Trends - Siemens - Business Recorder

Siemens

New IPP deals: PM tasks Fatemi to address Siemens’ grievances

Siemens has invested substantial sums to establish Rousch Pakistan Power Limited (RPPL)

Updated 29 Nov, 2024 04:05pm

Business & Finance

Siemens flags political risks ahead after profit falls in fourth quarter

ZURICH: Siemens reported a drop in profit at its industrial business on Thursday and said it expected slightly lower...

Published 14 Nov, 2024 11:46am

Business & Finance

Siemens AG acquires additional stake in Pakistan’s subsidiary for Rs1.7bn

Siemens AG, a German multinational technology conglomerate, has acquired an additional stake in Siemens (Pakistan)...

Published 01 Nov, 2024 04:38pm

Business & Finance

Siemens’ $10.6 billion Altair deal strengthens its industrial software offering

Siemens is to buy U.S. engineering software firm Altair Engineering for $10.6 billion, strengthening its position in...

Published 31 Oct, 2024 06:05pm

Business & Finance

Siemens Energy raises 2024 free cash flow outlook after solid Q3

FRANKFURT/DUESSELDORF: Siemens Energy on Wednesday raised its free cash flow outlook for the second time in three...

Published 07 Aug, 2024 11:41am

Business & Finance

Siemens profit surges despite energy woes

FRANKFURT: German industrial giant Siemens on Thursday said large orders for trains boosted earnings in the third...

Published 15 Aug, 2023 06:30am

Business & Finance

Siemens Energy books $2.4bn in charges for wind turbine issues

FRANKFURT: Siemens Energy on Monday said problems recently unveiled at its wind turbine unit would cost it 2.2...

Published 07 Aug, 2023 10:59am

Business & Finance

Siemens to invest $2.2bn to ramp up global production

ZURICH: Siemens will spend 2 billion euros ($2.16 billion) on a new global investment plan, the German engineering...

Published 15 Jun, 2023 12:30pm

Business & Finance

Siemens profit triples on orders boost

FRANKFURT: German industrial conglomerate Siemens raised its outlook for 2023 on Wednesday after second-quarter...

Published 22 May, 2023 06:23am

Business & Finance

Siemens Pakistan says it intends to sell energy portfolio

Siemens (Pakistan) Engineering Company Limited (SIEM), an engineering conglomerate and financial services...

Updated 13 Mar, 2023 03:49pm

Business & Finance

Siemens to spin out motors and drives business as Innomotics

BERLIN: Siemens AG said Wednesday that the spin-out of its motors and drives business would result in a wholly owned...

Published 06 Mar, 2023 08:18am

Business & Finance

Siemens signs 3bn euro train deal in India

ZURICH: Siemens has signed a 3 billion euro ($3.25 billion) contract to supply and service freight trains in India,...

Updated 16 Jan, 2023 06:34pm

Business & Finance

Siemens Q4 profit beats view; sees persistent demand for hardware, software

ZURICH: German engineering and technology group Siemens posted a better-than-expected fourth-quarter profit for its...

Published 17 Nov, 2022 12:27pm

Business & Finance

Siemens posts loss as energy spin-off struggles

FRANKFURT: German industrial conglomerate Siemens said Thursday it had made a significant net loss as it counted the...

Published 11 Aug, 2022 11:40am

World

Construction starts on Egypt’s first, Russian-built nuclear plant

CAIRO: Construction of a nuclear plant by Russia’s state-owned energy corporation Rosatom on Egypt’s north coast...

Published 22 Jul, 2022 06:07am

Markets

Russia's Gazprom tells Europe gas halt beyond its control

LONDON: Russia's Gazprom has told customers in Europe it cannot guarantee gas supplies because of 'extraordinary'...

Published 19 Jul, 2022 12:54am

Business & Finance

Siemens and Nvidia collaborate to expand digital services

ZURICH: Siemens has signed a partnership agreement with chip designer Nvidia Corp to create an industrial metaverse...

Published 29 Jun, 2022 08:16pm

Business & Finance

Siemens Mobility wins $8.7bn high-speed rail deal in Egypt

BERLIN: Egypt has signed a contract with industrial manufacturing company Siemens’ rail and traffic unit and its...

Published 29 May, 2022 05:50am

Markets

Siemens Mobility wins $8.7 billion high-speed rail deal in Egypt

BERLIN: Egypt has signed a contract with industrial manufacturing company Siemens’ rail and traffic unit and its...

Published 28 May, 2022 10:17pm

Business & Finance

Siemens profits down as it plans Russia exit

FRANKFURT: German industrial conglomerate Siemens said Thursday its profits were cut nearly in half in the second...

Published 12 May, 2022 01:11pm

Markets

K-Electric awards $84mn EPC contract to Siemens Pakistan

Project will enable company to import additional power of up to 800MW from the national grid from mid-2024

Published 06 May, 2022 01:08pm

Business & Finance

Siemens orders surge sending shares higher

ZURICH: Siemens saw a boom in first-quarter orders, the German engineering and technology group said on Thursday,...

Published 10 Feb, 2022 02:33pm

Opinion

Wind powers change in England’s industrial heartland

On the banks of the River Humber in northern England, the winds of change are blowing through Hull, where factory...

Published 07 Feb, 2022 05:22am

Business & Finance

Siemens annual profits up despite supply chain snags

FRANKFURT: German industrial giant Siemens reported a jump in yearly net profit on Thursday despite a fourth quarter...

Published 15 Nov, 2021 05:16am

Business & Finance

Siemens Energy proposes dividend on free cash flow gain

MUNICH: Siemens Energy proposed on Wednesday to pay a dividend of 0.10 euros per share on the back of a strong...

Published 10 Nov, 2021 12:01pm

‘Suez Canal on rails’ — Egypt signs $4.5bn high-speed rail deal

CAIRO: Egypt has signed a $4.45 billion deal for a high-speed electric rail line to link its Red Sea and...

Published 02 Sep, 2021 04:34am

Markets

Software consultancy firm Thoughtworks files for US IPO

NEW YORK: Thoughtworks, a software consultancy company backed by Germany's Siemens AG, filed paperwork for a US...

Published 23 Aug, 2021 06:20am

Business & Finance

Siemens shrugs off supply chain woes to triple profits

FRANKFURT: German industrial giant Siemens on Thursday raised its earnings forecast for the year as profits almost...

Published 09 Aug, 2021 05:05am

Business & Finance

Siemens raises profit guidance for third time after beating forecasts in latest quarter

Net income for the year to the end of September is now expected to be in the range of 6.1 to 6.4 billion euros

Published 05 Aug, 2021 11:23am

World

Amtrak to spend $7.3bn on US rail upgrade, with $3.4bn on Siemens trains

NEW YORK: Amtrak will invest $7.3 billion to upgrade US rail travel with more fuel-efficient trains and improved...

Published 08 Jul, 2021 04:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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