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A prosecutor recommended life in prison Thursday for a 90-year-old man being tried on allegations he ordered the WWII killings of 14 Italian civilians in reprisal for partisan attacks.
Porsche SE announced Wednesday it was moving toward creating an "integrated" carmaker with fellow German automaker Volkswagen AG, but emphasized that the high-end sports car company would retain its independence.
Industrial conglomerate Siemens AG is poised to sell its 50-percent stake in the joint venture Fujitsu Siemens Computers to Japan's Fujitsu Group, two people familiar with the deal told The Associated Press on Monday.
A 90-year-old former officer in the Nazi army is fit enough to stand trial on charges he ordered the reprisal killings of 14 civilians in Italy during World War II, a Munich court ruled Monday.
A former Siemens AG manager was sentenced to two years' probation and fined 108,000 euros ($170,000) on Monday for his role in a corruption scandal at the industrial conglomerate.
A baby boy removed from his parents' custody after they offered to sell him on eBay for just a euro — $1.59 — as a joke is back at home, a prosecutor said Thursday.
A former Siemens AG manager on trial over alleged corruption and bribery testified Monday that "commissions" were paid to secure orders.
Siemens AG said Tuesday it will reorganize its corporate telecom unit, a move that will cut 3,800 jobs and transfer another 3,000 to partners or other units.
Siemens AG said Tuesday it will reorganize its corporate telecom unit, eliminating 3,800 jobs while another 3,000 will be transferred to partners or other units — its biggest cuts in years.
Industrial conglomerate Siemens AG will cut 7,000 jobs from its corporate telecommunications unit Siemens Enterprise Networks, officials with knowledge of the plans told The Associated Press on Monday.
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