German engineering and electronics group Siemens has posted a 67 percent slump Siemens board member resigns amid corruption allegations ...
Report: Germany Trained Forces from China and Uzbekistan ...
Germany Scraps Transrapid Rail Plans ...
Siemens to cut 6,800 jobs at SEN ... in its second quarter net profit.
In all, Siemens made just over 400 million euros in the second quarter to March. The fall in profits follows a comprehensive review of its broad range of industrial projects. The Munich-based company had already lowered its profit forecast in March due to the problematic projects.
(Deutsche Welle)
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