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The Latest Breaking News from Siemens

Siemens to withdraw from Russia after 170 years

The German company has already taken a €600 million hit from sanctions on Russia

Evening Standard

Earnings Preview: Siemens

Siemens (OTC:SIEGY) is set to give its latest quarterly earnings report on Thursday, 2022-05-12. Here's what investors need to know before the announcement. Analysts estimate that Siemens will report an earnings per share (EPS) of $0.91.

Benzinga

Best smart dishwashers for easy and energy-efficient cleaning

“Hey Alexa, turn my dishwasher on”

Evening Standard

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read the most diverse news in one place.

RaisE-ing the rail game for the North - new business centre 'opens doors to sector for SMEs'

£8m Goole investment sits beside Siemens Mobility's new train manufactruring plant

Birmingham Post

Siemens And Nexii Introduce Pre-Fabricated EV Charging Stations

Siemens partners with green construction technology company Nexii to present the VersiCharge XL pre-fabricated charging station concept.

RideApart

Blinken on Ukraine: ‘Suffering is likely to get worse before it gets better’ – as it happened

US secretary of state in Brussels for Nato meeting on Ukraine crisis where he condemns Russian ‘attacks on civilians’ – follow all the latest

The Guardian - US

Siemens Expands US Manufacturing Footprint With $54M Investment

Siemens AG (OTC:SIEGY) plans to invest $54 million in existing and new sites in Texas and California that develop electrical equipment for critical infrastructure systems, including EV charging, data centers, and industrial installations. The investment also encompasses a soon-to-be chosen manufacturing location for EV charging equipment, spurring domestic manufacturing of Level 2 charging.…

Benzinga

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Japan’s Toshiba CEO Steps Down amid Restructuring Efforts

Toshiba’s Chief Executive Satoshi Tsunakawa is stepping down, as the embattled Japanese technology giant seeks to restructure and restore its reputation. Tsunakawa will be replaced by Taro Shimada, an executive officer and corporate senior vice president, under a decision made at a Toshiba board meeting Tuesday, the Tokyo-based company said.…

Asharq Al-Awsat

North East tech firms help Siemens build factory and warehouse robot

Gateshead's Parmley Graham and Sunderland's AR Controls have partnered with the engineering giant to target a £2.3bn market

Birmingham Post

Revealed: Credit Suisse leak unmasks criminals, fraudsters and corrupt politicians

Massive leak reveals Swiss bank’s accounts have been used by an array of high-risk clients over several decades

The Guardian - UK

Siemens, Ford Collaborate On F-150 Lightning Charge Station Pro

We examine the announcement that the Ford Charge Station Pro, an 80-amp EVSE developed in collaboration with Siemens, has received UL certification.

InsideEVs

Dan Evans obituary

Other lives: Senior team leader in the healthcare research and development arm of Siemens

The Guardian - UK

Siemens Clocks 17% Revenue Growth In Q1; Discloses Asset Divestment Plans

Siemens AG (OTC:SIEGY) reported first-quarter FY22 revenue growth of 17% year-on-year to €16.5 billion. Orders rose 52% Y/Y to €24.2 billion. Orders increased 42%, and revenue rose 9% on a comparable basis. Profit Industrial Business increased 12% Y/Y, to €2.5 billion, and the corresponding profit margin came in at 15.7% (Q1 2021: 16.5%). The basic…

Benzinga

Germany's Siemens sees profit up 20%, raises dividend

Germany Siemens AG saw net profit at the global maker of trains and industrial equipment rise 20% to 1.8 billion euros in the last three months of 2021

The Independent UK

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The Guardian - UK

Wall Street drops as interest rate rises loom after US inflation hits 7.5% – as it happened

Rolling coverage of the latest economic and financial news

Birmingham Post

The East Midlands businesses helping young people during National Apprenticeships Week

News from BHW Solicitors, Purpose Media, Redrow, MIRA Technology Institute, Siemens, ALB Group and others

Asharq Al-Awsat

SABB, Siemens Sign Deal to Create Smart Building Technology

The Saudi British Bank (SABB) has signed an agreement with Siemens to provide smart building services for SABB’s new headquarters, making the 30-story tower a model of digitally enabled efficiency, comfort, and sustainability. SABB selected Siemens to supply the services at SABB Tower in Riyadh.

Insider UK

Port of Nigg selected by Siemens Gamesa as turbine assembly port for Moray West

Subject to award of a Contract for Difference, the wind turbine components will be marshalled prior to installation through 2024

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