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High-Speed Rail to Connect Red Sea and Mediterranean - Siemens AG

Egypt Picks Europe Over China High-Speed Rail to Connect Red Sea and Mediterranean

A consortium led by Germany’s Siemens has been awarded a contract to build a high-speed rail network in the Middle East. The deal is good for Egypt, Germany and Europe – and it shows that the West can still compete against China. An Analysis by Bernhard Zand

Siemens CEO 'We Need to See Calm Restored'

After the recent turbulence at Siemens, the company's new CEO, Joe Kaeser, tells SPIEGEL why the company needs a fresh start.

How Siemens Lost Its Way - Siemens

Peter and the Wolves How Siemens Lost Its Way

Siemens is a massive global conglomerate, building everything from trains to power plants. In-fighting and last week's ouster of CEO Peter Löscher are just a few indications of a German giant's decline. The company must find new markets to regain success. Von Dinah Deckstein, Martin Hesse und Thomas Tuma

Baggage Hampers Fresh Start at Siemens - ? Wolfgang Rattay / Reuters/ REUTERS

Management Shake-Up Baggage Hampers Fresh Start at Siemens

Joe Kaeser has been voted in unanimously as the new Siemens CEO in a triumph for supervisory board head Gerhard Cromme, who has defeated his critics for now. If the company truly wants a fresh start, though, it will have to part ways with Cromme too. Von Dinah Deckstein und Florian Diekmann

'An Icon of German Industry Is Wobbling' - ? Fabrizio Bensch / Reuters/ REUTERS

World from Berlin 'An Icon of German Industry Is Wobbling'

Siemens, a pillar of Germany's proud industrial reputation, has fired its CEO Peter Löscher for presiding over a series of mishaps and failing to meet earnings goals. German commentators welcome his departure and say chief supervisor Gerhard Cromme should go too.

Siemens Blames Others for Delayed Deliveries - Roland Weihrauch/ picture alliance / dpa

Passing the Buck Siemens Blames Others for Delayed Deliveries

Due to a series of glitches, German electronics giant Siemens has once again been unable to deliver trains on time. Instead of assuming responsibility for the problems, management is trying to pin the blame on suppliers and government agencies. Von Dinah Deckstein

Merkel Joins Battle against Executive Pay - ? Morris MacMatzen / Reuters/ REUTERS

Inflated Salaries Merkel Joins Battle against Executive Pay

Both the European Union and Switzerland have drawn a line in the sand recently when it comes to excessive compensation packages. Now, Berlin too wants to cap salaries. For Chancellor Merkel, the move marks a U-turn, but with growing public discontent, she had little choice. By SPIEGEL Staff

Siemens Problems 'Can Hardly Get Worse' - dapd

The World from Berlin Siemens Problems 'Can Hardly Get Worse'

Engineering giant Siemens is in the hot seat after it was revealed on Thursday that the company will be unable to deliver high-speed trains on time, spelling delays and cancellations this winter in Germany. Media commentators say that company management is to blame for this and other recent disasters.

Making Trolleys Out of Trucks 'Green' Transport Idea Is Expensive Folly

The German engineering giant Siemens is researching the idea of using overhead electricity lines to power truck traffic. But the state-supported project makes no sense. It would cost billions to implement -- and only lead to higher fuel consumption and more pollution. Von Christian Wüst

Siemens Allegedly Sold Surveillance Gear to Syria - dpa

Monitoring the Opposition Siemens Allegedly Sold Surveillance Gear to Syria

German engineering giant Siemens and a spinoff company allegedly sold surveillance technology to the Syrian regime, according to a German television report. The government could be using the equipment to crack down on opposition supporters, human rights activists warn.

Siemens to Exit Nuclear Energy Business - A3483 Matthias Schrader/ dpa

Response to Fukushima Siemens to Exit Nuclear Energy Business

Siemens plans to pull out of the nuclear energy business, CEO Peter Löscher told SPIEGEL. After the Fukushima nuclear disaster "the chapter is closed," he said. The company will expand its renewable energy activities instead.

