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Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan's Hitachi in 2018.
ZURICH (Reuters) -Swiss engineering group ABB reported on Thursday its highest-ever quarterly order intake, helped by surging demand from the United States and for products used in data centres ...
ABB Ltd. is nearing a deal to pay around $325 million to resolve bribery allegations in South Africa, according to people familiar with the matter, an outcome that would make the Swiss industrial ...
ABB is launching three new families of factory robots designed specially for China, the Swiss engineering company said on Wednesday, as it aims to benefit from rising demand for automation among ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US Republican lawmakers have accused ABB of failing to address “alarming” vulnerabilities in China-made ...
ABB noted it has distributed the Accelleron shares on a pro rata basis with 1 Accelleron share for 20 ABB Ltd shares held. Accelleron spin-off is part of ABB's portfolio management strategy to ...