Siemens to Spin off Power and Gas Business
"The company is now what [CEO] Joe Kaeser has always wanted it to be ... an integrated concern in which all entities are strategically interlinked.”
No Pain, Just Gain for Supply Chain
Supply chain financing lets companies stretch payment terms without hurting their suppliers’ cash flow.
Siemens Job Cuts Target Gas Turbine Business
The German manufacturing giant will lay off 6,900 workers as it adjusts to the global surge in solar and wind capacity.
Robots Help Siemens Cope in Brazil
Subsidiary’s CFO recounts how robots have helped sustain productivity during the country’s prolonged crisis.
Siemens to Buy Mentor Graphics for $4.5B
The acquisition of a pioneer in design automation software "decisively extends" Siemens's portfolio of tools for digitizing factories.
The Anti-Bribery Business
As the enforcement of anti-bribery laws increases, there are risks that it may go too far.
Siemens to Spend $7.6B for Dresser-Rand
The German engineering company has to pay a premium to mount a bigger push into the U.S. oil and gas business.