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...That was mainly due to a multibillion mandate from Siemens which had been erroneously treated as an active multi-asset one, and was reclassified as an advisory mandate in late 2022, they added....
...The US head of Siemens has urged companies to sell voters on the benefits of the Biden administration’s industrial policy, warning that a change of government could imperil the tax breaks and subsidies needed...
...But the driving force behind Siemens’ investment decision, Buller said, would be outlook on demand and growth....
...Siemens Energy AG: Shares in the German renewables-focused energy group climbed 12 per cent after it reported strong financial results and raised its outlook for 2024, with expected comparable revenue growth...
...as a 25 per cent stake in ailing Siemens Energy....
...ABB and Siemens are leading a €100mn fundraising round by Morrow Batteries, a start-up that aims to start producing in its home country of Norway by the end of next year....
...Miguel Ángel López Borrego, a former Siemens executive, took over as chief executive of Thyssenkrupp in June after his predecessor was ousted, partially because of slow progress on offloading TKMS and the...
...Healthineers and Siemens Energy....
...Sky News first reported the Siemens’ initiative. “We will vote to give the CBI a mandate to continue,” said Carl Ennis, chief executive of Siemens in the UK and Ireland....
...Those include medical technology unit Siemens Healthineers and Siemens Energy, which in turn owns renewable energy business Gamesa....
...Russia continues to blame supply disruption on delays to the return of Siemens Energy turbines used at an NS1 pipeline compressor station....
...Siemens’ new €200mn plant in Singapore, which is set to employ 400 people, will produce digital twin and “intelligent hardware” technologies for companies in the region....
...“The geopolitical aspect is a key topic for Siemens,” said Michael Klinger, a supply chain executive at the company....
...Fellow German industrial conglomerate Siemens has its own electrolyser unit. Listed manufacturers include the UK’s ITM and Norway’s NE. There are also more than a hundred start-ups....
...This article has been updated to remove a reference to Siemens as a home appliance manufacturer....
...That is roughly a tenth of Siemens’ market value....
...The supervisory board has tapped former Siemens executive, Miguel Ángel López Borrego, who currently heads German automotive supplier Norma Group, as her successor....
...Shares in Siemens Energy, of which Siemens still owns 35 per cent, have more than halved in the space of two years....
...That would make room for Diess and former Siemens executive Klaus Helmrich. “Now is the right time for changes,” said Eder....
...Electrolyser companies, which also include Norway’s Nel and Germany’s Siemens Energy and Sunfire, are crucial to the hydrogen economy because they make the technology that splits the fuel from oxygen in...
...Siemens Energy held a 59 per cent stake in the new company after that deal. Siemens Energy was spun out of Siemens in September 2020, and retained Siemens’ holding in Siemens Gamesa....
...Ubben suggested that Bayer should consider its structure, pointing to Siemens’ spin-off of its gas and power division and the listing of Volkswagen’s Porsche brand....
...enlargement of the Dax from 30 to 40 companies in the wake of the Wirecard scandal suggests greater variety, the index is actually still dominated by a few large industrial conglomerates and their spin-offs: Siemens...
...Siemens’ train-making unit, Siemens Mobility, has an agreement with Russian Railways to build high-speed trains....
...due to the turmoil engulfing its Spanish wind turbines business, Siemens Gamesa....
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