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(...)

Siemens knows from bitter experience how difficult the French government can be. In 2004 it weighed a bid for Alstom’s energy assets but was stymied by Nicolas Sarkozy, then French finance minister.  Photograph:  Etienne Laurent/EPA

Siemens’s chief executive Joe Kaeser sketched the outlines of a plan that could transform Europe’s energy and transport businesses in February,(...)

Bundesbank president Jens Weidmann: says Berlin backed Ireland’s stance on bondholders.

Germany’s central bank threw its weight behind Ireland’s failed 2010 effort to burn bank bondholders at the outset of the crisis, according to Bundesb(...)

Siemens’ new chief executive Joe Kaeser has yet to lay out how he plans to reinvent the company to catch up with more profitable rivals. Photograph: Michaela Rehle/Reuters

Germany’s Siemens expects earnings growth to accelerate in its current financial year as new chief executive Joe Kaeser steps up efforts to catch mor(...)