowdown such as the fall in oil and iron ore prices, an absence of growth in Europe and a slowdown...
HANGZHOU, China, Oct 15- Liu Chunming almost died after a car crash in July in Taihe, a remote county in China's southeast Jiangxi province, but survived serious abdominal injuries thanks to specialist doctors who led his treatment from 1,000 kms away. Liu's case- one of a growing number of distance healthcare cases in China- reflects the rise in digital healthcare,...
*Deutsche Bank sees the euro falling to $0.95 by 2017. PARIS/ LONDON, Oct 8- The recent sharp slide in the euro and commodity prices is set to provide tailwind for European companies struggling against economic weakness, and soon break a streak of earnings downgrades that has already lasted 3-1/ 2 years. However, the euro's 10 percent drop in the past five months, and...
LONDON, Oct 7- A second day of grim German data and expectations for a cut in the International Monetary Fund's growth forecasts spooked European assets on Tuesday, as the recent spell of global financial market volatility continued. "Industrial production is currently going through a weak phase," Germany's Economy Ministry said in a statement.
*Iberdrola wants to make acquisition in the U.S. MADRID/ FRANKFURT, Oct 6- Spanish power firm Iberdrola has hired JPMorgan Chase& Co to sell some foreign renewable assets which could raise up to 2 billion euros to help fund an acquisition in the fast-growing U.S. market, three sources with knowledge of the matter said. Iberdrola's earnings suffered in Europe's...
FRANKFURT, Oct 4- German industrial conglomerate Siemens expects low profit margins at its energy division in the next couple of years and could close some factories as a result, the head of the division told the Boersen-Zeitung newspaper. Siemens strengthened it this year with the acquisitions of U.S.-based Dresser Rand as well as Rolls Royce's power unit.
Plans are advancing for a private high-speed luxury railway in Florida by the end of 2016.
Christophe de Maistre, chairman of Siemens France, says France's labor market is too rigid and costs need to be reduced.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
For some in eastern Europe, communism helps explains how two small countries managed to triumph in computing.
Smart home technology is state-of-the-art and undeniably cool. But does it help where it really matters— in consumers' pockets?
A Nashville ETF and robotics ETF are on a growing list of oddball market bets. We put them to the test: Do they hold up as investments?
Renewable energy stocks have been notoriously volatile, but there are more options now for investors to use less-risky green stock ETFs.
Peter Sorrentino, Senior Portfolio Manager at Huntington Asset Advisors, explains why Siemens and Mitsubishi Heavy are the winners of a "compromised deal" between General Electric and Alstom.
Gilles Sitbon, senior fund manager at Sycomore Asset Management, says a tie-up between Alstom and GE is "attractive" for both companies.
European shares finished Friday's session slightly higher, with investors contemplating M&A activity and ongoing tensions in Iraq.
GE will be allowed to proceed with its revised offer to buy Alstom's power and grid business as long as it meets certain conditions.
U.S. stock index futures pointed to a flat-to-lower open on Friday, after the news that Obama will send 300 military advisers to Iraq.
Siemens and Mitsubishi Heavy Industries raised their offer for Alstom's energy businesses to compete with a revised bid by General Electric.