Siemens Energy Sees Profit in 2024 After Government Intervention
Siemens Energy AG sees a return to profit in the coming fiscal year after a government-led deal boosted
2023-11-15 14:18
Nidec Plunges Most Since 2011 After EV Malaise Hits Profit
Nidec Corp. slumped the most in more than 12 years after reporting quarterly earnings that missed estimates, underscoring
2023-10-24 14:55
Philips Lifts Outlook on Continued Supply-Chain Improvement
Royal Philips NV raised its full-year outlook after supply-chain constraints eased to give some breathing room to the
2023-10-23 13:57
Ericsson Says Weakness Persists in Quarter After Sales Miss
Ericsson AB said market weakness that has depressed sales will persist into the fourth quarter as the company
2023-10-17 14:20
Toshiba to Go Private as $13.5 Billion Buyout Offer Succeeds
Private equity fund Japan Industrial Partners Inc.’s successful tender offer for Toshiba Corp. paves the way for a
2023-09-21 12:47
Tesla to Surge Thanks to Dojo Supercomputer, Morgan Stanley Says
Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster
2023-09-11 16:58
Race for Critical Metals Lures Crime Ring in Massive Copper Scam
The history of commodity markets is littered with fraud and risk, and the opaque trade in scrap metal
2023-09-02 15:49
Copper Smelter Aurubis Says It Is Victim of Huge Metal Scam
Europe’s top copper producer Aurubis AG warned it may face losses in the hundreds of millions of euros
2023-09-01 15:59
Agnellis’ Exor Buys 15% Stake in Philips for Around $2.8 Billion
The Agnelli family’s Exor NV bought a minority stake in Dutch medical technology company Koninklijke Philips NV. Exor,
2023-08-14 13:59
Siemens Profit Weighed Down by China Decline, Wind-Turbine Loss
Siemens AG’s earnings fell short of analyst estimates as the company saw demand for its digital industries unit
2023-08-10 13:21
Tesla Replaces CFO as Kirkhorn Ends 13 Years at the EV Maker
Tesla Inc. Chief Financial Officer Zachary Kirkhorn stepped down after 13 years at the electric-vehicle maker, a surprise
2023-08-07 23:53
Siemens Energy Reviews Wind Business on Seeing €4.5 Billion Loss
Siemens Energy AG is scrutinizing its wind business for a strategic reset after heavy costs related to ongoing
2023-08-07 13:29