munich

Siemens is well placed to adapt business in U.S.: CEO

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. Steam power plants that are powered by coal, state-of-the-art gas-fired power plants, wind energy, we can build solar parks and the necessary link to the power grid,” Joe Kaeser …

Original post:
Siemens is well placed to adapt business in U.S.: CEO

munich

Apple to launch new iPhone, iPad in March: 9to5mac

(Reuters) – Apple Inc is on target to introduce its next iPhone and iPad models on March 15, and aims to start selling the devices in the same week, technology blog 9to5Mac reported, citing sources. Apple, which will introduce a new 4-inch iPhone, dubbed the “iPhone 5se”, and a new iPad Air at a launch event, is unlikely to take pre-orders for the new devices, the blog reported. The technology giant has

View original here: 
Apple to launch new iPhone, iPad in March: 9to5mac

munich

China December official PMI likely to show fifth month of contraction

Activity in China's manufacturing sector is expected to have contracted for a fifth straight month in December, a Reuters poll showed, likely consigning the world's second-largest economy to its slowest annual growth in a quarter of a century. The official manufacturing Purchasing Managers' Index (PMI) is forecast to inch up to 49.7 from November's 49.6, according to a median forecast of 27 economists in a Reuters poll. Analysts expect only a marginal improvement in the vast manufacturing sector in December from …

See the original post: 
China December official PMI likely to show fifth month of contraction

munich

Adidas not facing shareholder pressure to sell Reebok: FT

Adidas is not facing pressure from activist shareholders to offload more assets, like fitness brand Reebok, the German sporting goods group's finance chief told the Financial Times. “I've never had a conversation where anyone has given me any pressure about anything,” the FT quoted Robin Stalker as saying in an interview …

Read the rest here: 
Adidas not facing shareholder pressure to sell Reebok: FT