India’s Siemens posts Q1 profit surge as infrastructure spending rebounds…

Posted by February 15, 2023

BENGALURU, Feb 14 (Reuters) - Siemens Ltd (SIEM.NS), the Indian arm of German engineering company Siemens AG (SIEGn.DE), reported an 85% rise in quarterly profi

Read More

ABB won’t rush float of $2.9 billion electric vehicle charging…

Posted by February 2, 2023

ZURICH, Feb 2 (Reuters) - ABB (ABBN.S) won't be rushed into the flotation of it 2.6 billion Swiss franc ($2.86 billion) E-Mobility electric vehicle charging bus

Read More

Ex-US VP Gore’s fund among ABB car charging business’ new…

Posted by February 1, 2023

ZURICH, Feb 1 (Reuters) - ABB (ABBN.S) has sold more of its electric vehicle (EV) charging business to four investors including a fund linked to former U.S. Vic

Read More

ABB raises $209 mln from selling stake in EV charging…

Posted by November 21, 2022

Sale values E-mobility at 2.4-2.5 bln SfrABB aims to float the business in second half of 2023Buyers include investors linked to IKEA and AMAGZURICH, Nov 21 (Re

Read More

India’s Schneider Electric Infrastructure posts second-quarter profit

Posted by November 3, 2022

BENGALURU, Nov 3 (Reuters) - Schneider Electric Infrastructure (SEIN.NS) reported a profit in the second quarter on Thursday, after winning a slew of orders fol

Read More

Bottlenecks, supply problems improving at ABB robotics division – board…

Posted by September 13, 2022

Head of ABB Robotics and Discrete Automation business Sami Atiya poses next to robots in Zurich, Switzerland February 22, 2021. ABB/Oliver Baer/Handout via REUT

Read More