Siemens plans to offer more than $6.1 billion for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.» Read More
Germany’s economy is the third largest in the world in terms of GDP, after the United States and Japan, with a $3.3 trillion GDP in 2007. Here are stats and stocks from Germany.
Singapore Airlines was voted the best in the world for the second consecutive year by an annual survey of passengers which was dominated by Asian and Gulf Arab carriers, including Australia's Qantas.
Things may be looking pretty grim for the European economy, but is there still money to be made from understanding how consumer trends are shifting? Here are some opinions on which areas might be more profitable than others in the current environment.
German engineering group Siemens posted a stronger-than-expected rise in new orders and revenue thanks to large projects in its industry and energy businesses, sending its shares up 6 percent.
German industrial conglomerate Siemens plans to cut around 4 percent of its workforce as part of an overhaul and as a result of the global economic downturn, Siemens said on Tuesday.
Coal’s future role as a key source of US electricity depends on dramatically reducing its carbon emissions. So-called clean coal is an expensive and technologically challenging endeavor, but given America's vast reserves it may very well be worth it.
The first criminal trial in a mammoth bribery probe at German engineering giant Siemens began on Monday and the prosecutor warned that it should send a signal to corporations that corruption would not be tolerated.
China will issue three Licenses for high-speed third-generation mobile phone services and called for a merger of China Unicom and China Netcom, two of its four biggest telecoms providers, in a long-awaited industry revamp.
Europe’s first quarter GDP growth was surprisingly strong, with Germany in particular benefiting from booming exports to the emerging world. Unfortunately it does not look like this will continue.
Earnings out of Europe were mixed Wednesday as telecom giant Alcatel-Lucent cuts its telecom market forecast and reported a bigger-than-expected first-quarter net loss.
Some say, “As goes GE so goes the economy.” With earnings due out Friday morning, what should you expect?
Takeda Pharmaceutical plans to spend some $5 billion to buy out Abbott Laboratories stake in their 50-50 U.S. joint venture, a source close to the deal said on Wednesday.
Singapore Airlines said on Tuesday it was still in talks with China Eastern over acquiring a stake, as it seeks to get a foot into the world's fastest-growing aviation market and offset slower demand in the Americas.
Engineering group Siemens issued a profit warning after a review of major projects at three operations, sending its shares down as much as 7 percent in pre-market trading on Monday.
Cramer makes the call on viewers' favorite stocks.
Siemens will cut 6,800 jobs at its corporate telecoms unit -- two-fifths of the unit's workforce -- to reshape the business into a software provider as it seeks to divest the division, it said on Tuesday.
Insurer UnitedHealth Group won U.S. antitrust approval on Monday to buy Sierra Health Services, despite criticism of the deal.
Stocks closed sharply higher after Standard & Poor's reaffirmed the triple A ratings on two big bond insurers, sparking an explosive rally.
More trouble from the financial sector threatened yet again to thwart a mild rally on Wall Street.
Singapore Airlines said on Monday that its offer to buy a stake in China Eastern Airlines was still valid, but said it had no plans to revise its existing bid for the mainland carrier.