Berlin Pushes Industry on High-Speed Maglev Rail - Planungsgesellschaft IBV/IFB

Transrapid Revival on the Canary Islands? Berlin Pushes Industry on High-Speed Maglev Rail

Is the magnetic levitation Transrapid train making a comeback on the Canary Islands? German Transportation Minister Peter Ramsauer is enthusiastic about the high-speed monorail, but German manufacturers Siemens and ThyssenKrupp are showing little interest in such projects. Von Peter Müller

Can Obama Get High-Speed on Track?

Ditching Cars for Bullet Trains Can Obama Get High-Speed on Track?

President Barack Obama wants to upgrade America's transport system using high-speed trains, bringing a taste of what is a part of everyday life in Europe and Asia to the United States. But the car-obsessed nation is divided over the plans. Is the mammoth project doomed to failure? Von Philip Bethge

US Investigators Go After Former Siemens CEO - Ruediger Fessel/ Bongarts/Getty Images

Bribery Suspicions US Investigators Go After Former Siemens CEO

The Siemens bribery scandal is far from over for former CEO Heinrich von Pierer. US authorities are now investigating Pierer and other top managers on suspicion of being involved with corruption. The Americans are particularly interested in mysterious payments made to Argentina. Von Jürgen Dahlkamp und Jörg Schmitt

French, Germans Lock Horns over Channel Tunnel - PASCAL ROSSIGNOL/ REUTERS

High-Speed Train to Trouble French, Germans Lock Horns over Channel Tunnel

Since the Channel Tunnel opened in 1994, the only high-speed trains meeting the strict regulations for operating in it were made by France's Alstom. Those regulations might now be relaxed, giving Germany's Siemens a chance to put its trains on the line.

Foreign Firms Hoping to Ride US Rail Boom - ODD ANDERSEN/ AFP

Obama's High-Speed Train Revolution Foreign Firms Hoping to Ride US Rail Boom

Siemens, Bombardier and other rail engineering firms have high hopes for the US market because the Obama Administration plans to promote the development of high-speed rail networks. Germany's Siemens will showcase its Velaro ICE trains in Florida this week ahead of a bidding process in the state. Von Mary Beth Warner

No More Business With Iran, Says Siemens - Robert Schlesinger/ dpa

Closing Ranks on Tehran No More Business With Iran, Says Siemens

Europe's largest engineering conglomerate has announced an end to business with Iran. High-tech exports from European firms have worried Western governments in light of Tehran's apparent ambition to build a nuclear bomb. Now German Chancellor Angela Merkel sees a way forward for tighter UN sanctions.

German High Speed Trains to Link Moscow with St. Petersburg - Christian Wüst / DER SPIEGEL

'Like Ferraris on Dirt Roads' German High Speed Trains to Link Moscow with St. Petersburg

High-speed German trains will soon be traveling between Moscow and St. Petersburg. But they won't be able to go as fast as they do elsewhere because money hasn't been put into improving the rails they run on. In that sense, it reflects the situation in Germany, where the high-speed rail network is woefully underdeveloped. Von Christian Wüst

Siemens and Deutsche Bahn Plan US High-Speed Rail Offensive - AFP

All Aboard Siemens and Deutsche Bahn Plan US High-Speed Rail Offensive

German engineering giant Siemens and national railway operator Deutsche Bahn are making plans to penetrate the US rail market. They hope to benefit from President Obama's promised $8 billion in investments in the country's high-speed railway infrastructure.

'On the Brink of a New Era in Energy' - SPIEGEL ONLINE

Interview with Siemens CEO on the Desertec Project 'On the Brink of a New Era in Energy'

The biggest solar energy project in the world is about to get off the drawing board. And leading German firm, Siemens, is just one of around a dozen organizations getting behind Desertec. SPIEGEL asked Siemens CEO Peter Löscher about his company's role in the project.

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