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…

Shares in wind turbine maker Nordex fall after share sale

[ad_1] FILE PHOTO: An engineer works at the Nordex wind turbine factory hall in Rostock, August 18, 2010.REUTERS/Tobias Schwarz FRANKFURT (Reuters) – Shares in wind turbine maker Nordex fell 8%…

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…

Exclusive: Thyssenkrupp could change tack and keep hydrogen champion Uhde – sources

[ad_1] By Tom Käckenhoff, Christoph Steitz DUESSELDORF/FRANKFURT (Reuters) – Embattled conglomerate Thyssenkrupp is reviewing ways to keep its electrolysis unit Uhde as demand for large-scale production of hydrogen is expected…

MHI says not in negotiations over wind turbine maker Siemens Gamesa

[ad_1] FILE PHOTO: A model of a wind turbine with the Siemens Gamesa logo is displayed outside the annual general shareholders meeting in Zamudio, Spain, June 20, 2017. REUTERS/Vincent West…

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…