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Siemens prepares separation of huge drive enterprise

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BERLIN, Oct 18 (Reuters) - Siemens (SIEGn.DE) is preparing a separation of its large drive applications (LDA) business, the German engineering and technology company said on Monday, confirming media reports. The separation of the unit, which produces heavy-duty electrical drive systems for...

Safety Enterprise Board chair Deborah Lee James, on serving to Pentagon see ‘forest for...

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WASHINGTON — Flat defense budgets may be looming. The military’s focus is shifting away from the Middle East to China and Russia. And bills on everything from modernization to AI to the nuclear enterprise are coming due. With that combination...

Mount Pearl Eradicating Pink Tape for Small Enterprise Householders

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he City of Mount Pearl is rolling out a number of initiatives to help local small business owners, as it celebrates Small Business Week. The city is introducing the Kwick-start Your Business in Mount Pearl event at the Mount Pearl...

When will oil prices peak? Retailers and analysts are rethinking their forecasts.

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Oil prices are at seven-year highs, with the cost of West Texas Intermediate crude, the United States benchmark, up 70 percent this year, at more than $80 per barrel. It’s part of a global energy crunch that is pushing...

Tata Motors Stock Up After Announcement Of Funding In EV Enterprise, Will It Protect?

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Tata Motors’ stock (NYSE: TTM) rose by 63% in the last twenty-one trading days. In comparison, the broader S&P500 index declined by 0.3% over the same period. The stock rose after the company announced it will raise $1 billion in...

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