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Siemens CEO says Russia sales have halved: newspaper

2015-04-12 14:22:46| Telecom - Topix.net

German industrial group Siemens has seen sales in Russia plunge by about half due to the country's economic demise, Bild am Sonntag reported, citing chief executive Joe Kaeser. Automakers and other companies have been making cuts in Russia in response to effects of the weak rouble, which has been hammered by low oil prices, and Western sanctions imposed over Moscow's role in the Ukraine crisis.

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Siemens CEO says Russia sales have halved: newspaper

2015-04-12 13:47:14| Industrial Machines - Topix.net

German industrial group Siemens has seen sales in Russia plunge by about half due to the country's economic demise, Bild am Sonntag reported, citing chief executive Joe Kaeser. Automakers and other companies have been making cuts in Russia in response to effects of the weak rouble, which has been hammered by low oil prices, and Western sanctions imposed over Moscow's role in the Ukraine crisis.

Tags: sales russia siemens newspaper

 
 

When Russia declared war on Greenpeace

2015-04-12 01:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Independent: Frank Hewetson is lying on the upper bunk of a prison cell in the Russian Arctic, waiting impatiently for the Valium tablet to kick in. Hes wearing woollen tights, two pairs of socks, three T-shirts, a pullover, a skull-gripping hat and earplugs. The hot incandescent bulb dangling from a wire above his head has just been switched off by the guards, and Murmansk SIZO-1 isolation jail is stirring. He can hear boots stomping above his head, prisoners thumping the walls in cells down the corridor,...

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Canada & Russia beat tropical countries top global deforestation list

2015-04-10 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Mashable: Not very long ago, tropical countries like Indonesia and Brazil were cast as the main villains of global forest conservation efforts. These countries have been chopping down huge swaths of rainforests to make way for agriculture and palm oil plantations, among other uses. By and large, they still are -- but compared to other countries, there may be sufficient evidence now to pass the villain baton to other national actors. And these other nations aren't ones that you'd normally suspect. According...

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Ford to gain control of Russia JV and provide finance

2015-04-10 14:59:23| Auto Dealers - Topix.net

U.S. auto maker Ford Motor Co will take control of its Russian venture with Sollers and provide it with additional financial support, the Russian firm said on Friday. Ford is taking control in exchange for preferred shares in the Ford-Sollers venture, while its economic interest in the venture remains unchanged at 50 percent, Sollers said.

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