Joe Kaeser, chief executive officer of Siemens: “The biggest economic damage from these attacks is on confidence and confidence is a crucial element in this phase.”  Photograph: Krisztian Bocsi/Bloomberg

Heightened political risk in Europe is damping companies’ investment plans and fuelling concerns about a global growth slowdown, the head of Europe’s(...)

European Competition Commissioner Margrethe Vestager:  the  European Commission has approved Siemens’s planned $7.6 billion acquisition of Dresser-Rand. Photograph: Yves Herman/Reuters

The European Commission approved Siemens’s planned $7.6 billion acquisition of Dresser-Rand after deciding that the deal won’t hamper competition in t(...)

Half of the new job cuts will come in Germany Photograph: Reuters

German industrial group Siemens posted a slightly larger-than-expected 5 per cent drop in quarterly industrial profit as a weak result at its digital(...)

A Siemens logo is pictured at an office building of Siemens  in Munich. Siemens plans to cut about 7,800 jobs, about 2 percent of its global workforce. Photo: Reuters

Siemens plans to cut about 7,800 jobs, about 2 percent of its global workforce, as chief executive officer Joe Kaeser needs to slash costs at Europe’s(...)

Siemens chief executive Joe Kaeser: “We are still open for talks.” Photograph: Arnaud Fevrier/Bloomberg

The chief executive of Siemens said yesterday the German engineering group was ready to resume negotiations with Alstom and the French state should th(...)

Siemens said its offer for Alstom’s power business was ‘superior industrially, financially and socially’ to that of General Electric, and reaffirmed pledges to create new jobs in France. Photograph: Chris Ratcliffe/Bloomberg

Siemens and Mitsubishi Heavy Industries added a billion euros to their offer for French multinational Alstom’s energy business today, hoping to see of(...)

Siemens Ireland employs 600-800 staff at its various manufacturing facilities in Dublin and Donegal. Photograph: Lukas Barth/Reuters

The chief executive of German conglomerate Siemens said up to 11,600 jobs could be at risk in a restructuring plan he unveiled earlier this month that(...)

Assembling a gas turbine at Siemens in Berlin: the company is trying to reposition itself to take advantage of growth in the energy sector. Photograph: Michele Tantussi/Bloomberg

The head of the German electronics and engineering giant Siemens said last week that the company would not be strong-armed into acquiring the power un(...)

The Alstom board considers its options as GE and Siemens eye up the French engineering group that makes turbines for the energy industry and TGV high-speed trains.

General Electric of the US and Siemens of Germany ­yesterday launched charm offensives to win France’s socialist government over to their compe(...)

Siemens considers Alstom’s energy assets to have an enterprise value of €10 billion to €11 billion.  Photograph:  Etienne Laurent/EPA

The French government has postponed a meeting with General Electric to discuss the US manufacturer’s bid for French rival Alstom’s energy busin(...)