A contract programmer who pleaded guilty to a federal crime last summer has been sentenced and fined. He admitted to planting a “logic bomb” in a system that caused glitches in the system he built for his client every few years – forcing his employer to be dependent on him […]
A 6-mile stretch of “eHighway” has opened in Germany. The road, inspired by electric-train lines, has cost Germany’s environment ministry 14 million euros and is under testing until 2022. Conductor rods attached to a truck’s roof connect with 670-volt overhead cables, which charge the trucks as they drive. Germany also […]
Siemens’ stock jumped more than 4.5% on Wednesday after it announced the spin off of its gas-and-power division and transfer of its renewable-energy business to the new company. The German industrial giant will retain a stake of 25% to 50% in the new entity, which will have annual sales of […]
Institutional Investor ranked the continent’s best CEOs, CFOs, and investor relations professionals across 31 industries for its 15th annual All-Europe Executive Team ranking of 2019. The magazine and research firm compiled votes from 1,900 money managers and research analysts from more than 700 companies for its list of the top […]
Danske Bank has appointed Jesper Nielsen to be interim CEO after relieving outgoing boss Thomas Borgen of his duties. Borgen was previously expected to stay in his role until a permanent replacement was found. The CEO change comes as the bank is embroiled in a $US235 billion money laundering scandal […]
Major manufactures employing over 70,000 people in the UK have put pressure on the government in recent weeks over Brexit. Businesses want more clarity over Britain’s future trading relationship with the EU, with less than a year left until Brexit. “It’s undeniable that there’s been a big shift in businesses […]
Airbus, Rolls-Royce, and Siemens are collaborating to create the technology necessary for a hybrid electric plane. They want to test a hybrid electric plane by 2020 and begin commercial flights by 2025. Electric engines could reduce aeroplane noise and fuel costs. Airbus, Rolls-Royce, and Siemens are collaborating to create the […]
German tech giant Siemens has made a $135 million software grant to Melbourne’s Swinburne University of Technology, in a deal it claims is the largest in Australia. The grant was announced Wednesday to coincide with the 145th anniversary of Siemens’ commissioning of the Darwin to Adelaide telegraph. “For Siemens to […]
BERLIN -- Siemens remains committed to Britain...
The rise of robots has been an important...
It's official: Siemens just announced its...
Bloomberg is reporting German conglomerate...
