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SHANGHAI, May 5- Siemens AG and China's State Administration for Industry and Commerce, a competition regulator, denied a Reuters report that the SAIC investigated the German group's healthcare unit and its dealers for "commercial bribery". "The SAIC has not launched a commercial bribery investigation into Siemens Healthcare Unit," a spokesperson for the...
The investigation, which has not previously been reported, follows a wide-reaching probe into the pharmaceutical industry in China that last year saw GlaxoSmithKline Plc fined nearly $500 million for bribing officials to push its medicine sales. "We are not aware of any situation that conforms to what you describe," said Germany- based spokesman Matthias...
What if, with the flick of a switch, you could turn your light fixture into a music player, or perhaps a home monitor?
Siemens plans to cut 7,800 jobs worldwide, or about 2 percent of its workforce, to complete a wide-ranging restructuring of the company.
Joe Kaeser, CEO of Siemens, says China is an attractive market to operate in, whereas Russia remains "complicated."
Joe Kaeser, CEO of Siemens, discusses the change of management in the power and gas and healthcare business, saying the company needs the "next generation" of people for the company's development.
Joe Kaeser, CEO of Siemens, defends the company's $7.6 billion takeover of Dresser-Rand in the face of a low oil price.
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CEOs got their deal-making mojo back in 2014, emboldened by a clearer outlook for their businesses to take M&As to their highest level since 2007.
China Railway Construction's shows ambitions to become a global force in transport projects and take on the likes of Siemens, Alstom and Bombardier.
Since the election of Prime Minister Narenda Modi six months ago, the prospect of better times ahead has not yet persuaded firms to invest in India.
A Microsoft Data Plant in Wyoming uses fuel cells and anaerobic digesters for zero-carbon power.
Mexico has revoked a $3.75 billion high-speed rail contract from a Chinese-led consortium after its uncontested bid prompted an outcry from lawmakers.
European shares closed mixed on Thursday, after ECB President Mario Draghi hinted as to the possibility of further aggressive stimulus measures.
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Joe Kaeser, CEO of Siemens, says that despite Germany's economy being strong the company does see some slowdown in the economy.
Joe Kaeser, CEO of Siemens, says there is "strategic rationale" behind continuing to carve up the company's health care businesses.
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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.