Siemens posts better than expected Q4 industrial profit

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Siemens posts better than expected Q4 industrial profit

Britney Summerl… 0 795 01.22 00:40
"Not a single rational argument on why these weapons cannot be supplied, only abstract fears and excuses.





The email being sent to staff today reads: 'In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday.

ZURICH, Oct 13 (Reuters) - Siemens has signed a deal a with a joint venture of Stellantis, Mercedes Benz and TotalEnergies to supply equipment and technology for electric vehicle battery plants, the German engineering company said on Thursday.

Apple said earlier this month that the iPhone 14 models contain new hardware that makes possible the emergency message service, which Apple plans to turn on with a software update coming in November.

Apple did not give details about the satellite-specific hardware.



At least 100 people died and about 140,000 were evacuated when the two Central Asian nations, both of which are allied with Russia, clashed in a border dispute on Sept.14-16, using tanks, aviation and rocket artillery.

Bob Roth, co-owner of RoMan Manufacturing, a producer of transformers and glass-molding equipment in Grand Rapids, Michigan, said the only place where his company has seen cost relief recently was with declining copper prices.

"We're not giving it back until our arms are really twisted," he said of the company's price increases.

In fact, the rapidly-changing price environment led RoMan to change requirements so customers only have 15 days to lock in contract pricing compared with the 90 days it previously offered.

In December 2019, Australia's Federal Court ordered Volkswagen to pay $125 million for masking emissions from its diesel vehicles - the second largest penalty issued for a breach of Australian Consumer Law.

PARIS/LONDON, Sept 21 (Reuters) - French industrial group Schneider Electric said it would proceed with a full takeover of British software company Aveva Plc, offering 31 pounds per share in a deal valuing the whole of Aveva at around 9.48 billion pounds ($10.8 billion).







DUSHANBE, Sept 21 (Reuters) - Tajikistan accused Kyrgyzstan on Wednesday of failing to withdraw military hardware from their mutual border after last week's deadly conflict and hiding it instead, a charge Bishkek denies.

Many of Australia's most popular diesel vehicles are involved in "one of computer vision software development the biggest claims in Australia's legal history" alleging Toyota used "defeat devices" to hide vehicle emissions and evade Australian standards.



Ericsson's UK and Ireland chief executive Katherine Ainley said British universities were doing world-beating research in some of the technologies that would underpin next-generation networks.

Nov 7 (Reuters) - German auto supplier Bosch has agreed pay $25 million to resolve California's probe into the company's role in the diesel emissions scandals at Volkswagen and Fiat Chrysler, state Attorney General Rob Bonta said on Monday.



"We remain committed to mobile software development services our strategy to separately list our E-mobility business subject to constructive market conditions," ABB CEO Bjorn Rosengren said in a statement.





'I have to be here because it's not a good thing to be too ahead because then you lose the audience.'

'It's not that I'm not right, sometimes I'm just not right now,' he said.

The DoJ sued to block the deal in September, saying that a merger of Assa Abloy and the HHI unit would give the Swedish company a "near monopoly" share of the mechanical door lock market and could lead to higher prices and reduced innovation for homeowners who want to buy premium mechanical door hardware or smart locks.



KABUL, Sept 10 (Reuters) - A Black Hawk helicopter crashed during a Taliban training exercise in Afghanistan's capital Kabul, killing three, the group's defence ministry said on Saturday.

He seemed pretty reasonable, with no extreme hang-ups and had spent the years up till now variously farming, working as an engineer with Médecins sans Frontières (Doctors Without Borders) in Sudan, and wrote on his CV that he was 'good at coping in a crisis'.
(Phew!)

So Roger, the next person I interviewed, seemed ideal.

He had a degree in engineering, he was like-minded — I'm quite young in my views and he's quite mature, I'd say.

China stocks fell earlier as tech firms listed in Hong Kong slumped 2.2%, with food delivery firm Meituan down 5.7%.

Tencent said it would return capital to shareholders through a dividend distribution of its $20.3 billion stake in Meituan, as its sales fell for a second straight quarter.

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