Financial News

Siemens sees up to 20% drop in business in April-June quarter: Report

FRANKFURT: German engineering company Siemens saw the volume of business contract by as much as 20 per cent in the three months to June and activity in 2021 would stay below 2019 levels, the chief financial officer told Boersenzeitung (BoeZ). Ralf Thomas told Saturday’s edition of the newspaper …

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