Siemens AG (SIEGn.DE)
17 Nov 2017
BERLIN Siemens employees protested in various German cities on Friday against the company's proposal to cut 6,900 jobs, which a senior Siemens official said could be revised after negotiations with the union. | Video
BERLIN, Nov 17 Siemens employees protested in various German cities on Friday against the company's proposal to cut 6,900 jobs, which a senior Siemens official said could be revised after negotiations with the union.
FRANKFURT Siemens will cut about 6,900 jobs, or close to 2 percent of its global workforce, mainly at its power and gas division, which has been hit by the rapid growth of renewables.
* Power industry experiences "unprecedented" disruption (Adds comment from German Economy Minister)
* Siemens could cut 4,000 jobs in restructuring - WSJ, citing sources
HELSINKI, Nov 14 Pohjolan Voima Oy (PVO), the largest shareholder in Finland's long-delayed Olkiluoto 3 nuclear reactor, could make additional compensation claims against suppliers Areva and Siemens following a recent setback, PVO said on Tuesday.
* Says Siemens rail merger is proceeding on track with their planned timetable
PARIS, Nov 14 French manufacturing group Alstom , which has agreed to merge its rail operations with Germany's Siemens, reported a surge in first-half net profit and kept its 2020 financial targets.
* SIGNED AGREEMENT WITH SIEMENS AG FOR DEVELOPMENT OF ZERO-EMISSION FUEL CELL ENGINE TO FOR SIEMENS' MIREO LIGHT RAIL TRAIN
Nov 10 Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 6,049.425 33.135 NZX 50** 8,021.09 -19.33 DJIA** 23,473.20 -89.20 NIKKEI** 22,868.71 -45.11 Nasdaq** 6,748.40 -40.753 FTSE** 7,484.1 -45.62 S&P 500** 2,583.78 -10.52 Hang Seng** 29,136.57 228.97 SPI 200 Fut 6,017.0 -26.0 STI**