BERLIN (MarketWatch) -- Siemens AG SI Friday said it aims to expand through acquisitions its business in its Automation and Drives unit and its Siemens Building Technology unit. Siemens ...

Job cuts have been rumored for months at Siemens Business Services GmbH (SBS), the money-losing IT services arm of Siemens AG. Now they’re official: 2,400 jobs will be lost over the next two years.

Siemens has received a contract to deliver 67 Avenio trams to German operator Bremer Straßenbahn (BSAG ... which comprises a total of 163 stations. Delivery of the units is scheduled to start from ...

Nokia and Siemens will each hold 50% of the new venture, which will be based near Helsinki. The deal is expected to close at year-end. It would make the new entity the third-largest telecom ...

Nokia and Siemens are expected to announce a joint venture created with each of the companies' network equipment units. The new company will be headquartered in Finland and is to be headed by a ...