Siemens AG
China’s local climate force could spawn new world-wide players, even if Beijing falls limited on its pledge
China aims to arrive at peak carbon emissions in 2030. Pictured in this article is a wind farm in Chongqing in southwest China, on June 28, 2022. Long term Publishing | Long term Publishing | Getty Pictures BEIJING — China states it wants to be carbon neutral by 2060 — and these stated ambitions are […]
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Siemens commissions 1 of the greatest inexperienced hydrogen output plants in Germany
A Siemens symbol in Germany. The industrial large states that a recently commissioned green hydrogen plant in the country will use wind and solar energy from the Wunsiedel Vitality Park. Daniel Karmann | Image Alliance | Getty Photos A eco-friendly hydrogen technology plant explained as just one of the greatest in Germany is open up, […]
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These worldwide stocks could do perfectly in a recession and glance low-priced, say Morgan Stanley and UBS
Economic downturn risks are rising after extra, as Wall Street’s summertime rally fizzles at the prospect of a lot more interest fee hikes. On Monday, U.S shares had their worst working day considering the fact that June. The key averages all shut down decreased, with all 11 S & P 500 sectors closing decreased in […]
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Hydrogen-powered trains to be used in Germany’s capital region
A Mireo Plus H train photographed in North Rhine-Westphalia, Germany, on May 5, 2022. According to Siemens Mobility, the train can hit a top speed of 160 kilometers per hour, or around 99 mph. Sophie Brössler | Picture Alliance | Getty Images Siemens Mobility is to build several hydrogen-powered trains for a network in the […]
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Morgan Stanley says investors can weather a ‘prolonged storm’ with these global stocks
European companies have never been richer, according to Morgan Stanley , and are ready to splash the cash — including distributing part of it to shareholders. The Wall Street bank has named a raft of stocks that have strong balance sheets and resilient cash flows and are set to return excess cash to shareholders through […]
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Latest Shanghai quarantines add more pressure to global supply chain
Staff members of China Post unload parcels of daily necessities for residents quarantined at home from a minivan on May 14, 2022 in Shanghai, China. Tian Yuhao | China News Service | Getty Images The mass quarantine measures imposed this past weekend in Shanghai, including highway closures, severely affected trucks carrying exports bound for the […]
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Egypt set for world’s sixth largest high-speed rail system with backing from Germany’s Siemens
A train passes through a station in Egypt. The project involving Siemens Mobility will use trains that can reach a top speed of 230 kilometers per hour, and the line will be fully electrified. Paulvinten | Istock | Getty Images A new high-speed rail line is coming to Egypt, with developer Siemens Mobility saying it […]
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Siemens to leave Russia due to Ukraine war, take hefty charge
Siemens will quit the Russian market due to the war in Ukraine, it said on Thursday, as losses and charges at its train-making business led to a downturn in profit during its second quarter. “We join the international community in condemning the war in Ukraine and are focused on supporting our people and providing humanitarian […]
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Wall Street banks love these energy stocks — and two are on Goldman’s conviction buy list
Goldman Sachs and Bank of America have identified their top energy stocks to buy, two of which are on Goldman’s coveted conviction list. Source
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Hydrogen-powered train a step closer to passenger service in Germany
A model of Siemens Mobility’s Mireo Plus photographed in 2019. Nicolas Armer | Picture Alliance | Getty Images Plans to deploy a hydrogen-powered train in the southern German state of Bavaria took a step forward this week after Siemens Mobility and rail operator Bayerische Regiobahn put pen to paper on a leasing contract. The signing […]
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