Company: Siemens AG

T-Mobile USA on Tuesday said that Nokia Siemens Networks and LM Ericsson AB will supply the network equipment for its new wireless broadband network, a project worth $4 billion.

KUALA LUMPUR (Reuters) - Shares of AirAsia Bhd <AIRA.KL> declined as much as 3.9 percent on Thursday after it called off the $364 million share swap deal inked with Malaysian Airline System Bhd (MAS) <MASM.KL> in August last year.

SINGAPORE (Reuters) - Asian shares slipped on Thursday and the euro wallowed near a two-week low after disappointing data from both sides of the Atlantic rekindled concerns about the strength of the global economic recovery.

YUEQING, China (Reuters) - Welder Zhang fires up his blow torch and looks up at the towering, 8,800-tonnes oil tanker that is likely to be his last job at China's privately owned Qiligang Shipbuilding Co.

YUEQING, China (Reuters) - Welder Zhang fires up his blow torch and looks up at the towering, 8,800-tonnes oil tanker that is likely to be his last job at China's privately owned Qiligang Shipbuilding Co.

Wal-Mart Stores may not find the math easy when it tries to assess the potential criminal liabilities from an alleged bribery scandal and possible cover-up at its Mexican unit.

Siemens, the German industrial giant, says it will not meet its full-year targets following a series of write-downs on a major offshore wind project and its telecoms equipment joint venture with Nokia.

A glut in solar panels has driven down prices, and the oversupply may take a while to clear, according to industry executives. At the same time, low-cost natural gas is making gas-fired plants more attractive. the New York Times reports.

Large, multinational conglomerates considering a crash diet may want to think twice if they wish to reward shareholders: the argument that smaller is better is a little less persuasive these days.

Volkswagen and PSA Peugeot Citroën are looking at tapping a European Central Bank loan program designed to aid euro zone banks in a move that could help ease funding costs for the region’s carmakers, the Financial Times reports.

Sovereign default worries have made Europe's shares the cheapest they've been to American investors since 2004.

Nokia Siemens Networks has raised more than 1.2 billion euros ($1.54 billion) of finance from a consortium of 14 European and US banks in a vote of confidence from the lending market in the troubled telecoms equipment maker’s strategic overhaul.

The U.S. Commerce Department said on Thursday it was launching an investigation that could lead to steep import duties on more than $100 million worth of wind energy towers from China and Vietnam.