General Electric proposes 1,400 job cuts in Switzerland

[ad_1] The logo of General Electric is seen at its plant in Baden, Switzerland November 15, 2017. REUTERS/Arnd Wiegmann ZURICH (Reuters) – General Electric GE.N announced plans on Thursday to…

Hong Kong stocks fall on Sino-U.S. tensions

[ad_1] * HK->Shanghai Connect daily quota used 9.6%, Shanghai->HK daily quota used 3.8% * HSI -0.8%, HSCE -0.6%, CSI300 -0.3% * FTSE China A50 -0.3% Dec 8 (Reuters) – Hong…

Siemens pips GE in race for Iraq’s $14 billion electricity scheme

[ad_1] BERLIN (Reuters) – Siemens is well placed to win the bulk of orders flowing from a $14 billion (£10 billion) scheme to rebuild Iraq’s electricity infrastructure following years of…

Swiss-EU treaty row gets real as shortages of medical devices loom

[ad_1] By Michael Shields, John Revill * Seamless trade in medical devices could end from May 26 * Small Swiss market sparks concerns over thousands of products * Fight over…

Philips sales spurred by rising Chinese healthcare spending

[ad_1] AMSTERDAM (Reuters) – Rising healthcare spending by the Chinese government helped Dutch health technology company Philips PHG.AS post better-than-expected sales growth for the second quarter, putting its shares among…

Siemens’ $18 billion energy spin-off falls in Frankfurt debut

[ad_1] By Christoph Steitz, Alexander Hübner FRANKFURT/MUNICH (Reuters) – Shares in Siemens Energy ENR1n.DE opened lower than expected on their first day of trading on the Frankfurt stock exchange, as…