Siemens returns to its roots with 600 million euros of Berlin investment

ZURICH (Reuters) – Siemens (SIEGn.DE) returned to its Berlin roots Wednesday and announced plans to invest up to 600 million euros ($ 681 million) in the construction of an industrial…

Siemens is investing up to 600 million euros in Berlin

Siemens boss Joe Kaeser looks during a contract signing in Berlin on 31 October 2018 on an innovation campus. REUTERS / Hannibal Hanschke ZURICH (Reuters) – Siemens returned to its…

GE's demolished dividend destroys shareholders' safety net

NEW YORK (Reuters) – General Electric Co shareholders suffered another blow on Tuesday. FILE PHOTO: The General Electric logo is displayed on the General Electric Offshore Wind Turbine in Montoir-de-Bretagne…

General Electric shows deeper regulatory investigation, restructuring

(Reuters) – General Electric Co (GENE.) has reduced its quarterly dividend to one penny a share, said it would restructure its power unit and face a deeper accounting probe as…

General Electric lowers the dividend, splits the power loss unit

FILE PHOTO: The logo of the Dow Jones Industrial Average listed company General Electric is being shown at its subsidiary GE Aviation in Santa Ana, California, USA, April 13, 2016.…

Supported by Singapore Airlines Vistara relies on a superior model in thrifty India

NEW DELHI (Reuters) – Vistara, a full-service carrier owned by local conglomerate Tata Sons and Singapore Airlines Ltd. (in the high-priced Indian aviation market) is supported (SIAL.SI), bids that it…

Hitachi agrees to buy Elliott's stake in Italy's Ansaldo STS, ending the feud

MILAN (Reuters) – Hitachi (Reuters)6501.T) has fought a bitter feud with US activist Elliott over Ansaldo STS (STS.MI) to buy the Fund's participation in the Italian railway signal group as…

Delta Air Lines is pleased with the contract rules for regional flights: CEO

MONTREAL (Reuters) – Delta Air Lines (DAL.N) Chief Executive Ed Bastian said on Friday he was satisfied with the pilot contract language that governs the outsourcing of regional flights and…

Trian calls for the resignation of PPG Industries CEO, wants to split the company

(Reuters) – Activist hedge fund Trian Fund Management said Thursday it wants to replace PPG Industries (PPG.N) Chief Executive with his predecessor and suggested that the US paint and varnish…

Exclusive: Toshiba is considering liquidating UK nuke unit NuGen as a sales pitch

TOKYO (Reuters) – Toshiba Corp (6502.T) is considering liquidating its British nuclear unit, NuGen, Thursday two people with direct knowledge of it, and had Britain look for alternatives to a…