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Siemens is well placed to adapt business in U.S.: CEO
FRANKFURT German trains-to-turbines group Siemens is well placed to do business in the United States, regardless of whether President-elect Donald Trump backs fossil-fuels at the expense of renewable energy, its CEO told a newspaper."The good thing is that we can offer everything. Steam power plants that are powered by coal,
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Sony Entertainment CEO exiting for top role at Snap
By Lisa Richwine | LOS ANGELES LOS ANGELES Sony Entertainment Chief Executive Michael Lynton will step down to become chairman of
Dollar on defensive, Asia stocks subdued amid U.S. trade unease
SYDNEY The dollar was under pressure in Asia on Tuesday as U.S. President Donald Trump's focus on trade protectionism fueled suspicions his administration might seek a competitive advantage through a weaker currency.The talk of trade wars favored safe-haven Treasuries and
Nuclear write-down leaves Toshiba with $3.5-billion loss in third-quarter: Nikkei
TOKYO Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen ($3.52 billion) in the nine months through December, the Nikkei reported on Sunday.The loss is largely due to a goodwill impairment of around 600
