ELCO1

Siemens Energy sees $1.1 billion in sales from electrolyser business mid-term

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Siemens Energy sees $1.1 billion in sales from electrolyser business mid-term

Miniatures of windmill, solar panel and electric pole are seen in front of Siemens Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BERLIN, Nov 8 (Reuters) – Siemens Energy (ENR1n.DE) expects more than 1 billion euros ($1.1 billion) in revenues mid-term from its hydrogen electrolyser manufacturing business, one … Read more

China’s Hollysys to consider $1.55 bln takeover bid, seek other offers

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China’s Hollysys to consider $1.55 bln takeover bid, seek other offers

Bid is latest after multiple offers to buy Hollysys Deutsche Bank to solicit additional potential offers Shares have gained 20.8% year-to-date Oct 2 (Reuters) – China’s Hollysys Automation Technologies , which makes automation and control systems, said on Monday it had set up a committee to consider a $1.55 billion takeover offer from a consortium … Read more

Wall Street ends down, investors step back after Fitch US rating cut

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Wall Street ends down, investors step back after Fitch US rating cut

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2023. REUTERS/Brendan McDermid/File Photo Fitch cuts US credit rating to AA+ Wells Fargo slides on plan to help refill FDIC coffers U.S. private payrolls beat expectations in July, ADP says Indexes down: Dow 0.98%, S&P 1.38%, … Read more