Germany's Siemens wins $224M US contract to modernize Libyan power network
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German industrial conglomerate Siemens AG said Monday it had won a $224 million US order to modernize Libya's electricity network.
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US private equity firm Colony Capital  buys Libyan oil company Tamoil  in a deal valuing it at 4bn euros.
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German electronics giant Siemens said that its Siemens Business Services unit had signed a 2.7-billion-euro (3.3-billion-dollar) contract to supply technology services to the British Broadcasting Corporation.
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Siemens have landed a ten-year deal to provide IT services to the BBC in an outsourcing contract, worth about Â£200m a year. The German technology group has been selected as part of a cost-cutting initiative
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Two new investigations Siemens has revealed that it is under investigation by the US Department of Justice over allegations that it paid out some â¬420m in bribes to help it secure telecoms contracts outside of Germany.â¦
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Austrian regulators have approved Siemens AG's bid to take over engineering competitor VA Technologie AG, Austrian radio said Friday.
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US conglomerate Ingersoll-Rand buys temperature control firm Trane for $10.1bn.
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Siemens says its new wireless LAN is the first to run full 802.11n on normal power over Ethernet.
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Siemens AG, Germany's largest engineering company, said it won a 46 million euro (US$57 million) contract to supply Vietnam Railways with diesel-electric locomotives.
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Libya signed a deal Friday to pay $35 million in compensation to more than 160 victims of a Berlin nightclub bombing in 1986, taking another major step toward ending its international isolation.
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ManTech International Corp. of Fairfax won a $20.9 million contract from the Air Force to provide network and telecommunications services in Europe and in Turkey.
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Nokia Siemens Networks  said  on Monday it had won an order worth $935 million from Kuwait  telecom operator Zain  to build second- and  third-generation mobile networks in Saudi Arabia.
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Qatar and Norsk Hydro  have awarded General Electric  and Doosan Heavy Industries  a contract to build a 1,250 megawatt power plant for an aluminum smelter, the companies said on Wednesday.
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German industrial giant Siemens has signed a â¬2.69bn contract to deliver technology services around the world to the BBC, a deal that will see it acquire the broadcasterâs technology subsidiary.
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TRIPOLI: Libya signed a deal yesterday to pay $35 million (BD13m) in compensation to mainly German victims of a Berlin nightclub bombing 18 years ago.
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A subsidiary of the German engineering giant Siemens has landed a 2.7bn euros outsourcing contract with the British Broadcasting Corporation (BBC).
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Nokia Siemens Networks  said on Monday it had won an order worth $935 million from Kuwait telecom operator Zain  to build second- and third-generation mobile networks in Saudi Arabia.