Beleagured Siemens chief stays defiant
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Siemens supervisory board chief Heinrich von Pierer said he had no intention of stepping down over a bribery and embezzlement probe at the German engineering giant, in an interview.
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The CEO of the embattled internet company hopes to avoid a takeover, while trying to reassure his workers -- even though many stand to lose their jobs regardless of what happens.
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The online specialist endures a rocky shareholder meeting.
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The company behind the giant Three Gorges Dam project is reported to be refusing to obey an official order to halt work on environmental grounds.
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Business is booming at Siemens under the new chief executive. Yet the coming trials of some former executives have kept the company operating under a cloud.
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German engineering conglomerate Siemens  posted first-quarter profits on Thursday that beat  expectations, but it failed to present a solution for its  ailing mobile-phones business or a clear full-year outlook.
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Shares of German engineering conglomerate Siemens AG  have been rising in recent months in spite of negative publicity and scandals as a new chief executive continues his restructuring, Barron's reported in its February 26 edition.
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Siemens AG tried Sunday to blunt fierce criticism from politicians, labor unions and the media for unloading its mobile phone business on a Taiwanese company which has failed to keep it afloat.
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NEW YORK, Sept. 18 -- The chairman of the agency that owned the World Trade Center defended his decision not to ask employees to move into the proposed Freedom Tower at Ground Zero because of the attacks on the twin towers.
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A Sprint official acknowledges, however, that the carrier's full-scale deployment still awaits budget approval by new management.
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The man behind a plan to take Premier League matches around the world insisted that he remained on track to turn his controversial proposals into reality.
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Jacques Barrot, Europe&#39;s new transport chief, last night clung to office despite a continuing row over his failure to disclose his amnestied conviction in connection with a French political party funding scandal.
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Is the Defense chief dragging his feet on intelligence?
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Advanced Micro Devices is building a new plant in Germany but still needs outside assistance to meet expected demand.
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Darrell Hair says he will umpire at the Champions Trophy but the ICC refuses to confirm or deny this.
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The chief executive of Deutsche Bank ruled out any merger with a very large partner in an interview published Sunday and said Germany s biggest bank has no intention of being taken over.
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Siemens (SIEGn.DE) Chief Executive  Klaus Kleinfeld denied any knowledge that the German  engineering conglomerate was paying bribes in exchange for  contracts, German magazine Focus reported on Saturday.